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☆ Major Gulf markets mixed ahead of U.S. inflation data
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +2 min

Nov 8 (Reuters) - Major stock markets in the Gulf were mixed in early trade on Tuesday as crude oil prices fell and caution prevailed ahead of the release of U.S. inflation data. Crude prices hit their highest since August on Monday amid speculation leaders in top crude importer China were weighing an exit from the country's strict COVID-19 restrictions. Chinese health authorities doused that speculation on Saturday, reaffirming the country's commitment to its strict zero-COVID policy. State developer Nakheel secured 17 billion dirhams ($4.63 billion) in financing from local banks for new projects, including Dubai Islands and other waterfront developments. read moreThe transaction comprises 11 billion dirhams in refinancing and additional funds of 6 billion dirhams through a syndicate of three local lenders.

"Humanity has a choice: cooperate or perish,” Guterres told delegates gathered in the seaside resort town of Sharm el-Sheikh. And our planet is fast approaching tipping points that will make climate chaos irreversible,” he said. Signatories to the 2015 Paris climate agreement pledged to achieve a long-term goal of keeping global temperatures from rising by more than 1.5°C above pre-industrial levels. Guterres said that goal will only stay alive if the world can achieve net zero emissions by 2050. The World Trade Organization, meanwhile, said in a report published on Monday that it should tackle trade barriers for low carbon industries to address the role of global trade in driving climate change.

☆ Most Gulf stocks end higher, Abu Dhabi hits record high
▼ + stars: | 2022-11-07 | by ( Ateeq Shariff | Megan Rowling | ) www.reuters.com time to read: +2 min

Brent crude futures recouped most losses after dropping by more than $1/bbl earlier in the session on China lockdowns worries. read moreSaudi Arabia's benchmark index (.TASI) rose 0.7%, extending gains from the previous session, led by a 3% rise in Riyad Bank (1010.SE). Dubai's main share index (.DFMGI) gained 0.9%, with blue-chip developer Emaar Properties (EMAR.DU) rising 2.3%. In ABu Dhabi, the index (.FTFADGI) advanced 1.2% to hit a record high, buoyed by a 2.1% jump in the country's biggest lender, First Abu Dhabi Bank (FAB.AD). Outside the Gulf, Egypt's blue-chip index (.EGX30) advanced 2.4%, as most of the stocks on the index were in positive territory.

☆ COP27: What are they saying at the climate summit?
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +4 min

Nov 7 (Reuters) - World leaders, policymakers and delegates from nearly 200 countries are at the COP27 U.N. climate summit in Egypt, where they hope to keep alive a goal to avert the worst impacts of climate change. MIA MOTTLEY, PRIME MINISTER OF BARBADOS[1/4] Secretary-General of the United Nations Antonio Guterres speaks during the COP27 climate summit, in Sharm el-Sheikh, Egypt November 7, 2022. FORMER U.S. VICE PRESIDENT AL GORE"We have a credibility problem all of us: We're talking and we're starting to act, but we're not doing enough." MA'RUF AMIN, VICE PRESIDENT OF INDONESIA"One year after Glasgow, there has been no significant global progress. For this reason COP27 must be used not only to enhance ambition, but also implementation, including the fulfilment of support from developed to developing countries."

☆ Putin says Russia not working 'against anyone' in energy markets
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

Oct 11 (Reuters) - President Vladimir Putin said on Tuesday that Russia was not working against anyone on energy markets, a week after Washington criticised a decision by OPEC+ to steeply cut oil production. Speaking with the United Arab Emirates' President Sheikh Mohammed bin Zayed al-Nahyan, Putin said Russia aimed to create stability on energy markets and ensure that supply and consumption were balanced. Register now for FREE unlimited access to Reuters.com Register"Our actions are aimed at creating stability in the global energy markets, so that both consumers of energy resources and those involved in production, suppliers to the global markets feel calm, stable and confident. U.S. President Joe Biden has called on his administration and Congress to explore ways to boost U.S. energy production and reduce OPEC's control over energy prices after the cartel's "shortsighted" production cuts. The Kremlin on Sunday praised OPEC+ for agreeing production cuts that it said had successfully countered the "mayhem" sown by the United States in global energy markets.

