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UAE-UK Sheikh Abdullah bin Zayed Al Nahyan and James Cleverly meet for the Strategic Dialogue between the UAE and UK. Image Credit: MOFAIC

UAE-UK inaugural strategic dialogue: key takeaways

The strategic dialogue builds on the 2021 bilateral meet during which the two countries agreed to establish a partnership for the future

Silicon Valley Bank UK

HSBC acquires Silicon Valley Bank UK for less than Dhs5

The assets and liabilities of the parent companies of SVB UK are excluded from the transaction

Nomo

Digital Islamic bank Nomo launches multi-currency accounts

First available in Kuwait, the multi-currency accounts will soon roll-out in phases to customers across the GCC

Sturgeon

Scotland’s Sturgeon to resign as first minister

It’s unclear when she plans to leave office

Dubai Investments acquires 9% stake in UK-based digital bank

Dubai Investments acquires 9% stake in UK-based digital bank

Monument Bank is focused on the overlooked ‘mass affluent’ segment in the UK

Risk Sunak appointed UK’s Prime Minister; world leaders welcome new premier

Sunak takes the reins after Liz Truss resigned last week

UAE's Masdar acquires UK-based Arlington Energy to expand footprint

UAE’s Masdar acquires UK-based Arlington Energy to expand footprint

The acquisition will support Masdar’s offshore wind and renewables investment strategy

Rishi Sunak becomes new Prime Minister of United Kingdom

Rishi Sunak becomes UK’s first British Asian Prime Minister

He replaces Liz Truss, who resigned last week after serving just 45 days in office

King Charles III

UAE President congratulates King Charles III on accession to UK throne

King Charles III was formally confirmed as the new British monarch on September 10

UAE mourning

UAE declares three-day mourning over demise of Queen Elizabeth II

Britain’s longest serving monarch passed away on September 8, at the age of 96

King Charles III: Taking on the new role as the face of a nation changes

Here’s a guide to the early days of King Charles III’s reign are expected to play out

UAE, world leaders offer tributes to Queen Elizabeth II

Britain’s longest reigning monarch passed away on September 8, at age 96

Queen Elizabeth II

In the Queen’s words…

These memorable quotes from Queen Elizabeth II throughout her seven decades on the throne will continue to remind us of her incredible legacy, wisdom and compassion

Britain’s longest reigning monarch, Queen Elizabeth II, passes away

In June this year, Queen Elizabeth became the first monarch in British history to celebrate a Platinum Jubilee

Liz Truss elected as UK’s new Prime Minister

In September of last year, Truss was appointed secretary of state for foreign, commonwealth and development affairs

free trade agreement

UK-GCC free trade agreement: What’s on offer?

Increased trade and investment can unlock further growth in the UK and the GCC, and an ambitious free trade agreement is imperative

Boris Johnson resigns as UK Prime Minister

Johnson, who resigned as leader of the Conservative Party, said that he will serve as PM until a new leader is in place

Boris Johnson

Johnson to resign as UK PM, will stay as caretaker until October

Johnson will also make a statement to the country on Thursday

Visa

UAE citizens will not require visas to visit UK from 2023

The directive has been extended to other GCC countries as well

Queen Elizabeth II celebrates 70 years as British Monarch

Her Majesty has becomes the first monarch in British history to celebrate a Platinum Jubilee

ADNOC

Abu Dhabi’s ADNOC, Masdar deepen partnership with BP

ADNOC, BP and Masdar also agreed to explore the production of sustainable aviation fuels in the UAE

Etihad Rail MoUs

UAE’s Etihad Rail signs MoUs with international railway operators to exchange knowledge, expertise

The MoUs were signed to exchange knowledge, expertise, and best practices in freight and passenger rail services and operations

Getty Images - Sophos acquisition

Sophos acquires UK-based Soc.Os to advance MTR, XDR capabilities

The deal expands Sophos’ adaptive cybersecurity ecosystem to include telemetry from third-party security and IT solutions

Dubai’s dnata inaugurates new cargo centre at London Heathrow airport

In 2021, dnata handled in excess of 500,000 tonnes of cargo in London

Tourism airport

Special report: The power of the GCC as a source market for global tourism

The size and monetary value of the outbound GCC tourism market were never in question – but what are its challenges, opportunities and key growth drivers in the foreseeable future?

VisitBritain launches GBP10m global tourism campaign in Dubai

The campaign aims to drive inbound tourism, as Britain gears up for a year of landmark events

UK inflation at new 40-year high worsens living standards crisis

UK, GCC may sign post-Brexit trade deal this year, Bahrain says

Negotiations between the GCC and the UK have begun

Manchester City announces global partnership with Abu Dhabi’s Masdar

Masdar is focused on developing renewable energy projects across the Middle East and North Africa and broader international markets

GCC-UK strategic partnership to create jobs and drive economic growth in the Middle East

The GCC and UK already cooperate in many areas including security, foreign policy, trade and investment

UK inflation at new 40-year high worsens living standards crisis

UK starts trade deal process with Saudi Arabia, Gulf

British trade with the GCC was worth about $61bn in 2019