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☆ Qatar PM Says Gaza Ceasefire Negotiations 'Not Very Promising' in Recent Days
▼ + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

MUNICH (Reuters) - Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said on Saturday the pattern of negotiations for a framework ceasefire deal for the conflict between Israel and Hamas in Gaza was "not very promising" in recent days. "The pattern in the last few days are not really very promising but, as I always repeat, we will always remain optimistic and will always remain pushing," Sheikh Mohammed said at the Munich Security Conference. War in Israel and Gaza View All 209 Images"I believe in this agreement we are talking at a bigger scale and we still see some difficulties on the humanitarian part of these negotiations," he said. He added that he thought that if negotiations on the humanitarian element of any deal progressed then the obstacle over the numbers of those released would be ultimately tackled. Photos You Should See View All 33 ImagesTalks involving officials from Qatar, Egypt, Israel and the United States have so far not yielded a deal for a pause in the fighting.

Persons: Sheikh Mohammed bin Abdulrahman Al Thani, Sheikh Mohammed, Maha El Dahan, Hatem Maher, Frances Kerry Organizations: Qatar's, Munich Security, Hamas Locations: MUNICH, Israel, Gaza, Qatar, Egypt, United States

☆ IMF's Georgieva Says She's Confident on Economic Outlook Despite Uncertainties
▼ + stars: | 2024-02-11 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

DUBAI (Reuters) - The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was confident about the economic outlook despite uncertainties because the global economy has remained resilient. In a speech at the World Governments Summit in Dubai, Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit energy subsidies could save $336 billion in the Middle East, equivalent to the economies of Iraq and Libya combined. (Reporting by Maha El Dahan and Federico Maccioni; Writing by Rachna Uppal; Editing by William Mallard)War in Israel and Gaza View All 206 Images

Persons: Kristalina Georgieva, Georgieva, Maha El Dahan, Federico Maccioni, Rachna Uppal, William Mallard Organizations: Reuters, International Monetary Fund, World Governments Locations: DUBAI, Dubai, Iraq, Libya, Israel, Gaza

☆ Iraqi Kurdish PM Cancels Meeting With Iran Minister in Protest Over Attack - Source
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

BAGHDAD (Reuters) - Iraqi Kurdish Prime Minister Masrour Barzani cancelled a meeting with Iran's foreign minister at the World Economic Forum at Davos in Switzerland in protest over Iranian missile strikes on the Iraqi Kurdish city of Erbil, a source said on Wednesday. Iran late on Monday struck Erbil, the capital of Iraq's semi-autonomous Kurdistan region, with ballistic missiles in what it said was an attack on an Israeli spy headquarters, claims vehemently denied by Iraqi and Iraqi Kurdish officials. The attack killed at least four people, including a prominent Kurdish businessman and his infant child. The Iranian strikes have led to a rare diplomatic row with Iraq's government, with Baghdad filing a complaint against Iranian "aggression" at the United Nations Security Council and recalling its ambassador to Tehran. Iraqi Prime Minister Mohammed Shia al-Sudani, a Shi'ite, was brought to power with the backing of some pro-Iranian factions, but has been keen to show his government opposes any infringement on Iraq's sovereignty.

Persons: Masrour Barzani, Saddam Hussein, Mohammed Shia, Maha El, Timour Azhari, Andrew Heavens, Sharon Singleton Organizations: Iranian, Monday, United Nations Security Council, . Locations: BAGHDAD, Kurdish, Davos, Switzerland, Iraqi Kurdish, Erbil, Iran, Iraq's, Kurdistan, Iraqi, Baghdad, Tehran, Iraq, U.S, . Iraqi

☆ Qatar Pauses Red Sea Tankers After Western Strikes on Houthis
▼ + stars: | 2024-01-15 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

In the latest shift by a major firm, state-owned QatarEnergy has held at least four LNG tankers back from the Red Sea, a senior source said, adding that production continues. On Monday, carmaker Suzuki said production would halt at its Esztergom plant in Hungary from Jan. 15-21 as the Red Sea attacks had delayed the arrival of Japanese-made engines. U.S. ally Britain said it had no desire to be involved in a Red Sea conflict but was committed to protecting the right of free navigation. The Al Rekayyat, which was sailing back to Qatar, stopped along its route on Jan. 13 in the Red Sea. "It is a pause to get security advice, if passing (through the) Red Sea remains unsafe we will go via the Cape," the source told Reuters on Monday about QatarEnergy.

