Global Slick

  Dubai’s visionary Crown Prince, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, who also serves as the Deputy Prime Minister and Minister of Defence, recently visited the Reserve Forces Command in Abu Dhabi. The visit underscored the UAE’s unwavering commitment to bolstering its national defence capabilities and ensuring the highest standards of military preparedness. During his tour, Sheikh Hamdan closely reviewed the operational readiness and strategic capabilities of the Reserve Forces. He commended the personnel for their exceptional dedication and contributions to the security and stability of the nation. His Highness was briefed on the latest training methodologies and technological advancements integrated into the force, reflecting the UAE’s forward-thinking approach in the defence sector. The visit also served as an opportunity to appreciate the achievements of the Reserve Forces in reinforcing the nation’s defence framework. Their unwavering commitment plays a cruci...

The UAE Fuel Price Committee has officially announced the fuel prices for April 2025, setting diesel at AED 2.63 per liter and Super 98 petrol at AED 2.57 per liter. While these prices reflect the global market trends, they bring up important questions about their impact on consumers, businesses, and the overall economy. A Positive Development for Consumers? For everyday consumers, any decrease or stability in fuel prices is often welcomed. Lower fuel costs mean reduced transportation expenses, which can have a ripple effect on the cost of goods and services. Households that rely on personal vehicles may find some relief in their monthly budgets, particularly those who commute long distances for work or leisure. Implications for Businesses and the Economy On the business side, fuel price fluctuations directly impact operational costs. Logistics companies, taxi operators, and delivery services may benefit from stable or reduced prices, potentially leading to lower service fees for end c...

 As President Donald Trump gears up for his anticipated visit to the Gulf Cooperation Council (GCC) in May, his recent remarks about the United Arab Emirates (UAE) have sparked attention across global diplomatic and political circles. Trump, who has often emphasized the importance of maintaining strong relationships with key Middle Eastern allies, praised the UAE, stating that the country is "very important" and boasting of its "great leader." He also shared a personal anecdote, highlighting his interactions with the UAE’s leadership, mentioning a recent visit from the brother of the UAE leader, describing him as a "wonderful guy" from a "wonderful family." While these words might seem like a gesture of goodwill, they are more than just flattery; they reflect the evolving geopolitical dynamics in the Middle East and the role the UAE plays in fostering stability and promoting regional cooperation. Trump's remarks also come at a time when the ...

  In a strategic move to expand its global trade network, the UAE has officially launched Comprehensive Economic Partnership Agreements (CEPA) with Costa Rica and Mauritius, marking a new era of economic collaboration. As these agreements enter into force today, they represent a significant shift in UAE’s trade diplomacy, aiming to tap into new markets while strengthening its position as a key international trading hub. Bridging Economies with Costa Rica Costa Rica, located in Central America, offers the UAE access to a growing market with immense potential for diversification. Known for its political stability, eco-tourism, and advanced agricultural sector, Costa Rica stands to benefit from the UAE’s advanced infrastructure, technology, and investment. With a focus on sectors like renewable energy, technology, and agriculture, both nations will likely see a significant boost in trade and business ventures. This partnership is timely, considering Costa Rica's commitment to becom...

  In a spirit of unity and goodwill, the President of the United Arab Emirates (UAE), His Highness Sheikh Mohamed bin Zayed Al Nahyan, extended warm Eid Al-Fitr greetings to the Presidents of Iraq and Algeria, as well as the Prime Minister of Pakistan, marking the joyous occasion of Eid Al-Fitr, which follows the holy month of Ramadan. The exchange of heartfelt messages between the UAE's leadership and these nations underscores the deep-rooted diplomatic and cultural ties between the UAE and its neighboring countries, especially during this sacred time of celebration. Strengthening Diplomatic Bonds Eid Al-Fitr, a holiday that celebrates the end of Ramadan, holds great significance for millions of Muslims around the world. The exchange of greetings between heads of state is not only a customary act of diplomacy but also a reminder of the importance of fostering relationships built on mutual respect and shared values. Sheikh Mohamed bin Zayed’s calls to Iraqi President Abdul Latif Ra...

