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Biden team takes a major step in offering to start talks with Iran as Tehran’s sanctions deadline approaches

Biden team takes a major step in offering to start talks with Iran as Tehran’s sanctions deadline approaches
U.S. President Joe Biden speaks after news24nationing an executive order related to American manufacturing in the South Court Auditorium of the White House complex on January 25, 2021 in Washington, DC. Drew Angerer | Getty Images DUBAI, United Arab Emirates — Iran and the U.S. are...

Dubai’s property market will remain weak for the next two years, says UAE developer Damac

Dubai's property market will remain weak for the next two years, says UAE developer Damac
The real estate market in Dubai is likely to remain subdued for the next two years as the city recovers from the Covid crisis, according to a major Emirati property developer. "I see, still, a soft market for ," said Hussain Sajwani, chairman of Damac Properties. That...

Sri Lanka is now open to travelers — no quarantine, but no mingling with locals too

To quarantine or not to quarantine — that is the question. Or at least it has been for countries deliberating how to handle incoming international travelers. But that changed last month when Sri Lanka reopened its borders with a requirement unlike any country that had opened...

‘Dramatic and risky’ — and a shot at Dubai? Saudi Arabia issues bold business ultimatum to pull regional HQ offices into the kingdom

‘Dramatic and risky’ — and a shot at Dubai? Saudi Arabia issues bold business ultimatum to pull regional HQ offices into the kingdom
Skyline of Riyadh in Saudi Arabia. Simon Dawson | Bloomberg | Getty Images DUBAI, United Arab Emirates — Saudi Arabia, in a bold and unexpected move, announced late Monday that by 2024 its government would cease doing business with any international companies whose regional headquarters were...

United Arab Emirates becomes the first Arab country to reach Mars

United Arab Emirates becomes the first Arab country to reach Mars
An Emirati walks past a screen displaying the "Hope" Mars probe at the Mohammed Bin Rashid Space Centre in Dubai on July 19, 2020. GIUSEPPE CACACE | AFP via Getty Images DUBAI, United Arab Emirates — The United Arab Emirates has made history as the first...

Is Dubai’s party over? Record Covid cases, countries raising barriers spark fears of new lockdown

Fireworks emanate from the Burj Khalifah tower in Dubai during the Dec. 31, 2020 New Year's Eve celebrations, which attracted thousands of tourists and saw relaxed restrictions on social gatherings, allowing up to 30 people to gather per household. AFP via Getty Images DUBAI, United...

Qatar Financial Centre wants to attract $25 billion of foreign investments by 2022 as Gulf rift ends

Qatar Financial Centre wants to attract $25 billion of foreign investments by 2022 as Gulf rift ends
Qatar Financial Centre is seeking to attract $25 billion of foreign direct investment inflows by 2022, its CEO Yousuf Al-Jaida told CNBC in an exclusive interview on Wednesday. It comes a week after Saudi Arabia reinstated diplomatic ties with neighboring Qatar, ending more than three...

Rohit Sharma and Mumbai’s fifth IPL title: Making winning a habit

Rohit Sharma and Mumbai's fifth IPL title: Making winning a habit
Long before the 2020 Indian Premier League (IPL) season got underway in the United Arab Emirates on September 19, the Mumbai Indians franchise had made winning a habit. Hence, the pressure was always going to be on the defending champion to play to its...

How Rohit Sharma’s Mumbai Indians won a record fifth IPL title

How Rohit Sharma's Mumbai Indians won a record fifth IPL title
When a player takes a bullet for his captain, you know the team will settle for nothing but a win. In the final of the Indian Premier League (IPL) 2020 against Delhi Capitals, Mumbai Indians batsman Suryakumar Yadav strolled out of his crease to...