Persons: Andrew Mills, Maha, Maha El Dahan, QatarEnergy, carmaker Suzuki, Britain, Grant Shapps, Qatar's Al Ghariya, Al Huwaila, Al, Ras Laffan, Al Rekayyat, Maha El, Emily Chow, Sachin Ravikumar, Chandni Shah, Andrew Cawthorne, Catherine Evans Organizations: Houthi, Reuters, Qatari Locations: Maha El, Maha El Dahan DOHA, WASHINGTON, Yemen, Gaza, Saudi, Israel, The U.S, U.S, Esztergom, Hungary, Ras, Suez, Oman, Jan, Qatar, Red, Europe, Asia, Aden, Djibouti, Davos, Singapore, Doha, London, Bengaluru

☆ Aramco chief says renewables still not enough to cover demand
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: 1 min

President and CEO of Aramco Amin Nasser attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/ File photo Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Saudi oil giant Aramco's Chief Executive on Monday told a panel on the sidelines of the COP28 climate summit in the UAE that that all the renewable energy coming to market is still not enough to handle additional demand. Aramco CEO Amin Nasser added that more investment in the oil and gas sector is still needed. Reporting by Maha EL Dahan and Yousef Saba Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Amin Nasser, Hasnoor Hussain, Yousef Saba, David Goodman Organizations: Energy Asia, REUTERS, Rights, Maha, Thomson Locations: Kuala Lumpur, Malaysia, Saudi, UAE

☆ COP28: Abu Dhabi teams up with HSBC, others on climate finance think-tank
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: 1 min

DUBAI, Dec 4 (Reuters) - Abu Dhabi will host the newly launched Global Climate Finance Centre in partnership with nine founding members including the World Bank, lender HSBC (HSBA.L) and asset managers BlackRock (BLK.N) and Ninety One (N91.L). Described as an independent think-tank and research hub, the centre will look at barriers to investment into low-carbon projects and develop the financial frameworks to overcome them. "It will put Abu Dhabi and the UAE at the forefront of driving global change in sustainable finance, providing a positive legacy for years to come," COP28 President Sultan Al Jaber said in a statement on Monday. Reporting by Maha El-Dahan and Simon Jessop; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.

Persons: Abu, Sultan Al Jaber, Maha El, Simon Jessop, William James Our Organizations: Climate Finance, World Bank, HSBC, BlackRock, Thomson Locations: DUBAI, Abu Dhabi, UAE

On Monday, Prince Abdulaziz bin Salman, energy minister and the key climate negotiator, for the kingdom, was a no-show at the Saudi Green Initiative. "The climate finance that they have pledged at this COP28 is simply not enough," said Pakistani activist Zaigham Abbas, whose country was devastated last year by widespread flooding. Elsewhere, France and Japan said they would support a move by the African Development Bank to leverage IMF Special Drawing Rights for climate and development. This year also features the biggest-ever representation of business at the annual U.N. summit, amid hopes for more private investment toward climate causes. "The scale of the climate crisis demands urgent and game-changing solutions from every industry," COP28 President Ahmed Al-Jaber said.

