Latest news with #MohamedbinZayedAlNahyan
Time of India
6 hours ago
- Politics
- Time of India
Israel-Iran conflict: UAE evacuates citizens and nationals from Iran amid rising tensions
The UAE evacuated citizens from Iran via Turkmenistan, providing them shelter before flying them to Abu Dhabi amid the Iran-Israel conflic/ Image: X@mofauae As the conflict between Iran and Israel enters its eighth consecutive day, the United Arab Emirates (UAE) has successfully evacuated a number of its nationals and residents from the Islamic Republic of Iran. The move comes amid escalating military strikes between the two countries that have heightened concerns over regional stability and civilian safety. The evacuation operation was carried out in coordination with the UAE Ministry of Foreign Affairs, working closely with the UAE embassies in Iran and Turkmenistan. After leaving Iran, the evacuees spent a night in Turkmenistan, where they were provided with hotel accommodation. The following day, the group was airlifted to Al Bateen Airport in Abu Dhabi, where special transport was arranged to take them safely back to their homes across the UAE. The UAE emphasized that this step was taken as part of its responsibility to ensure the safety and security of its citizens and residents abroad. It reiterated its commitment to pursuing diplomatic efforts to defuse tensions and prevent further escalation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Costco Shoppers Say This Wrinkle Cream Is "Actually Worth It" The Skincare Magazine Undo In an official statement, the UAE stressed the importance of "continuous intensive diplomatic communications and consultations with the concerned parties to end the conflict." It further emphasized that diplomacy and dialogue remain "the sole path forward" and called for a "comprehensive approach that ensures stability, justice, and prosperity for the peoples of the region." The UAE has maintained a neutral stance in the conflict and has called on all parties to exercise restraint. On Tuesday, UAE President Sheikh Mohamed bin Zayed Al Nahyan held a phone conversation with Iranian President Masoud Pezeshkian. During the call, Sheikh Mohamed expressed the UAE's "solidarity with Iran and its people" in the wake of Israeli military strikes. The discussion, as reported by UAE state media WAM, focused on the "serious implications of the escalating conflict on regional peace and security." Both leaders exchanged views on how to contain the crisis and avoid a broader regional confrontation. The conflict was triggered on June 13, when Israel launched a massive aerial assault on Iran, reportedly killing senior figures in the Iranian military. The attack marked a major escalation in long-standing tensions between the two nations. According to Israeli military sources, within the first week of the campaign, Israel had struck dozens of strategic targets. These included missile production facilities, military infrastructure in western and central Iran, and even a research institution in Tehran alleged to be involved in nuclear weapons development. In response, Iran launched a new wave of missile strikes early Friday, targeting the southern Israeli city of Beersheba. The strikes hit areas near residential apartments, office buildings, and industrial zones, raising fears of civilian casualties and further escalation. The UAE continues to closely monitor developments and has called for an urgent de-escalation of hostilities to avoid wider regional instability.
Arabian Post
13 hours ago
- Business
- Arabian Post
UAE Secures Tenth Spot in World FDI Rankings
The United Arab Emirates drew AED 167.6 billion in foreign direct investment in 2024, climbing to tenth position globally, according to the UN Conference on Trade and Development's World Investment Report 2025. This 48.7 percent surge from 2023 cements the UAE as a top-tier destination for international capital, with greenfield projects playing a central role. Foreign investors backed 1,369 new greenfield ventures worth AED 53.3 billion, placing the UAE second globally in announced projects, trailing only the United States. Remarkably, nearly 37 percent of total FDI into the Middle East went to the UAE. Sheikh Mohammed bin Rashid Al Maktoum described the achievement as 'an international vote of confidence in the UAE's economy', adding that AED 37 of every AED 100 invested in the region now enters the UAE. He attributed the growth to a unified national development agenda under President Sheikh Mohamed bin Zayed Al Nahyan, underpinned by strategic policy clarity and government cohesion. ADVERTISEMENT The UAE's cumulative FDI stock has reached AED 994.9 