United Arab Emirates

BELGRADE - Serbian Minister of Youth and Sports Vanja Udovicic and senior vice-president of sports infrastructure development company AECOM Riad Nashif signed a protocol of cooperation in the field of public private partnership.

The UAE-based AECOM expressed interest in cooperation with Serbia, Udovicic said Monday.

BELGRADE - The Serbian Parliament adopted on Friday a bill that defines the conditions of the USD 1 billion budget loan from the United Arab Emirates (UAE) to Serbia.

The government will receive a USD 1 billion loan from the UAE with a payment deadline of 10 years and a 2 percent interest rate.

"USD 1 billion to modernize Belgrade airport"

BELGRADE -- USD 1 billion will be invested in the expansion and modernization of Belgrade's Nikola Tesla Airport, the daily Večernje Novosti reports in its Friday edition.

BELGRADE – Serbian Finance Minister Lazar Krstic said Tuesday that Serbia has taken a USD 1 billion loan from the Abu Dhabi government under favorable conditions, and he believes it will have a positive effect on investors.

BELGRADE - Serbian companies have signed their first preliminary contracts with companies from the United Arab Emirates (UAE), Serbia's Trade Minister Rasim Ljajic has said.

Ljajic met on Monday with officials of 20 companies from the UAE, of which some have already opened and others have said that they would open their offices in Serbia.

BELGRADE - Saudi Arabia and the United Arab Emirates (UAE) are interested in signing long-term agreements on cooperation in tourism with Serbia, Serbia's Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajic told Tanjug on Thursday.

By Panagis Galiatsatos

The foreign ministers of the United Arab Emirates, Sheikh Abdullah bin Zayed Al Nahyan, and Greece, Evangelos Venizelos, yesterday signed a memorandum of cooperation between the two states for the mutual promotion and protection of investments, seen as a message of trust from the UAE to Greece.

 Chinese premier will also arrive in the coming weeks and discuss further cooperation with local companies

By Dimitra Manifava

Officials from the United Arab Emirates are set to announce in Athens on Tuesday the UAE’s participation in the share capital of a major Greek construction company active in the sectors of energy and real estate.

James Kottak, drummer of the German rock stars Scorpions, was jailed in Dubai for indecent behaviour and being drunk, reports Gulf News. 

According to the website, Kottak was arrested at the Dubai airport on April for getting drunk, cursing Muslims, making an indecent gesture to a group of passengers and removing his pants at the airport. He also insulted policemen.

DUBAI - Businesspeople from the United Arab Emirates (UAE) will be paying a visit to Serbia from May 19 through 22 to assess possibilities for cooperation with Serbian colleagues.