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Tag: UAE

adminMay 25, 2021
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Business SummitEventsMuslim World

WGS 2019: UAE, Slovakia sign agreement on ICT cooperation

4min00
Dubai : Slovakia’s Deputy Prime Minister for Investments and Information Richard Raši shared prospects for cooperation between his country and the United Arab Emirates during his participation in the 7th World Government Summit (WGS). “We have signed a memorandum of understanding with the UAE during our participation in the 7th edition of the World Government […]
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adminMay 25, 2021
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Muslim World

UAE files case against Qatar over imports ban

1min00
Dubai : The United Arab Emirates (UAE) on Tuesday complained against Qatar at the World Trade Organization (WTO) due to a ban imposed by Doha on imports from Abu Dhabi. “The complaint follows a ban of the sale of consumer goods manufactured in the UAE, Saudi Arabia, Bahrain and Egypt,” said the Middle Eastern country’s […]
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adminMay 25, 2021
UAE-Saudi-Arabia.jpg
Muslim World

UAE, Saudi Arabia announce launch of common digital currency ‘Aber’

4min00
Abu Dhabi : The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) announced Tuesday the launch of a common digital currency project ‘Aber’, which will be used in financial settlements between the two countries through Blockchain and Distributed Ledger technologies. This comes under the framework of ‘Proof-of-Concept’, which can be […]
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adminMay 25, 2021
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Muslim World

State Bank of Pakistan receives $1bn from UAE

2min00
Islamabad : The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad’s current account deficit. The ADFD on January 22 agreed to provide $3 billion to Pakistan in three instalments, reports Dawn news. “The SBP […]
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adminMay 25, 2021
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Muslim World

Pakistan, UAE finalise $6.2bn support package

3min00
Islamabad : Pakistan and the United Arab Emirates (UAE) have finalised a $6.2 billion support package to help Islamabad address its balance of payments challenge, the media reported on Saturday. The package involves $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit. It is expected to be announced by […]
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adminMay 25, 2021
uae.jpg
Muslim World

‘No solution near’ to solve Qatar crisis: UAE

2min00
Dubai : About 18 months after the Arab quartet severed ties with Qatar, “there is still no solution to the spat in sight,” said UAE Minister of State for Foreign Affairs Anwar Gargash on Monday. Referring to an interview by former Qatari Prime Minister Hamad bin Jassim Al-Thani on FRANCE 24 earlier in the day, […]
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