Persons: COP28, Johanna Geron, Prince Abdulaziz bin Salman, Crown Prince Mohammad bin Salman, Nicholas Stern, Mia Mottley, Antonio Guterres, Zaigham Abbas, Abu Dhabi, Ahmed Al, Jaber, Simon Jessop, Maha El, Al Sayegh, Alexander Cornwell, Elizabeth Piper, David Stanway, Katy Daigle Organizations: of, European Union, REUTERS, Companies, Saudi, United, United Arab Emirates, Saudi Green Initiative, Crown, Grantham Research, Asian Peoples ' Movement, Development, African Development Bank, European Bank for Reconstruction, Copenhagen Infrastructure Partners, BlackRock, HSBC, Finance, Reuters, Thomson Locations: Dubai, Brussels, Belgium, Companies UAE, DUBAI, COP28, United Arab, Saudi Arabia, Sharm el, Sheikh, Egypt, Paris, China, Grantham, Barbados, France, Japan, Copenhagen, Abu

Saudi Arabia, Russia and other members of OPEC+ pump more than 40% of the world's oil, or some 43 million bpd. Two OPEC+ sources told Reuters a preliminary agreement has been reached for a cut of more than 1 million bpd. This would include Saudi Arabia extending the voluntary cut of 1 million bpd it has had in place since July plus additional contributions from other members, sources said. "It depends on other group participants, could be near or more," the third source said when asked about the possible 1 million bpd cut. The OPEC+ meeting coincides with the opening of the United Nations' COP28 climate summit being hosted by OPEC member the United Arab Emirates.

Persons: Dado Ruvic, Helima Croft, Alex Lawler, Olesya Astakhova, Maha El Dahan, Ahmad Ghaddar, David Goodman, Jason Neely Organizations: REUTERS, OPEC, Reuters, Saudi, Brent, RBC Capital Markets, International Energy Agency, United Nations, United, United Arab Emirates, Thomson Locations: OPEC, MOSCOW, DUBAI, Saudi Arabia, Russia, United Arab

REUTERS/Dado Ruvic/File Photo Acquire Licensing RightsDUBAI/LONDON, Nov 29 (Reuters) - OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to a meeting scheduled for Thursday currently expected, two sources from the producer group said on Wednesday. On Tuesday, sources had said a further delay to the meeting was possible amid talks which one of them described as difficult as countries maintained their positions. "The negotiations are ongoing, but no delay is expected," one of the sources said. OPEC+ sources said this was because of a disagreement over output quotas for African producers, though sources since said the group had moved closer to a compromise on this point. OPEC+ talks over production quotas have often been difficult in the past, most recently at their June meeting, which extended existing oil output cuts into 2024 and agreed the increase for the UAE because of its efforts to expand production capacity.

Persons: Dado, Maha El, Olesya Astakhova, Alex Lawler, Ahmad Ghaddar, Mark Potter, Kim Coghill Organizations: REUTERS, Rights, United, Brent, OPEC, Thomson Locations: Rights DUBAI, LONDON, OPEC, United Arab Emirates, UAE, Saudi Arabia, Russia, Saudi

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - OPEC+ talks on 2024 oil policy are difficult, making a rollover of the previous agreement a possibility rather than deeper production cuts, four OPEC+ sources said on Tuesday. Two of the sources said an additional cut - a step that sources have said would be looked at - was not being actively discussed. OPEC+ sources said this was because of a disagreement over output levels for African producers, though sources have since said the group has moved closer to a compromise on this point. OPEC's previous meeting in June had already extended output cuts into 2024.

Persons: Leonhard Foeger, Brent, Maha El Dahan, Ahmad Ghaddar, Olesya, Alex Lawler, Kirsten Donovan, Susan Fenton, David Goodman Organizations: Organization, REUTERS, of, Petroleum, Reuters, OPEC, Thomson Locations: OPEC's, Vienna, Austria, OPEC, Russia, Saudi Arabia, Saudi

Survivors recounted executions and looting in Ardamata, which they said were carried out by RSF and allied Arab militias. The RSF developed from Arab militias known as the Janjaweed that helped Sudan's army crush a rebellion in Darfur in the 2000s. Atta said the UAE had funnelled unspecified supplies to the RSF through Uganda, the Central African Republic (CAR) and Chad. Sudan's army, Chad and the CAR did not immediately respond to requests for comment. While the UAE backed Sudan's aborted political transition after the 2019 overthrow of Omar al-Bashir, it has remained publicly quiet on the war.

