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Crypto.com gets nod in Dubai and FTX launches in Japan

Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan. Crypto.com announced on June 2 that the Dubai Virtual Assets Regulatory Authority (VARA) provided the exchange with provisional approval of its Virtual Asset License giving the company the go-ahead based on initial compliance checks. The exchange said that VARA will carry out further due diligence and other mandated requirements before its full operating license is issued which it expects to happen in the “near term” Crypto.com said in March it would create a regional office in the United Arab Emirates (UAE) largest city after it enacted new laws for crypto and created VARA with the goal of making Dubai a ...

Coronavirus: Saudi Arabia suspends UAE flights

Saudi Arabia has suspended flights to three countries, including the neighbouring United Arab Emirates, to protect against a coronavirus variant, the interior ministry said Saturday. The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad, after a ban on foreign trips that lasted more than a year. The UAE, and especially Dubai, is a key leisure destination for Saudis. Flights to and from the UAE, alongside those to Ethiopia and Vietnam, will be suspended from Sunday, an interior ministry official said, quoted by the state news agency SPA. Saudi citizens and residents returning from these countries will be required to quarantine for 14 days, it added. Citizens would be banned “from travelling directly or indirectly, without obtaining prior p...

UAE ratifies extradition deal with South Africa as hunt for Guptas intensifies

The United Arab Emirates has ratified a 2018 extradition treaty with South Africa, its embassy in Pretoria said on Wednesday, a move that President Cyril Ramaphosa’s government hopes will lead to the return of the Gupta brothers to face corruption charges. South Africa signed the treaty with the UAE in late 2018, part of Ramaphosa’s effort to crack down on those accused of corruption and influence peddling under his predecessor, Jacob Zuma. It was ratified in April, UAE’s embassy said in a statement. The Gupta brothers – Atul, Ajay and Rajesh Gupta – are accused of using connections with Zuma to win contracts, misappropriate state assets, inappropriately influence cabinet appointments and siphon off billions of rand in state funds. The Indian-born brothers, who have repeatedly denied wrong...

UNESCO exhibit in Venice focuses on rebuilding Mosul sites

The United Nations’ cultural agency has opened an exhibit detailing plans to restore multicultural landmarks in the Iraqi city of Mosul, underlining the role of architecture in helping heal wounds. The exhibit, “Revive the Spirit of Mosul,” will be featured on the sidelines of the 17th International Architecture Exhibition, which opened Saturday after a one-year pandemic delay under the title: “How will we live together?” The Venice Biennale’s central question resonates in particular in Iraq, which is experiencing turbulent change, and the old city of Mosul, where 80% of the city’s monuments were destroyed by extremists during the city’s 36-month occupation by the Islamic State group. Iraq is one of three countries participating for the first time at the Biennale, with an exhibit by Rashad...

Saudi and UAE condemn Israel over Palestinian clashes at Al-Aqsa

Saudi Arabia and the United Arab Emirates on Saturday condemned Israel’s plans to evict Palestinians from homes on land claimed by Jewish settlers, following a night of violence in Jerusalem. Israeli police fired rubber bullets and stun grenades towards rock-hurling Palestinian youth at Jerusalem’s Al-Aqsa mosque late on Friday. The clashes at Islam’s third holiest site and around East Jerusalem, which injured 205 Palestinians and 17 police officers, came amid mounting anger over the planned evictions. “Saudi Arabia rejects Israel’s plans and measures to evict dozens of Palestinians from their homes in Jerusalem and impose Israeli sovereignty over them,” the kingdom’s Ministry of Foreign Affairs said in a statement carried on Saudi-owned Al Arabiya. The UAE, which normalised relations with...

UAE waives extra coronavirus test for Nigerians

The United Arab Emirates (UAE) has removed the rapid antigen test requirement for Nigerians travellers. This is according to a March 24 letter from the protocol department of the UAE ministry of foreign affairs seen by newsmen. The federal government had suspended Emirates Airlines after it announced an additional test requirement for Nigerian travellers in addition to the PCR test mandated by the presidential task force on COVID-19 (PTF). Agreeing to remove the test requirement, the UAE government demanded that the number of passengers on inbound flights to the UAE must not exceed 200 for two weeks. It also said only direct flights between the UAE and Nigeria are allowed. “Passengers need to present a valid negative PCR test conducted within 48 hours before boarding,”. “Provide the Embass...

