Business News from Saturday, May 23rd, 2026
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ENOC signs deal with Allied Biofuels to explore sustainable aviation fuel supply
Dubai-based ENOC Group has signed an agreement with Abu Dhabi company Allied Biofuels Holding to explore the supply and distribution of sustainable aviation fuel, or SAF, from a new production facility being developed in Uzbekistan.
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Mexico, EU sign stalled trade deal as they aim to diversify from US
Mexico and the European Union have signed a long-stalled free trade agreement on Friday as they seek to decrease dependence on the US and partially insulate themselves from President Donald Trump's tariffs.
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UAE, Saudi Arabia and allies condemn Israeli minister over flotilla detaineesThe foreign ministers of the UAE, Saudi Arabia, Qatar, Jordan, Egypt, Türkiye, Indonesia and Pakistan have jointly condemned Israeli National Security Minister Itamar Ben-Gvir over the treatment of detainees linked to a Gaza-bound flotilla.
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UAE President joins call with Trump, regional leaders to discuss Iran peace dealUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has taken part in a joint call with leaders of the US, Bahrain, Qatar, Saudi Arabia, Jordan, Egypt, Turkey and Pakistan to discuss regional developments and efforts to advance diplomatic solutions.
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UAE delegation concludes participation in GLOBSEC Forum 2026 in PragueA high-level delegation from the United Arab Emirates, led by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, concluded its participation in the GLOBSEC Forum 2026, which was held in Prague from May 21-23.