Persons: El Tayeb, Yassir al, Atta, RSF, General Abdel Fattah al, Burhan, Omar al, Bashir, Nafisa Eltahir, Khalid Abdelaziz, Maha El, Elias Biryabarema, Aidan Lewis, Alex Richardson Organizations: REUTERS, Rights, Sudanese, United, Rapid Support Forces, Army, UAE, General Intelligence Service, Reuters, Central African Republic, Wagner Group, CAR, Thomson Locations: West Darfur, Adre, Chad, Ardamata, Arab, El, Rights CAIRO, United Arab Emirates, UAE, Darfur, Omdurman, Sudan, Chadian, Amdjarass, Uganda, Chad's, Ndjamena, Russia, Khartoum, Maha El Dahan, Dubai, Kampala

Secretary General of Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. "This presents an extremely narrow framing of challenges before us, and perhaps expediently plays down such issues as energy security, energy access and energy affordability," Al Ghais said in a statement. Al Ghais has said OPEC would be present at the climate talks. In Thursday's note, the IEA was also critical of carbon capture technologies. It is that the energy challenges before us are enormous and complex and cannot be limited to one binary question," Al Ghais said.

Persons: Haitham Al Ghais, Hasnoor Hussain, Al Ghais, facto, Maha El, Mark Potter Organizations: Organization of, Petroleum, Energy Asia, REUTERS, IEA, Dubai DUBAI, International Energy Agency, of the Petroleum, United Arab Emirates, Thomson Locations: Kuala Lumpur, Malaysia, Dubai, Paris, UAE, OPEC, Saudi Arabia, Egypt, U.N, Russia, Ukraine

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsLONDON/MOSCOW, Nov 24 (Reuters) - OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, four OPEC+ sources told Reuters, after disagreements over those targets forced the group of oil-producing nations to postpone a key meeting. As of October, Angola was pumping less than its quota for 2024, according assessments by independent sources cited by OPEC. Nigeria is pumping close to its 2024 quota of 1.38 million bpd but less than a 2024 level of 1.58 million bpd being considered for it subject to independent assessments. The market is also waiting to see if Saudi Arabia extends its additional 1 million bpd voluntary production cut, which is due to expire at the end of December.

Persons: Leonhard Foeger, OPEC Gabriel Tanimu Aduda, Maha El, Jason Neely Organizations: Organization, REUTERS, Reuters, of, Petroleum, Brent, OPEC, Thomson Locations: OPEC's, Vienna, Austria, MOSCOW, Angola, Nigeria, Russia, OPEC, Saudi Arabia, Maha El Dahan, Dubai

☆ Bahrain seeks to balance anger over Gaza with ties to Israel, US
▼ + stars: | 2023-11-24 | by ( Alexander Cornwell | ) www.reuters.com time to read: +7 min

The deal to normalise ties with Israel, signed in 2020 by Bahrain when Donald Trump was president, brought few business benefits to Bahrain, unlike those it offered United Arab Emirates, a regional commercial hub which signed at the same time. Six sources familiar with the matter told Reuters Bahrain would not abandon its ties with Israel, even though parliament - a body that remains subservient to the monarchy - has made a strident statement suggesting Israel relations were in the freezer. Bahrain is trying to preserve the relationship with Israel while also managing public opinion, one of the sources said. "They can't abandon normalisation with Israel without endangering this whole strategic framework," said Kristin Smith Diwan, a researcher at the Arab Gulf States Institute in Washington. The sources said the public confusion over relations with Israel appeared to have eased pressure on the government in its efforts to balance domestic outrage and ties with Israel.

