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OPEC crisis and future of Saudi-UAE alliance

The coronavirus pandemic hit the global oil industry hard. As countries imposed severe restrictions on domestic and international travel and transportation, the global oil demand drastically declined and oil prices collapsed, …

Blast rocks Dubai port causing large fire

An explosion inside a container on a ship docked at Dubai's Jebel Ali port late Wednesday caused a large fire and was felt across the city, authorities said. There were no reported deaths or injuries and the fire is under control, …

OPEC+ ministers reschedule talks due to lack of consensus

The meeting of the OPEC+ ministerial monitoring committee and the OPEC+ ministerial meeting will be held on Friday, July 2, the OPEC Secretariat said in a statement. As sources told TASS earlier, the ministers failed to reach an agreement on …

Israeli foreign minister to make first visit to UAE

Israel’s new foreign minister Yair Lapid will head to the United Arab Emirates next week for the first known visit by a top Israeli diplomat to the Gulf Arab country, the ministry said Monday. Lapid’s trip comes after …

UAE to produce China’s Sinopharm COVID-19 vaccine

The United Arab Emirates will start producing the Chinese Sinopharm Covid-19 vaccine from April, helping the Gulf state accelerate plans to supply coronavirus jabs around the world. Gulf Pharmaceutical Industries, also known as Julphar, …

Turkey’s normalization paradigm: Israel, Egypt, Gulf

“Normalization” is the buzzword around Turkey’s foreign policy this year and finally it seems that some results have been achieved. Turkish officials recently revealed that talks between Turkey and Egypt were underway regarding the restoration of ties and energy-related cooperation in the Eastern Mediterranean