Macron tells Biden that UAE, Saudi can barely raise oil output

Macron tells Biden that UAE, Saudi can barely raise oil output

GARMISCH-PARTENKIRCHEN, Germany, June 27 (Reuters) – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE’s president. Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of … Read more

Saudi crown prince, Erdogan meet in Turkey with ‘full normalisation’ in sights

Saudi crown prince, Erdogan meet in Turkey with 'full normalisation' in sights

Ankara halted Khashoggi murder trial to warm ties Official says talks going slow on possible FX swap line Erdogan faces tough elections with economy strained ANKARA, June 22 (Reuters) – Saudi Crown Prince Mohammed bin Salman arrived in Turkey for the first time in years on Wednesday for talks with President Tayyip Erdogan aimed at … Read more

EXCLUSIVE UAE to build Red Sea port in Sudan in $6 billion investment package

EXCLUSIVE UAE to build Red Sea port in Sudan in $6 billion investment package

A man stands opposite the modern port at the harbour in Port Sudan at Red Sea State February 24, 2014. REUTERS/Mohamed Nureldin Abdallah Register now for FREE unlimited access to Reuters.com Register CAIRO, June 20 (Reuters) – The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 … Read more

Exclusive: India’s Russian coal purchases spike despite sanctions

Exclusive: India's Russian coal purchases spike despite sanctions

A worker unloads coal from a goods train at a railway yard in the northern Indian city of Chandigarh July 8, 2014. REUTERS/Ajay Verma/Files Register now for FREE unlimited access to Reuters.com Register India’s Russian coal buying May 27-June 15 up 6-fold-govt data India’s Russian oil buying May 27-June 15 up 31-fold-govt data June Russia … Read more

Russia’s Lavrov to meet GCC ministers in Riyadh on Wednesday, say officials

Moscow not sure it needs resumed ties with West, will work on ties with China - Lavrov

RIYADH, May 31 (Reuters) – Russian Foreign Minister Sergei Lavrov arrived in Saudi Arabia on Tuesday, Saudi state media said, on a visit that Gulf officials said would feature a meeting with foreign ministers from the Gulf Cooperation Council (GCC) states. Lavrov, who also visited Bahrain earlier on Tuesday, is expected to meet ministers from … Read more

UAE strongman Sheikh Mohammed bin Zayed named new president

UAE strongman Sheikh Mohammed bin Zayed named new president

MbZ becomes president at a time of tension with U.S. He led a Middle East realignment, forging ties with Israel UAE has also deepened ties with Russia and China Economic development a priority driving foreign policy DUBAI, May 14 (Reuters) – The United Arab Emirates’ de facto leader Sheikh Mohammed bin Zayed al-Nahyan was elected … Read more