
Saudi crown prince receives UAE national security advisor
The crown prince and Shiekh Tahnoun, who is also the deputy ruler of Abu Dhabi, discussed relations between the Kingdom and the UAE and ways to enhance them.
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Arab News
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- Arab News
Abu Dhabi crown prince holds talks with Brazilian president on sidelines of BRICS summit
LONDON: Sheikh Khaled bin Mohamed bin Zayed Al-Nahyan, the crown prince of Abu Dhabi, and Brazilian President Luiz Inacio Lula da Silva, discussed ways to strengthen ties between the UAE and Brazil during a meeting on the sidelines of the 17th BRICS Summit. Sheikh Khaled emphasized the UAE's pride in its strategic relationship with Brazil, a pioneering partnership built on decades of cooperation, mutual respect, and shared interests, the Emirates News Agency reported. He stressed that the 50-year bond highlights both nations' commitment to collaboration and sustainable development. BRICS was founded in 2009 by Brazil, Russia, India and China. South Africa became a member the following year, and in late 2023 Egypt, Ethiopia, Iran and the UAE accepted invitations to join. Rio de Janeiro is hosting the 17th edition of the summit on Sunday and Monday. The Brazilian president underscored the strength and depth of the bilateral relations between his country and the UAE. The meeting was attended by several Emirati officials, including Reem Al-Hashimy, minister of state for international cooperation; Thani bin Ahmed Al-Zeyoudi, minister of foreign trade; and UAE Ambassador to Brazil Saleh Ahmad Salem Alsuwaidi.


Arab News
3 hours ago
- Arab News
Islamic coalition hosts training program in Riyadh
RIYADH: The Islamic Military Counter Terrorism Coalition launched a specialized training program titled 'Collection Management' on Sunday at its Riyadh headquarters. This initiative is part of the Kingdom's efforts to support and build the capacities of nominees from coalition member states, the Saudi Press Agency reported. The program aligns with Saudi Arabia's goal to enhance integration and cooperation among member states in the fight against terrorism. It targets 25 nominees from 14 member states, providing theoretical knowledge and practical skills in collection operations, data analysis, and supporting decision-makers in counterterrorism and anti-extremism. The five-day program, supervised by military and information experts, includes training sessions, simulations, and workshops to improve institutional readiness and capacity for current security challenges. This training is part of a broader coalition effort, now comprising more than 46 specialized programs covering areas like ideology, terrorism financing, military coordination, and media engagement.


Asharq Al-Awsat
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Eight OPEC+ Alliance Members Move toward Output Hike at Meeting
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider OPEC+ group -- comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies -- began output cuts in 2022 in a bid to prop up prices. But in a policy shift, eight alliance members surprised markets by announcing they would significantly raise production from May, sending oil prices plummeting. Oil prices have been hovering around a low $65-$70 per barrel. Representatives of Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman will take part in Saturday's meeting, expected to be held by video. Analysts expect the so-called "Voluntary Eight" (V8) nations to decide on another output increase of 411,000 barrels per day (bpd) -- the same target approved for May, June and July. The group has placed an "increased focus on regaining market shares over price stability," said Saxo Bank analyst Ole Hansen. Enforcing quotas The group will likely justify its decision by officially referring to "low inventories and solid demand as reasons for the faster unwind of the production cuts", UBS analyst Giovanni Staunovo told AFP. But the failure of some OPEC member countries, such as Kazakhstan, to stick to their output quotas, is "a factor supporting the decision", he added. According to Jorge Leon, an analyst at Rystad Energy, an output hike of 411,000 bpd will translate into "around 250,000 or 300,000" actual barrels. An estimate by Bloomberg showed that the alliance's production increased by only 200,000 bpd in May, despite doubling the quotas. No effect from Israel-Iran war Analysts expect no major effect on current oil prices, as another output hike is widely anticipated. The meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above $80 a barrel amid concerns over a possible closing of the strategic Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply. As fears of a wider Middle East conflict have eased, and given there "were no supply disruptions so far", the war is "unlikely to impact the decision" of the alliance, Staunovo added. The Israel-Iran conflict "if anything supports a continued rapid production increase in the unlikely event Iran's ability to produce and export get disrupted," Hansen told AFP.