Categorie
Analysis

OPEC/Saudi Arabia/UAE – From Saudi-UAE spat to 2020 price war, OPEC drama is nothing new (Al Jazeera)

The ongoing spat between the United Arab Emirates and Saudi Arabia is just the latest dispute in the decades-long history of the Organization of the Petroleum Exporting Countries (OPEC).

Founded in 1960, the OPEC oil cartel has seen its share of disagreements between members, ranging from arguments over output quotas to all-out conflicts such as the Iran-Iraq war in the 1980s and Iraq’s 1990 invasion of Kuwait.

From Saudi-UAE spat to 2020 price war, OPEC drama is nothing new | Donald Trump News | Al Jazeera

In the latest OPEC conflict, Saudi Arabia wants to extend remaining OPEC+ cuts until the end of 2022, but the United Arab Emirates wants to defer discussion on extending the pact beyond April 2022 [File: Leonhard Foeger/Reuters]

In the latest OPEC conflict, Saudi Arabia wants to extend remaining OPEC+ cuts until the end of 2022, but the United Arab Emirates wants to defer discussion on extending the pact beyond April 2022 [File: Leonhard Foeger/Reuters]

Categorie
Analysis

Saudi Arabia – Saudi Arabia Steps Up Effort to Replace UAE and Qatar as Go-To Regional Hub (Dr. James M. Dorsey, BESA Center)

Saudi Arabia has stepped up efforts to outflank the UAE and Qatar as the Gulf’s commercial, cultural, and/or geostrategic hub.

Saudi Arabia Steps Up Effort to Replace UAE and Qatar as Go-To Regional Hub (besacenter.org)

Riyadh, Saudi Arabia, photo by Ekrem Osmanoglu via Unsplash

Categorie
Analysis

UAE/Saudi Arabia/OPEC – Explainer: UAE and Saudi Arabia’s spat over OPEC oil production (Al Jazeera)

In a rare public spat between the Gulf state allies, the United Arab Emirates and Saudi Arabia have found themselves at loggerheads over an OPEC plan that seeks to extend a cap on oil production.

Saudi Arabia has led a push in OPEC to extend oil production curbs to the end of 2022, but the UAE pushed back on Sunday, saying a cut in output beyond the initial deadline of April 2022 would be “unfair to the UAE”.

Explainer: UAE and Saudi Arabia’s spat over OPEC oil production | Oil and Gas News | Al Jazeera

The UAE wants to increase its crude oil output, believing the market to be 'in dire need of higher production' [File: Ali Haider/EPA]

The UAE wants to increase its crude oil output, believing the market to be ‘in dire need of higher production’ [File: Ali Haider/EPA]

Categorie
Analysis

UAE/OPEC – UAE rebuffs plan by OPEC, allies to extend production pact (Al Jazeera)

The United Arab Emirates has pushed back against a plan by the OPEC oil cartel and allied producing countries to extend the global pact to cut oil production beyond April 2022, a rare statement revealing the country’s frustration with the group.

UAE rebuffs plan by OPEC, allies to extend production pact | Business and Economy News | Al Jazeera

The UAE says the OPEC+ proposal to extend production agreement for the entirety of 2022 without raising its production quota is 'unfair' [File: Dado Ruvic/Illustration via Reuters]

The UAE says the OPEC+ proposal to extend production agreement for the entirety of 2022 without raising its production quota is ‘unfair’ [File: Dado Ruvic/Illustration via Reuters]

Categorie
Analysis

Israel/UAE – Israel’s Yair Lapid in the UAE on first official visit (Al Jazeera)

Israel’s foreign minister arrived in the United Arab Emirates on Tuesday, kicking off the highest-level visit by an Israeli official to the Gulf Arab state since the two countries formally established relations nine months ago.

At the inauguration of the Israeli embassy in Abu Dhabi, Foreign Minister Yair Lapid told diplomats that it was an “historic moment”.

“The Middle East is our home and we’re here to stay. So we call on all the countries of the region to recognise that and to come and talk to us,” he said.

Israel’s Yair Lapid in the UAE on first official visit | Middle East News | Al Jazeera

Categorie
Analysis

Israel/UAE – The Opening of the Israeli Embassy in the United Arab Emirates (US Department of State)

The United States welcomes the historic opening of the Israeli Embassy in Abu Dhabi and the visit of Alternate Prime Minister and Foreign Minister, Yair Lapid, for the ceremony hosted by UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan. Foreign Minister Lapid’s trip, the first to the UAE by an Israeli Foreign Minister, and the opening of the first Israeli Embassy in a Gulf state are significant for Israel, the UAE, and the broader region. The United States will continue to work with Israel and the UAE as we strengthen all aspects of our partnerships and work to create a more peaceful, secure, and prosperous future for all the peoples of the Middle East.

Categorie
Analysis

Israel/UAE – Progress on mutual interests in spotlight as Israel FM visits UAE (Sean Mathews, Al Jazeera)

Yair Lapid is the first Israeli minister in history to officially visit the United Arab Emirates after he arrived in the country on Tuesday to inaugurate Israel’s embassy in Abu Dhabi and consulate in Dubai.

Progress on mutual interests in spotlight as Israel FM visits UAE | Business and Economy News | Al Jazeera

Categorie
Analysis

UAE/China/Horn of Africa – The UAE and China in the Horn of Africa (Jos Meester, Guido Lanfranchi, Clingendael)

Over the last decade, the UAE and China have vastly expanded their economic, political and military footprint in the Horn of Africa, and their actions now have the potential to shape developments in the region. Room for cooperation between Abu Dhabi and Beijing exists on issues such as maritime security, regional stability, and economic development. Moreover, the two countries’ interaction could lead to improvements in the Horn’s underdeveloped infrastructure by triggering a race to investment. Yet, development and stability in the region might suffer if the strategic interests of external players take precedence over local ones, or if local elites (mis)use external support for narrow domestic political calculations. The EU and its member states have high stakes in the Horn’s stability. To optimise their engagement, European policymakers should be aware of the implications of the Emirati and Chinese presence, and they should strive to improve cooperation among the wide range of external players active in the Horn.

The UAE and China in the Horn of Africa | Clingendael

Categorie
Analysis

Italy/UAE – Italian forces kicked out of Middle East base over UAE arms embargo, lawmaker says (Tom Kington, Defense News)

The United Arab Emirates is evicting Italian aircraft and personnel from a key military base in retaliation for an arms embargo slapped on the UAE by Rome in January, an Italian politician has told Defense News.

Italian forces kicked out of Middle East base over UAE arms embargo, lawmaker says (defensenews.com)

Page 2 of 6
1 2 3 4 6