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Articles tagged with "UAE"

27 articles found

UAE oil giant ADNOC pledges $55B in new projects by 2028: Statement

UAE oil giant ADNOC pledges $55B in new projects by 2028: Statement

The move to ditch OPEC and the expanded OPEC+ group will allow the UAE to produce as much or as little crude as at wishes after decades of following a quota system instituted by the group, potentially providing a windfall of cash to the country.

17 DAYS AGO

UAE exits OPEC, signaling a new era for oil politics

UAE exits OPEC, signaling a new era for oil politics

UAE’s OPEC exit ends a 58-year membership and challenges the group’s unity, founded in 1960 to counter Western oil giants, OPEC later expanded into OPEC+ but now faces weaker control over supply and prices.

21 DAYS AGO

UAE to withdraw from OPEC, OPEC+: statement

UAE to withdraw from OPEC, OPEC+: statement

The UAE announced it will leave OPEC and OPEC+, citing national interests and long-term strategy, as Gulf oil shipments face disruption from Iran’s blockade of the Strait of Hormuz.

22 DAYS AGO

South Korea secures extra 18m barrels of oil from UAE

South Korea secures extra 18m barrels of oil from UAE

South Korea will receive 18 million barrels of oil from the UAE through multiple channels, bypassing the Strait of Hormuz amid the US-Israel war on Iran, while securing emergency purchases and using strategic reserves to stabilize fuel supplies.

2 MONTHS AGO

All you need to know about Day 9 of US-Israeli war on Iran

All you need to know about Day 9 of US-Israeli war on Iran

Donald Trump says Iran’s next supreme leader would need US approval to remain in power, drawing a sharp response from Tehran as clerics finalize a successor to Ayatollah Ali Khamenei after the US-Israeli strikes that killed him.

2 MONTHS AGO

Smoke rises from the site of an Israeli airstrike that targeted an area in the southern coastal city of Tyre on March 7, 2026. (Photo: AFP)

Pakistani FM discusses regional tensions with UAE, Iranian counterparts

Expresses concern over recent attacks in the region, including those targeting the UAE, and conveyed Pakistan’s solidarity with the UAE and its people.

2 MONTHS AGO

Pakistani soldiers patrol near the Pakistan–Afghanistan border crossing in Chaman on February 27, 2026, following overnight cross-border fighting between the two countries. (Photo: AFP)

UAE calls for de-escalation amid renewed Pakistan-Afghanistan tensions

The ministry stresses the importance of reason and diplomacy in resolving disputes, reaffirming the UAE’s support for initiatives aimed at strengthening security, stability and development for both nations.

3 MONTHS AGO

This handout photograph taken and released by the UAE Presidential Court on January 23, 2026 shows UAE President Sheikh Mohamed bin Zayed al-Nahyan (C) speaking with the heads of delegations participating in the UAE-hosted trilateral talks between the US,

Russia says Ukraine talks in UAE held in 'constructive spirit'

Russia said US-brokered talks with Ukraine in the UAE yielded no breakthroughs, with more work ahead, as both sides confirmed discussions would resume Feb 1 amid continued drone and missile attacks overnight.

4 MONTHS AGO

President Zardari meets UAE ambassador, reaffirms strong bilateral ties (file photo: APP)

Pakistan president to visit UAE for talks on trade, security and regional issues

The visit, scheduled for Jan. 26–29, will include meetings with the UAE leadership to review bilateral ties and discuss issues of mutual regional and international interest.

4 MONTHS AGO