St. Petersburg: After meeting with UAE’s Sheikh Mohamed Bin Zayed Al Nahyan, Russian President Putin said that despite all the difficulties in international relations today, ties between Russia and the UAE are an important factor of stability in the region and the entire world. President Putin stated that the decision of OPEC Plus is not […]
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Tehran: ‘The UAE should not participate in the war in Yemen, nor should they support Saudi in this war. Otherwise, the future of the UAE will be terrifying,’ threatened the Houthi rebel group in Yemen. The ceasefire in Yemen ended last week. It is claimed that the conflict will flare up again as the Houthi […]
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New Delhi: Trade Minister of the United Arab Emirates (UAE) Thani bin Ahmed Al Zeyoudi is on a visit to India. He had a discussion with Commerce Minister Piyush Goyal. At this time, India’s trade with the UAE will reach 100 billion dollars in the next two to three years, the Trade Minister of the […]
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Washington: OPEC Plus countries have decided to cut crude oil production by 2 million barrels per day to stop the crashing fuel prices in the international market. This is likely to push fuel prices to $110 per barrel. The United States has reacted strongly to this decision taken on the initiative of Saudi Arabia and […]
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Vienna/Washington: OPEC Plus, a group which includes the world’s leading fuel-producing countries, has decided to decrease crude oil production by two million barrels per day. This decision is considered to be a significant diplomatic victory for Russia. The United States has strongly reacted to this, and the Biden administration has criticised the announcement as protecting […]
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Washington/ Vienna: A meeting of OPEC, the leading organization of fuel-producing countries, and OPEC Plus, which includes other producing countries, was held on Wednesday. Given the signs of global recession and other factors, a decision may have been taken to cut fuel production in this meeting. However, the United States has started strong efforts to […]
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Istanbul: The rate of inflation in Turkey has increased tremendously owing to the economic policies and decisions of President Recep Tayyip Erdogan. This inflation rate has reached 83.45%. Besides, it is the first time in the last 24 years that Turkey is facing such severe inflation. It is claimed that this figure quoted in the […]
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New York/Abu Dhabi: ‘Iran, which has been occupying three islands of the United Arab Emirates (UAE) for more than five decades, should give up its control.’ Historically and according to international norms, the UAE has sovereign rights over all three islands. Therefore, UAE demanded to the United Nations that Iran should hand over these islands […]
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Berlin: Germany is on the brink of recession as Russia restrains its energy supply. Germany is now looking at Saudi and UAE to establish cooperation to overcome dependency on Russia. Last week, the German chancellor, Olaf Scholz, urgently visited the Middle East. He signed an important agreement with the UAE and initiated a discussion to […]
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Washington: In the wake of rising fuel prices and rising inflation triggered by the Russia-Ukraine conflict, US President Joe Biden has decided to open the ‘Strategic Petroleum Reserves’. It has been revealed that these reserves, created to meet the United States’ fuel needs during an emergency, are rapidly depleting. The US Department of Energy reported […]
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