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CATEGORY

United Arab Emirates

UAE’s EDGE Group to Purchase Brazil’s Grupo Akaer

United Arab Emirates-based defense conglomerate EDGE Group has made strides in expanding its presence in Brazil’s defense sector. In a recent announcement dated July...

Iran Threatens Retaliation Against UAE: Tehran Reports Drone Action in Bandar Abbas Amid US Attacks

The ongoing conflict between the U.S. and Iran has escalated significantly, with recent events highlighting the increasing volatility of the situation. A series of...

UAE to Celebrate Union Pledge Day on July 18

In 2024, a significant announcement from UAE President Sheikh Mohamed bin Zayed Al Nahyan established July 18 as Union Pledge Day. This occasion embodies...

U.S. Lifts Restrictions on AI Chips for UAE Due to Financial and Military Relations

The recent lifting of the AI chip ban for the United Arab Emirates (UAE) by the United States marks a significant shift in trade...

China and UAE Establish Cross-Border QR Payment System to Enhance Global Yuan Use

In a significant effort to establish an alternative to Western financial systems, China is aligning its retail payment networks with those of the United...

Essential July 17 Updates for UAE Residents: Strait of Hormuz, Blockade, and Oil Effects

Diplomatic efforts remain a focal point for the U.S. in the face of ongoing military escalations. The White House has reiterated its commitment to...

Dubai refutes explosion reports, while Iran alleges US attacks on Bandar Abbas and Qeshm Island.

The Dubai government has officially refuted claims made by Reuters regarding explosions heard in downtown Dubai. This statement comes after witnesses allegedly reported blasts...

Reasons Behind Gulf Nations’ Billions in Investments in Africa

ADNOC Distribution's recent acquisition of Shell's petrol stations and fuel business in South Africa, worth approximately $1 billion, marks a significant milestone for Abu...

Latest Update: Explosions Detected in Downtown Dubai, According to Euronews Journalists

Loud blasts reverberated through downtown Dubai on Thursday night, signaling a rise in tension as missiles were reportedly neutralized above the city. This escalation...

New UAE-Based Owner Enters the Kamsarmax Market as a Buyer

In the ever-evolving maritime industry, strategic partnerships and acquisitions are crucial for growth and sustainability. A recent transaction has captured the spotlight, involving an...

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