Archive List for UAE

Qatar Airways seeks $5bn compensation from blockading quartet

Qatar Airways has launched international arbitration seeking at least $5bn from four Arab countries as compensation for blocking it from their airspace and removing it from their markets. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt have essentially banned the airline since June 2017 when they cut all ties with Qatar and imposed an air, land and sea blockade on it over accusations of supporting “terrorism”. Doha denies the charges outright and says the quartet aims to infringe on its sovereignty. Qatar Airways said in a statement on Wednesday the measures specifically targeted the carrier with the aim of closing its operations in the four countries, destroying the value […]

UAE’s Sheikh Mohamed orders stimulus plans amid the coronavirus crisis | Capital Connection

In a number of tweets coming directly from the UAE’s leadership, the Crown Prince of Abu Dhabi revealed stimulus plans and cutting red tapes for businesses and investors. _________________ Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram https://www.instagram.com/cnbcinternational/ Follow us on Twitter https://twitter.com/cnbci

Coronavirus spreads further into the Middle East | Capital Connection

More than 60 countries are now infected with the novel coronavirus. Iran continues to be a concern in the Middle East, while the UAE has closed nurseries and canceled events. CNBC’s Hadley Gamble and Dan Murphy report from Dubai. ____________________________ Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram https://www.instagram.com/cnbcinternational/ Follow us on Twitter https://twitter.com/cnbci

Qatar says talks to end GCC crisis were suspended in January

Qatar’s foreign minister said recent efforts to end the blockade against the country have not suceeded. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut all political, trade and transport ties with Qatar in 2017. The foreign minster said that talks to ease tensions ended last month. Al Jazeera’s Sara Khairat reports. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Qatar #GCCBlockade