Latest Mohammed bin Rashid Al Maktoum News

Tillerson testifies at corruption trial of Trump adviser

Oct. 03, 2022 19:08 PM EDT

NEW YORK (AP) — Rex Tillerson, who served a turbulent term as secretary of state under former President Donald Trump, was called as a government witness Monday at the trial of a Trump ally accused of leaking intelligence to the United Arab Emirates. Tillerson testified that he...

Germany secures more gas shipments as Scholz visits Gulf

Sep. 25, 2022 11:27 AM EDT

BERLIN (AP) — German Chancellor Olaf Scholz planted a tree at a mangrove park in the United Arab Emirates on Sunday, a token nod to environmentalism during a two-day visit to the Gulf region focused mainly on securing new fossil fuel supplies and forging fresh alliances against Russia. ...

German leader seeks energy deals, alliances on Gulf trip

Sep. 24, 2022 10:26 AM EDT

BERLIN (AP) — German Chancellor Olaf Scholz arrived Saturday in Saudi Arabia for the first stop of a two-day, three-country visit to the Middle East aimed at striking new energy deals and forging fresh alliances amid the economic and geopolitical turmoil resulting from Russia’s invasion of...

Dubai road toll operator Salik becomes latest firm to IPO

Sep. 05, 2022 10:17 AM EDT

DUBAI, United Arab Emirates (AP) — Dubai toll gate operator Salik announced Monday it will make an initial public offering on the city-state's stock market, becoming the latest state-linked company to list. Salik plans to offer 1.5 billion shares, or 20% of the company's worth, in...

Chad's junta, rebel groups sign pledge in Qatar before talks

Aug. 09, 2022 00:13 AM EDT

DUBAI, United Arab Emirates (AP) — Chad's military government signed a pledge Monday with more than 40 rebel groups and opposition figures ahead of planned national reconciliation talks, though the deal did not include the country's main rebel group. Under the terms of the deal in...

France, United Arab Emirates sign deal on energy cooperation

Jul. 18, 2022 13:40 PM EDT

PARIS (AP) — France and the United Arab Emirates on Monday signed an agreement on energy cooperation to ensure oil and natural gas supplies from the Gulf country as Europe prepares for the possibility of a total gas cutoff from Russia in retaliation for sanctions over the war in Ukraine. ...

European leaders ink energy deals in bid to sidestep Russia

Jul. 18, 2022 13:25 PM EDT

ROME (AP) — European leaders ramped up their push to secure alternative energy supplies Monday as fears escalate of a complete natural gas cutoff by Russia, with the leaders of Italy, France and the European Union sealing deals with their counterparts in Algeria, Azerbaijan and the United Arab...

Biden's Mideast trip aimed at reassuring wary leaders

Jul. 16, 2022 14:25 PM EDT

JEDDAH, Saudi Arabia (AP) — Before stepping foot in Saudi Arabia, President Joe Biden knew there would be trouble. Biden was risking criticism by visiting a country he had vowed to make a “pariah” for human rights abuses, and there was no guarantee the visit would immediately...

The Latest: Saudi Arabia downplays normalization with Israel

Jul. 16, 2022 13:58 PM EDT

The Latest on U.S. President Joe Biden's trip to the Mideast: JEDDAH, Saudi Arabia — Saudi Arabia’s top diplomat on Saturday downplayed talk of normalization with Israel after the kingdom opened its airspace to Israeli commercial flights and hammered out a complex deal over...

High UAE gas prices stand out where cheap fuel was the norm

Jul. 12, 2022 02:12 AM EDT

DUBAI, United Arab Emirates (AP) — Mere years ago, fuel was cheaper than bottled water in the oil-rich United Arab Emirates. Now, long lines snake outside gas stations on the eve of price hikes each month. Fuel prices in the major OPEC producer, set in line with global oil price...