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Edge’s radar venture will target non-Nato customers, in a similar arrangement to a recent agreement between Edge and Italian shipbuilder Fincantieri to manufacture frigates in Abu Dhabi

Sheikh Mansour Ibrahim Ahmed Hamad Al-Mualla has been appointed as executive director of the emirate’s Ports, Customs and Free Zone Corporation

As predicted for some months, the UAE has been removed from the list of jurisdictions under increased monitoring maintained by the Financial Action Task Force, even though some claim little has really changed.

The UAE has set its sights on carving out a leading international role in artificial intelligence, with national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan and Abu Dhabi Crown Prince Khaled Bin Mohammed vying for national AI leadership – but the pursuit of the powerful technology is also causing friction with the US

Luxembourg-based real estate fund Meigerhorn II Etoy has filed a winding-up petition in the Cayman Islands against GEMS Global Schools, part of Dubai’s GEMS Education, over unpaid rent at a now-closed Swiss school.

The Abu Dhabi government’s ADQ wealth fund and Tahnoun Bin Zayed’s International Holding Company have sold key real estate assets to Q Holding, in return for shares in the listed real estate group, in a complex deal that further signals the increasing co-operation between Abu Dhabi’s many state and privately-owned funds.

A new Emirati/Italian joint venture, which aims to build and sell large warships to non-Nato countries around the world, claims to have a pipeline of $32bn of orders at launch – and could expand into mid-sized submarines in the future.

Hassan Al-Shehi has presented his credentials, to become the first UAE ambassador in Damascus since 2011, adding further to a bilateral relationship that seemed broken when Abu Dhabi supported opposition groups in the Syrian civil war’s early years.

Abu Dhabi National Oil Company is setting up a joint venture with BP focused on natural gas exploration and production in Egypt.

Alpha Dhabi reported a 25% rise in profits in 2023, alongside a 14% increase in revenues, as the investment firm owned by UAE national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan’s International Holding Company announced multi-billion-dinar joint venture deals with Adnoc Drilling and Mubadala.

A trade deal between the UAE and Cambodia came into force in early February, just weeks after negotiations were finalised for a Comprehensive Economic Partnership Agreement with Costa Rica, as more of Abu Dhabi’s preferred Cepa deals are unrolled.

Four Emirati soldiers and one Bahraini officer were killed in an attack on a military base in Mogadishu on 10 February. They had been training the Somali Armed Forces.

None of the Gulf’s emerging ´middle powers’ have issued a detailed policy document setting out their approach to projecting soft power, even as they continue to spend extravagantly while drawing in investment and talent. Autocracies have no real need to orchestrate the sort of public debate that might follow, even if they regularly sound out local opinion via traditional diwans or more modern polling techniques — not to mention ever more pervasive surveillance of their citizens and others’ communications.

International Holding Company reported an 18% year-on-year rise in revenues to $16bn for 2023, but profits were flat at the increasingly high-profile conglomerate chaired by UAE national security adviser Sheikh Tahnoun Bin Zayed Al-Nahyan.

Khalid Al-Shamlan takes over the real estate and infrastructure file at the Abu Dhabi government’s investment fund.