billion, reflecting a compound annual growth rate of 10.5 percent since 2015. This growth trajectory builds on a decade-long expansion, with inflows growing from AED 31.6 billion in 2015 to AED 167.6 billion in 2024. A diverse range of sectors attracted foreign capital. Software and IT services projects led greenfield values with 11.5 percent, followed by business services, renewable energy, oil and gas, and real estate. Energy-specific inflows to renewable initiatives reached AED 4.8 billion, helping drive a national target to triple clean-energy capacity by 2030. The Ministry of Investment, established in 2023 with Mohamed Hassan Al Suwaidi as minister, was credited with orchestrating this outcome through regulatory reforms and global outreach. Under its stewardship, clear legislation and incentives—including full foreign-ownership rights, a standard corporate tax of 9 percent, and streamlined licensing—have enhanced the investment environment. Global rankings reflect these advances: the UAE placed fifth in the 2024 Global Talent Competitiveness Index and third in the 2024 Stanford AI Index for AI talent attraction. The nation has also forged 21 Comprehensive Economic Partnership Agreements and 120 bilateral investment treaties, further easing entry for international investors. National strategy for the next decade envisions doubling cumulative FDI to AED 1.3 trillion by 2031, aligned with the National Investment Strategy 2031 which prioritises sustainable growth through sector diversification. Initiatives focus on attracting innovation and green investments while scaling existing operations. Despite a global slowdown in productive FDI—with global flows down 11 percent adjusted for conduit economies—the UAE has charted a positive 2.8 percent rise in greenfield projects, underscoring its resilience. Legal insight from White & Case points to ongoing sector-specific reforms that will deepen the FDI ecosystem, including possible relaxation of onshore investment restrictions and expansion of free zone offerings.
Sharjah 24
a day ago
- General
- Sharjah 24
Saqr Al Qasimi: Gaza central to UAE's humanitarian efforts
UAE continues to lead relief efforts Amid the suffering, UAE-led humanitarian initiatives have played a vital role. Sharjah Charity International (SCI) has been at the forefront through the 'Tarahum for Gaza' campaign and 'Gallant Knight 3' operation, both under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, affirming the country's enduring humanitarian commitment. Sharjah Charity's response In conjunction with World Refugee Day on 20 June, Sheikh Saqr bin Mohammed Al Qasimi, Chairman of the Sharjah Charity International (SCI), reiterated the religious and humanitarian duty to support Gaza. He described the organisation as a key contributor to the UAE's broader efforts to aid those affected and restore life in the region. Over 116,000 support packages delivered Sheikh Saqr stated that the charity had implemented a wide range of relief projects, delivering around 116,000 diverse aid packages. These included over 32,000 food parcels distributed to displaced families and 10,000 blankets and heavy garments to help residents survive winter without heating. Supporting children amid crisis The charity also addressed children's urgent needs by supplying 1,728 packs of baby formula, a product absent from local markets. Additionally, the charity distributed 3,000 fully stocked school bags to children returning to education under challenging circumstances. Water relief and infrastructure support The charity tackled water shortages by operating water tankers and restoring damaged wells. Recently, it launched a fundraising drive to dig 12 new wells, expected to benefit more than 312,000 people across Gaza. Food security through field kitchens and bakeries Efforts to ensure food security included running 20 field kitchens serving daily meals to approximately 45,000 people and operating 10 bakeries producing bread for nearly 9,500 beneficiaries, addressing the acute bread shortage. UAE's global humanitarian vision Sheikh Saqr affirmed that these efforts reflect the UAE's broader commitment to immediate relief and long-term support in crisis zones. He noted continued coordination with the Ministry of Foreign Affairs and international partners to expand operations and meet urgent needs. Call to sustain solidarity with Gaza He urged ongoing support for Gaza-related initiatives, emphasising that the aid carries not just material relief but also messages of hope and solidarity from the UAE's people. The 'Tarahum for Gaza' campaign and the 'Gallant Knight 3' operation stand as enduring symbols of meaningful humanitarian action.