Get ready to indulge in a new flavor sensation, as Aldi has officially announced the release of its much-anticipated Dubai chocolate ice cream. Known for offering innovative and budget-friendly products, Aldi is about to take dessert lovers on a delicious journey with its twist on the viral Dubai-style chocolate. Mark your calendars, because this exclusive ice cream will hit stores next week! Fans of the viral chocolate trend, which has made waves with its rich, indulgent taste and unique texture, will now have a chance to try Aldi's version. This marks the supermarket's first-ever foray into the world of Dubai chocolate-inspired frozen treats, and it's creating quite the buzz. Dubai-style chocolate is renowned for its thick, velvety texture, often infused with exotic flavors like dates, saffron, and rose water, making it a luxurious treat that has captivated social media users across the globe. Aldi's ice cream promises to capture that same lavish experience while of...

In a strategic move that signals its commitment to expanding its global footprint, Weex, one of the leading crypto exchanges with a customer base of over 6 million, has officially established its headquarters in the UAE. This development is expected to have far-reaching implications, not only for the company but also for the broader cryptocurrency landscape in the Middle East and beyond. The UAE has become a hub for crypto innovation in recent years, with its forward-thinking regulations and an increasing number of initiatives to embrace blockchain technology. By setting up its headquarters in this thriving market, Weex is positioning itself at the heart of one of the world’s most crypto-friendly environments. The decision reflects the company’s recognition of the UAE's potential as a launchpad for further expansion into the global crypto market. Strategic Timing in the UAE’s Crypto Push The UAE has long been regarded as a major financial hub in the Middle East, and it is making...

 Dubai has long been synonymous with luxury, opportunity, and a tax-friendly environment, but in recent years, the emirate has seen a dramatic surge in British expatriates making it their home. The allure of high salaries, year-round sunshine, and world-class infrastructure is driving an increasing number of Brits to swap the grey skies of the UK for the glittering skyline of Dubai. As demand soars, real estate brokers are experiencing an unprecedented property boom in this United Arab Emirates hotspot. The Appeal of Dubai for British Expats Several factors contribute to Dubai’s magnetic pull for British nationals. The cost-of-living crisis in the UK, coupled with high taxation and economic uncertainty, has many looking for a fresh start in a more financially rewarding environment. Dubai’s lack of income tax is a major incentive, allowing expatriates to maximize their earnings and enjoy a higher standard of living. Moreover, the emirate boasts a superior quality of life with modern...

  The UAE continues to make significant contributions to global discussions on technology, artificial intelligence (AI), and disarmament. Recently, Omran Sharaf, a prominent Emirati engineer and a key figure in the UAE’s space program, participated in a fireside chat with the Director of the United Nations Institute for Disarmament Research (UNIDIR). The discussion was part of the AI for Societal Empowerment 2025 (AISE25) initiative, reflecting the UAE’s commitment to fostering responsible AI development and its implications for global security. UAE’s Role in AI and Disarmament The conversation between Omran Sharaf and UNIDIR’s Director revolved around the evolving role of AI in international security, particularly in disarmament efforts. As AI continues to advance, its applications in military and defense strategies have raised concerns about ethical governance and regulation. The UAE has been at the forefront of advocating for responsible AI deployment, ensuring that emerging tec...

  Last night, I had the profound honor of joining President Biden at the White House for an Iftar—a sunset meal that breaks the daily fast during the holy month of Ramadan. This moment was more than just a ceremonial gathering. It was a deeply meaningful experience that underscored the values of inclusivity, mutual respect, and the enduring power of interfaith dialogue. As we sat together—Muslims, Christians, Jews, people of many different backgrounds and beliefs—it was clear that this Iftar was not only a celebration of Ramadan, but also a reflection of what America aspires to be: a nation where diversity is not just tolerated but embraced, where dialogue is encouraged, and where communities come together around shared values of compassion, justice, and peace. In a time when division and misunderstanding can so easily take root, the President’s invitation sends a powerful message. It says that faith is not a barrier, but a bridge. That our differences, when respected, can enrich...

  XRG has successfully completed the acquisition of Galp’s 10 percent stake in the Area 4 concession of Mozambique’s Rovuma Basin, a deal that was initially announced in May 2024. This acquisition marks a significant milestone in XRG’s strategic expansion within the energy sector, reinforcing its position in one of the world’s most promising natural gas reserves. Strengthening XRG’s Presence in Mozambique The Rovuma Basin, located offshore Mozambique, is home to some of the largest natural gas discoveries in recent years. Area 4, in particular, has been a focal point for global energy companies due to its vast reserves and potential for liquefied natural gas (LNG) production. With this acquisition, XRG solidifies its commitment to developing Mozambique’s energy resources and contributing to global energy security. Implications of the Acquisition This deal not only enhances XRG’s asset portfolio but also strengthens its operational footprint in East Africa. The company now holds a g...

