Miami, the second-largest city in Florida after Jacksonville, acts as a gateway to south Florida and the South American market. Getty
Miami, the second-largest city in Florida after Jacksonville, acts as a gateway to south Florida and the South American market. Getty
Miami, the second-largest city in Florida after Jacksonville, acts as a gateway to south Florida and the South American market. Getty
Miami, the second-largest city in Florida after Jacksonville, acts as a gateway to south Florida and the South American market. Getty

Florida's ties to the UAE deepen across the Sunshine State


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The sunny US state of Florida, famed for attracting retirees, its oddball news stories and for being the home of polarising politicians including Donald Trump, is forging ever closer business ties to the UAE.

Nowhere is this more apparent than in Miami, the Latino-majority, melting-pot city where nearly six in 10 people were born overseas.

Miami Mayor Francis Suarez has helped finalise a sister-city relationship with Dubai that highlights growing ties between the UAE and Florida, nicknamed the Sunshine State.

“We certainly have a wonderful relationship with the city of Dubai, with the emirate of Dubai and also with the emirate of Abu Dhabi,” Mr Suarez told The National earlier this year.

“And so it’s just a wonderful opportunity to grow a closer relationship between our country and the Emirates, which I think are playing an increasing role … on world affairs.”

Miami, the second-largest city in Florida after Jacksonville, acts as a gateway to south Florida and the South American market.

Florida plays an outsize role in US politics, as it is home not only to Mr Trump but also to Governor Ron DeSantis, who is running against the former president for the Republican Party nomination for 2024.

Mr DeSantis is trailing a distant second in polls dominated by Mr Trump, whose popularity among Republicans has not, at least for now, been dented by either of the criminal indictments he faces. Mr Trump will appear in a Miami court on Tuesday.

Expanding trade ties

Miami Mayor Francis Suarez at the Saudi Arabia Grand Prix last year. Reuters
Miami Mayor Francis Suarez at the Saudi Arabia Grand Prix last year. Reuters

The UAE has become Florida's largest trading partner in the Middle East. In 2021, the state's exports to the UAE exceeded $1 billion.

According to Danny Sebright, president of the US-UAE Business Council, overall exports from all 50 states to the Emirates surpassed $20.8 billion last year.

“Florida plays a vital role in this success narrative,” Mr Sebright told The National.

Key export categories from Florida to the UAE include computer and electronic products ($620 million), transport equipment ($250 million) and primary metal manufacturers ($200 million).

Moreover, more than 20 Emirati companies have established a presence in Florida, creating more than 1,000 jobs and contributing to the state's economic growth.

Florida's imports from the UAE were worth $210 million in 2022, including $69 million in chemicals and $46 million in petroleum products.

In 2014, Port Canaveral signed a 35-year agreement with Gulftainer, a company based in Sharjah, to operate its container and multipurpose cargo terminal.

Last July, Damac, a Dubai-based developer, purchased nearly a hectare of oceanfront land in Miami's Surfside suburb for $120 million, with plans to develop a luxury condo project under the Cavalli brand. The site was where a condo building collapsed in 2021, killing 98 people.

Trade is expected to grow between Florida and Dubai in the coming years, fuelled by increased connectivity and the mutual commitment of both governments.

In July 2021, Emirates launched direct flights between Miami and Dubai, with five weekly flights currently operating.

Fort Lauderdale is located about 45km north of Miami Photo: Unsplash
Fort Lauderdale is located about 45km north of Miami Photo: Unsplash

About 45 kilometres north of Miami is Fort Lauderdale. The city's mayor, Dean Trantalis, who recently visited Dubai, said Fort Lauderdale is an attractive option for a growing number of Emiratis interested in investing in the US, particularly in real estate and financial services.

“Fort Lauderdale, being a coastal city with a thriving tourism industry, attracts millions of visitors from around the world,” he told The National.

“We boast the country's third-largest passenger port and an important cargo port.”

The UAE ranks as the 10th largest foreign investor in Florida, with investments exceeding $500 million across sectors including commercial real estate, tourism and technology, according to Mayor Wayne Messam of Miramar, near Miami.

He pointed to the $2 billion One Thousand Museum tower in Miami, designed by Zaha Hadid Architects and developed by Louis Birdman of the UAE.

“The UAE's ambitious economic diversification plans, such as its ... focus on advanced technology and renewable energy, align well with Florida's strengths in aviation and aerospace, health care and innovation,” Mr Messam told The National.

COMPANY%20PROFILE%20
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Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

Company%20profile
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SUZUME
%3Cp%3EDirector%3A%20Makoto%20Shinkai%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Nanoka%20Hara%2C%20Hokuto%20Matsumura%2C%20Eri%20Fukatsu%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
'Downton Abbey: A New Era'

Director: Simon Curtis

 

Cast: Hugh Bonneville, Elizabeth McGovern, Maggie Smith, Michelle Dockery, Laura Carmichael, Jim Carter and Phyllis Logan

 

Rating: 4/5

 
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.0-litre%20flat%206-cylinder%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20PDK%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E500hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E450Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh530%2C300%20as%20tested%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
ESSENTIALS

The flights 
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes. 
Where to stay 
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

De De Pyaar De

Produced: Luv Films, YRF Films
Directed: Akiv Ali
Cast: Ajay Devgn, Tabu, Rakul Preet Singh, Jimmy Sheirgill, Jaaved Jaffrey
Rating: 3.5/5 stars

Recent winners

2002 Giselle Khoury (Colombia)

2004 Nathalie Nasralla (France)

2005 Catherine Abboud (Oceania)

2007 Grace Bijjani  (Mexico)

2008 Carina El-Keddissi (Brazil)

2009 Sara Mansour (Brazil)

2010 Daniella Rahme (Australia)

2011 Maria Farah (Canada)

2012 Cynthia Moukarzel (Kuwait)

2013 Layla Yarak (Australia)              

2014 Lia Saad  (UAE)

2015 Cynthia Farah (Australia)

2016 Yosmely Massaad (Venezuela)

2017 Dima Safi (Ivory Coast)

2018 Rachel Younan (Australia)

The specs: 2018 Mazda CX-5

Price, base / as tested: Dh89,000 / Dh130,000
Engine: 2.5-litre four-cylinder
Power: 188hp @ 6,000rpm
Torque: 251Nm @ 4,000rpm
Transmission: Six-speed automatic
​​​​​​​Fuel consumption, combined: 7.1L / 100km

Remaining Fixtures

Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final

Yemen's Bahais and the charges they often face

The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.

The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran. 

Today, some 2,000 Baha'is reside in Yemen, according to Insaf. 

"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said. 

Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer. 

The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy. 

 

Updated: June 15, 2023, 4:59 PM