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Maha El Dahan

Saudi energy minister says oil market on 'right track'

13 Jan 2019

ABU DHABI Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday the oil market is "on the right track" and will quickly return to balance, but oil producers are willing to do more if needed.

OPEC is not the enemy of the U.S., UAE energy minister says

12 Jan 2019

ABU DHABI Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.

CORRECTED-(OFFICIAL) UPDATE 1-OPEC is not the enemy of the US, UAE minister says

12 Jan 2019

ABU DHABI, Jan 12 The Organization of Petroleum Exporting Countries is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.

A bank divided: Yemen's financial crisis hits food imports

20 Dec 2018

ADEN/LONDON The central bank of Yemen, split into two rival head offices reflecting a country divided by war, has been slow to finance imports of food needed to fend off widespread hunger, sources with knowledge of the matter have told Reuters. | Video

A bank divided: Yemen's financial crisis hits food imports

20 Dec 2018

ADEN/LONDON, Dec 20 The central bank of Yemen, split into two rival head offices reflecting a country divided by war, has been slow to finance imports of food needed to fend off widespread hunger, sources with knowledge of the matter have told Reuters.

Yemen warring parties agree to reopen Sanaa airport, resume oil, gas exports

12 Dec 2018

RIMBO, Sweden/ADEN Yemen's warring parties agreed on Wednesday to reopen Sanaa airport in the Houthi-held capital and resume oil and gas exports, sources said, as Western nations pressed them to accept confidence-building steps before the end of U.N.-led peace talks in Sweden.

UPDATE 3-Traders say Egypt delays wheat payment guarantees, ministry dismisses criticism

05 Dec 2018

* Cairo prioritises spending on bread subsidies (Adds Supply Ministry statement)

UAE jails Briton for life for spying, UK assails 'unacceptable' ruling

22 Nov 2018

ABU DHABI A UAE court sentenced a British academic to life in prison on charges of spying for the British government on Wednesday, in a move Britain said would have serious diplomatic consequences for relations between the old allies. | Video

Saudi's Falih says analysis shows need for 1 million bpd cut in oil output

12 Nov 2018

ABU DHABI Saudi Energy Minister Khalid al-Falih said on Monday OPEC and its allies agree that technical analysis shows a need to cut oil supply next year by around 1 million barrels per day (bpd) from October levels to balance the market.

UPDATE 2-Saudi's Falih says analysis shows need for 1 mln bpd cut in oil output

12 Nov 2018

* Falih: "We need to do whatever it takes to balance the market"

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