UAE investments abroad reach US$2.5trn in beginning of 2024, says UAEIIC
ABU DHABI, UAE – The United Arab Emirates has solidified its position as a leading regional and global player in...Business Economy Geostrategy Global
Dubai approves rise in energy, water efficiency programs
DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st...Business Economy Energy Geostrategy
UAE to send astronaut on six-month International Space Station mission
The United Arab Emirates announced Friday it will send an astronaut on a six-month mission to space, as it seeks...The country signed "a new agreement to send the first Arab astronaut on a long 180-day mission to the International Space Station", tweeted UAE's vice president Sheikh Mohammed.
The astronaut will be part of the SpaceX Crew-6 mission, scheduled for launch in 2023.
Libya losing $60 million a day from oil facilities shutdown: Minister
Oil is the lifeblood of the North African country trying to move past a decade of conflict since the fall...The Libyan closures follow the selection of a new PM, Fathi Bashagha, by Libya's eastern-based parliament in a direct challenge to Tripoli-based interim PM Abdulhamid Dbeibah.
Analysts say eastern Libyan forces who back Bashagha have forced the closure of the oil facilities in a bid to press Dbeibah to step down.
Erdogan discusses Saudi-Turkish relations during his visit to oil kingdom
Turkish President Recep Tayyip Erdogan met with Saudi Arabia's crown prince on Thursday to "develop" relations during his visit to...The pair "reviewed the Saudi-Turkish relations and ways to develop them in all fields," SPA reported
Pictures published by Turkish state media also showed a separate sit-down with King Salman, the crown prince's father.
Tunisia must address democracy concerns for aid, says US
“At the very least,’ Tunisia needs to go ahead with parliamentary elections promised by the end of the year, a...Tunisia has been seeking a loan package from the IMF, in which the US is the largest stakeholder
The country is currently coping with an economic crisis aggravated by the Covid-19 pandemic
Saudi-led coalition to free 163 Yemen rebels for Eid
The move came after a Houthi official called this week for both sides to release 200 prisoners before the coming...The Houthis took over Sanaa in 2014, prompting the Saudi-led military intervention to support the government the following year
This effectively ignited a war that has caused what the United Nations has called the world's worst humanitarian crisis
Lebanon running out of passport stocks
Authorities concerned say that since 2020, requests for passport renewals have been ten times higher than in previous years.Grappling with its worst-ever financial crisis, Lebanon has undergone a massive population exodus that is only worsening as politicians fail to chart a path towards recovery.
According to an Arab Barometer survey published this month, around half of Lebanon's population is looking to exit the country.
Erdogan tells Putin ‘ready to do more’ to end Ukraine war
Turkish President Recep Tayyip Erdogan told Russia's Vladimir Putin on Thursday that Ankara was ready to do more to end...Erdogan's office said that Putin "thanked" the Turkish leader for helping arrange the exchange of ex-Marine Trevor Reed for the former Russian pilot Konstantin Yaroshenko
Turkey hosted a meeting between Russian and Ukrainian negotiators in Istanbul and another between Lavrov and Ukrainian counterpart Dmytro Kuleba in Antalya last month
US calls for ‘immediate’ end to Libya oil shutdowns
Libya's reduced output also comes as global oil prices remain under pressure since Russia, an OPEC+ producer, invaded Ukraine in...Libya's output of oil have been halved to around 600,000 barrels per day because of the closing of several sites this month
Eastern Libyan have forced the closure of oil facilities to force Tripoli-based premier Abdulhamid Dbeibah to step down
Algeria threatens to cut gas contract with Spain
Gas giant Algeria threatened Wednesday to break a contract to supply gas to Spain if Madrid transferred it onwards to...Algeria, Africa's largest gas exporter, previously also supplied gas through a second GME (Gaz Maghreb Europe) pipeline, which links Spain to Algeria via Morocco
But Algiers in November shut supply through the GME due to a diplomatic rupture with Rabat, depriving Morocco of Algerian gas
Turkey may still buy missile system from Russia
NATO member Turkey said it was still talking to Russia about procuring the second batch of one of its most...Turkey's leading role in trying to mediate an end to the conflict through direct negotiations has helped to improve its relations with Washington
Turkey is looking to modernize its airforce after being kicked out of the F-35 fighter jet program because of its purchase of the Russian missiles
