UAE / by Alistair Galloway

In the affairs of the United Arab Emirates, the country has downgraded its diplomatic links with Iran. The UAE ambassador to Lebanon met with the Mufti of Lebanon to discuss Islamic affairs and the UAE’s role in the refugee crisis. The Abu Dhabi fund for Development pledged $46 million in concessional loans for renewable energy projects in developing countries. The Canadian National Salim Alarad, plead not guilty to three terror-related charges after being held in prison for over one year. UAE banks have been informed they must receive approval from the central bank regarding dividends. UAE Federal Electricity and Water Authority announced plans to develop and expand power distribution systems at a cost of $354 million. The Ministry of Finance announced its revenue expectations with the introduction of VAT. The Foreign Affairs Ministry has vehemently condemned North Korea's hydrogen bomb testing. Three Indians associated with terrorist cell IS were arrested in India after being deported from the UAE at India’s request.