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UAE, US partnership updated as both countries look towards new priorities: CNBC (watch, runtime; 03:49) spoke with with Emirati political scientist and author Abdulkhaleq Abdulla, who gives his take on President Mohammed bin Zayed Al Nahyan’s visit with US President Joe Biden, which he says marks a “new phase” in the UAE’s relationship with the US that accounts for new UAE priorities to resolve geopolitical tensions and advance responsible AI development, investment, and trade.
PLUS- Hedge funds in Dubai have seen their headcount exceed 1k employees amid an influx spurred by a number of incentives, a favorable timezone, and low taxes, Bloomberg reports.
AND- Dubai-based messaging app Telegram will now hand over users’ IP addresses and phone numbers to governments upon valid legal requests, Bloomberg reports, citing a statement from the platform’s CEO Pavel Durov. The change comes in the wake of Durov’s recent arrest in France on charges of alleged complicity in the spread of child abuse materials, among other charges that he has denied.