Justice Onnoghen: Why I was sacked as CJN

The Leader Former Chief Justice of Nigeria, Walter Onnoghen, on Friday, stressed that Nigeria as a nation may not record any meaningful achievement in life until they are able to free the nation’s judiciary from the stronghold of politicians. Onnoghen who spoke publicly for the first time since his removal from office two years ago, attributed his sack to political manuevre. The former CJN, who was speaking at the unveiling of a book titled ‘Fundamental Rights (Enforcement Procedure) Rules, 2009, Practice, Procedure, Forms and Precedents’, by a legal luminary, Chief Ogwu James Onoja (SAN), attributed his sack to political intrigues. Onnoghen revealed that prior to his removal, he was accused by the executive of having met with former Vice President, Alhaji Atiku Abubakar in Dubai, United A...

Lobbyist says Myanmar junta wants to improve relations with the West, spurn China

An Israeli-Canadian lobbyist hired by Myanmar’s junta said on Saturday that the generals are keen to leave politics after their coup and seek to improve relations with the United States and distance themselves from China. Ari Ben-Menashe, a former Israeli military intelligence official who has previously represented Zimbabwe’s Robert Mugabe and Sudan’s military rulers, said Myanmar’s generals also want to repatriate Rohingya Muslims who fled to neighboring Bangladesh. The United Nations says more than 50 demonstrators have been killed since the Feb. 1 coup when the military overthrew and detained elected leader Aung San Suu Kyi, whose National League for Democracy party won polls in November by a landslide. On Friday, a U.N. special envoy urged the Security Council to take action against t...

Israel, Bahrain leaders discuss Iran, possible vaccine plant

Israeli Prime Minister Benjamin Netanyahu and Bahrain’s Crown Prince Sheikh Salman bin Hamad Al Khalifa on Thursday discussed Iran and the possible involvement of the Gulf state in establishing a vaccine plant in Israel, the two countries said. Bahrain and the United Arab Emirates formalised ties with Israel on Sept. 15 in part over shared concerns about Iran, in a deal forged by former U.S. President Donald Trump. Trump withdrew from a 2015 nuclear deal between Tehran and world powers, a move praised by Israel which has objected to the accord. His successor, President Joe Biden, wants to rejoin the deal. But in the week since Washington offered to talk with Tehran about reviving the nuclear deal, Iran has curbed U.N. monitoring and threatened to boost its uranium enrichment. Tehran denies...

U.S. imposes fresh sanctions on Iran in final days of Donald Trump presidency

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation. They are the latest in a series of measures aimed at stepping up pressure on Tehran in the waning days of President Donald Trump’s administration, which ends on Jan. 20. U.S. Secretary of State Mike Pompeo said Washington had sanctioned seven companies, including Chinese-based Jiangyin Mascot Special Steel Co. and UAE-based Accenture Building Materials, and two people for shipping steel to or from Iran. He said Iran’s Marine Industries Organization, Aerospace Industries Organization and the Iran Aviation Industries Organization had also been blacklisted over conven...

National carriers announce resumption of Qatar-Saudi air travel

The national carriers of Qatar and Saudi Arabia have announced the resumption of air travel between the two countries starting next week, just days after a deal was reached to end a years-long regional diplomatic dispute. A Gulf Cooperation Council (GCC) summit on Tuesday declared an end to the bitter rift in which members Saudi Arabia, the United Arab Emirates, Bahrain – along with Egypt – blockaded Qatar since June 2017. The group severed diplomatic, trade and travel ties with Qatar, accusing it of supporting terrorism, an accusation Doha vehemently denied. Kuwait and the United States had been mediating for reconciliation. On the eve of the 41st GCC summit held in Saudi Arabia, the kingdom agreed to reopen its air, sea and land borders with Qatar – a major breakthrough in the Gulf crisi...

Russian coronavirus vaccine trials begin in UAE as cases rise

Abu Dhabi has started Phase III clinical trials of Russia’s experimental COVID-19 vaccine, known as Sputnik V, amid a surge in infections in the United Arab Emirates, Abu Dhabi’s media office said on Thursday. The human trial, announced in October before the recent rise in cases, is initially seeking up to 500 volunteers to be vaccinated at a hospital in the emirate of Abu Dhabi. Two doses of the vaccine will be given, 20 days apart, to volunteers, the statement said. Participants will have to be 18 years or older, have not previously been infected with COVID-19 or participated in other COVID-19 vaccine trials, it said. The UAE is also conducting Phase III trials of a COVID-19 vaccine developed by China National Pharmaceutical Group (Sinopharm). The UAE has approved the vaccine and it is a...