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☆ At climate summit, Turkey, South Africa hit out at Israel over Gaza war
▼ + stars: | 2023-12-01 | by ( Alexander Cornwell | ) www.reuters.com time to read: +5 min

Turkish President Tayyip Erdogan delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. "The current situation in Gaza constitutes a war crime and a crime against humanity; those responsible must be held accountable under international law," he said. The war against the innocent people of Palestine is a war crime that must be ended now," he said in his address. The "international youth delegate" said he would try to raise awareness at the COP28 conference of the Palestinian cause. The assault sparked outrage in the Arab world, though most Western leaders have supported what they say is Israel's right to defend itself.

Persons: Tayyip Erdogan, Al Sudani, Israel, Cyril Ramaphosa, Jordan's King Abdullah, Mohammed Ursof, Antony Blinken, Blinken, Rishi Sunak, Sheikh Tamim bin Hamad Al Thani, Isaac Herzog, Sheikh Mohamed bin Zayed Al Nahyan, Herzog, Oded Joseph, Bahrain's King Hamad bin Isa Al Khalifa, Abdul Latif Rashid, Gustavo Petro, Alexander Cornwell, Nadine Awadalla, Jana Choukeir, Huseyin Hayatsever, Mai Shams El, Richard Valdmanis, William Maclean Organizations: United Nations, Change, United Arab Emirates, REUTERS, Rights, Reuters, Hamas, United, U.S, State Department, Palestinian Authority, Dubai, UAE, Foreign Ministry, Reuters COP28, Thomson Locations: Dubai, United Arab, Israel, Gaza, Palestinian, Africa, Palestine, UAE, Qatar, Egypt, Jordan, Bahrain, COP28

☆ A man was sentenced to 3 months in a Dubai jail after he insulted airport staff who didn't bring his mom a wheelchair
▼ + stars: | 2023-11-29 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A man was sentenced to three months in a Dubai prison after he insulted airport staff last year. The incident happened when airport staff were slow to bring his mom a wheelchair, reports say. AdvertisementA British tourist was sentenced to three months in a Dubai prison after he insulted airport staff who were slow to bring his mom a wheelchair, according to The National. He was initially fined for the incident, in which he cursed at an airport employee in a transit area of Dubai International Airport in February last year, according to MailOnline. "When I tried to explain it to him, he insulted me using very bad language," the airport employee said, according to the newspaper.

Persons: —, MailOnline Organizations: UAE, Service, Dubai, of Appeal, Dubai International Airport, New Locations: Dubai, UAE, British, New York

☆ Crespo set to take charge at UAE club Al Ain
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

Nov 13 (Reuters) - Al Ain-bound Argentine coach Hernan Crespo will arrive on Monday to formally sign his contract, the UAE club said. Crespo will succeed Dutch coach Alfred Schreuder who parted ways with Al Ain last week after just six months in charge following media reports he would be moving to Saudi Arabia. Al Ain made the announcement on social media platform X with a video clip reviewing Crespo's career as a player and coach. Al Ain signed 51-year-old Schroeder last May after the departure of coach Sergei Rebrov, but media have linked the Dutch coach with Saudi champions Al-Ittihad, who have sacked Portuguese coach Nuno Espirito Santo. Al Ain are third in the UAE Pro League with 15 points after seven games.

Persons: Al, Hernan Crespo, Crespo, Alfred Schreuder, Al Ain, Duhail, Paris St Germain, Christophe Galtier, Schroeder, Sergei Rebrov, Nuno Espirito, Al Wasl, Saudi Arabia's, Ashraf Hamed Atta, Ken ferris Organizations: Argetina, Parma, Lazio, Inter Milan, Chelsea, Qatari, Al, Paris St, Saudi, Nuno Espirito Santo, UAE Pro League, Asian Champions League, Thomson Locations: Al Ain, Argentine, UAE, Saudi Arabia, Ittihad, Portuguese, Al

☆ Exclusive: UAE plans to maintain ties with Israel despite Gaza outcry, sources say
▼ + stars: | 2023-11-11 | by ( Alexander Cornwell | ) www.reuters.com time to read: +8 min

Abu Dhabi became the most prominent Arab nation to establish diplomatic ties with Israel in 30 years under the U.S.-brokered Abraham Accords in 2020. "The indiscriminate damage visited upon the people of Gaza in pursuit of Israel's security risks extinguishing that hope," she said. Israel and the UAE have developed close economic and security ties in the three years since normalisation, including defence cooperation. None of four sources ruled out that the UAE could downgrade or sever its ties if the crisis escalated. While criticising Israel's conduct of the war, Abu Dhabi has also condemned Hamas for its attack.

