UAE

Iran’s top leader warns ‘thugs’ as protests reach 100 cities

DUBAI, United Arab Emirates (AP) — Iran’s supreme leader on Sunday cautiously backed the government’s decision to raise gasoline prices by 50% after days of widespread protests, calling those who attacked public property during demonstrations “thugs” and signaling that a potential crackdown loomed.

Russia ready to take part in developing Turkish fighter jets

DUBAI/United Arab Emirates/, November 17. /TASS/: Russia is ready to take part in developing Turkish fighter jets of 4++ and fifth-generation and offer its technologies, Head of Russia’s Federal Service for Military and Technical Cooperation Dmitry Shugayev told reporters at Dubai Airshow-2019 on Sunday.

"As for developing advanced aircraft, now the sides are in technical talks on 4++ generation aircraft and are also holding the first preliminary consultations on the fifth-generation jet," Shugayev said.

Aramco IPO range values Saudi oil giant at up to $1.7 trillion

DUBAI (Reuters) - Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion targeted by Saudi’s crown prince but still vying for the title of the world’s biggest IPO.

However Aramco cannot sell the shares directly to investors in the United States and other markets, as the deal will now be restricted to Saudis and foreign institutions, who can invest in shares in the kingdom’s stock market.

Iran supreme leader warns ‘thugs’ amid gas price protests

DUBAI, United Arab Emirates (AP) — Iran’s supreme leader on Sunday backed the government’s decision to raise gasoline prices and called angry protesters who have been setting fire to public property over the hike “thugs,” signaling a potential crackdown on the demonstrations.

Ayatollah Ali Khamenei’s comments came as authorities shut down the internet across Iran to smother the protests in some two dozen cities and towns over the rise of government-set prices by 50% as of Friday.

Protests grip major Iran cities over gas prices; 1 killed

DUBAI, United Arab Emirates (AP) — Protesters angered by Iran raising government-set gasoline prices by 50% blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire, in violence that reportedly killed at least one person.

The protests put renewed pressure on Iran’s government as it struggles to overcome the U.S. sanctions strangling the country after President Donald Trump unilaterally withdrew America from Tehran’s nuclear deal with world powers.

U.S. Air Force Chief of Staff calls for Gulf Arab unity to counter Iran

DUBAI (Reuters) - United States Air Force Chief of Staff David Goldfein on Saturday pressed Gulf Arab states to reconcile differences and unify military capabilities as tensions with Iran simmer.

Washington sees an ongoing dispute that Saudi Arabia, the United Arab Emirates, Bahrain and non-Gulf state Egypt have with Qatar as a threat to efforts to contain Iran and has pushed for a united front.

UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince

DUBAI (Reuters) - The United Arab Emirates and Egypt have launched a $20 billion investment platform for economic and social projects, the crown prince of Abu Dhabi Mohammed bin Zayed al-Nahyan said on Twitter on Thursday.

Egypt’s President Abdel Fattah al-Sisi began a visit to the UAE on Wednesday.

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.

Sharjah Charity International’s Water Project Drills 434 Wells In 12 Countries

SHARJAH, Nov 11 (NNN-WAM) – Donations offered to Sharjah Charity International’s, SCI, Suqya Al Khair water project, provided safe drinking water in 12 countries, by drilling 434 wells and building two water networks.

A report issued by the SCI said, the water charity project was launched in Mar, 2019.

Subscribe to UAE