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UAE News

Russian oligarch's Dh1.8 billion superyacht could sail away from UAE after court ruling

01 Apr 2019

A Dh1.8 billion superyacht held in Dubai for more than a year, as part of the UK's biggest ever divorce case, could soon be sailing out of the UAE following the latest chapter in a long-running legal battle.

Dubai's Personal Status court has ruled that the 115-metre vessel — which has been docked in the emirate for more than a year due to a legal fight between the Russian billionaire Farkhad Akhmedov and his ex-wife Tatiana — must be released.

Last November, the court overruled... Read More

Earth Hour 2019: How the UAE is support the global campaign (Video)

31 Mar 2019

On 30th March, the UAE join more than 188 countries across the world in marking the Earth Hour 2019, switching off lights to show its commitment to protect the planet and raise environmental awareness. As global biodiversity declines at an unprecedented rate, coupled with the ever-present challenge of climate change, Earth Hour 2019 focus its efforts on raising awareness and inspiring action on conserving nature and biodiversity.

From the Eiffel Tower to the Sydney Opera House, and... Read More

Mohammed bin Rashid honours winners of the Arab Journalism Award

31 Mar 2019

WAM -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, honoured the winners of the 18th edition of the Arab Journalism Award at a ceremony held at the conclusion of the Arab Media Forum (AMF) 2019.

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum; and Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, attended... Read More

Thunder Snow wins $12m Dubai World Cup prize (Video)

31 Mar 2019

Gulf News -- History was made at Meydan Racecourse yesterday when Thunder Snow became the first horse to win the $12 million Dubai World Cup (Group 1) twice - having stormed to an imposing victory twelve months ago.

The race was reminiscent of the very first running of the Dubai World Cup in 1996, when the legendary Cigar and Soul of the Matter engaged in a titanic battle on the home straight, with the former prevailing by less than a length, as thousands of racegoers screamed... Read More

Airbus bags $35bn jets deal from China in a blow to embattled Boeing

28 Mar 2019

Airbus secured a $35 billion (Dh128.5bn) jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing as it grapples with the grounding of its best-selling jet.

The mammoth order consists of 290 narrow-body planes A320 series and 10 wide-bodies A350, Airbus said after the transaction was announced in Paris on Monday. The deal’s value is almost double that touted by French President Emmanuel Macron in January 2018 during a trip... Read More

Picasso stolen from Saudi businessman's yacht found 20 years later

28 Mar 2019

A prominent Dutch art detective says he has helped recover a painting by Pablo Picasso that was stolen from a private Saudi owner's yacht in France in 1999. In an interview with broadcaster RTL, Arthur Brand said he was given, in confidence, the 1938 Picasso, Buste de Femme, which portrays fellow artist Dora Maar.

"You fear that it will be fake, but when I had it in my hands, I knew right away: this is real," he said.

Having received the painting in black trash bags at his... Read More

Uzbekistan exempts UAE citizens from pre-entry visas

28 Mar 2019

WAM -- Uzbekistan has exempted UAE citizens who hold diplomatic and ordinary passports from obtaining pre-entry visas.

The decision by Uzbekistan's government came into force on Wednesday, 20th March, 2019, enabling UAE citizens to visit Uzbekistan for 30 days without a pre-entry visa.

Badr Al Awadhi, Director of the Consular Services Administration at the Ministry of Foreign Affairs and International Cooperation, said, "The Uzbek government’s initiative to exempt UAE citizens... Read More

UAE, Uzbekistan boosting power generation, renewables, oil and gas ties

27 Mar 2019

WAM -- Mubadala Investment Company, Abu Dhabi’s strategic investment and development fund, has exchanged a set of strategic agreements with the Republic of Uzbekistan, in which future partnerships can be explored across three key strategic sectors; the conventional power generation, renewables, and the oil and gas sectors of Uzbekistan’s economy.

This will build on the existing strategic Government-to-Government relationship between the two countries, seeking to support efforts to... Read More

Uber to acquire Careem to expand greater Middle East regional opportunity together

27 Mar 2019

WAM -- Uber and Careem have reached an agreement for Uber to acquire Careem for US$3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals. The transaction is expected to close in Q1 2020.

Uber will acquire all of Careem’s mobility, delivery, and payments businesses across the greater Middle East region, ranging from Morocco to Pakistan, with major markets including Egypt, Jordan,... Read More

Uzbekistan President visits Wahat Al Karama

26 Mar 2019

WAM -- President Shavkat Mirziyoyev of Uzbekistan visited on Monday, 25th March, 2019, Wahat Al Karama, Abu Dhabi’s national and cultural landmark designed to commemorate the sacrifices and heroic deeds of UAE martyrs to defend their homeland and protect its achievements.

Upon his arrival, President Mirziyoyev was welcomed by Sheikh Khalifa bin Tahnoun Al Nahyan, Executive Director of the Martyrs' Families' Affairs Office, at the Abu Dhabi Crown Prince's Court. He attended the Guard... Read More