Saudi Crown Prince visit Turkey in major posture change for Erdogan

Turkish President Recep Tayyip Erdogan R welcomes Saudi Arabia’s Crown Prince Mohammed bin Salman Al Saud in Ankara, Turkey, on June 22, 2022. Mustafa Kaya/Xinhua via Getty Images DUBAI, United Arab Emirates — Saudi Arabia’s Crown Prince Mohammed bin Salman has visited Turkey for the first time in years, marking a rapprochement between two of … Read more

Russia’s ruble is at strongest level in 7 years despite sanctions

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Jakub Porzycki | Nurphoto | Getty Images Russia’s ruble hit 52.3 to the dollar on Wednesday, an increase of roughly 1.3% on the previous day and its strongest … Read more

Israel signs trade deal with UAE, its biggest with any Arab country

Israeli national flags fly alongside United Arab Emirates national flags on the side of a road in Netanya, Israel, on Monday, Aug. 17, 2020. Kobi Wolf | Bloomberg | Getty Images DUBAI, United Arab Emirates — Israel and the United Arab Emirates on Tuesday penned a multi-billion dollar free trade agreement, the latest product of … Read more

Saudi Arabia says the kingdom’s hands are outstretched to Iran

Saudi Arabia is seeing some progress on dialogue with its longtime adversary Iran, but not enough, the kingdom’s Foreign Minister Prince Faisal bin Farhan al-Saud told CNBC on Tuesday. In the meantime, the minister says he is eager to improve the two countries’ relationship. “In Saudi Arabia, and I think it’s the same in the … Read more

Will Turkey block NATO membership for Sweden and Finland?

Turkish President Recep Tayyip Erdogan speaks ahead of the peace talks between delegations from Russia and Ukraine at Dolmabahce Presidential Office in Istanbul, Turkiye on March 29, 2022. Arda Kucukkaya | Anadolu Agency | Getty Images Turkish President Recep Tayyip Erdogan has doubled down on his opposition to Sweden and Finland joining the NATO alliance, … Read more

Ridiculous to think we can stop fossil fuel production immediately: CEO

Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world. Imaginima | E+ | Getty Images LONDON — The CEO of Standard Chartered believes it’s “ridiculous and naive” to think fossil fuel production can be immediately halted without any consequences, … Read more

Russia backs down on demands in Iran nuclear deal talks, making revival of 2015 pact imminent

A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images Russia has walked back its threat to torpedo the revival of the 2015 Iranian nuclear deal over … Read more

UAE reinstates visa-free entry for Ukrainians in quick reversal

A view of a street in Abu Dhabi, United Arab Emirates Valery Sharifulin | CASS | Getty Images DUBAI, United Arab Emirates — The Foreign Ministry of the United Arab Emirates announced Thursday that Ukrainian citizens will continue to have visa-free entry into the country, two days after it was announced that the policy had … Read more

Ballistic missiles intercepted over Abu Dhabi; U.S. State Department issues alert

Abu Dhabi skyline at sunrise on April 27, 2018 in Abu Dhabi, United Arab Emirates. Rustam Azmi | Getty Images DUBAI, United Arab Emirates – The United Arab Emirates intercepted two ballistic missiles over its capital Abu Dhabi early Monday morning, the official WAM news agency reported. “The Ministry of Defense announced on Monday that … Read more

Oil hits seven-year high as Houthi attack on UAE rattles regional tensions

A storage facility of oil giant ADNOC near the airport in the United Arab Emirates’ capital Abu Dhabi on January 17, 2022. AFP | Getty Images DUBAI, United Arab Emirates – The United Arab Emirates has vowed to retaliate against Houthi militants for a deadly attack on its capital Abu Dhabi on Monday that killed … Read more