Iran-US nuclear talks: key points of contention hampering progress
Tehran, Iran - Long-time adversaries Iran and the United States held a fifth round of Oman-mediated nuclear talks on Friday in Rome, but with no breakthrough reported. However, both sides still described the meeting as constructive and expressed a willingness to continue the discussions. Here are some of the main...
ExxonMobil out of Russia
It has offices in Moscow and St Petersburg with 1,000 employees.US expels 12 Russian UN staff for ‘espionage activities’
The announcement of the expulsion came on the last day of Russia's presidency of the UN Security Council and it ceded the presidential seat to UAE on Tuesday.Iran says awaits ‘political decisions’ of Western parties in nuclear talks
All sides to the negotiations have signaled progress in the talks being held in the Austrian capital, but add that they are at a critical stage. Iran has repeatedly emphasized the need for the West to make certain "decisions".Oligarchs in the crosshairs as West targets Putin
Metals tycoon Oleg Deripaska from Russia has called for peace talks over Ukraine crisis "as soon as possible" between Russia and Ukraine.Palestine ignored in US deal on stolen antiquities
Chemi Shiff, a researcher from Israel said former Israeli military chief has committed an "archaeological theft" of Bronze Age sarcophagi from a cemetery in Gaza after the 1967 Six-Day War.UAE non-oil foreign trade grows by 27 percent in 2021 to $517 billion
The government said the non-oil foreign trade figures of all emirates also witnessed growth individually in varying levels. The growth was consistent across all areas, including exports, imports and re-exports.Iran says studying draft deal to restore nuclear agreement
The EU has been mediating between negotiators from Iran and a U.S. delegation to revive nuclear deal.US or Russia? Ukraine crisis poses dilemma for wealthy Gulf
Choosing sides in Ukraine's crisis would have once been easy for Gulf states long protected by the US, but growing ties with Moscow are forcing them to strike a balance. As the world rushed to condemn the Russian invasion of its smaller neighbour, the wealthy Gulf Cooperation Council (GCC) countries,...US offshore wind power lease sale nets record $4.3B
The six sites are in an area called the New York Bight and total 488,000 acres (197,500 hectares), making it the biggest U.S. renewable power auction ever.Sanctions bore in on Russia over Ukraine invasion
On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and his Foreign Minister Sergei Lavrov, including a travel ban for the two statesmen. Biden was the first world leader to announce sanctions, hours after Putin declared a "military operation" into...Global stocks rebound, oil slips as traders weigh Russia sanctions
In Europe, the three main indices all closed more than three percent higher, recovering most if not all of the previous day's losses, as Western nations held off from imposing sanctions that would cripple critical sales of Russian oil and gas.Dubai international pharma exhibition generates deals worth $1.38 bn
The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (DUPHAT 2022) has generated direct and indirect business deals worth AED5.1 billion ($1.38 billion). The largest of its kind in the region, DUPHAT 2022 was held at the Dubai World Trade Centre and featured the participation of...SWIFT: The Russia sanctions threat for Ukraine invasion
Ukrainian President Volodymyr Zelensky called on world powers on Thursday to cut Russia off from SWIFT, after Russian forces invaded his country on Wednesday.US Fed official sees big hike at March meeting, warns of Ukraine impact
Russia’s invasion of Ukraine threatens to drive up global commodity prices and disrupt the US recovery at a time of high inflationRussia attack on Ukraine turns Europe eyes to Saudi Arabia, Qatar
Qatar and Saudi Arabia host American troops, but their economic and political relations with Russia have grown over the years.Russia launches full-scale invasion of Ukraine as US vows ‘support’
Russian air strikes hit military facilities across the country and ground forces moved in from the north, south and east, triggering condemnation from Western leaders and warnings of massive sanctions. At least 40 Ukrainian soldiers and 10 civilians were killed.US declares Russia’s prized Nord Stream 2 pipeline ‘dead’
Although the pipeline is seen as an efficient way to supply energy to the European Union, which depends heavily on Moscow, critics always warned it would tighten Russia's strategic grip on European nations, while deliberately weakening Ukraine.Sudan sends delegation to Russia for talks on cooperation
A delegation of senior Sudanese officials, including the deputy leader of the country's military-led ruling body, headed to Russia on Wednesday for talks on cooperation, authorities said. Sudan has found itself increasingly isolated since an October 25 coup that has seen foreign aid cut as part of the international community's...Gas prices ‘in God’s hands’, producers warn as Ukraine crisis sparks surge
Major gas exporting nations said Tuesday they could not guarantee prices or supplies at a summit overshadowed by the worsening Ukraine crisis which has pushed costs to record highs in Europe. Qatar's emir, who hosted the talks, said gas producers were working to ensure "credible and reliable" supplies as Europe's...Iran calls for ‘restraint’ in Ukraine, blames West
Iran urged "restraint" from both Russia and Ukraine on Tuesday while blaming the United States and NATO for the sharp escalation of tensions.President Raisi of Iran arrives in Qatar for gas and nuclear talks
Iran's President Ebrahim Raisi arrived in Qatar on his first visit to a Gulf Arab state Monday for a major gas summit that will be dominated by tensions over Ukraine.GCC startups begin 2022 on a promising note
Digital economy has driven the startup investment upsurge in the MENA region in 2021.Israel sees Iran nuclear deal ‘shortly,’ warns it will be weaker