☆ UAE president's visit to Russia to help reach 'solutions' to Ukrainian crisis -ministry
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: 1 min

Oct 10 (Reuters) - The United Arab Emirates foreign ministry said on Monday that President Sheikh Mohammed bin Zayed al-Nahyan's visit to Russia aims to help reach "effective political solutions" to the Ukrainian crisis, state news agency WAM reported. The ministry added that UAE "seeks to achieve positive results to reduce military escalation, reduce humanitarian repercussions, and reach a political settlement to achieve global peace and security." Register now for FREE unlimited access to Reuters.com RegisterReporting by Nayera Abdallah Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ UAE president to meet Russia's Putin on Tuesday -WAM
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

DUBAI, Oct 10 (Reuters) - United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan will travel to Russia on Tuesday to meet with President Vladimir Putin, UAE state news agency WAM reported on Monday. The announcement came less than a week after OPEC+, a group of oil producers that includes the UAE and Russia, agreed steep oil production cuts in defiance of U.S. pressure. The decision by Saudi-led OPEC and its Russia-led allies, the grouping known as OPEC+, has further strained relations between Washington and its traditional Gulf allies in Riyadh and Abu Dhabi, sources have said. read moreU.S. President Joe Biden's administration had pushed hard to prevent the production cut, hoping to keep a lid on gasoline prices ahead of midterm elections in which his Democratic Party could lose control of Congress. Biden flew to Jeddah in July for a Gulf summit to try to mend relations, but left without securing a deal for higher oil production.

☆ UAE, Oman to boost trade and investment ties
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Sept 28 (Reuters) - The UAE and Oman are exploring investment opportunities worth 30 billion dirhams and will increase bilateral economic cooperation in strategic sectors, according to a statement released during President Sheikh Mohammed bin Zayed's visit to the Sultanate. Considered one of the Gulf's weaker economies, increased trade and investment support from a regional heavyweight - the UAE is the Gulf's second biggest economy - will help the Sultanate progress with plans to diversify its economy away from oil. Register now for FREE unlimited access to Reuters.com RegisterADQ and OIA have previously signed a 10 billion dirham investment partnership agreement. The UAE and Oman have committed to long term economic development plans to diversify revenue away from hydrocarbons. The UAE, through funds such as ADQ, has intensified regional investments in sectors seen as strategic to the domestic economy.

☆ UAE signs energy agreement with Germany's Scholz
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +1 min

German Chancellor Olaf Scholz gestures during his joint news conference with Georgian Prime Minister Irakli Garibashvili following their meeting in Berlin, Germany, September 14, 2022. REUTERS/Christian MangSept 25 (Reuters) - The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerating energy security and industrial growth, the state news agency (WAM) reported on Sunday. Abu Dhabi National Oil Company (ADNOC) signed an agreement to supply liquefied natural gas (LNG) to German utility RWE , the report said. ADNOC will deliver the first shipment in late 2022 for use in the trial operation of a floating natural gas terminal in Brunsbuettel, the report said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Moataz Mohamed; Editing by David ClarkeOur Standards: The Thomson Reuters Trust Principles.

As Russia bombs its neighbor, what has become the biggest European war since 1945 has had an outsized impact far south, in the Middle East. Here are four ways the Ukraine war has affected the Middle East over the last six months:Energy exporters are cashing inThe war has seen oil prices rise to as much as a 14-year high. Despite vowing to turn Saudi Arabia into a pariah, US President Joe Biden visited Saudi Arabia in a landmark trip last month. Saudi Arabia: #How_many_wives_would_you_takeSaudi men took to Twitter to ask each other how many wives they’d like to take. According to the 2019 report by the Doha International Forum called State of Marriage in the Arab World, information on polygamy in Saudi Arabia is not readily available.

☆ (foto) Casa Albă ilustrată în cele mai bune fotografii ale anului 2015
▼ + stars: | 2016-01-02 | by ( Onixmedia Srl | Elena Este Omul Care Apreciază Oamenii Cu Ambiție | Dar Mai Mult Pe Cei Cu Valori. Ea Intenționează Să Trăiască O Veșnicie | ) diez.md time to read: +8 min

9 aprilie 2015: Președintele aliniază un curcubeu la Aeroportul Internațional Norman Manley înainte să plece de la Kingston, Jamaica. 16 aprilie 2015: Președintele se îndreaptă pe jos, prin grădina Casei Albe, spre sala unde este așteptat să semneze un act de reautorizare din 2015. 14 mai 2015: Președintele a găzduit un summit la Camp David cu Consiliul de Cooperare al Golfului. 8 iunie 2015: Președintele a fost la summitul G7 de la Krün, Germania. 13 iulie 2015: Președintele și personalul său de securitate națională zâmbesc la scurt timp după ce au fost informați despre acordul nuclear cu Iranul.

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