ADNOC made the final investment decision ( FID ) on the project for the development of two gas fields on the UAE shelf – Hail and Ghasha. Deposits are part of the Abu Dhabi Ghasha concession, in which more than 1.5 billion cubic meters are planned to be mined by the end of the decade....
The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The records, which contain details of nearly a thousand gold shipments in the year since the Ukraine war started, show the Gulf state imported 75.7 tonnes of...
Iranian media continued criticizing Russia for questioning Iran’s ownership of three small islands in the Persian Gulf contested by the United Arab Emirates. Iranian media and social media users were deeply annoyed when Russia joined the Persian Gulf Arab states earlier this week to demand a settlement to the dispute over the ownership of the islands Iran...