Israeli Prime Minister Naftali Bennett , who has been a staunch opponent of the 2015 deal, said his country will not be bound by a restored agreement and will retain the freedom to act if Iran advances towards producing a nuclear weapon.Taliban declare day of Soviet exit from Afghanistan as holiday
The Taliban on Tuesday declared February 15 a national holiday to mark the anniversary of the Soviet withdrawal from Afghanistan -- six months after they stormed into Kabul to topple the US-backed government.Investcorp acquires 64 industrial properties in US for US $640 million
The properties grow Investcorp’s US industrial real estate holdings to approximately $3.5 billion across approximately 32 million square feet comprised of more than 425 buildings.US discusses transfer deal with Afghans in UAE
US officials in the United Arab Emirates met with Afghans after a protest in Abu Dhabi this week and discussed their "potential" transfer to the United States, an embassy statement said.Iran says Vienna nuclear deal talks ‘complicated’ but ‘no impasse’
Iran is engaged in negotiations with Britain, China, France, Germany and Russia directly and with the United States indirectly to revive the deal formally called the Joint Comprehensive Plan of Action, which offered Tehran sanctions relief in exchange for curbs on its nuclear program.Big oil firms rebuked
Big oil companies said their 2021 profits were $66.7 billion.US warns Ukraine attack would bring ‘severe costs’ to Russia
Efforts to defuse the crisis in Ukraine via a frenzy of telephone diplomacy failed to ease tensions on Saturday, with US President Joe Biden warning that Russia faces "swift and severe costs" if its troops carry out an invasion.Putin and Biden discuss Ukraine crisis in a phone call
Russian leader Vladimir Putin on Saturday slammed Western claims of an imminent Moscow invasion of Ukraine as a "provocation" as he began new crisis talks with US President Joe Biden. Washington on Friday issued its most dire warning yet that Russia had assembled enough forces to launch a serious assault.Tesla makes 4th car recall
The decision was taken due to a feature that drowns out audible warnings.US President under pressure as Iran nuclear talks resume
The subject of the Iran nuclear deal has been somewhat on mute in Washington after 10 months of indirect talks failed to achieve the breakthrough that US President Joe Biden hoped for and a revival of the 2015 nuclear deal repudiated by his predecessor Donald Trump.Asian markets rise again as traders wait for US inflation data
Signs of lower tensions between Russia-Ukraine have put investors at ease.US to help UAE stop drone attacks
This comes amid recent attacks on the UAE by Houthi rebels from Yemen, which have prompted global condemnation.Talks to revive 2015 Iran nuclear deal to resume in Vienna
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This is a revision of an earlier proposal to divide into three companies.World leaders look to avert Russia-NATO clash over Ukraine
With war clouds gathering over Ukraine, international diplomacy goes into overdrive on Monday with the French and Russian presidents to talk in Moscow and the German chancellor heading to the White House to meet with US leader Joe Biden.Tehran and Washington ‘fail to produce balance’ in Vienna talks
Supreme National Security Council secretary Ali Shamkhani said that despite "limited progress in the #ViennaTalks, we are still far from achieving the necessary balance in the commitments of the parties'. Talks on reviving the agreement were halted last week and the negotiators returned to their capitals for consultations.Russia preparing full-scale invasion of Ukraine, says US
Russia has now put in place 70 percent of the forces it would need for such an attack, US officials have said.Jordan and US talk ties and renewed partnership
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US steps on lifting sanctions are "good but not enough", Iran said Saturday, following Washington's announcement it was waiving sanctions on Iran's civil nuclear program.US waives sanctions for Iran civil nuclear program
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China's President Xi Jinping declared the Beijing Winter Olympics open Friday as China tried to turn the page on a build-up overshadowed by human rights concerns, Covid and a US-led diplomatic boycott. Fireworks exploded over the "Bird's Nest", making Beijing the first city to host both a Summer and Winter...US to send warship, fighter jets to UAE after Houthi attacks
The deployment, to "assist the UAE against the current threat", follows a phone call between Defense Secretary Lloyd Austin and Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan. The UAE suffered its third missile attack in consecutive weeks on Monday.Pfizer seeks US approval of Covid vaccine for children under 5
Pfizer and BioNTech will soon ask US regulators for emergency authorization for a Covid-19 vaccine for children aged five and under, US media reported Tuesday. This is the last age group in the United States that is not yet eligible for coronavirus shots. As early as Tuesday, the companies could...Can’t rescue Europe alone if Russia cuts gas, says Qatar
Qatar's energy minister told the European Union on Tuesday that his country could not rescue Europe alone if Russia turned off gas supplies amid spiking tensions over Ukraine. But the minister, Saad al-Kaabi, told EU Energy Commissioner Kadri Simson that Qatar was ready to help Europe "in times of need"....Qatar emir meets Biden in shadow of Ukraine tensions
The move underscores the Qatar’s strategic importance, including in a scramble to shield European allies from potential Russian energy cutoffs.US condemns missile attack on the UAE
The United States has condemned the Houthi missile attack on the UAE. On Monday morning, the UAE air defense forces had intercepted and destroyed a ballistic missile launched by Houthis.Emir of Qatar to meet US President in Washington
US President Joe Biden will build on attempts to ensure energy back-up for European allies when he hosts Qatar's emir Monday in a White House meeting overshadowed by fears that Russia could cut exports over the Ukraine crisis.Applebees, IHOP in UAE soon
The first location is scheduled to open in Dubai later this year.