Persons: Hamad I Mohammed, Donald Trump, Kristin Smith Diwan, Abraham, Israel, Mamdooh Al Saleh, Smith, Tobias Lindner, Alexander Cornwell, Maha El, Ari Rabinovitch, Dan Williams, Michael Georgy, William Maclean Organizations: Hamas, REUTERS, Rare, U.S . Navy Fifth Fleet, United, Reuters, Gulf States Institute, Bahraini, Abraham, Islamic, Abraham Accords, Thomson Locations: Israel, Palestinian, Muharraq, Bahrain, MANAMA, Gaza, Gulf, United States, Iran, Manama, United Arab Emirates, Reuters Bahrain, Washington, UAE, Saudi Arabia, Bahraini, Jerusalem, Bahrainis, Tehran, Islamic Republic, East, U.S, Kingdom of Bahrain, Maha El Dahan, Dubai

OPEC+ said after its last meeting in June that the 2024 output quotas of Angola, Nigeria and Congo were conditional on reviews by outside analysts. "The postponement of the meeting also shows there are some different views among the group participants." A view of logo of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, June 2, 2023. Saudi Arabia, Russia and other OPEC+ members have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global demand, in a series of steps that started in late 2022. This figure includes a 1 million bpd voluntary reduction by Saudi Arabia and a 300,000 bpd cut in Russian oil exports, both of which last until the end of 2023.

Persons: Giovanni Staunovo, Brent, Leonhard Foeger, Alexander Novak, Prince Abdulaziz bin Salman, Helima Croft, Croft, Nadine Awadalla, Nayera Abdalla, Ahmad Ghaddar, Vladimir Soldatkin, El, Alex Lawler, Jason Neely, Mark Potter, Kirsten Donovan, Deepa Babington Organizations: Oil, DUBAI, Organization of, Petroleum, REUTERS, Russian, Saudi Energy, OPEC, RBC Capital, Bloomberg News, Thomson Locations: LONDON, OPEC, Angola, Nigeria, Congo, Russia, Vienna, Austria, OPEC's Vienna, Saudi Arabia

A view of logo of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, June 2, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsSummary OPEC+ had been scheduled to meet on SundayOil drops almost 5% as delay raises questions about output cutsDelay shows there are some different views in group - analystDUBAI/LONDON, Nov 22 (Reuters) - OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts to Nov. 30 from Nov. 26, OPEC said in a statement on Wednesday, a surprise development that sparked a further drop in oil prices. The delay to the meeting into next week might be to allow more time for countries to discuss both compliance with existing output cuts and potential additional cuts, an OPEC+ source said, declining to be named. Saudi Arabia, Russia and other OPEC+ members have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global demand, in a series of steps that started in late 2022. This figure includes a 1 million bpd voluntary reduction by Saudi Arabia and a 300,000 bpd cut in Russian oil exports, both of which last until the end of 2023.

Persons: Leonhard Foeger, Giovanni Staunovo, Brent, Helima Croft, Nadine Awadalla, Nayera Abdalla, Ahmad Ghaddar, Vladimir Soldatkin, El, Alex Lawler, Jason Neely, Mark Potter, Kirsten Donovan Organizations: Organization of, Petroleum, REUTERS, Sunday, DUBAI, RBC Capital, Bloomberg News, Thomson Locations: Vienna, Austria, LONDON, Russia, OPEC, OPEC's Vienna, Saudi Arabia

Concern about demand and a possible surplus next year has pressured prices, despite support from the OPEC+ cuts and conflict in the Middle East. The cuts include 3.66 million bpd by OPEC+ and additional voluntary cuts by Saudi Arabia and Russia. Two other OPEC+ sources said deeper cuts could be discussed. "It is not pleasant to see that market volatility is greater ahead of the next meeting while fundamentals overall remain solid," one of the OPEC+ sources said. While three sources said more cuts could be required, two other OPEC+ sources said it was too early to say whether further cuts will be discussed, while another said he did not think it was likely with the caveat to "wait and see".

