Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum has set up the Dubai Investment Fund, chaired by deputy ruler Sheikh Maktoum Bin Mohammed Al-Maktoum, to hold the emirate government’s stakes in operators including utility Dewa and road toll operator Salik. DIF will take its place alongside other Dubai Inc entities including Investment Corporation of Dubai, Dubai Holding and Dubai World.
Abu Dhabi Crown Prince Sheikh Khaled Bin Mohammed Bin Zayed Al-Nahyan approved a package of AED7.6bn ($2bn) worth of housing loans and other benefits for UAE nationals in the emirate in late November.
UAE state-owned defence conglomerate Edge Group has been showcasing its drones, guided munitions, electronic warfare products and other wares at the Expodefensa 2023 trade fair in Bogota, Colombia, held from 5-7 December.
Vice President Sheikh Mansour Bin Zayed Al-Nahyan launched the Bani Yas corvette on 29 November at the Mina Zayed naval base in Abu Dhabi.
Profile of Sharjah's Bodour Bint Sultan
Former senior official who left government to focus on business interests.
Profile of Emir Sultan Bin Mohammed al-Qasimi
The UAE’s first female minster.
Briefly overthrew Sultan in 1987 and went into exile.
Profile of Sharjah deputy ruler Abdullah Bin Salem Al-Qasimi
Profile of Sharjah's Hoor Bint Sultan.
Profile of Sharjah deputy ruler Sultan Bin Ahmed Al-Qasimi.
Profile of crown prince Sultan Bin Mohammed Al-Qasimi
The prospect of the UAE vice president gaining control of the influential right-wing newspaper is causing concern among many in the UK’s ruling Conservative Party – and may yet be thwarted by an official investigation. But the prospective deal highlights how Mansour Bin Zayed Al-Nahyan is steadily expanding his international media portfolio, increasing Abu Dhabi’s soft power in the process.
Russian President Vladimir Putin made an unexpected visit to the UAE and Saudi Arabia on 6 December – a rare foreign excursion for a leader who has tended to stay close to home since launching the invasion of Ukraine in February 2022. Notably, neither Gulf country is a signatory to the International Criminal Court, which in March issued an arrest warrant for Putin over Russian war crimes in Ukraine.
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