Dubai

DUBAI, July 3 (Reuters) - Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil cuts on Monday, sending prices higher despite concerns over a global economic slowdown and possible further interest rate hikes from the U.S. Federal Reserve.

Saudi Arabia said it would extend its voluntary oil output cut of one million barrels per day (bpd) for another month to include August, adding that the cut could be extended beyond that month.

DUBAI, June 22. /TASS/: Qatar’s authorities support a peaceful resolution of the Ukrainian crisis and urge the sides not to take any steps which may lead to an escalation, Qatari Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman bin Jassim Al-Thani said at a meeting with Russian Foreign Minister Sergey Lavrov in Moscow on Thursday.

DUBAI, United Arab Emirates (AP) — Kuwait reached an agreement worth $367 million with Turkish drone giant Baykar to purchase its increasingly sought-after TB2 combat drones, the Kuwaiti army said.

The drone, Bayraktar TB2, boasts unmanned aerial vehicles that can carry lightweight, laser-guided bombs, and fly for up to 27 hours at a time, which, according to the company, was “a record,” it had set while testing the drone in Kuwait in 2019.

The announcement, on Tuesday, would set Kuwait to become the 28th country to procure the TB2 drones.

DUBAI, June 11 (Reuters) - The West could not stop Iran from building nuclear weapons if Tehran wanted a pursue a nuclear arms programme, Iran's Supreme Leader Ayatollah Ali Khamenei said on Sunday, amid mounting tensions over the country's advanced nuclear work.

"Talks about Tehran's nuclear weapons is a lie and they (the West) know it. We do not want nuclear arms based on our religious believes. Otherwise they would not have been able to stop it," Khamenei said, according to state media.

DUBAI, June 11 (Reuters) - Iran's supreme leader on Sunday said a deal with the West over Tehran's nuclear work was possible if the country's nuclear infrastructure remained intact, amid a stalemate between Tehran and Washington to revive a 2015 nuclear pact.

Months of indirect talks between Tehran and Washington to salvage the nuclear accord with six major powers have stalled since September, with both sides accusing each other of making unreasonable demands.

DUBAI, United Arab Emirates (AP) — Voters in Kuwait cast their ballots Tuesday for a third time in as many years, with little hope of ending a prolonged gridlock between the ruling family and assertive lawmakers after the judiciary dissolved the legislature earlier this year.

Kuwait is alone among Gulf Arab countries in having a democratically elected assembly that exerts some checks on the ruling family. But in recent years, the political system has been paralyzed by infighting and unable to enact even basic reforms.

DUBAI, June 1. /TASS/: Iran's accession to the Shanghai Cooperation Organization will be completed in July, the country’s Foreign Minister Hossein Amirabdollahian said on Thursday.

"We will become a full-fledged member of the Shanghai Cooperation Organization in July, when the next summit of the association is to take place," he said as quoted by the Tasnim news agency saying.

DUBAI, United Arab Emirates (AP) — Belgium and Iran conducted a prisoner exchange Friday in Oman, with officials saying Tehran released a Belgian aid worker in exchange for an Iranian diplomat convicted of attempting to bomb a meeting of exiles in France.

The initial announcement by Oman’s Foreign Ministry did not identify the prisoners being swapped.

DUBAI, United Arab Emirates (AP) — Dubai International Airport had over 21.2 million passengers pass through its terminals in the first quarter of the year, potentially nearing numbers it saw before the coronavirus pandemic grounded air traffic around the world.

The Dubai airport, the home of the long-haul carrier Emirates, is the world’s busiest for international travel and serves as a bellwether for the global aviation industry.

DUBAI, United Arab Emirates (AP) — Two oil tankers recently seized by Iran are anchored off the coast of one of its key port cities on the strategic Strait of Hormuz, according to satellite photos analyzed by The Associated Press on Sunday.