Twenty-one-gun salute ring out and formation jets path Brazil’s nationwide colors as UAE President Sheikh Mohamed greets Lula da Silva at presidential palace in Abu Dhabi. The strategically situated Gulf nation is Brazil’s second-largest buying and selling accomplice within the Center East. (AFP) Brazil and the United Arab Emirates [UAE] have introduced a sequence of…
Tag: UAE
UAE, China promise Pakistan $1.3B to maintain IMF bailout deal on observe
Pakistan signed a $6.5 billion bailout package deal with the IMF in 2019, however has repeatedly reneged on situations and up to now simply $3 billion has been launched. Pakistan’s economic system has crumbled alongside a simmering political disaster, with the rupee plummeting and inflation at decades-high ranges. (AP Archive) Pakistan has introduced monetary assist…
Egypt’s Sisi hosts UAE chief in Cairo amid financial turmoil
Egyptian President Abdel Fattah el Sisi holds talks along with his Emirati counterpart Sheikh Mohamed bin Zayed Al Nahyan as Cairo seeks monetary inflows to ease strain on its foreign money and bolster a faltering financial system. President Sisi’s Gulf allies are demanding financial reform and higher transparency in return for his or her largesse….
UAE courtroom rejects South Africa’s plea to extradite Gupta brothers
The Guptas are accused of utilizing their connections with Jacob Zuma, president of South Africa from 2009 to 2018, to win contracts, affect cupboard appointments and siphon off state funds. The Indian-born brothers left South Africa after Zuma was unseated in 2018. (Getty Photos) A United Arab Emirates courtroom has dismissed South Africa’s request to…
UAE president designates his eldest son as crown prince of Abu Dhabi
Sheikh Mohammed bin Zayed Al Nahyan appoints his son Khaled as crown prince, the latter having risen to prominence on the nation’s state safety service and as chairman of highly effective Abu Dhabi Government Workplace. With new appointment Sheikh Khaled bin Mohamed bin Zayed Al Nahyan is positioned subsequent in line to take over as…
Syria’s Assad in UAE for second post-quake Gulf journey
The journey – Bashar al Assad’s second to the oil-rich United Arab Emirates in as a few years – comes after a go to to Oman final month. The UAE had pledged greater than $100 million in help to quake-hit Syria, by far the biggest sum by any single nation. (Syrian Presidency / AP) Syrian…