UAE

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with a delegation from UAE-based AMEA Power to review progress on renewable energy and battery storage projects with a combined capacity of 1,500 MW.

May 03, 2026 Iniulat ng AI

Delta Capital for Urban Development has signed a strategic partnership with Emirates Global Investment (EGRI) for mixed-use projects in Egypt worth an estimated $500m. The deal covers about 500 feddans in strategic locations. Construction is scheduled to start in 2027.

The ongoing conflict in Iran has interrupted Russia's supply chains for luxury goods, including cars, iPhones, and jewelry, primarily routed through the United Arab Emirates. Closures in the Strait of Hormuz and air traffic disruptions threaten shortages if the situation persists beyond a month. Importers warn of stranded vehicles and delayed deliveries amid existing Western sanctions.

March 02, 2026 Iniulat ng AI

As limited flights resumed from UAE hubs on March 2, 2026, amid ongoing US-Israel strikes on Iran and regional retaliation, airlines like Etihad and Emirates offered partial relief to stranded passengers. However, thousands of cancellations persist across Gulf airports, with full recovery uncertain as the conflict shows no signs of abating.

The Kenya National Chamber of Commerce and Industry (KNCCI) has opened a new representative office in Dubai to strengthen trade with Middle Eastern countries, especially for agricultural products like avocados. The initiative aims to reduce fraud and payment delays that cause significant losses for Kenyan traders.

February 02, 2026 Iniulat ng AI

A $500 million investment by a UAE royal family member into a Trump family cryptocurrency company has sparked accusations of corruption and conflicts of interest. The deal, finalized days before Donald Trump's January 2025 inauguration, involved World Liberty Financial and has drawn scrutiny from ethics experts. Critics question whether subsequent US policy decisions favoring the UAE, such as allowing Nvidia AI chip imports, were influenced by the investment.