Dana Khraiche

3 weeks ago | bloomberg.com | Dana Khraiche

Madagascar is the world’s largest vanilla producer. (Bloomberg) -- Madagascar is seeking to boost investments from the United Arab Emirates to spur growth in its tourism and energy sectors, a partnership that’s become more urgent as its faces steep tariffs from the US. President Donald Trump in April threatened a 47% reciprocal tariff — one of the world’s highest — on the Indian Ocean island nation, before replacing it with a 10% universal levy.

1 month ago | news.bloombergtax.com | Dana Khraiche

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1 month ago | news.bloomberglaw.com | Dana Khraiche

The Arab Energy Fund and Stonepeak enter $1b strategic partnership to invest in energy infrastructure across the Middle East, according to statement. Partnership will primarily focus on businesses in the energy sector, supporting efforts to build critical infrastructure in the regionTo contact the reporter on this story: in Dubai at [email protected] contact the editor responsible for this story: at [email protected]© 2025 Bloomberg L.P. All rights reserved. Used with permission.

1 month ago | bloomberg.com | Dana Khraiche

(Bloomberg) -- The United Arab Emirates said it thwarted an attempt to transfer weapons to Sudan’s army, the latest escalation in tensions between the Gulf power and military authorities in the North African nation torn apart by two years of civil war. Emirati officials seized ammunition and military equipment and arrested people during an inspection of a private aircraft at one of the UAE’s airports, the state-run WAM news agency said Wednesday, citing Attorney-General Hamad Saif Al Shamsi.

2 months ago | bloomberg.com | Dana Khraiche

(Bloomberg) -- Jordan said it arrested 16 people for involvement in an alleged plot to “undermine national security” in an operation that also uncovered weapons factories inside the kingdom. The detainees are accused of manufacturing missiles and drones, concealing a ready-to-use rocket and recruiting and training individuals in Jordan and abroad, state-run Petra news agency reported Tuesday, citing the country’s intelligence agency.