 In a notable diplomatic gesture, the United Arab Emirates has extended a formal invitation to Armenian President Vahagn Khachaturian to attend the Annual Investment Forum in Abu Dhabi. Delivered personally by UAE Ambassador Nariman Mohammed Sharif Al Mulla, this invitation is far more than a ceremonial exchange—it represents a deepening of ties and a strategic alignment between two nations seeking broader roles on the global stage. The Annual Investment Forum (AIM) in Abu Dhabi is more than just a showcase of economic opportunity; it’s a global platform where emerging markets meet capital, innovation, and international collaboration. For Armenia, a country that has been steadily navigating geopolitical complexities while aiming to diversify its economic partnerships, the invitation signals new possibilities. The UAE, for its part, continues to assert itself as a connector—between East and West, tradition and innovation. Inviting Armenia's head of state to such a prestigious ec...

  In a remarkable recognition of dedication and innovation in the agricultural sector, HH Sheikh Mansour bin Zayed Al Nahyan, the Vice President, Deputy Prime Minister, and Minister of the Presidential Court of the United Arab Emirates, welcomed and honored the winners of the prestigious Agricultural Excellence Award. The event, held in the capital city of Abu Dhabi, served as a testament to the UAE’s commitment to fostering agricultural development, sustainability, and food security. The award winners, comprising farmers, agribusinesses, and researchers, were acknowledged for their groundbreaking contributions to modern agriculture, technological advancements, and sustainable farming practices. A Celebration of Agricultural Innovation During the ceremony, HH Sheikh Mansour praised the awardees for their relentless efforts in advancing the agricultural sector. He emphasized the importance of innovation, smart farming techniques, and sustainability in ensuring food security and econ...

 In an era where global challenges demand bold leadership, the UAE has once again demonstrated its unwavering commitment to shaping a brighter future. The establishment of the Zayed Education Foundation, under the visionary directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, is a powerful move that underscores the nation’s forward-thinking strategy in nurturing the next generation of global leaders. More than just a new institution, the Zayed Education Foundation symbolizes a long-term investment in humanity. Rooted in the values of the UAE’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan, this initiative echoes his legacy of progress through education, tolerance, and international cooperation. In a world marked by complex geopolitical tensions, climate crises, and technological disruption, empowering young minds to develop collaborative solutions is not just admirable—it is essential. What sets this foundation apart is its global perspective. By f...

 In a world where diplomacy often walks a tightrope between pragmatism and politics, the recent phone call between UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and former U.S. President Donald Trump underscores the enduring value of strategic dialogue. While leaders come and go, the core of UAE-US relations has consistently been built on mutual interests, shared values, and a vision for stability and progress in an increasingly complex global landscape. The conversation, reportedly focused on enhancing cooperation across various sectors, is a timely reminder of the pivotal role both countries play in regional and international affairs. Whether it’s defense, energy, technology, or counterterrorism efforts, the UAE and the United States have long seen eye to eye on many critical fronts. This renewed engagement comes at a moment when global alliances are being tested. The UAE, with its forward-looking leadership and robust economic ambitions, continues to position its...

 Seamless Middle East 2025: The Future of Digital Commerce & Fintech Dubai is gearing up to host one of the most anticipated business and technology events of the year – Seamless Middle East 2025. Scheduled to take place from May 20-22, 2025, at the prestigious Dubai World Trade Centre, this event promises to be a game-changer in the realms of digital commerce, payments, fintech, retail, and identity. What to Expect at Seamless Middle East 2025? Seamless Middle East has long been a catalyst for innovation, bringing together industry leaders, startups, and entrepreneurs to explore the latest advancements in financial technology, e-commerce, and customer experience. The 2025 edition is expected to surpass all previous iterations with an expansive lineup of keynote speeches, panel discussions, live demonstrations, and networking opportunities. Key Highlights of the Event Global Thought Leaders – Expect insights from some of the world’s leading experts in fintech, e-commerce, and r...

  The Central Bank of the United Arab Emirates (CBUAE) has taken strict regulatory action by imposing financial sanctions on five banks and two insurance companies for violations related to anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. This move reflects the UAE's commitment to strengthening its financial system and ensuring compliance with international standards. Details of the Sanctions The penalties were levied after a thorough investigation into the financial institutions' compliance measures. The CBUAE found significant shortcomings in their ability to implement robust AML and CTF frameworks. These institutions failed to adequately assess and mitigate risks associated with illicit financial activities, leading to regulatory intervention. While the names of the affected banks and insurance companies have not been officially disclosed, sources indicate that the violations ranged from inadequate customer due diligence procedures to failure in...

