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Biden to Visit ‘Pariah' Saudi Arabia and Israel Next Month
President Joe Biden will make his first trip to the Middle East next month with visits to Israel, the occupied West Bank and Saudi Arabia. The White House on Tuesday announced the outline of Biden’s July 13-16 Middle East trip. The decision to pay a call on Saudi leaders comes after Biden as a Democratic presidential candidate branded the kingdom...
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More Hardship as New Sandstorm Engulfs Parts of Middle East
A sandstorm blanketed parts of the Middle East on Monday, including Iraq, Syria and Iran, sending people to hospitals and disrupting flights in some places.
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Palestinian Kills 2, Wounds Several in Tel Aviv Shooting
A Palestinian opened fire into a crowded bar in central Tel Aviv, killing at least two people and wounding several others
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Russia Backs Down on Demands in Iran Nuclear Deal Talks, Making Revival of 2015 Pact Imminent
A return to the 2015 deal would see the return of Iranian oil to the market at a time when crude prices have hit their highest levels in more than a decade.
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UAE Property Tycoon Sajwani Makes $1 Billion Bet on Data Centers
“We have the cash to inject, we’ve hired a very good team… we can build them at a more reasonable cost than our competitors,” the property mogul said.
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Property Booming in ‘Sanction Free' Dubai as Russian Interest Spikes
“I’m sure a lot of Russians are trying to fix their problems… but Dubai will benefit ultimately from any crisis,” an Emirati property magnate told CNBC.
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Dubai Utilities Giant DEWA to Go Public in April as IPO Boom Gets Underway
The utility had adjusted earnings of $3.3 billion last year, and plans to pay a minimum dividend of $1.69 billion over the next five years to future investors.
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UAE Is Placed on Money Laundering Watchdog's ‘Gray List'
The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.
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UAE Set to Be Put on Money Laundering Watchdog's ‘Gray List,' Report Says
The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.
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UAE Telco E&, Formerly Etisalat, Sets Sights on Asia, Europe for Growth After Major Overhaul
e& is one of the largest listed businesses in the UAE and one of the largest listed telecoms providers in the Middle East by market capitalization.
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UAE Cancels Visa-Free Regime for Ukrainians Just Days Into Russian Invasion
The UAE was among just a few countries that abstained from a U.N. vote condemning Russia’s invasion of Ukraine.
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Drone and Missile Attacks on the UAE Shows Its Strengths More Than Vulnerabilities, Security Analysts Say
Emirati officials reject that their country’s reputation as an isle of stability is being threatened.
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Iran Nuclear Talks Restart as Critical Time Pressure and Distrust Builds
Iran’s nuclear advancements throughout 2021 have shrunk its “breakout time,” or the time it would take to be able to build a nuclear bomb.
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Ahead of Its First SPAC Approval, Dubai's Shuaa Capital Says It Wants to Launch More in ‘Quick Succession'
Dubai-listed investment bank Shuaa Capital is still in the final stages before its first SPAC can be listed, but the bank is already eager to launch more.
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U.S. Will Work With the UAE to Thwart Drone Attacks, Centcom Chief Says
The announcement comes in the wake of several successive drone and missile attacks on the UAE.
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Now Is ‘Perfect Time' for a Second Saudi Aramco Public Listing, Former Executive Says
With international benchmark Brent crude trading at seven-year highs, some in the industry see now as the optimum time to make such a move.
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Casino Giant Wynn to Open a 1,000-Room Resort in UAE Emirate Introducing Legal ‘Gaming'
The Nevada-based casino giant on Tuesday announced a multibillion-dollar deal with the UAE.
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UAE Approves First SPAC Framework in the Gulf Region
The announcement comes as the UAE pushes to further diversify its economy and compete with larger markets.
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U.S. and UAE Forces Intercept Ballistic Missiles Over Abu Dhabi; State Department Issues Alert
The missile launch comes just one week after a deadly Houthi-claimed attack on Abu Dhabi that used what UAE officials say were drones and missiles.
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UAE Vows Retaliation for Houthi-Claimed Attack, But Questions Emerge Over Potential Iran Role
In an area home to some of the world’s largest oil producers and key shipping routes, the uptick in tensions is likely to keep crude markets on edge.