DIRS.INFO The most relevant business & tech news

☆ UAE warns against risk of regional spillover from Gaza war
▼ + stars: | 2023-11-03 | by ( Alexander Cornwell | ) www.reuters.com time to read: +3 min

[1/2] Israeli soldiers drive in military vehicles by Israel's border with Gaza in southern Israel, October 10, 2023. "The risk of regional spillover and further escalation is real, as well as the risk that extremist groups will take advantage of the situation to advance ideologies that will keep us locked in cycles of violence." The UAE supported Egypt's current leader, Abdel Fattah al-Sisi, when he toppled President Mohamed Mursi of the Muslim Brotherhood in 2013. The UAE has said it planned to treat 1,000 Palestinian children from Gaza, but did not clarify how they would leave the besieged enclave. The latest war in the decades-old Israeli-Palestinian conflict began when Hamas militants broke through the border on Oct. 7 and went on a rampage.

Persons: Ronen, Abraham, ABU, Al Kaabi, Abdel Fattah al, Mohamed Mursi, Kaabi, Alexander Cornwell, Maha El, Raju Gopalakrishnan, Jason Neely Organizations: REUTERS, UAE, Abraham Accords, United, Emirates, Brotherhood, Hamas, U.S . Fifth, Thomson Locations: Gaza, Israel, East, UAE, ABU DHABI, Saudi Arabia, Abu Dhabi, Bahrain, Manama, Gulf

DUBAI, Oct 9 (Reuters) - The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximise earnings for the Gulf state. The state-owned company also told Reuters it was investing in energy trading, without giving further details. ADNOC has two trading arms, both set up in 2020: ADNOC Trading, which is focused on crude oil, and ADNOC Global Trading, a joint venture with Italy's Eni (ENI.MI) and OMV which is more focused on refined products. Other recent hires include Bart Cornelissen, who left Deloitte to become ADNOC's senior vice president for group strategy and portfolio last month, according to LinkedIn. Recent senior hires for ADNOC's trading arms include alumni of Gunvor, Litasco, Shell and TotalEnergies, the employment network showed.

Persons: ADNOC, Galp, Austria's, Mohammed bin Zayed, headcount, Michele Fiorentino, Baker Hughes, Musabbeh Al Kaabi, Al Kaabi, Bart Cornelissen, Michael Hafner, Hafner, Morgan Stanley, Neil Quilliam, Sultan al, Jaber, John Kerry, Abu, Maha El Dahan, Yousef Saba, Ron Bousso, David Clarke Organizations: United, Abu, Abu Dhabi National Oil Company, Reuters, BP, NewMed Energy, Italy's Eni, UAE, IOC, Aramco, LinkedIn, Mubadala Energy, Deloitte, Greenhill &, Deutsche Bank, UBS, HSBC, Shell, Eni, Gunvor, The, Chatham House, United Nations, Masdar, Thomson Locations: DUBAI, United Arab Emirates, Abu Dhabi, Gulf, Saudi Arabia, Qatar, UAE, Africa, Mozambique, ADNOC, Geneva, London, The UAE, Europe, Sultan, Dubai

☆ Syria's Assad arrives in United Arab Emirates in official visit
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +3 min

[1/5] Syria's President Bashar al-Assad meets with President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi, United Arab Emirates March 19, 2023. Hamad Al Kaabi/UAE Presidential Court/Handout via REUTERSDUBAI, March 19 (Reuters) - Syrian President Bashar al Assad arrived in the United Arab Emirates (UAE) on Sunday for an official visit, accompanied by his wife Asma al Assad, at a time when more Arab states have signalled openness to easing the isolation of Damascus. "We held constructive talks aimed at developing relations between our two countries," Sheikh Mohammed later said in a Twitter post. The Syrian presidency said Asma al Assad, on her first known official visit abroad with Assad since 2011, would meet with Sheikha Fatima bint Mubarak who is the Emirati president's mother and regarded in the UAE as the "Mother of the Nation". Saudi Arabia, Qatar and, to a lesser extent the UAE, once backed rebels against Assad.

☆ Mubadala's head of UAE investments leaving to lead new ADNOC arm
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Dec 5 (Reuters) - Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Monday its chief executive for UAE Investments would leave next month to head a new division at Abu Dhabi's state oil company. Musabbeh Al Kaabi, CEO of Mubadala's UAE Investments platform since January 2021, will head Abu Dhabi National Oil Company's (ADNOC) newly set up Low Carbon Solutions & International Growth business from Jan. 16, Mubadala said in a statement. Mubadala Deputy CEO Waleed Al Mokarrab Al Muhairi will become interim CEO of UAE Investments. Kaabi, who began his career at ADNOC where he worked for 16 years including leading the oil giant's Exploration Division, is also a member of Mubadala's Investment Committee. Before heading UAE investments, Kaabi oversaw Mubadala's international energy portfolio as CEO for Petroleum and Petrochemicals from 2017 to 2020.

☆ Israeli journalists experience chilly reception at Qatar World Cup
▼ + stars: | 2022-12-02 | by ( Hadas Gold | ) edition.cnn.com time to read: +13 min

Former Israeli football star, and now a commentator Eil Ohana posted a video showing a Qatari police officer driving him in a golf cart. Videos have gone viral in Israel and the Arab world showing football fans yelling at Israeli reporters, refusing to speak to them because of where they are from. Canadian pop star Justin Bieber launched clean water company Generosity at Qatar’s World Cup, to provide premium alkaline water in refillable fountains across the globe. The pitch invader who waved a rainbow flag on the field during Portugal’s World Cup match with Uruguay on Monday said FIFA president Gianni Infantino came to the Qatari police station to free him in order to “avoid more controversy.”Thursday’s Group E FIFA World Cup match between Costa Rica and Germany saw an all-women refereeing team for the first time in men’s World Cup history. Stephanie Frappart, from France, led the refereeing team, making her the first woman to referee a men’s World Cup match.

Search resuls for: "Al Kaabi"

5 mentions found