United Arab Emirates

Dubai ranks 13th in world's best cities index

bne Gulf bureau November 20, 2024

The United Arab Emirates' Dubai has secured 13th place in the 2025 World's Best Cities Index, outranking major global cities, including Los Angeles, Toronto, Seoul and Milan.

G20 summit wraps up with a joint statement strong on sentiment, but short on specifics

bne IntelliNews November 19, 2024

The G20 summit in Rio de Janeiro wrapped up with a joint declaration condemning war and calling for climate change action, but short on specifics.

So you want to get on the right side of Donald Trump? Try gift-wrapping a hotel

bne bureaus November 15, 2024

Though he’s busy preparing for his second stint in the White House, his brand is still doing business the world over.

Albania partners with UAE's Masdar for gigawatt-scale green projects

Aidą Kadyrzhanova in Prague November 14, 2024

Agreement aims to help Albania become more energy independent and reduce reliance on coal-heavy electricity imports.

PPF mulling bid for United Group's telecom assets in Southeastern Europe

Albin Sybera November 13, 2024

United Group’s telecoms assets in southeastern Europe have been put up for a potential sale.

TEHRAN BLOG: Why a Trump win may not be good for Israel

West Asia bureaux November 4, 2024

Israel's close association with Trump might further alienate it from other regional players, while Iran, now open to negotiation, may see opportunities in the coming shifts.

Malaysia seeks BRICS membership

bno - Surabaya Office October 22, 2024

Malaysia is aiming to become the latest member of the BRICS bloc, which was originally formed by Brazil, Russia, India, China, and South Africa

Kazakhstan has no plans to join BRICS, says Astana

bne IntelliNews October 17, 2024

Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.

Sri Lanka to apply for BRICS membership

bno - Mumbai Office October 16, 2024

Sri Lanka has decided to apply for the membership of the BRICS and the New Development Bank, the country’s Foreign Minister Vijitha Herath said on October 14

Israel could target Persian Gulf oil installations over missile attack

Newsbase MENA October 3, 2024

Israel is likely to retaliate against Iran's massive missile attack on Tel Aviv and other cities on October 1 by targeting the Islamic Republic's oil facilities, amid a dramatic escalation of tensions in the Middle East.

UAE, New Zealand finalise terms of economic partnership agreement

bne Gulf bureau September 26, 2024

The United Arab Emirates and New Zealand have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

India highlights legal reforms at BRICS justice ministers meeting

bno - Chennai Office September 20, 2024

India’s Ministry of Law and Justice participated in the BRICS Ministers of Justice meeting on 18 September 2024, with the Indian delegation led by Anju Rathi Rana, Additional Secretary in the Department of Legal Affairs

Russia's budget oil breakeven price world’s second lowest as oil revenues recover

bne IntelliNews September 13, 2024

The Institute of International Finance (IIF) has forecast a decrease in Russia’s fiscal breakeven oil price (the amount to balance the external current account) to $77 per barrel by 2025, supported by a recovery in oil and gas revenues.

AI will be a major source of GHGs by 2030, says Morgan Stanley

bne IntelliNews September 5, 2024

Energy ravenous AI data centres are set to become a major source of GHGs emissions by 2030 as the number of server farms needed to run the artificial intelligence services is set to expand exponentially over the next two and half decades.

Russia revs up to test cross-border crypto payments

Ben Aris in Berlin September 5, 2024

Russia is on the hunt to find an alternative to the dollar to settle international trade deals and on September 1 will test making cross-border payments in cryptocurrency for the first time.

Iran uses 'dark fleet' to deliver 1.8 million barrels of oil daily

Newsbase Gulf bureau September 4, 2024

An independent ship monitoring service said Iran was utilising a “dark fleet” of oil tankers to deliver nearly 1.8mn barrels of crude oil and oil products per day to its customers.

After Middle East expansion Bosnia’s IMG sets its sights on global markets

Clare Nuttall in Glasgow August 29, 2024

Banja Luka-based company is an emerging global player in the public transport advertising market.

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