UAE AI investor MGX moves closer to strategic stake in TikTok US The state-linked Emirati investment firm is set to acquire a 15% stake in the social media platform's new US business as part of a plan that would avert a nationwide ban starting in 2026. United Arab Emirates
Newsletter: City Pulse Dubai Art at the edge: Kalba show explores borders & belonging Also this week: Lion in the Sun debuts in Dubai, ‘Poetry of Birds’ opens at L’ECOLE and festive cheer lights up Expo City By Rebecca Anne Proctor In Dubai, reporting on culture
Newsletter: China-Middle East China, UAE and the balancing act The UAE navigates growing ties with China while maintaining its strategic partnership with the US. By Rosaleen Carroll In Washington, DC, US, reporting on the Middle East
Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint Gulf companies have been increasing their investments in North African renewable energy. Egypt
Newsletter: Gulf China, India step up Gulf diplomacy By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
Newsletter: FutureVerse AI robots take on UAE construction By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel-UAE friendship continues with mutual recognition of driving licenses The agreement has been in the works since shortly after the signing of the Abraham Accords in 2020. Israel
Bybit, Crypto.com head for Dubai as UAE pushes cryptocurrency The Emirates wants to become a cryptocurrency hub for the region, but faces some competition from Israel. United Arab Emirates
UAE expands nuclear power plant, doubles electricity production The UAE is still reliant on oil and gas, though nuclear energy is rising in the country and across the region. United Arab Emirates
Israel, UAE to cooperate on clean hydroelectricity Israeli companies are eager to cooperate with Emirati partners for the development of clean, cheap and low-energy hydrogen production. Israel
Emirati and Turkish businesspeople discuss bilateral trade, investment The meeting between the Abu Dhabi Chamber of Commerce and Turkey’s ULUSKON business federation occurred in the context of rapprochement between the United Arab Emirates and Turkey. Turkey
UAE continues to grow influence in Africa with Zimbabwe trade The Emirates has expanded its presence on the African continent in recent years via infrastructure investments, military bases and more. United Arab Emirates
UAE sticks to OPEC+ production limits The Biden administration is asking Gulf partners to increase production in response to rising oil prices, but so far the cartel is holding to its earlier agreement. United Arab Emirates
Breaking | Last Updated: March 9, 2022, 6:16 pm Oil price dips as UAE endorses increased production Global oil prices have skyrocketed due to the Russian invasion of Ukraine. United Arab Emirates
UAE partners with US investing firm BlackRock The New York-based BlackRock signed a memorandum of understanding with UAE's global investment platform Investopia. United Arab Emirates
UAE sends aid to Ukraine The aid is a departure for the Emirates, which has remained neutral on the Russia-Ukraine conflict so far in a reflection of improving UAE-Russia ties. United Arab Emirates
Regional entrepreneurs say Middle East well-suited for fintech growth An Atlantic Council event highlighted how fintech can help traditional financial networks and professions in Egypt, Tunisia, and the Gulf. Egypt
China continues inroads in Middle East with plane sale to UAE The Emirates announced an initial purchase of 12 L-15 light fighter jets from China. United Arab Emirates