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January 19, 2022

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More than a dozen dead in coalition strikes on Yemen’s Sanaa

Reuters
ADEN, Yemen, Jan 18 (Reuters) – An air strike killed about 14 people in a building in the Yemeni capital of Sanaa, residents said on Tuesday, during strikes across the city launched by the Saudi-led coalition fighting the Houthi group. The alliance strikes on Houthi-held Sanaa followed an attack claimed......

Three killed in UAE fuel truck blast, Yemen Houthis claim attack

Reuters
DUBAI, Jan 17 (Reuters) – Three fuel trucks exploded, killing three people, and a fire broke out near Abu Dhabi airport on Monday in what Yemen’s Iran-aligned Houthi group said was an attack deep inside the United Arab Emirates. The Houthi movement, which is battling a Saudi-led coalition that includes......

Saudi energy minister: It’s U.S. prerogative to draw on strategic oil reserves

Reuters
Saudi Energy Minister, Prince Abdulaziz bin Salman al-Saud, speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. REUTERS/Yves Herman/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 17 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday that......

Abu Dhabi’s Mubadala puts Brazilian highway up for sale -report

Reuters
SAO PAULO, Jan 16 (Reuters) – Abu Dhabi’s Mubadala Investment Company has hired investment bank Banco BTG Pactual SA as adviser for the sale of Rota das Bandeiras highway, in the Brazilian state of Sao Paulo, O Globo columnist Lauro Jardim reported on Sunday. Mubadala first acquired a stake in......

OMV to make Q4 value adjustments of about 1.7 billion euros

Reuters
The logo of Austrian oil and gas group OMV is seen at a gas station in Vienna, Austria, October 30, 2018. Picture taken October 30, 2018. REUTERS/Heinz-Peter Bader Register now for FREE unlimited access to Reuters.com Register BERLIN, Jan 13 (Reuters) – OMV (OMVV.VI)will make fourth-quarter cash-neutral writedowns and value......

Factors to watch – January 9

Reuters
DUBAI, Jan 9 (Reuters) – Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Whiplashed Wall Street struggles with mixed payrolls data Register now for FREE unlimited access to......

Sinopharm protein-based booster stronger against Omicron than earlier shot -study

Reuters
A nurse holds a syringe containing a coronavirus vaccine made by the Beijing Institute of Biological Products, a unit of Sinopharm subsidiary China National Biotec Group (CNBG), at a vaccination center during a government-organized visit, in Beijing, China, April 15, 2021. REUTERS/Thomas Peter Register now for FREE unlimited access to......

Saudi Arabia cuts February crude prices to Asia -sources

Reuters
Flames are seen at the production facility of Saudi Aramco’s Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah Register now for FREE unlimited access to Reuters.com Register Prices for all crude grades to Asia drop at least $1/bbl Price cuts not deep enough – trade......

OPEC+ agrees oil output increase from Feb

Reuters
A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register OPEC+ to add 400,000 bpd to output in February -sources Omicron variant seen having mild......

Israel to start reopening to foreigners, even as Omicron surges

Reuters
Some foreigners will be able to enter Israel as of Jan. 9 United States, Britain, UAE still on Israel’s ‘red list’ Israel expands eligibility for fourth COVID-19 vaccine dose JERUSALEM, Jan 3 (Reuters) – Israel said on Monday it will admit foreigners with presumed COVID-19 immunity from countries deemed medium-risk......

OPEC+ expected to stick with planned Feb output increase, sources say

Reuters
A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON/MOSCOW, Jan 3 (Reuters) – OPEC+ is expected to stick to its plans for a February output......

Saudi shares make positive start to 2022 despite COVID cases

Reuters
Traders wait at the Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed Register now for FREE unlimited access to Reuters.com Register Jan 2 (Reuters) – Saudi Arabian shares began 2022 on a positive note, in spite of a jump in......

Daily COVID cases in Saudi Arabia above 1,000, continue to climb in UAE

Reuters
A technician hangs N95 face masks to be sterilized with UVC light, amid the coronavirus disease (COVID-19) outbreak, at the Cleveland Clinic hospital in Abu Dhabi, United Arab Emirates, April 20, 2020. REUTERS/Christopher Pike Register now for FREE unlimited access to Reuters.com Register Jan 2 (Reuters) – Daily coronavirus cases......

Most Gulf bourses fall as Omicron concerns weigh

Reuters
A trader looks on near electronic boards showing stock market data at Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed
 Register now for FREE unlimited access to Reuters.com Register Dec 27 (Reuters) – Most stock markets in the Gulf fell......

Factors to watch – December 26

Reuters
DUBAI, Dec 26 (Reuters) – Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Fading Omicron concerns set up shares for weekly gain, dent dollar Register now for FREE......

Houthi projectile kills two in Saudi city of Jazan – Saudi state media

Reuters
CAIRO, Dec 25 (Reuters) – A Saudi citizen and a Yemeni resident were killed as a result of a Houthi projectile that hit the southern Saudi city of Jazan on Friday, Saudi state media reported citing a coalition statement. The projectile also left six Saudis and one Bengali resident injured......

Deutsche Bank, JP Morgan in UAE to switch to Monday-Friday work week

Reuters
A logo of Deutsche Bank AG is seen in Tokyo July 16, 2014. REUTERS/Toru Hanai Register now for FREE unlimited access to Reuters.com Register Dec 19 (Reuters) – Deutsche Bank AG (DBKGn.DE) and JPMorgan Chase & Co(JPM.N) are changing to a Saturday-Sunday weekend from the New Year in the United......

Iran reports its first case of Omicron coronavirus variant

Reuters
DUBAI, Dec 19 (Reuters) – Iran has confirmed its first case of the Omicron COVID-19 variant, the health ministry said on Sunday, while authorities urged Iranians to get their booster doses in the Middle East’s worst-hit country. Deputy Health Minister Kamal Heidari told state TV that the infected person was......

Most Gulf bourses in red on Omicron worries

Reuters
Dec 19 (Reuters) – Most Gulf stock markets fell in early trade on Sunday, responding to a slide in crude prices on Friday as surging cases of the Omicron coronavirus variant raised fears that new restrictions may hit fuel demand. Oil prices, a key catalyst for the Gulf’s financial markets,......

End of an era: Airbus delivers last A380 superjumbo

Reuters
PARIS/HAMBURG, Dec 16 (Reuters) – Airbus (AIR.PA) delivered the final A380 superjumbo on Thursday, to Dubai’s Emirates, marking the end of a 14-year run that gave Europe an instantly recognised symbol across the globe but failed to fulfil the commercial vision of its designers. Production of the world’s largest airliner......

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