UAE, Ukraine announce intent to negotiate comprehensive economic partnership agreement

UAE, Ukraine to begin negotiations towards comprehensive economic partnership agreement

In 2021, non-oil trade between the UAE and Ukraine reached $904.4m, increasing 28.4 per cent over the previous year

Ukraine uae

UAE to send $100m in humanitarian aid to Ukraine

UAE President Sheikh Mohamed bin Zayed Al Nahyan held a phone call with Ukraine’s premier Volodymyr Zelenskyy, earlier this week

UAE President Sheikh Mohamed arrives in Russia, meets Vladimir Putin

The two leaders reviewed a number of regional and international issues, and developments of common concern

Oil losses

Oil extends losses after tumbling below $100 on demand concerns

West Texas Intermediate futures fell for a third session to its lowest level in three months

Oil extends gains after US crude stockpiles drop, exports soar

Oil holds near $121 as investors weigh tightening markets

Crude has rallied about 60 per cent this year as an economic rebound coincided with upended trade flows

Oil powers to sixth monthly gain as EU set to curb Russian flows

Global benchmark Brent topped $122 a barrel, hitting a two-month high

Qatar exports surge as demand for gas climbs on Ukraine crisis

China was the top destination of Qatar’s exports in April with close to QR6.6bn riyals


Oil steadies after four-day surge as US product markets run hot

Oil has rallied by more than 50 per cent this year in extremely volatile trading


Oil holds jump as US fuel stockpiles slide before driving season

Oil is up around 40 per cent this year following a strong economic rebound from the pandemic

Saudi Arabia

Saudi cuts oil prices from record highs amid China lockdowns

Saudi Arabia sends more than 60 per cent of its crude exports to Asia

Emmanuel Macron

Macron beats Le Pen to win second term as French president

The 44-year-old Macron becomes the first incumbent to win a second term since Jacques Chirac two decades ago

Ukraine uae

Ukrainians in UAE offered one-year residency visas

They need to approach Tasheel service centres in the country to avail of the permit

Abu Dhabi invests in Egyptian firms to help shore up economy

Egypt’s central bank held a special policy meeting in March and hiked interest rates for the first time since 2017

Oil edges lower as market tightness eases, pipeline restarts

Oil extends advance above $100 as Ukraine crisis continues

US crude output will grow at a slower pace than previously expected

Oil retreats as US weighs reserves release to combat inflation

West Texas Intermediate futures slid 5 per cent to trade near $102 a barrel, trimming a monthly advance

OPEC+ still sees no need to change plan despite Ukraine crisis

Brent futures briefly surged to a 13-year peak near $139 a barrel earlier this month

Saudi ukraine visas

Saudi Arabia to extend visas of Ukrainians in kingdom

The visas will be extended without any fees charged and will be done so automatically

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Dubai’s Sheikh Mohammed orders humanitarian relief flights for civilians fleeing Ukraine

The aid delivered by the two flights will be able to benefit around 85,000 people

Oil edges higher after three-day slide as volatility continues

The US Federal Reserve raised interest rates by a quarter percentage point

UAE flag

UAE ‘will be encouraging OPEC’ to consider higher production levels, says ambassador to US

Oil has surged above $100 a barrel for the first time since 2014

Gold near 19-month high amid Ukraine crisis

Bullion has gained 12 per cent this year


Ukraine: UAE sends 30 tonnes of emergency medical and relief aid

The aircraft landed in Lublin and the aid was handed over to the Ukrainian authorities in Poland to be further transported to Ukraine

Commodities rack up more stunning gains as supply fears deepen

Brent crude surged as much as 18 per cent after opening on Monday

Gold climbs as haven demand gains on ongoing crisis

The crisis in Europe is disrupting flows of energy, grains and metals

UAE announces $5m humanitarian aid for Ukraine

The contribution will be made to the United Nations’ Humanitarian Flash Appeal and the Regional Refugee Response Plan for Ukraine

Sheikh Mohamed bin Zayed Al Nahyan has ordered the completion of all housing grant applications submitted in previous years through the Sheikh Zayed Housing Programme, at a total cost of around Dhs2.3b

Sheikh Mohamed discusses Ukraine, energy market stability in call with Vladimir Putin

Sheikh Mohamed stressed the need for a peaceful solution to the Ukraine crisis in a way that maintains the interests and national security of all parties

Dubai Airport

Dubai’s Emirates suspends partner airline flights to select cities in Russia, Ukraine and Belarus

Emirates said that the decision was made due to the closure of airspace over certain areas

Brent oil hits $100 a barrel for the first time since 2014

Russia is a key supplier of energy to global customers

Bees airline

Low-cost carrier Bees Airline commences flights between kyiv and Sharjah

The airline will operate twice weekly non-stop flights on Wednesdays and Saturdays