UAE

31 March 2022; MEMO: The UAE and Israel have signed an agreement permitting driving license holders from each country to obtain licenses in the other.

According to the Khaleej Times the agreement, which will reportedly be implemented soon, will mean motorists will just need to present their original driving license and they will be issued a new one in the host country.

29 March 2022; MEMO: UAE Energy Chief has doubled down on OPEC's alliance with Russia and insists that Moscow will always be part of the inter-governmental organisation. Abu-Dhabi's Energy Minister, Suhail Al-Mazrouei, said yesterday that Russia, with its 10 million barrels of oil a day, is an important member of the global OPEC+ energy alliance and sees no other substitute to replace its contribution to the global supply of oil.

DUBAI, United Arab Emirates (AP) — The United Arab Emirates’ energy minister doubled down Monday on an oil alliance with Russia that’s helped buoy crude prices to their highest in years as Moscow’s war on Ukraine rattles markets and sends energy and commodity prices soaring.

The minister said Russia, with its 10 million barrels of oil a day, is an important member of the global OPEC+ energy alliance.

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state TV says there was a “hostile operation” that targeted the Jiddah oil depot, which erupted in flames ahead of a Formula One race there.

The acknowledgment on Friday night comes as Yemen’s Houthi rebels claimed an attack targeting the North Jiddah Bulk Plant near the city’s airport.

Journalists covering practice saw the smoke rise over the city around 5:40 p.m.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

22 March 2022; MEMO: An Abu Dhabi wealth fund has agreed to invest about $2 billion in Egypt by buying state-held stakes in some companies, including the country's leading private-sector bank, Commercial International Bank (CIB).

DUBAI, Mar 22 (NNN-WAM) – The United Arab Emirates (UAE) and Germany, signed agreements on hydrogen research and development, during the visit of the German Minister for Economic Affairs and Climate Action, Robert Habeck, the UAE state news agency announced yesterday.

The agreements were signed between Abu Dhabi National Oil Company (ADNOC) and German energy companies, Hydrogenious and Uniper.

DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Monday that it “won’t bear any responsibility” for a shortage in global oil supplies after a fierce barrage of attacks by Yemen’s Houthi rebels affected production in the kingdom, the world’s largest oil exporter.

The unusually stark warning marked a departure from the giant oil producer’s typically cautious statements, as Saudi officials remain aware that even their smallest comments can swing the price of oil and rattle global markets.

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels unleashed a barrage of drone and missile strikes on Saudi Arabia that targeted key facilities including natural gas and desalination plants early Sunday, Saudi state-run media reported, temporarily cutting oil production at one site.

The pre-dawn salvo marked the latest escalation in the rebels’ attacks on the kingdom as the war in Yemen rages into its eighth year and peace talks stall.

DUBAI, March 19 (Xinhua) -- Leaders of the United Arab Emirates (UAE) met with visiting Syrian President Bashar al-Assad on Friday in the capital Abu Dhabi, discussing cooperation and issues of common interests, according to UAE's official WAM news agency.

During the meeting, Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan stressed that Syria is a fundamental pillar of Arab security, and the UAE is keen to strengthen cooperation with it to achieve the aspirations of the brotherly Syrian people towards stability and development.

17 March 2022; MEMO: An Emirati-flagged cargo ship carrying cars has reportedly sunk off the coast of Iran's Assaluyeh port in the southern Bushehr province, Anadolu News Agency reports.

According to the local port authority, the heavily loaded cargo sunk early on Thursday, 30 miles from the Assaluyeh port, situated on the southern coast of the Persian Gulf.

A team was immediately dispatched to rescue the 30-member crew onboard the ship, Anadolu Agency learned.