UAE

A man from Northern Ireland looks set to spend Christmas in the UAE following his arrest.Craig Ballentine was arrested after posting a negative Google review about his former employer in Dubai, the BBC reported.Ballentine’s family said the situation was “a living nightmare.”A man from Northern Ireland who was arrested after…

By Maya Gebeily, Parisa Hafezi and Alexander Cornwell BEIRUT/GENEVA/DUBAI (Reuters) – The U.S. and the United Arab Emirates have discussed with each other the possibility of lifting sanctions on Syrian President Bashar al-Assad if he peels himself away from Iran and cuts off weapons routes to Lebanon’s Hezbollah, five people…

By Patricia Zengerle WASHINGTON (Reuters) – U.S. Senator Chris Van Hollen has introduced legislation seeking to halt American weapons sales to the United Arab Emirates until the United States certifies that the UAE is not arming the paramilitary Rapid Support Forces (RSF) in Sudan, according to an early version of…

By Andrew Mills, Marwa Rashad, Emily Chow and Yuka Obayashi (Reuters) – Qatar is finding it hard to agree new deals to supply liquefied (LNG) to Japan and South Korea as rising competition from the U.S. and elsewhere with more flexible contract terms challenges Doha’s decades-old dominance of the market.…

ABU DHABI (Reuters) – The United Arab Emirates is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich Gulf state, a government official told Reuters. The country of some 10 million people has become a proponent of nuclear power, a low-carbon energy source,…

Millionaires are choosing one place above all to move to, according to a new report: the United Arab Emirates.According to data from the latest report by Henley & Partners, a firm that advises the wealthy on where to move to protect and grow their assets, 6,700 millionaires are projected to…

By Stephen Nellis (Reuters) – Microsoft (NASDAQ:) President Brad Smith said the tech company’s high profile deal with the United Arab Emirates-backed AI firm G42 could eventually involve the transfer of sophisticated chips and tools – a move that a senior Republican congressman warned could have national security implications. In…

By David Gauthier-Villars and Aram Roston (Reuters) – The Emirati real estate developer behind Dubai’s signature skyscraper, the Burj Khalifa, has initiated the sale of property assets he owns in Belarus, a country targeted by Western sanctions, according to two people familiar with the matter, as he collaborates with Jared…

MOSCOW (Reuters) – Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more wary of U.S. secondary sanctions, eight sources familiar with the matter said. Payment delays reduce revenue to…