Singapore, Nov 27: Oil slipped on Tuesday, pulled down by record Saudi Arabian production even as OPEC's top producer pushes for supply cuts ahead of the group's meeting in Austria next week. International Brent crude oil futures (LCOc1) briefly dipped below $60 per barrel before rising back to $60.33 at 0520 GMT, down 15 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate
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Dubai, Nov 25: The United Arab Emirates will offer long-term visas to rich property investors, senior scientists and entrepreneurs in an effort to support its economy and real estate market, which have been hurt by low oil prices. Until now, visas for foreigners to live in the Arab world's second biggest economy have generally been valid for only a few years, and have depended on the main visa
Tehran, Nov 25: Iranian President Hassan Rouhani urged Muslims worldwide on Saturday to unite against the United States and assured Saudis they were “brothers” who had nothing to fear from Tehran. US President Donald Trump abandoned a landmark 2015 nuclear deal between major powers and Tehran in May and has since reimposed crippling unilateral sanaction. “What the United States wants of (the
Iran's President Hassan Rouhani on Saturday called Israel a "cancerous tumour" established by Western countries to advance their interests in the Middle East. Iran's leaders frequently condemn Israel and predict its demise, but Rouhani rarely employs such rhetoric. Addressing an annual Islamic Unity Conference on Saturday, Rouhani said "one of the ominous results of World War II was the formation
Dubai, Nov 24: The Ras Al Khaimah Police in the United Arab Emirates have announced cash prize for students who report drug dealers to the authorities. The force's general commander Major-General Ali Abdullah bin Alwan Al Nuaimi made the announcement on behalf of Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, during the second edition of the anti-narcotics student
Manama, Nov 24: Polling stations opened on Saturday at 8 am (0500 GMT) across Bahrain for 2018 parliamentary elections, Bahrain news agency reported. Polls will remain open until 8pm (1700 GMT). The government said 506 candidates are running in the election, including the highest number of female candidates. It expects a higher voter turnout than in 2014, which it put at 53 percent.
Jeddah, Nov 22: The commitment of the Kingdom and ally United Arab Emirates to the Yemeni people is historic and will endure, the Saudi ambassador to the US said Wednesday. “KSA and UAE have always been and will always be committed to our brothers in Yemen,” Prince Khalid bin Salman said in a Tweet. On Tuesday, Saudi Arabia and the UAE announced a $500 million package for Yemen in response to the
Dubai, Nov 21: As many as 85,000 infants under the age of five may have died from starvation or disease since 2015 in war-ravaged Yemen, humanitarian organisation Save the Children said on Wednesday. It said the estimate was based on data compiled by the United Nations, which has warned that up to 14 million people are at risk of famine in Yemen, where Saudi-backed forces are battling Iran-aligned
Riyadh, Nov 21: Saudi Arabia and the UAE on Tuesday announced a new initiative, “Imdaad,” in Yemen to address the humanitarian situation in the country, including an additional $500 million aid program. The two countries will each give $250 million in response to the food crisis to support more than 10 million people, said Abdullah Al-Rabeeah, general supervisor at King Salman Humanitarian Aid and
Dubai court orders extradition of Christian Michel wanted by India in Rs 3,600-cr choppers deal case
Dubai, Nov 20: A Dubai court on Monday ordered the extradition of British national and alleged middleman Christian Michel, who is wanted by Indian investigative agencies in the Rs 3,600 crore AgustaWestland VVIP choppers deal case, according to a media report. Michel, 54, is currently behind bars in Dubai since he was arrested and sent into custody pending the legal and judicial procedure in the