Abu Dhabi

UAE says it is ready to facilitate Israel-Palestinian peace efforts

(Reuters) --- The United Arab Emirates stands ready to facilitate peace efforts between Israel and the Palestinians, the de facto ruler of the Gulf state said in remarks carried on state media on Sunday.

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan made the comments in a telephone call with Egyptian President Abdel Fattah al-Sisi, whose country, with U.S. support, brokered a ceasefire on Friday that ended the fiercest fighting in years between Israel and Islamist militant group Hamas.

UAE airlines Etihad, flydubai cancel Tel Aviv flights

(Reuters) --- United Arab Emirates carriers Etihad Airways and flydubai have cancelled flights to Tel Aviv, joining American and European airlines in avoiding Israel due to escalating hostilities there.

Airlines in the UAE, which established diplomatic relations with Israel last year, have only in the past few months launched regular services to Israel.

Abu Dhabi's Etihad has suspended all passenger and cargo services to Tel Aviv from Sunday, it said on its website, citing the conflict.

Russia ready to offer Pantsir-S1 upgrade projects to foreign clients

ABU DHABI, February 20. /TASS/: Russia’s exporter of military hardware Rosoboronexport (an affiliate of Rostec) is prepared to offer its foreign clients projects for upgrading the air defense systems Pantsir-S1, the corporation’s CEO Alexander Mikheyev told TASS ahead of the international weapons show IDEX 2021.

"Russia is ready to offer Pantsir upgrade projects to its foreign partners. The corresponding research and development have been carried out," Mikheyev said.

Russia to present Kord assault rifle with balanced mechanism abroad for first time

ABU DHABI, February 19. /TASS/: The newest Russian-made Kord assault rifle with balanced mechanism, produced by the Degtyaryov Plant will be presented at the IDEX 2021 expo in Abu Dhabi, Russia’s state arms seller Rosoboronexport press service announced Friday.

"During the presentation, the company’s specialists will disclose specifications, unique design solutions and specifics of use of the Kord assault rifles with balanced mechanism, displayed abroad for the first time," the announcement says.

Chief executive of UAE's ADNOC sees global economy in better shape in 2020

ABU DHABI (Reuters) - The global economy is going into 2020 in better shape than last year, Sultan al-Jaber, the chief executive of Abu Dhabi National Oil Co (ADNOC) said on Saturday, adding that he was pleased regional tension had dissipated in the past few days.

“The UAE will be the first country in the region to operate a safe commercial, peaceful nuclear power station,” Jaber also told an energy event in the capital, Abu Dhabi.

OPEC Secretary General says U.S.-China trade deal would remove 'dark cloud' on oil market

ABU DHABI (Reuters) - OPEC’s Secretary General Mohammad Barkindo said on Wednesday he is confident that the United States and China would reach a trade deal and that it would remove a “dark cloud” over the oil market.

It is premature to discuss the December OPEC+ decision and it is too early to say if further output cuts would be needed, Barkindo told reporters on the sidelines of an industry event in Abu Dhabi.

OPEC and it’s non-OPEC partners need to continue working together to weather uncertainties and are committed to doing so, he said.

Oman urges dialogue with Iran, stays neutral in regional tensions

ABU DHABI (Reuters) - Oman’s oil minister called on Monday for dialogue with Iran, saying his country had been campaigning for talks and would remain neutral towards regional tensions.

“Oman has always maintained that, yes, we are always neutral as neutrality suits us and suits the way we manage the differences,” Mohammed bin Hamad al-Rumhy told an oil conference in the United Arab Emirates.

Sudan has received half of $3 billion aid promised by Saudi and UAE

ABU DHABI (Reuters) - Sudan has received half of $3 billion in aid promised by Saudi Arabia and the United Arab Emirates in April and expects the remainder to be paid by the end of next year, Sudan’s finance minister said late on Monday.

The Gulf countries agreed the aid package soon after former president Omar al-Bashir was ousted, throwing a lifeline to Sudan’s new military leaders at the time.

Subscribe to Abu Dhabi