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Tag Archives: UAE

Mideast M&A deals decline sharply in Q1 2018

Merger & acquisition deals across the Middle East and North Africa (Mena) region declined sharply year-on-year, falling 21.8 per cent in the first quarter of 2018, according to EY’s first-quarter 2018 M&A report. Mena M&A activity saw 93 announced deals in the first quarter of 2018, compared to 119 deals …

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Stimulus package will aid in diversification

The new economic stimulus package will accelerate the local economy, further promote economic diversification and build a long-term future for its people, heads of Abu Dhabi’s top industrial firms said. “At the heart of this announcement are initiatives that will attract more innovative talent and across all economic sectors, including …

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UAE, Russia forge strategic partnership

The UAE and Russia signed on Friday a Declaration of Strategic Partnership to cooperate in various sectors such as politics, security, economy and culture, along with cooperation in the humanitarian, scientific, technological and tourist domains. The declaration was signed by His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi …

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UAE rules out dialogue with Iran

The UAE on Friday ruled out dialogue with Iran, saying interference by Tehran and Turkey is destablising the region. “It is unlikely we will have a dialogue with Iran in light of them supplying missiles to Al Houthis (in Yemen) to launch attacks on Saudi Arabia,” Dr Anwar Gargash, Minister …

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