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EU, UAE and PPF

EU clears deal by UAE's e& for PPF in first foreign subsidy probe

The EU Commission on Tuesday said it approved UAE telecoms group e&'s EAND.AD bid for parts of Czech telecoms company PPF under certain conditions, as it concluded its first probe under new bloc-wide regulation aimed at reigning in unfair competition from overseas.

Barron's · 1h

UAE Telecoms Operator Bends To EU Foreign Subsidy Rules

The European Commission gave the green light Tuesday for an Emirati group to acquire the assets of a Czech telecom operator -- after it agreed not to use foreign subsidies to distort competition in the EU.

Hosted on MSN · 3h

EU clears way for UAE's e& to acquire telecom assets of Czech group PPF

The European Commission has approved a bid by e& to purchase the telecom assets of Czech investment group PPF, clearing the way for the Abu Dhabi-based technology company to expand in Europe. The decision is the first reached by the EU under new rules aimed at protecting companies in the bloc from unfair overseas competition.

US designates UAE

Reuters on MSN · 15h

Biden designates UAE as a second major defense partner after India

President Joe Biden recognized the United Arab Emirates as a major defense partner of the United States on Monday after talks with its president on topics that included the war in Gaza and growing Middle East instability.

Hosted on MSN · 18h

Biden holds White House meeting with Emirati president, first UAE leader to visit U.S in decades

United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan met with President Joe Biden on Monday at the White House for the first visit by an Emirati leader to the United States since the UAE's founding in 1971.

Al Jazeera on MSN · 16h

Biden administration designates UAE ‘major defence partner’ in rare move

US-UAE boost military cooperation as Middle East tensions over war in Gaza surge and despite friction over Sudan war.

TSMC, Samsung discuss building chip factories in UAE

Reuters · 1d

TSMC, Samsung consider building chip factories in UAE, WSJ reports

Two of the world's largest chipmakers, TSMC and Samsung Electronics , have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion,

Investopedia on MSN · 1d

TSMC, Samsung Reportedly Mulling UAE Chip Megafactories

KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. and Samsung Electronics reportedly have been considering building large new factories in the United Arab Emirates.According to The Wall Street Journal,

CNBC on MSN · 1d

TSMC and Samsung in talks with UAE to build chip megafactories

Discussions are still in the early stages, reported the WSJ, and any deal could be bogged down by technical challenges.

Emirates2479m

UAE President reviews strategic relations in meetings with US officials Antony Blinken and Jake Sullivan

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with US Secretary of State Antony Blinken and National ...

JD Supra20m

Muslim and Non-Muslim Divorce Procedure Under the UAE Law

Divorce is a significant aspect of family law in the UAE, governing both Muslims and non-Muslims. Previously, Federal Law No.

Arabian Business53m

Abu Dhabi’s $27.2m research fund invests in quinoa farms to boost UAE food security

Supported by ADQ’s AED100m ($27.2m) research and development fund, as part of the ADQ Growth Lab, the Quinoa Value Chain ...

Emirates2479m

UAE President, US Vice President explore ways to enhance strategic relations

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and US Vice President Kamala Harris met today at the White ...

UAE Seeks Closer AI, Tech Ties in Biden Talks as China Interest Stirs US Concern

DUBAI (Reuters) - President Joe Biden will host the United Arab Emirates president on Monday for a visit set to include White ...

Zawya49m

AI71 Awards top prize in global Falcon Hackathon to the UAE's Sirocco Ventures

Winning project, a high-performance, low-code chatbot builder, received $10,000 in cash and compute power to enable further ...

Crude Oil Prices5h

UAE Renewable Energy Giant to Buy $1.4-Billion Firm From Brookfield

Masdar, a UAE renewable energy giant, is acquiring Saeta Yield from Brookfield for $1.4 billion, boosting its presence in the ...

Techopedia6h

UAE and US Leaders Discuss AI Cooperation

The UAE leader met President Biden in Washington on September 23 to discuss AI cooperation and announced principles ahead of ...

Arabian Business3h

UAE seizes $639m of assets for money-laundering violations

In 2023, the UAE imposed fines exceeding AED254m ($69m) related to money laundering and seized assets valued at more than ...

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