Mubadala Investment Company Goes Live

As an update to previous Council Updates on this topic, the U.S.-U.A.E. Business Council is pleased to announce that member firm Mubadala Investment Company formally began operations on 1 May 2017, concluding the successful merger of two of Abu Dhabi’s leading government-owned investment entities – The International Petroleum Investment Company (IPIC) and Mubadala Development Company […]

First Abu Dhabi Bank

The leaders of First Abu Dhabi Bank unveiled today a new logo for the bank, with the motto “Grow Stronger”.  The new brand reflects the mission and values of the new entity, and the UAE’s vision for the future. Abu Dhabi’s two largest banks, the National Bank of Abu Dhabi (NBAD) and First Gulf Bank […]

Expo 2020 U.S. Standing Committee Update

The U.S. Expo 2020 Standing Committee has received an invitation request for U.S.-based Small and Medium-sized Enterprises (SMEs) to participate in ‘Meet the Buyer,’ which will provide SMEs the unique opportunity to engage directly with Expo 2020 Dubai’s procurement team and large corporate companies already contracted by Expo 2020 Dubai. Please see below for more […]

Zayed Future Energy Prize Application & Deadline

Applications are now being accepted for 10th Edition of the Zayed Future Energy Prize.  The U.S.-U.A.E. Business Council is pleased to partner once again with our partners in Abu Dhabi to raise awareness about this important opportunity. The Zayed Future Energy Prize represents the vision of the Late Founding Father and President of the United […]

U.A.E. Ministry of Finance Briefing Updates on VAT and Excise Taxes

In partnership with the U.A.E. Ministry of Finance and the U.S.-U.A.E. Economic Policy Dialogue, the U.S.-U.A.E. Business Council strongly encourages member companies to register for a series of briefing updates on VAT and Excise Taxes that the U.A.E. Ministry of Finance will convene over the next two months. In coordination with other GCC states, the […]

The Gulf States Are Ready for Peaceful Coexistence—if Iran Is

U.A.E. Ambassador to the U.S. Yousef al Otaiba highlights the current situation with Iran in the Middle East region in a recent opinion piece published in the Wall Street Journal.  Ambassador al Otaiba outlines numerous threats posed by Iran, and also considers potential new opportunities in dealing with Iran’s dangerous behavior resulting from the advent […]

Latest Figures Detail Increase in Overall U.S.-U.A.E. Trade for 2016

The United Arab Emirates (U.A.E.) remains the United States’ top export destination for the entire Middle East & North Africa (MENA) region for the eighth year in a row, according to the Census Bureau’s Foreign Trade Division at the U.S. Department of Commerce. The U.S. and the U.A.E. conducted$25.73 billion in total trade in 2016—an increase of $265 million (1.04%)  from 2015. […]

The U.A.E.’s Tax Framework: Developing a Stable and Reliable Structure

BUSINESS OUTLOOK: The UAE’s Tax Framework: Developing a Stable and Reliable Structure By: Danny Sebright 14 December 2016 Newsweek Middle East While global markets fluctuated in 2016 due to the combined impact of international disputes, falling oil prices, and political shocks, the UAE has been able to avoid major economic setbacks thanks to its continued […]

U.S.-U.A.E. Business Council Hosts Deputy Secretary of Commerce Bruce Andrews – November 14

The U.S.-U.A.E. Business Council is pleased to invite you to attend an exclusive (closed-door) luncheon with Deputy Secretary of Commerce Bruce H. Andrews on Monday, November 14th. In his remarks, Deputy Secretary Andrews will highlight the importance of the U.S.-U.A.E. bilateral commercial relationship, will review the Department’s key achievements with the U.A.E. since 2008 and its goals […]