UAE

Iran's president says downing Ukrainian plane an 'unforgivable error'

DUBAI (Reuters) - Iran will punish all those responsible for the accidental shooting down of a Ukrainian passenger plane, President Hassan Rouhani said in a televised speech on Tuesday, adding that the “tragic event” would be investigated thoroughly.

“It was an unforgivable error ... one person cannot be solely responsible for the plane crash,” he said.

Anger in Iran over jet’s downing; gunfire disperses protests

DUBAI, United Arab Emirates (AP) — Popular anger swelled Monday in Iran over the accidental shootdown of a Ukrainian jetliner and the government’s attempt to conceal its role in the tragedy, as online videos appeared to show security forces firing live ammunition and tear gas to disperse protests in the streets.

Abu Dhabi Crown Prince Discusses Gulf Security With French President

DUBAI, Jan 13 (NNN-WAM) – Crown Prince of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, received a phone call from French President, Emmanuel Macron, on Sunday.

“I received a phone call from French President, Emmanuel Macron, during which we discussed enhancing cooperation, as well as, important regional and international developments,” he said, on his official Twitter account.

“We have a shared interest in strengthening security and stability in the region,” added Sheikh Mohammed, who is also deputy supreme commander of the United Arab Emirates Armed Forces.

Iran's handling of plane disaster sparks new challenge to rulers

DUBAI (Reuters) - Iran’s clerical rulers risk a legitimacy crisis as popular anger has boiled up at the way the state handled a passenger plane crash, which the military took three days to admit was caused by an Iranian missile fired in error.

Amid mounting public fury and international criticism, the belated admission of blame by Iran’s elite Revolutionary Guards has squandered the national unity seen after the killing of the country’s most influential commander in a U.S. drone strike in Iraq on Jan. 3.

Aramco’s ‘greenshoe option’ pushes IPO to record $29.4B

DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

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.

Oman names culture minister as successor to Sultan Qaboos

DUBAI, United Arab Emirates (AP) — Oman announced Saturday culture minister Haitham bin Tariq Al Said as the new ruler of the Gulf Arab country, ending speculation over the mystery of who would succeed longtime ruler Sultan Qaboos bin Said.

The announcement on Omani state television was read over footage showing thousands gathered in the capital, Muscat, for the funeral of Sultan Qaboos who ruled the country for 50 years and did not have any children. His choice of successor was a closely guarded secret believed to have been known only to the sultan.

Sultan Qaboos bin Said, who modernized Oman, dies at 79

DUBAI, United Arab Emirates (AP) — Oman’s Sultan Qaboos bin Said, the Mideast’s longest-ruling monarch who seized power in a 1970 palace coup and pulled his Arabian sultanate into modernity while carefully balancing diplomatic ties between adversaries Iran and the U.S., has died. He was 79.

The state-run Oman News Agency announced his death early Saturday on its official Twitter account. The sultan was believed to have been in poor health and traveled to Belgium for what the court described as a medical checkup last month. The royal court declared three days of mourning.

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