|
|
|
01.06.26 - 12:30
|
Billionaire Alabbar and Top UAE Firm Eye Troubled IFFCO (Bloomberg)
|
|
|
United Arab Emirates' conglomerate IFFCO Group has drawn preliminary interest from multiple bidders including a firm overseen by a prominent member of Abu Dhabi's royal family and a Dubai-based billionaire, according to people familiar with the matter....
|
|
|
|
|
31.05.26 - 12:24
|
Sky exits UAE news venture after genocide denial accusations (The Guardian)
|
|
|
Sky News Arabia to retain its name in brand licensing deal after criticism of its coverage of the war in SudanSky is exiting its TV news joint venture with the United Arab Emirates (UAE), Sky News Arabia, which has been criticised for its coverage of the war in Sudan, with accusations of genocide denial.Sky and its partner IMI - the investment vehicle controlled by Sheikh Mansour bin Zayed al-Nahyan, the vice-president of the UAE and owner of Manchester City - have announced a new commercial deal in which the UK-based broadcaster will relinquish all strategic and operational ownership of the 24-hour Arabic language news and current affairs service. Continue reading......
|
|
|
27.05.26 - 06:12
|
Why the UAE walked away from OPEC (CNBC)
|
|
|
The United Arab Emirates' decision to leave OPEC after nearly 60 years marks a major shift in the global oil order. Officially framed as an economic decision, the move reflects Abu Dhabi's frustration with production limits, its push to monetize oil reserves and a changing energy market where non-OPEC+ producers are gaining influence. But the timing also points to deeper geopolitical forces: the Iran war, shifting Gulf alliances and Abu Dhabi's closer alignment with the U.S....
|
|
|
|
|
|
|
|
|
|
|
24.05.26 - 19:12
|
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete (ZeroHedge)
|
|
|
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete
Authored by Evgenia Filimianova via The Epoch Times (emphasis ours),
The head of the UAE's state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions and competing maritime controls reshape global energy routes.
UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber, who's also the managing director and group CEO of the Abu Dhabi National Oil Company, speaks via video during a presentation at the 44th annual CERAWeek by S&P Global conference at the Americas Hilton-Houston in Texas on March 23, 2026. CERAWeek by S&P Global
Sultan Ahmed Al Jaber, chief executive of the Abu Dhabi National Oil Company, said during an interview at the Atlantic Council that the project is being accelerated toward a planned 2027 completion date.
"Right now, too much of the world's energy still moves through too few choke po...
|
|
|
|
|
|
|
21.05.26 - 12:21
|
Dubai′s Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece (ZeroHedge)
|
|
|
Dubai's Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece
Via Middle East Eye
Some shipping industry workers based in Dubai are looking to relocate from the UAE as a result of the US-Israeli war on Iran, one ship-owner and two industry sources familiar with the matter told Middle East Eye.
Western expats working in the maritime industry are eyeing the Greek capital, Athens , and Cyprus as potential alternatives to Dubai, given those countries' dominant positions in shipping and the favorable tax policies they offer the industry, the sources said.
via AFP
The search for alternatives to Dubai underscores how some expats, particularly westerners with easy access to Europe, do not expect the Gulf to return to its pre-war position anytime soon.
Around 2,000 vessels are trapped in the Gulf as a result of competing US and Iranian blockades of the waterway. But the shipping industry is experiencing a boom as a result of the war. The lockdown of vessels has compressed suppl...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|