It’s an awkward moment for the oil industry to have at last won its long-sought “seat at the table” in international climate talks. The contradictions and conflicts in play at this opaque moment in the energy transition are mind-boggling. Global temperatures are flaring. War-related market disruptions are fading. The economic outlook is extremely fuzzy. Neither...
Climate summit host country misses own clean power target – but ‘continues to embrace’ transition. Like any country hosting a COP climate summit, the United Arab Emirates is facing intense scrutiny of its own track record. The oil-rich country hosting the next UN climate summit missed its own green energy target, Sky News can reveal....
Oil-rich gulf monarchies are leveraging their wealth to deepen ties with China amid anxiety about the future of their longstanding security partnership with the US. Seven months after President Xi Jinping participated in the first China-Gulf summit in Riyadh, economic exchanges between the world’s second largest economy and nations like Saudi Arabia and the United Arab Emirates...
Russia’s invasion of Ukraine and the ensuing raft of Western sanctions have prompted an explosion of interest in the United Arab Emirates (UAE) among Russians. Bilateral trade is breaking all previous records, and Russians are buying up real estate and opening businesses there. Yet for all the hope that the UAE could become an alternative...