UAE launches new government structure
The United Arab Emirates launched its new government structure, in line with its response to the COVID-19 coronavirus pandemic, on Sunday. The plan merges several significant ministries and agencies to…
Tags: United Arab Emirates
Oil rises after drop in U.S. crude stocks suggests demand pickup
Oil prices rose more than 1% on Wednesday after data showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus…
Azerbaijan and UAE agree on mutual support
On 24rd of June 2020, Foreign Minister Elmar Mammadyarov held a telephone conversation with his counterpart from the United Arab Emirates, Sheikh Abdullah bin Zayed Al Nahyan, Report says, citing…
Kazakhstan resumes international air service
Kazakhstan will gradually recommence international flights to Turkey, Georgia, China, South Korea, Japan, and Thailand from June 20. In late May, Chairman of the country’s Civil Aviation Committee Talgat Lastayev…
OPEC ministers to review oil cuts on Thursday
An OPEC+ ministerial panel begins talks at 1200 GMT on Thursday to review the progress of a record oil supply cut and discuss plans from countries yet to deliver their…
OPEC keeps 2020 world oil demand forecast unchanged
The global oil market is slowly starting to rebalance thanks to production cuts and relaxing coronavirus lockdowns. The industry is still swimming in excess supply, the Organization of the Petroleum…
Moody’s: Azerbaijan’s state assets will help to withstand oil price shock
Sovereigns with a demonstrated track record of being able to reduce spending are in a better position to manage the shock, Report informs, citing the research of Moody’s Investors Service….
Ambassador: UAE-Azerbaijan relations keep on a steady rise
Report’s interview with Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates to Azerbaijan Mr. Mohamed Ahmed Alqubais: – How do you assess Azerbaijan’s fight against COVID-19? – Azerbaijan demonstrates…
Oil prices drop as rise in coronavirus cases stokes fuel demand fears
Oil prices slid on Tuesday on lingering concerns over the threat to fuel demand from the resurgence of new coronavirus infections around the world, though hopes for further cuts in…
Russian ministers to visit Turkey for talks on Sunday
Russian Foreign Minister Sergei Lavrov and Defence Minister Sergei Shoigu will visit Turkey on Sunday for talks, the two countries’ foreign ministries said on Saturday, with media reports saying discussions…