Latest Mohammed bin Rashid Al Maktoum News

Sanctioned Russian oligarch yacht in Dubai as pressure grows

Jun. 23, 2022 10:21 AM EDT

DUBAI, United Arab Emirates (AP) — A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven for Russian money amid Moscow's war on Ukraine. ...

Turkey, Saudi hail 'new era of cooperation' as prince visits

Jun. 22, 2022 15:15 PM EDT

ANKARA, Turkey (AP) — Turkey and Saudi Arabia on Wednesday declared their determination to start a “new era of cooperation” during a visit by Saudi Crown Prince Mohammed bin Salman, as they set aside years of acrimony following the brutal slaying of a Saudi columnist. The...

Emirati officials announce new plans for world's fair site

Jun. 20, 2022 14:57 PM EDT

DUBAI, United Arab Emirates (AP) — Emirati officials Monday revealed plans to repurpose the Expo 2020 site in Dubai that received millions of visitors between October and March. At a press conference at the site's exhibition center, officials announced the property would be...

Saudi crown prince to meet Turkey's president in Ankara

Jun. 17, 2022 11:32 AM EDT

ISTANBUL (AP) — Saudi Crown Prince Mohammed bin Salman plans to visit Ankara next week, Turkey's president said Friday. President Recep Tayyip Erdogan confirmed the official visit would take place Wednesday. Erdogan said he and the crown prince would discuss advancing...

Israeli PM Bennett in snap UAE visit amid standoff with Iran

Jun. 09, 2022 10:14 AM EDT

TEL AVIV, Israel (AP) — Israeli Prime Minister Naftali Bennett made a surprise visit to the United Arab Emirates on Thursday, with the snap trip coming as efforts to salvage a deal over Iran's nuclear program are stalled in a deepening standoff with Tehran. The visit was Bennett's...

Major Dubai free zone operator becomes latest to offer IPO

Jun. 09, 2022 05:27 AM EDT

DUBAI, United Arab Emirates (AP) — A major free zone operator in Dubai owned by the sheikhdom's ruler said Thursday it would make an initial public offering on the local stock market, the latest state asset to list in an effort to boost the city-state's bourse. The TECOM Group,...

Taliban say deal signed with UAE firm to manage airports

May. 24, 2022 14:18 PM EDT

ISLAMABAD (AP) — The Taliban announced a deal Tuesday allowing an Emirati company to manage three airports in Afghanistan after the fall of the country's U.S.-backed government. However, the United Arab Emirates did not immediately acknowledge the deal. Under the deal, the Abu...

Prosecutors detail charges against Trump's inaugural chair

May. 19, 2022 16:59 PM EDT

NEW YORK (AP) — Federal prosecutors have spelled out more details of the allegations against the chair of former President Donald Trump’s inaugural committee, who’s accused of secretly working as an agent for the United Arab Emirates to influence Trump’s foreign policy. The...

Egypt: Mubarak son says family clear of corruption charges

May. 18, 2022 07:16 AM EDT

CAIRO (AP) — The son of Egypt's former president said Tuesday that he and family members were innocent of corruption charges made in international courts after the country’s 2011 popular uprising, after courts last month in Switzerland and the European Union ruled in the family's favor. ...

Analysis: Condolence calls from elite show UAE ruler's power

May. 18, 2022 02:11 AM EDT

DUBAI, United Arab Emirates (AP) — Coming from around the globe, airplanes carrying world leaders have landed in the capital of the United Arab Emirates to offer condolences for the death of the country's president — and acknowledge the influence of the man now fully in charge. ...