Persons: Dado Ruvic, Brent, Olesya Astakhova, Alex Lawler, Ahmad Ghaddar, El, Dmitry Zhdannikov, Simon Webb, David Evans Organizations: REUTERS, Oil, OPEC, Ministers, Organization of, Petroleum, Saudi Energy Ministry, International Energy Agency, Reuters, Energy, Thomson Locations: Saudi Arabia, LONDON, East, Russia, OPEC, Saudi

☆ 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

☆ Mossad, CIA chiefs meet Qatar PM in Doha on Gaza hostage deal -source
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mary F. Calvert/File photo Acquire Licensing RightsDOHA, Nov 9 (Reuters) - The CIA and Mossad chiefs met with the Qatari prime minister in Doha on Thursday to discuss the parameters of a deal for hostage releases and a pause in Hamas-Israel fighting in the Gaza Strip, a source briefed on the meeting told Reuters. Sheikh Tamim was accompanied by the Qatari prime minister. The statement said the purpose of the visit was to discuss the situation in Gaza. Unlike Qatar, the UAE has had diplomatic relations with Israel since a U.S.-brokered normalisation agreement in 2020. Reporting by Andrew Mills; writing by Maha El Dahan; editing by Toby Chopra and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: William Burns, Mary F, David Barnea, Sheikh Mohammed Bin Abdulrahman, Thani, Qatar's Emir Sheikh Tamim bin Hamad Al Thani, Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Tamim, Andrew Mills, Maha El, Toby Chopra, Mark Heinrich Our Organizations: Central Intelligence Agency, Intelligence, REUTERS, Rights DOHA, CIA, Reuters, Qatari, Wednesday, United Arab, Thomson Locations: Washington , U.S, Doha, Israel, Gaza, Qatar, Qatar's, United Arab Emirates, Abu Dhabi, UAE, U.S

☆ Saudi Arabia says will host Arab and Islamic summits to discuss Gaza conflict
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Saudi Arabia's Minister of Investment Khalid Al Falih gestures during the opening session of the Future Investment Initiative Conference in Riyadh, Saudi Arabia, October 26, 2021. REUTERS/Ahmed Yosri/File Photo Acquire Licensing RightsSINGAPORE, Nov 8 (Reuters) - Saudi Arabia will host summits of Arab and Islamic nations in coming days to discuss the Israeli-Palestinian conflict, Saudi Arabia's investment minister said on Wednesday. "We will see, this week, in the next few days Saudi Arabia convening an emergency Arab summit in Riyadh," said Saudi investment minister Khalid Al-Falih, at the Bloomberg New Economy Forum in Singapore. "In a few days you will see Saudi Arabia convening an Islamic summit," he said. Falih also said Saudi Arabia would convene a summit with African nations, without specifying a date.

Persons: Investment Khalid Al Falih, Ahmed Yosri, Khalid Al, Ebrahim Raisi, Falih, Tom Westbrook, Maha El, Shri Navaratnam Organizations: Saudi, Investment, Future Investment Initiative, REUTERS, Rights, Bloomberg, Economy, of Islamic, Thomson Locations: Riyadh, Saudi Arabia, Rights SINGAPORE, Saudi, Singapore, of Islamic Cooperation, Iranian, Tehran, China, Maha El Dahan, Dubai

REUTERS/Ramzi Boudina//File Photo Acquire Licensing RightsDUBAI, Nov 5 (Reuters) - Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output cuts until the end of the year as concerns over demand and economic growth continue to weigh on crude markets. Saudi Arabia confirmed it would continue with its additional voluntary cut of 1 million barrels per day (bpd) translating into a production of around 9 million bpd for December, a source at the ministry of energy said in a statement. Following the Saudi statement, Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Saudi Arabia, OPEC's de-facto leader, first made the voluntary cut for July as an addition to a broad supply-limiting deal first agreed by some members of OPEC+ in April. The kingdom said in September it would extend its additional voluntary cut until the end of the year, and review the decision monthly.