  Abu Dhabi is set to become the epicenter of global investment and innovation as it prepares to host the 14th edition of the Annual Investment Meeting (AIM) Congress from April 7-9, 2024. With an expected attendance of over 25,000 participants from across the globe, the event promises to be a dynamic platform for fostering economic partnerships, attracting investments, and driving sustainable development. A Premier Global Investment Platform AIM Congress has evolved into one of the world’s most influential investment gatherings, bringing together government officials, policymakers, business leaders, and investors from diverse industries. The 2024 edition aims to further cement its reputation by addressing crucial topics such as digital transformation, sustainability, and economic diversification. This year’s theme, 'Adapting to a Shifting Investment Landscape: Harnessing New Opportunities for Global Economic Growth', highlights the ongoing changes in the global investment ecos...

  Washington, D.C. – In a high-profile meeting that underscores the deepening ties between the Middle East and global technology giants, His Highness Sheikh Tahnoon bin Zayed Al Nahyan met with Amazon Executive Chairman Jeff Bezos in Washington, D.C. The discussions between the two prominent figures are expected to revolve around economic cooperation, technological advancements, and investment opportunities. Strengthening Global Partnerships Sheikh Tahnoon, the UAE's National Security Advisor and a key figure in the country’s economic and strategic planning, has been instrumental in forging international collaborations that bolster the UAE’s position as a global business hub. His meeting with Jeff Bezos, one of the world’s leading entrepreneurs, signifies a growing interest in fostering technology-driven growth in the region. Amazon, a global e-commerce and cloud computing powerhouse, has been expanding its presence in the Middle East. The UAE, with its rapidly growing digital econ...

 In a rare yet significant move, the foreign ministers of China, Japan, and South Korea gathered in Tokyo to lay the groundwork for an upcoming trilateral summit. Spearheaded by Japanese official Takeshi Iwaya, the meeting was framed as a pivotal opportunity to redefine regional cooperation. But beneath the surface lies a complex mix of geopolitical motivations and strategic recalibrations. A Changing Geopolitical Landscape The backdrop of this meeting is a shifting global power dynamic. With uncertainty surrounding the United States' commitment to its traditional alliances in East Asia, the three regional powers are seeking to hedge their positions. For Japan and South Korea—long-standing U.S. allies—the urgency to stabilize and diversify diplomatic channels is evident. For China, it's an opportunity to strengthen regional ties amid mounting tensions with Washington. Takeshi Iwaya’s historical references underscore the gravity of the talks. By invoking past turning points, he ...

  As part of its unwavering commitment to fostering meaningful dialogue and intellectual discourse, the Majlis Mohamed bin Zayed recently hosted its third Ramadan session, titled ‘Coexistence in Islamic Thought.’ This insightful discussion brought together prominent scholars, thinkers, and policymakers to explore the deep-rooted principles of coexistence in Islam and their relevance in today’s world. Islam’s Enduring Message of Coexistence Islam, a faith deeply rooted in the values of peace, tolerance, and unity, has always emphasized the importance of coexistence. The session delved into how Islamic teachings promote harmonious living among people of different backgrounds, cultures, and beliefs. Scholars highlighted the Quranic verses and Hadiths that advocate for respect, dialogue, and mutual understanding, reinforcing Islam’s universal message of inclusivity and brotherhood. The UAE’s Model of Tolerance and Coexistence The UAE has long championed the ideals of tolerance and coe...

  Not without significant opposition, the Indonesian parliament passed a controversial revision of its military law on Thursday, March 20. This amendment grants greater opportunities for military officers to hold civilian positions, sparking nationwide protests and criticism from civil liberties groups. Many fear that this move threatens Indonesia’s democratic progress and could potentially revive elements of Suharto-era authoritarianism. The Controversy at Hand At the heart of the controversy is the concern that the law blurs the line between military and civilian governance. Under Indonesia’s post-Suharto reforms, strict separation between the armed forces (TNI) and civilian bureaucracy was a key principle aimed at preventing military interference in politics. The latest legal revision, however, permits more active-duty and retired officers to assume roles in ministries, state-owned enterprises, and other civilian bodies. Supporters of the bill argue that allowing military office...

