The Emirates will ask OPEC to increase production

The United Arab Emirates, a member of the Organization of the Petroleum Exporting Countries (OPEC), said Wednesday it would work with its cartel partners to boost production as Russia’s invasion of Ukraine would push prices to historic highs. also readOil prices: Germany calls on OPEC to increase production “We support increased production and will encourage … Read more

Dassault Aviation signs a historic contract with the United Arab Emirates

This firm order marks a sixth international success, the largest ever signed by Dassault Aviation, maker of the French fighter jet. Historical. Never before had France signed a military treaty of such magnitude internationally. During the first leg of Emmanuel Macron’s regional tour of the Gulf (December 2-4), the United Arab Emirates (UAE) ordered 80 … Read more

Emirates raises $10 billion fund for investments in Turkey

Abu Dhabi’s Crown Prince Mohammed bin Zayed Al-Nahyan aka MBZ was welcomed with savior honors by Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between yesterday’s regional rivals. The prince announced a fund of 10 billion dollars (almost 9 billion euros) in the support investments in Turkey‘ … Read more

The Emirates will invest almost 12 billion euros in the UK

The UAE will invest nearly €12 billion in the UK’s technology, infrastructure and energy transition sectors, Mubadala, an Abu Dhabi-based sovereign wealth fund, announced on Thursday. also readThe United Arab Emirates are trying to attract investors This sum comes on top of an investment partnership between the two countries launched in March, with an initial … Read more