Persons: Ronen, Abu Dhabi, Israel ABU, Abraham, Sheikh Mohamed bin Zayed Al Nahyan, Benjamin Netanyahu, Sheikh Mohamed, Emir Sheikh Tamim bin Hamad Al Thani, Israel, Washington, Anwar Gargash, Lana Nusseibeh, Abu, Jordan, James Dorsey, Netanyahu, Israel's, Abdel Fattah al, Mohammed Mursi, Omar Hassan al, Bashir, Alexander Cornwell, Dan Williams, Steven Scheers, Maha El Dahan, Michael Georgy, Daniel Flynn Organizations: REUTERS, UAE, United Arab Emirates, Israel, U.S, Abraham Accords, Israeli, Qatari, UN Security Council, Reuters, West Bank, Gaza, National University of Singapore, European Union, Egypt's, Thomson Locations: Petah Tikva, Israel, UAE, Gaza, Israel ABU DHABI, Abu, Palestinian, Arab, United States, Abu Dhabi, Qatar, reining, East Jerusalem, Israeli, Iran, Yemen, OPEC, Al Aqsa, Islam, Egypt, Jerusalem

Friday's early calls include an upgrade to a restaurant software stock and a big downgrade to a solar name. The bank downgraded Unity stock to neutral from outperform, also slashing its target price to $20 from $55. Analyst Doug Anmuth's updated price target of $510 could mean that there's still 17% room for the stock to go. Analyst Jonathan Block's price target of $70 signifies a 13% upside from the stock's Thursday closing price of $62.16. Koning has a price target of $18 per share, implying upside of nearly 30% over the next 12 months.

Persons: Baird, Tim Nollen, Lisa Kailai Han, Carlo Santarelli, — Lisa Kailai Han, JPMorgan downgrades, Drew Chamberlain, Doug Anmuth's, Anmuth, NFLX, Henry Schein, Jonathan, Freyr, BTIG, Gregory Lewis, FREY, Lewis, Stephens, Joshua Long . Long, Long, Portillo's, Mgmt, Chris Dendrinos, Dendrinos, Baird Baird, David Koning, Koning, — Fred Imbert, Julien Dumoulin, Smith, Fred Imbert Organizations: CNBC, Bank of America, Macquarie, Unity, Wynn Resorts, Deutsche Bank, JPMorgan, JPMorgan downgrades Enviva, Netflix, FR, European Union, RBC Capital, FTC Solar Bank of America, FTC Solar, FTC Locations: Macquarie, Unity, UAE, Boston, Norway, Portillo's, Thursday's

☆ Spanish midfielder Iniesta joins Emirates Club
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

Soccer Football - Friendly - Vissel Kobe v FC Barcelona - Japan National Stadium, Tokyo, Japan - June 6, 2023 Vissel Kobe's Andres Iniesta applauds the fans as he gets substituted by Haruya Ide REUTERS/Kim Kyung-Hoon/File PhotoAug 8 (Reuters) - Former Spain and Barcelona midfielder Andres Iniesta has joined Emirates Club, the UAE Pro league announced on Tuesday. "Welcome Iniesta", Emirates club said on messaging platform X, formerly known as Twitter. The 39-year-old player left Japanese club Vissel Kobe last month after five years. Iniesta won nine LaLiga titles with Barcelona and four Champions League titles. With Spain, he won the 2010 World Cup and back-to-back Euro titles in 2008 and 2012.

Persons: Vissel Kobe's Andres Iniesta applauds, Haruya Ide, Kim Kyung, Andres Iniesta, Iniesta, Shady Amir, Clare Fallon Organizations: Soccer Football, FC Barcelona, Japan, Haruya Ide REUTERS, Barcelona, Emirates Club, UAE Pro, Emirates, Twitter, Vissel Kobe, League, Spain, Vissel, AFC Champions League, Thomson Locations: Kobe, Tokyo, Japan, Spain, Ras Al, Khaimah, Vissel Kobe

☆ Top analysts are bullish on these five long-term picks
▼ + stars: | 2023-04-02 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Rakesh holds the 94th position among more than 8,000 analysts followed on TipRanks. The analyst ranks 439th among more than 8,000 analysts followed on TipRanks. The analyst remains bullish on the stock and raised his price target to $134 from $128, as he continues to see a "meaningful upside." Santarelli holds the 27th position among more than 8,000 analysts on TipRanks.

Griner arrived in the UAE capital of Abu Dhabi by private plane from Moscow as Bout was flown in on a private plane from Washington. Bout, nicknamed the "merchant of death," embraced a Russian official who greeted him and smiled broadly as he was led away. A joint UAE-Saudi statement said the UAE president and Saudi crown prince led mediation efforts that secured Griner's release. Griner was exchanged for Bout, a onetime Russian weapons dealer who had been convicted in the United States and imprisoned for 10 years. During the prisoner swap, Griner was met on the tarmac in UAE by chief U.S. hostage negotiator Roger Carstens.

☆ The UAE is pushing to produce 5 million barrels per day of crude oil 5 years earlier than previously disclosed, report says
▼ + stars: | 2022-09-19 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

The UAE is pushing up a target date for increased crude oil output by five years, according to Bloomberg. State-run producer ADNOC wants to produce 5 million barrels per day by 2025, up from a previously disclosed target of 2030. The UAE could target 6 million bpd by 2030 if the 2025 goal is successful. The country's state-run oil major, Abu Dhabi National Oil Co., is now targeting 2025 to increase crude oil output to 5 million barrels per day, as elevated prices give major producers incentive to rush flows onto the market. Crude oil has abated somewhat in recent months, with Brent hovering around $89 Monday.

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