The United Arab Emirates has pardoned a British researcher Matthew Hedges who was sentenced last week to life in prison for spying in a case that shocked Britain. Hedges was among more than 700 prisoners pardoned by UAE President Sheikh Khalifa bin Zayed Al-Nahyan on the occasion of National Day. “Mr. Hedges will be permitted […]
The New Agenda for Positive Change, a civil society organization has taken a swipe at the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar for reportedly holding a strategy session with members of his team in Dubai, UAE. The Dubai meeting had in attendance, Atiku’s running mate, Peter Obi; the Senate President, […]
The price of Organisation of Petroleum Exporting Countries’, OPEC’s, basket of fourteen crudes stood at US$59.90 a barrel on Friday, November 17, 2017, compared with $59.98 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), […]
The United Arab Emirates (UAE) has urged the Organization of Petroleum Exporting Countries (OPEC) to inform its buyers about production cut figures by member-countries. In November, OPEC agreed to cut production by 1.2 million barrels per day in order to increase oil prices. “As you saw, the GCC [Gulf Cooperation Council] companies announced to the […]