Daily Tribune
a day ago
- Politics
- Daily Tribune
Gulf nations lead urgent diplomatic push to prevent wider conflict
TDT | agencies As tensions escalate between Iran and Israel, Gulf nations are stepping up as voices of reason and diplomacy, launching high-level initiatives to contain the violence and avert a wider regional war. Saudi Crown Prince Mohammed bin Salman and UAE President Sheikh Mohamed bin Zayed Al Nahyan have held direct talks with Iran's newly elected President Masoud Pezeshkian, signalling the Gulf's proactive role in seeking a peaceful resolution. The Emirati president also discussed the situation with Russian President Vladimir Putin, who expressed support for mediation efforts. Underscoring the UAE's commitment, Foreign Minister S h e i k h Abdullah bin Zayed Al Nahyan confirmed that the president has been 'conducting intensive diplomatic calls' aimed at de-escalating the conflict and preventing its spillover. In a firm yet balanced message, Sheikh Abdullah urged all parties to avoid 'reckless and miscalculated actions,' warning of broader consequences if tensions go unchecked. Oman, a longstanding regional mediator, has also activated its diplomatic channels, while Qatar continues to engage key international stakeholders. Doha, known for its mediation in the Israel-Hamas conflict and previous negotiations with Tehran, is in regular contact with the United States to support de-escalation. Prominent Gulf leaders have voiced their concern about the potential fallout of a prolonged war. Former Qatari Prime Minister Hamad bin Jassim Al Thani stressed that regional stability is vital, warning that the Gulf would be among the first affected by any collapse in Iran. A B-2 Stealth Bomber pulls up on the runway after landing at the Palmdale Aircraft Integration Center of Excellence in Palmdale, California on July 17, 2014, where the US Air Force and manufacturer of the B-2, Northrop Grumman, celebrated the 25th anniversary of the B-2 Stealth Bomber's first flight.
What's On
a day ago
- Business
- What's On
Abu Dhabi is getting a luxurious new Bvlgari Resort & Mansions
We have plenty of hotels that are currently in the construction phase in Abu Dhabi, and we've just received word that a new agreement has been signed to open a Bvlgari Resort & Mansions in Abu Dhabi. The new upcoming megaproject, which bears the name of the popular Italian luxury brand, will be nestled on a private island, characterised by its horseshoe shape. It is scheduled to open in 2030. Here's what we know about the Bvlgari Resort & Mansions 3 of 12 The resort will boast 60 elegantly designed rooms and suites (including two Bvlgari Suites and a Bvlgari Penthouse) plus 30 villas, each with a private pool, offering views of the sea or the skyline. The island will also be home to 90 exceptional mansions of different sizes and with unique characteristics. Its design will seamlessly be a blend of Italian elegance and Arabian heritage. Guests who check in will get breathtaking views of the blue sea and the orange sunset on one side, while the other side boasts views of the stunning Qasr Al Watan and city skyline. Remember, sustainability is still very important to the UAE. So important that UAE President HH Sheikh Mohamed bin Zayed Al Nahyan declared 2023 and 2024 (that's two years in a row) to be the 'Year of Sustainability.' In keeping with this very important theme, the construction and design of the project will be compliant with the best sustainability practices. The vision? It's shaped by Abu Dhabi's rich cultural tapestry and will embody a symbolic metaphor of glass and gold emerging from the sand, bringing together the theme of luxury and Emirati heritage. Across the island as well, design elements will bring together dunes and gardens in harmony, further reflecting this theme. It will transition seamlessly from varied geometries to soft natural forms, echoing both Italian artistry and Arabian tradition. To get to the luxurious property, a bridge will be built, or you can also reach it by sea. During your stay, you can soak in the indulgence of the room and resort, or you will be able to partake in a number of marine activities and water sports. The activities will also allow guests to explore some of the region's most pristine beaches and islands. It will also be home to a range of luxury facilities for wellness and recreation, including an exquisite, purpose-built Bvlgari Spa, spanning across 2,000 square meters. For those seeking relaxation, a number of world-class and state-of-the-art wellness amenities will be available here. The spa will also feature a 25-meter-long lap pool, a large fitness center, and an outdoor deck with mesmerising views of the sea. The resort will also be a base for a state-of-the-art Yacht Club with its own private beach, exclusive membership program, and a 40-berth marina. On the dining front, some of the signature restaurants announced include Il Ristorante – Niko Romito serving contemporary Italian cuisine, an intimate and exclusive Japanese dining concept Hōseki, a refined Turkish restaurant – La Spiaggia, and Bvlgari Bar. For quick bites, there's Bvlgari's signature Il Caffè and casual Italian restaurant – Bvlgari Dolci boutique, which will offer Italian pastries. For shoppers, a concept store called La Galleria will showcase a wide selection of items from hand-picked local and international designers. Speaking on the project, Jean-Christophe Babin, CEO of Bvlgari stated, 'This project is a tribute to Abu Dhabi's unique cultural identity, blending timeless sophistication with modern luxury.' We can't wait to check in! Images: Supplied > Sign up for FREE to get exclusive updates that you are interested in
