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

The Emirates promise a “responsible” use of artificial intelligence

The world’s prime minister for artificial intelligence, the Emirati Omar al-Olama, is promising a “responsible” use of technology that, alongside its “economic gains,” he says could improve the “quality of life” in the wealthy Gulf by alleviating fear overcome that AI sometimes surrounds. “We see artificial intelligence as a tool,” said the young Minister of … Read more

The Emirates denounce the “dangerous escalation” in the Red Sea

The United Arab Emirates on Thursday 13 January denounced a “dangerous climbingin the Red Sea and called on the UN to take a firm stand after Houthi rebels in Yemen seized an Emirati-flagged vessel. On January 3, the rebels, who control much of Yemeni territory, captured the boat.rwabeeoff the coast of Hodeida, in the west … 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 evening.to 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

Shadow group claims drone attack on Emirates

A little-known group claimed responsibility for the drone strike that targeted the United Arab Emirates on Wednesday (February 2), sparking fresh concerns over escalating tensions following several strikes by Yemeni rebels against the prosperous Gulf country in recent weeks. also readIsrael and the United Arab Emirates on honeymoon The Alwiyat al-Waad al-Haq (or “Just Promise … Read more