The Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and Israel in 2022 will go into effect on Saturday, April 1. The trade agreement will see reduced or removed tariffs on more than 96 percent of product lines, according to the UAE’s Ministry of Economy. In addition to the new tariff structures, “the agreement with Israel […]
India is not looking at increasing air traffic rights for the United Arab Emirates, despite calls by Gulf carriers, and wants its domestic airlines to offer non-stop long-haul flights, its civil aviation minister told Reuters in an interview on Tuesday. The UAE has urged India to increase the maximum number of seats between the two […]
Iran will also be building a new set of centrifuges at the site
Naval Group has launched the French Navy’s first defense and intervention frigate (FDI), the Amiral Ronarc’h, at Lorient, France. Ordered by the French Defence Procurement Agency, the vessel is set to undergo sea trials as part of its ongoing development next year. The expected delivery of the frigate is scheduled for 2024. The launch ceremony […]
It will also establish 250 games companies in the Kingdom, which will create 39,000 jobs
German utility company RWE yesterday signed a deal with the Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas (LNG) to Europe’s largest economy by the end of December, RWE announced. According to the agreement, the December cargo “will be the first LNG to be supplied to the German gas market via the […]
Total damages due to DP World now amount to $686.5mln, plus interest
The European Union’s energy deals with Israel violate the block’s own policies and obligations under international law, according to the Palestinian BDS National Committee (BNC). The committee is the broadest Palestinian civil society coalition that works to lead and support the Boycott, Divestment and Sanctions (BDS) campaign. Exposing what they say is the “EU’s energy […]
The European Union opened an office in Qatar on Wednesday, in a sign of the Gulf State’s growing influence in solving the international energy crisis, local Qatari media reports. According to the report, EU Council President, Charles Michel, was to meet the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, and other top officials in […]
RIYADH: Following the launch of Saudi Arabia’s Vision 2030 in 2016, the Kingdom is on its way to becoming the world’s biggest construction site with a total investment of SR4.13 trillion ($1.1 trillion) in infrastructure and real estate projects, according to global real estate consultancy Knight Frank. The real estate firm projected that Riyadh’s population […]