November 12, 2019

Tourism, food security among high-potential areas for expanding UAE-Caribbean cooperation

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DUBAI, United Arab Emirates, Nov. 29, 2018 /PRNewswire-HISPANIC PR WIRE/ — Tourism, food security, manufacturing, logistics, and renewable energy have been identified as high-potential areas where companies in the UAE and Caribbean region can expand economic cooperation, according to new analysis from Dubai Chamber of Commerce and Industry. The findings, released on sidelines of the […]

New report highlights significance of Dubai-Caribbean trade

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By Marcus Lawrence From Business Chief Dubai’s non-oil trade with Caribbean countries reached US$273mn in 2017, according to the Emirates News Agency (WAM) The figure, released as part of an analysis by the Dubai Chamber of Commerce and Industry in advance of the inaugural UAE-Caribbean Cooperation Forum, signifies the emirate’s considerable interest in Caribbean markets. […]

Dubai to host first UAE-Caribbean cooperation forum

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From Caribbean News Now DUBAI, UAE — The United Arab Emirates (UAE) will be hosting the first UAE-Caribbean Cooperation Forum in Dubai from November 24 to 26, 2018. The forum will be the first of its kind for the region with the UAE, and the UAE is anticipating strong representation from the public and private […]

$34.5mn Confirmed in grants under UAE-Caribbean Renewable Energy Fund

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From Utilities ME In addition to the UAE-Caribbean Renewable Energy Fund, the UAE has launched the $50mn UAE-Pacific Partnership Fund, which has implemented projects in 11 Pacific island countries Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, has confirmed that the UAE is proceeding with grants totalling US$34.5 million (AED126.7 million) […]

Rich UAE expats target Caribbean for second passport

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By Pedro Goncalves From International Investment The Caribbean countries have seen a surge in demand in theirs citizenship-by-investment schemes as more high-net-worth expats from the UAE are seeking a second passport. The demand for a second passport among expatriates in the UAE has increased by 67% in the first six months of this year compared […]

The Editor Speaks: Corruption

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Is corruption everywhere? Even here in the Cayman Islands? If you are tuned in to the daily radio talk shows and listen to the promotional ads for these programmes you would answer ‘Yes’ there is corruption here. However, where is the proof? Years ago, proving corruption was difficult. In a lot of countries, where the […]

Destination of the week

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For couples, backpackers, families, and travellers, Dubai is the ultimate Middle Eastern destination BY MASHABLE BRAND X From Mashable Steeped in history and rich in culture, Dubai is the United Arab Emirates’ largest populated city and boasts an opulent vibe that encapsulates this modern Middle Eastern hub. Year-round sunshine, luxurious shopping centres, and architecture juxtaposing […]

Will an Abraaj court case help investors or cast shadows on future deals?

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From AMEinfo Troubled Abraaj Group, which is going for court-supervised liquidation following allegations regarding the misuse of investors’ money, seems to be faced with more problems with each passing day. Now threats of arrest and jail-term are looming over the head of its founder, Arif Naqvi, who is allegedly currently staying in London. But will […]

Think the Gulf’s only energy export is oil? Think again.

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By Nick Fouriezos From OZY The Middle East’s most diversified economy is making a fresh bet on the future. When Majid Al-Suwaidi landed in Aruba in 2016, the United Arab Emirates consulate general to New York may have seemed as unlikely a guest as any to the tiny Caribbean island. His home nation and Aruba […]

Leaked emails show UAE-backed lobbying effort against Tillerson

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By Mark Swanson From Newsmax A major fundraiser for President Donald Trump with potent ties to the United Arab Emirates (UAE) has been lobbying the president to fire Rex Tillerson, the BBC is reporting. Leaked emails obtained by BBC show businessman Elliott Broidy met with Trump in October lobbying for Tillerson’s dismissal over his lack […]