Persons: Ramzi Boudina, OPEC's, Omar Abdel, El, Alexander Smith, Sharon Singleton, David Evans Organizations: Organization of, Petroleum, REUTERS, Rights, OPEC, Saudi, Brent, Analysts, Thomson Locations: OPEC, Algiers, Algeria, Rights DUBAI, Saudi Arabia, Russia, Moscow, East, Vienna

☆ 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

WAR IN YEMENThe war began in late 2014 when Sanaa was seized by the Houthis. Saudi Arabia has been holding talks with the Houthis in a bid to exit the war. But the Houthi attacks on Israel have increased the risks of conflict for Saudi Arabia. Part of an "Axis of Resistance" backed by Iran, the Houthis have rallied behind the Palestinians since Hamas attacked Israel. The Houthis' slogan is "Death to America, Death to Israel, curse the Jews and victory to Islam".

Persons: Houthis, Sanaa, Yahya Saree, Saree, Nick Macfie Organizations: ISRAEL Houthi, ., AIM, United Arab, Thomson Locations: DUBAI, Israel, Sanaa, Yemen, Islam, Saudi Arabia, YEMEN, Shi'ite Iran, Saudi, Aden, Egypt, Iran, America, IRAN, United Arab Emirates, Iranian

☆ Yemen's Houthis say they launched missiles, drones at Israel
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Oct 31 (Reuters) - Yemen's Iran-backed Houthi group said it launched a "large number" of drones and ballistic missiles towards Israel on Tuesday, after Israel's military said it downed an approaching "aerial target" off the Red Sea city of Eilat. The operation was the third targeting Israel and there would be more, Houthi military spokesperson Yahya Saree said in a televised statement. There were no reports of any missiles or drones hitting Israeli territory from the Red Sea on Tuesday. Last week, Israel accused the Houthi movement of sending drones that caused explosions in two Egyptian towns on the Red Sea, saying they were intended to strike Israel. The Pentagon said a U.S. Navy warship on Oct. 19 intercepted three cruise missiles and several drones launched by the Houthi movement from Yemen potentially toward Israel.

Persons: Yahya Saree, Saree, Yemen's, Abdel, Malek, Israel, Ari Rabinovitch, Maha El, Jason Neely, Ed Osmond, Tomasz Janowski, Andrew Heavens Organizations: Israel, Hamas, Hezbollah, Reuters, Pentagon, U.S . Navy, Thomson Locations: DUBAI, Iran, Israel, Sea, Eilat, Gaza, U.S, Iraq, Saudi, Saudi Arabia, Yemen

His statement confirmed the widening scope of a conflict that has unnerved states including the world's biggest oil exporter Saudi Arabia, hardening fears of spillover as Israel seeks to destroy Hamas in its Gaza Strip stronghold. The Houthis have demonstrated their missile and drone capabilities during the Yemen war in attacks on Saudi Arabia and the United Arab Emirates. Saudi Arabia has been holding talks with the Houthis in a bid to exit the war, as Riyadh focuses on economic priorities at home. But Houthi missile and drone attacks on Israel have increased the risks of conflict for Saudi Arabia. Saudi analyst Aziz Alghashian said Saudi Arabia would be worried about the conflict spilling across its own borders.

Persons: Yahya Saree, spillover, Saree, Tzachi Hanegbi, Hossein Amirabdollahian, Mohanad Hage Ali, Aziz Alghashian, Nadine Awadalla, Nayera Abdallah, Tom Perry, Henriette Chacar, Ari Rabinovitch, Mohamed Ghobari, Angus MacSwan, Gareth Jones Organizations: Resistance, Mideast DUBAI, ., Israeli National Security, U.S, Lebanese, United, United Arab Emirates, Zionist, Carnegie Middle East Center, Thomson Locations: Iran, Israel, Sanaa, Saudi, Saudi Arabia, Gaza, Egypt, America, United States, Iraq, Syria, Yemen, United Arab, Iranian, Qatar, SAUDI, Riyadh, Jordan, Tehran, Dubai, Beirut, Parisa, Jerusalem, Aden

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