Special to WorldTribune.com Bahrain and Sudan on Jan. 4 followed Saudi Arabia’s lead in cutting diplomatic ties with Iran. United Arab Emirates said it would also downgrade its ties to Teheran. The escalating tensions between Saudi and Iran came after Riyadh’s execution of a Shi’ite Muslim cleric. Iranian protesters stormed the Saudi embassy in Teheran […]
Special to WorldTribune.com Business interests from UAE, Turkey and Lebanon could benefit greatly as Iran’s economy crawls out from under the heavy burden of international sanctions following the nuclear deal with Western powers. “Lebanon and the UAE would benefit from the economic rebound in Iran. Given Lebanon’s financial skills and regional ties, it could play […]
Special to WorldTribune.com WASHINGTON — The United States, after withholding military aid for more than a year, has granted a reprieve to Egypt. Congress has passed a spending bill that revises U.S. civilian and military assistance to Egypt. Under the omnibus spending package for fiscal 2015, the House and Senate allowed the administration of President […]
Special to WorldTribune.com CAIRO — Egypt and the United Arab Emirates have been accused of launching air strikes on Islamist militias in Libya. Anti-government militias operating in Tripoli said they have come under attack from aircraft sent by Egypt and the UAE. They said the two Arab states, both of which operate the U.S.-origin F-16 […]
Special to WorldTribune.com CAIRO — Egypt and Russia have concluded an agreement for a $2 billion weapons deal. Officials said Cairo and the Kremlin concluded three months of negotiations for the sale of Russian helicopters and air defense systems to Egypt. They said the talks focused on financial issues, including repayment terms. “All of the […]
Special to WorldTribune.com WASHINGTON — The United States, ending its government shutdown, has resumed arms sales to the Middle East. The administration of President Barack Obama has approved billions of dollars worth of weapons and munitions to Saudi Arabia and the United Arab Emirates. The Defense Department notified Congress that the two Gulf Cooperation Council […]
Special to WorldTribune.com WASHINGTON — The administration of President Barack Obama has approved the sale of at least $10 billion worth of weapons to the Middle East. Officials said the administration briefed Congress on the sale of fighter-jets, missiles, radars and other major military platforms to U.S. allies in the Middle East. They identified the […]
Special to WorldTribune.com ABU DHABI — The United Arab Emirates has teamed with a U.S. defense major to introduce unmanned military platforms to the Persian Gulf states. The UAE’s Abu Dhabi Autonomous Systems Investments has signed an agreement with Boeing for the supply of unmanned aerial vehicles to the six Gulf Cooperation Council militaries. Under […]
Special to WorldTribune.com ABU DHABI — South Korea and the United Arab Emirates have reached a major energy cooperation accord. Officials said South Korea’s state-run Korea National Oil Corp. and GS Energy have been selected to develop three crude oil fields in the UAE. They said the two South Korean companies would team with the […]