Latest News for: Emirates deal

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Gulf trade, environment and health: the bedrock on which Global Britain will be built

The National 11 May 2021
The explicit mention of the Middle East and other regions plays into the government plans to make Britain a free-trading power ready to strike deals across the globe ... The prospect of a trade deal with the UAE was looked on favourably by the Emirates' ambassador in London.
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How Palestinian strongman Mohammed Dahlan midwived a shadowy Emirati-Serbian partnership

The New Arab 11 May 2021
In 2019, Serbian arms company Yugoimport SDPR signed a deal with the UAE's Emirates Advanced Research and Technology Holding reportedly related to the development of a Serbian multipurpose anti-armour weapon "capable of destroying all existing models of tanks in the world." ... These deals, Jakšić observes, have two elements in common.
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Quebecer detained in Dubai on fraud charges finally returns to Canada

CBC 11 May 2021
Gauthier's family maintains he was a whistleblower who alerted authorities in the United Arab Emirates to irregular dealings in a gold-trading company and then was arrested for the fraud himself ... .
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Canadian geologist detained in Dubai for six years is back home after charges dropped

North Shore News 11 May 2021
The 67-year-old says he was first arrested in 2015 after he alerted authorities in the United Arab Emirates to irregular dealings in gold-trading company Gold AE ... This report by The Canadian Press was first published May 11, 2021 ... .
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Canadian detained in Dubai for six years back home after charges dropped

Castanet 11 May 2021
André Gauthier ... The 67-year-old says he was first arrested in 2015 after he alerted authorities in the United Arab Emirates to irregular dealings in gold-trading company Gold AE ... ....
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Registration opens for hopefuls in Iran's presidential vote

News-Press Now 11 May 2021
TEHRAN, Iran (AP) — Iran opened registration Tuesday for potential candidates in the country's June presidential election, kicking off the race as uncertainty looms over Tehran's tattered nuclear deal with world powers and tensions remain high with the West ... The nuclear deal's collapse has seen hard-liners take control of Iran's parliament.
photo: AP / Hatem Moussa
Smoke rises after Israeli airstrikes in Gaza in Gaza City, Tuesday, May 11, 2021
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Israel vows more strikes as violence escalates and deaths rise

The Los Angeles Times 11 May 2021
GAZA CITY — ... The conflict escalated relentlessly throughout the day, and Israel vowed that its strikes would only increase ... The Israeli military said at least 16 of the dead were militants ... Col ... Column ... Arab states prefaced normalization with Israel on a deal giving Palestinians a state. But the United Arab Emirates’ and Bahrain’s moves change that.
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Soft power: How Abu Dhabi uses its influence in the United States

The New Arab 10 May 2021
How does a federation as small as the United Arab Emirates influence the ... As for the recent resumption of negotiations between the US and Iran concerning the nuclear deal, the author does not believe the US is really distancing itself from the Emirates - though they did oppose it.
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Dubai Police launch major Covid-19 safety drive for Eid Al Fitr

The National 10 May 2021
Dubai Police launched a major Covid-19 safety drive for the Eid Al Fitr holiday ... It is the second year that the festival is being observed against the backdrop of the pandemic ... Read More. Eid Al Fitr 2021 ... The senior officer said 111 ambulances and fire engines would be deployed across the emirate to deal with any emergencies ... .
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Investors hit pause ahead of a flood of new first quarter earnings

Gulf News 10 May 2021
Merger plan. Arkan Building and Materials soared 14.5 per cent posting another stellar performance, having surged 15 per cent on Sunday after Senaat revealed a plan to merge Arkan with Emirates Steel. The potential deal helped reverse the stock's fortunes sending it to around 20 per cent up for the year ... Read More. UAE ... Blue-chips lose charm ... .
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Middle EastADQ-backed Senaat seeks merger between Arkan and Emirates Steel

Reuters 09 May 2021
Abu Dhabi's General Holding Corp (Senaat) is seeking the merger of Arkan (ARKAN.AD) and Emirates Steel to create United Arab Emirates' biggest steel and building materials company ... Emirates Steel ... The deal is another sign of consolidation among companies backed by ADQ.
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ADQ-owned Senaat offers to merge Arkan Building Materials with Emirates Steel

Arab News 09 May 2021
Under the proposed deal, Emirates Steel would be transferred to Arkan in consideration of a convertible instrument which would on the closing of the deal convert to 5.1 billion ordinary shares at a ...
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Abu Dhabi's Senaat offers to merge Emirates Steel with Arkan to create $3.54bn entity

The National 09 May 2021
Under the terms of the proposed deal, Senaat would transfer Emirates Steel to Arkan for a convertible instrument that would automatically convert into approximately 5.1 billion ordinary Arkan shares upon completion of the deal, Senaat said in a statement on Sunday ... “Emirates Steel ...
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Abu Dhabi's Senaat offers to combine Emirates Steel with Arkan to create $3.54bn entity

The National 09 May 2021
Under the terms of the proposed deal, Senaat would transfer Emirates Steel to Arkan for a convertible instrument that would automatically convert into approximately 5.1 billion ordinary Arkan shares upon completion of the deal, Senaat said in a statement on Sunday ... “Emirates Steel ...
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FuelBuddy acquires MyPetrolPump in an all-cash and stock deal

Live Mint 09 May 2021
Notably, FuelBuddy focuses more on the bulk fuel category while MyPetrolPump deals in the non-bulk category ... Premium Premium Emirates to transport COVID relief items of NGOs for free from Dubai to India ... The market size for high-speed diesel (HSD), the fuel category FuelBuddy deals ...
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