Monday 20 May 2019

Saudi forces hit Yemen rebel bases after oil pipeline attack

Saudi-led coalition warplanes have bombed Yemeni rebel targets including in the capital Sanaa after the Houthis claimed responsibility for the drone attacks on an oil pipeline in Saudi Arabia earlier this week, said media reports.    Meanwhile repor


4 killed as small plane crashes in Dubai

A UK-registered small DA42 plane crashed three miles to the south of Dubai International Airport, killing four people on board, the General Civil Aviation Authority (GCAA) has announced.   The four-seat plane crashed while on a mission to calibrate terrestrial n


UAE business licence numbers grow 3.7pc

The number of business licences issued in the UAE amounted to 560,158 since the start of 2019, an increase of 3.7 percent, or 19,800 licences, compared to the end of 2018, said a report.   The growth in the number of new licences reflects the improvement of vari


Saudi, UAE, Norway notify tanker attacks to UN council

Saudi Arabia, UAE and Norway have sent a joint letter to the United Nations Security Council, drawing attention to an incident in the UAE territorial waters which caused damages to four oil tankers.   This came in a joint statement issued yesterday by the Perman


New residency permits 'will draw innovators to Saudi Arabia'

The creation of a new residency permit scheme for qualified international expatriates in Saudi Arabia is expected to attract leading global entrepreneurs, innovators and investors to the kingdom, a senior official has said.   Engineer Ibrahim Al Omar, Governor o


UAE, Saudi Arabia sign deal to ease trade

The UAE and Saudi Arabia have signed an authorised economic operator (AEO) agreement aiming to improve the customs cooperation between the two countries and facilitate trade. The move comes in implementation of the outcomes of the Al Azm Retreat, approved by the Saudi-Emirati Coo


DLA Piper names corporate head for Mideast

DLA Piper, a global law firm, has appointed Will Seivewright as a partner and head of Corporate for the Middle East. Seivewright joins the firm's Dubai office from Baker McKenzie. His practice focuses on M&A (both public and private), joint ventures, corporate restructuri


China hikes tariffs on $60bn of US goods

China has hit back in its trade war with the US, announcing plans to impose tariffs on $60 billion of American imports, a media report said. Tariffs will be imposed on 5,140 US products with an annual value of about $60 billion from 1 June, reported Wam, citing the Chinese financ


UAE Space Agency to launch new satellite by year-end

The UAE Space Agency and Exolaunch have announced a joint agreement to launch a new satellite by the end of this year to measure the abundance and distribution of methane and carbon dioxide in UAE’s atmosphere. The agreement to launch MeznSat was signed during the recent Gl


UAE denies explosions at Port of Fujairah

The Fujairah Media Office has denied media reports that explosions took place at the Port of Fujairah today today (May 12) morning. Calling upon the media outlets to be responsible and rely only on official sources before reporting, the Media Office said: "The operations at

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