UAE

  • Secretary of the Supreme Council of Free Trade-Industrial and Special Economic Zones criticized recent moves in Majlis for levying tax in free zones and said the amount of investment flight from free zones to Turkey has been considerable in recent years and today the country sees the capital flight for investment to the UAE.

  • Head of Iran-UAE Joint Chamber of Commerce Erfan Shakeri says Iran and the UAE are working to prepare a ten-year outlook document for their trade ties which is in the early stage.

  • Israel’s President Isaac Herzog will make a historic visit to the UAE at the end of the month, his office has said, in the latest high-profile diplomatic trip since the countries normalised ties.

  • The UAE has pledged reprisals after a drone attack claimed by Yemen’s Houthi triggered a fuel tank blast that killed three people in Abu Dhabi.

  • The Advisor to President and Secretary of the Supreme Council of Free and Special Economic Zones says the UAE earns some $20b annually for bunker fuel and in fact offering services to the ships and vessels in the Persian Gulf which move towards Fujairah Port and unfortunately major part of the bunk fuel of the UAE is provided by the ships which smuggle fuel from Iran to Fujairah.

  • Director of East Hormozgan Maritime and Ports Organization refuted reports that due to lack of ships, exports of agro products have been disrupted and called it a fake and baseless claim.

  • The US is hopeful that it can work out any “outstanding issues” with the UAE over a $23 billion arms deal, a State Department official said Tuesday, after an Emirati official said his country was suspending talks on the sale of F-35 fighter jets.

  • A senior Emirati official said on Tuesday the United Arab Emirates would soon send a delegation to Iran as part of efforts to improve ties with rival Tehran.

  • Foreign Minister of the Islamic Republic of Iran in a series of tweets on Tuesday night, referring to his recent meeting with the Prime Minister of the UAE on the sidelines of the Baghdad Summit, stated that working with neighbors is a priority for Iran.

  • The Head of Iran Export Confederation said"Neighboring countries have been less affected by sanctions due to historical connections, and trade with them going on."