  In a rapidly evolving digital era, Artificial Intelligence (AI) has emerged as the defining force shaping the future of industries, economies, and societies. As HH Sheikh Tahnoon bin Zayed Al Nahyan aptly stated, AI is not just an industry of the future; it underpins the very foundation of what is to come. AI: Beyond an Industry While AI is often perceived as a standalone sector, its true impact lies in its ability to revolutionize various fields. From healthcare to finance, transportation to security, AI is the backbone of transformation, driving efficiency, innovation, and unprecedented advancements. The integration of AI into national security, as emphasized by Sheikh Tahnoon, highlights its critical role in safeguarding nations and fostering technological supremacy. AI in Economic Growth and Innovation The UAE has positioned itself as a global leader in AI, with initiatives such as the UAE Strategy for Artificial Intelligence 2031, aiming to make AI a core component of govern...

  In a groundbreaking move towards digital sovereignty and innovation, the Abu Dhabi government has announced a strategic partnership with Microsoft and Core42 to develop an AI-powered sovereign cloud. This initiative aims to accelerate digital transformation across various sectors, reinforcing Abu Dhabi’s position as a leader in technology and innovation. A Vision for Digital Sovereignty The collaboration between Abu Dhabi, Microsoft, and Core42 is designed to establish a highly secure and scalable cloud infrastructure. The sovereign cloud will empower governmental and private institutions by ensuring data residency, security, and compliance with regional regulations. This will be a game-changer for businesses and governmental entities looking to leverage artificial intelligence while maintaining control over their critical data assets. Why an AI-Powered Sovereign Cloud? The increasing reliance on cloud computing and AI-driven applications necessitates robust, secure, and autonomo...

  In a powerful display of diplomacy, cultural harmony, and mutual respect, the UAE Ambassador to Uganda recently hosted an interfaith Iftar dinner, emphasizing the values of unity and tolerance. This event not only highlights the UAE’s longstanding commitment to fostering peaceful coexistence but also serves as a reminder of the role that dialogue and shared traditions play in strengthening international relationships. A Symbolic Gathering of Faiths Iftar, the meal that breaks the daily fast during Ramadan, is a significant moment for Muslims around the world. By extending this sacred tradition to people of different faiths, the UAE ambassador has set a profound example of inclusivity. The presence of religious leaders, diplomats, and community representatives at the event underscores the importance of fostering conversations that transcend religious and cultural divides. In an era where global tensions and misunderstandings often overshadow shared values, events like this provide...

 The United Arab Emirates (UAE) has officially announced the Eid Al-Fitr 2025 public holiday dates for public sector employees. This much-anticipated announcement brings joy to many as it allows government workers to plan their celebrations, travel, and quality time with loved ones. However, as with any decision, there are both supporters and critics of the holiday duration and its implications. A Well-Deserved Break for Public Sector Employees Eid Al-Fitr, marking the end of Ramadan, is a time of spiritual reflection, family gatherings, and celebration. The UAE’s move to grant an extended holiday period to public sector employees is commendable, recognizing their hard work and dedication throughout the year. This decision not only aligns with cultural traditions but also enhances employee well-being and productivity in the long run. Moreover, the holiday allows expatriates—who form a significant portion of the UAE’s workforce—the opportunity to reconnect with family and friends, w...

  In a significant diplomatic move, His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser of the United Arab Emirates, is set to embark on an official visit to the United States of America next Monday. This high-profile visit underscores the enduring strategic relationship between the UAE and the U.S., focusing on strengthening cooperation in various fields, including security, trade, and international diplomacy. A Key Diplomatic Engagement H.H. Sheikh Tahnoon's visit to the U.S. comes at a crucial time when global security and economic dynamics are rapidly evolving. As a seasoned leader in national security and international relations, his discussions with American officials are expected to cover pressing regional and global issues, including counterterrorism efforts, economic collaboration, and energy security. His visit highlights the UAE's commitment to playing an active role in fostering regional peace and stability. Stren...

 In a significant move against organized crime, the UAE has sentenced a notorious gang of 80 individuals to jail and imposed a fine of Dh1 million for their involvement in extortion and money laundering. This decisive action reaffirms the country's zero-tolerance stance on financial crimes and criminal enterprises. The crackdown not only led to the imprisonment of the perpetrators but also saw their assets, including money, properties, cars, and weapons, being seized. Such measures send a strong message to criminal networks that the UAE is committed to safeguarding its financial ecosystem and public security. A Strong Stance Against Organized Crime The severity of the punishment underscores the UAE's commitment to eradicating illicit activities that threaten its economic stability. Money laundering and extortion are not just financial crimes; they have far-reaching consequences that can destabilize communities, businesses, and institutions. By confiscating assets linked to the ...