Top- News zu Vereinigte Arabische Emirate

 

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...

Balyasny Asset Management has built a Dubai-based pod focused on Latin American stocks, people familiar with the matter said....

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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...

The UAE has redirected some oil exports through an existing pipeline to Fujairah, which has a maximum capacity of 1.8 million barrels per day....

Die Blockade der Straße von Hormus trifft Erdölländer wie die Vereinigten Arabischen Emirate hart. Eine neue Pipeline soll helfen, sich davon zu lösen. Sie wird offenbar früher fertig als gedacht....

Die Blockade der Straße von Hormus trifft Erdölländer wie die Vereinigten Arabischen Emirate hart. Eine neue Pipeline soll helfen, sich davon zu lösen. Sie wird offenbar früher fertig als gedacht....

Austria's economy minister urged the European Union to accelerate free-trade talks with the United Arab Emirates, after state-owned chemical companies in both nations recently completed a merger worth more than $60 billion....

WASHINGTON (dpa-AFX) - The UN Security Council met in an emergency session in New York to discuss the situation in the Middle East following reports of a drone strike near the Barakah Nuclear Powe......

New Zealand meat processor Silver Fern Farms has airfreighted 90 tonnes of chilled lamb and beef from Auckland to Abu Dhabi on a single ......

Dubai-based Averi Finance is in talks with Mantengu Ltd. over a reverse takeover of the South African mining firm that would result in the Middle Eastern company listing in Johannesburg....

Kuwait is accelerating a strategy to hold crude reserves overseas to insulate international supply chains from mounting geopolitical risks in the Gulf....

Nigeria Needs New Export Markets As UAE's Exit Rattles OPEC By Tsvetana Paraskova of Oilprice.com Nigeria should market its crude oil to new buyers as the UAE's decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN). The official urged Nigeria's state oil and gas firm NNPC and other producers of Nigerian crude to tap new markets. “When OPEC gives you a quota, it's left for you to find who is going to buy it,” Nigerian outlet This Day quoted Ogunsanya as saying. “And we have one of the best crude oil in the world. So we need NNPC and all producers to market Nigerian production,” the official added. The abrupt exit of the United Arab Emirates from OPEC and OPEC+ would disrupt the balance the groups have been keeping for years, according to Ogunsanya. “The decision by the UAE, which they have a sovereign right to do, is for thei...

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Economists say that if the situation does not improve in the coming days, then more hikes may be in the offing. However, the approach of gradual hikes in petrol and diesel prices is to avoid an immediate inflation shock to the economy....

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The United Arab Emirates restored power to a atomic reactor after a drone strike over the weekend damaged part of the facility, easing safety concerns over the Middle East's biggest nuclear plant....

UAE Paid New York Firm Millions To Bury Article On Ambassador's Links To Sex Traffickers: Report Via The Cradle The UAE paid New York-based reputation management firm Terakeet more than $6 million to bury a 2017 report revealing that the Emirati ambassador to Washington, Yousef al-Otaiba, had ties to sex workers and traffickers, according to a New York Times (NYT) report published on Sunday. The campaign was designed to push the Intercept report out of public sight on Google search results. According to Foreign Agents Registration Act records cited by the paper, Terakeet's work for the UAE began in July 2019 and continues today. via The Intercept Much of the account focused on promoting tourism in the UAE, but NYT reported that Terakeet's work also extended to suppressing the damaging Otaiba report. Otaiba declined to comment beyond confirming that Terakeet has worked for the UAE. The effort was kept off paper, with account manager Kenneth Schiefer moving to Washington for more than...

A drone strike near the United Arab Emirates' only nuclear power plant has underscored the fragility of the Iran war ceasefire and vulnerability of such civilian energy infrastructure....

Emirates has broken ground on a $5.1bn aircraft engineering complex at Dubai South, billed as the world's largest aviation maintenance, repair and overhaul facility, due for completion by mid-2030....