The announcement came as UAE de facto ruler, Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan, was in London visiting British Prime Minister Boris Johnson.
Dubai’s new attraction, Ain Dubai, will be able to carry 1,750 people at a time when it opens on Oct. 21.
The talks with International Atomic Energy Agency chief Grossi were aimed at easing a standoff between Tehran and the West.
CNBC asked former CIA, military and diplomatic personnel what they feel America has learned — and failed to learn — since Sept. 11, 2001.
The outlook for Afghanistan's aid-reliant economy is "pretty poor", especially given the Taliban's limited experience in economic management, says William Thomas of the Economist Corporate Network.
Visas are a core pillar of the UAE economy as nearly 90% of its population of 10 million are expatriates.
Once a region seeing vast flows of wealth due to natural petroleum resources, the market slowdown and plunging oil prices have placed the Gulf Cooperation Council in a position of economic uncertainty. CNBC's Nessa Anwar is joined by Hadley Gamble to discuss the GCC's challenges, from economic diversification to their internal disagreements.
The increase in 95-octane gasoline prices would take effect immediately, the government said in a statement.
At least 24 Palestinians, including a 13-year-old, were injured by Israeli gunfire, according to the Gaza health ministry.
Evacuations from Kabul's Hamid Karzai International Airport picked up pace on Wednesday after a frenzied and deadly start to the week.
"While the end result and bloodletting once we left was never in doubt, the speed of collapse is unreal," one Afghan War veteran told CNBC.
CNBC's 'Squawk Box' team discusses the fall of the Afghan government and the Taliban taking Kabul with Mick Mulvaney, former OMB director, and Donna Edwards, former Democratic Congresswoman of Maryland.
Thousands of Afghans have amassed on the tarmac at Kabul's international airport in the hours after the Taliban captured the capital.
Lebanon is suffering from a severe fuel shortage, leading to long lines at gas stations and extended blackouts.
UNESCO's World Heritage Committee just named 34 sites to the prestigious World Heritage List, representing two years' worth of site nominations.
The airline of the United Arab Emirates' capital has been suffering losses for years.
The Department of Justice has committed to disclose information related to the Sept. 11 terrorist attacks after years of pressure from victims' families.
The militant Hezbollah group said it fired a barrage of rockets near Israeli positions close to the Lebanese border on Friday
Raisi's swearing in follows drone strikes on a tanker in the Gulf that have been blamed on Iran, and a threat of attack from Israel.
Competition between the two major Arab economies "is bound to intensify in the days to come," one Gulf academic told CNBC.