Results for Category: United Arab Emirates

68 results found.
The UAE Abandons Palestinians by Striking Deal with Israel

The UAE, for one, made peace with Israel partly to acquire the advanced F-35 jets, which the U.S has long denied the Emirates in order to preserve Israel’s significant military advantage in the region. Netanyahu, who allegedly agreed to allow the UAE to acquire F-35s, denied that concession days after the peace deal was announced, prompting the UAE to cancel a trilateral meeting between U.S and Israeli officials on August 24.

Yousef al-Otaiba: the UAE’s Jack of All Trades

Aside from embezzlement and corruption, al-Otaiba was implicated in even more serious scandals. The Huffington Post, which was provided with another batch of the leaked emails, broke the story of al-Otaiba supporting a major effort to raise doubts about Qatar in the minds of Americans since 2014, a mission in which he has been largely unsuccessful despite the row between the Gulf state and several other countries, including the UAE, over its alleged support of terrorism that erupted in May 2017.

Sheikh Mohammed bin Zayed al-Nahyan, the UAE’s Master Influencer

Bin Zayed grew up witnessing the rapid transformation of the UAE from huts to Hilton hotels and skyscrapers. Along the way, his father, Sheikh Zayed bin Sultan, elder brother Khalifa and he learned two valuable lessons: the UAE cannot survive without outside protection and they need to remain strategically significant to keep mainly their Western allies interested and on board. Moreover, the country’s geographical location puts it between two regional powers that historically have shown an interest in controlling it.

Economy of the UAE

The UAE used its oil revenues (discovered in the early 1960s) and a growing network of commercial and financial ties to attract global investment, skilled expatriate professionals, and migrant workers to achieve phenomenal economic development in a record short time.

The UAE’s Withdrawal From Yemen is Strategic in Every Way

While the decision of the UAE to reduce its troops presence in Yemen is a notable turn in the four-year conflict, the UAE still plays a key role within it via its proxies and through counter-terrorism efforts. It has also carved itself a new strategic security role in the region and its reduced military footprint in Yemen could serve to mitigate reputational damage from participating in the war.

UAE takes Bold Steps to attract Foreign Investment

The first major move to attract FDI was made on May 20, 2018, when the UAE Council of Ministers granted foreigners the right to own 100 percent of their companies. Foreign investors and professionals with expertise in certain fields were also made eligible for a 10-year residence permit.