Saudi Arabia
Riyadh-led OPEC+ raises quotas as region teeters on escalation
Saudi Arabia, Russia and five other OPEC+ members meeting online Sunday agreed to raise oil production quotas for September, even as war rages across the Middle East.
The UAE and Chad are stepping up their financial collaboration, following a high-level meeting between UAE Minister of State for Financial Affairs, Mohamed bin Hadi Al Hussaini, and his Chadian counterpart, Tahir Hamid Nguilin, Minister of Finance, Budget, Economy, Planning, and International Cooperation.
The delegations of both countries met Thursday in Dubai © WAM
The UAE and Chad are stepping up their financial collaboration, following a high-level meeting between UAE Minister of State for Financial Affairs, Mohamed bin Hadi Al Hussaini, and his Chadian counterpart, Tahir Hamid Nguilin, Minister of Finance, Budget, Economy, Planning, and International Cooperation.
The agenda: unlock new opportunities for financial cooperation, strengthen institutional ties, and ramp up the exchange of expertise in fiscal governance.
Al Hussaini reaffirmed the UAE’s commitment to deepening ties with African partners. “We believe in building strong, results-driven financial partnerships. Sharing technical know-how and investing in talent are key to resilient public finance systems,” he said.
Both sides highlighted the urgency of turning dialogue into action—through capacity-building programs, shared best practices, and agile cooperation frameworks aligned with their national development agendas.
By Hussein Tal
Saudi Arabia, Russia and five other OPEC+ members meeting online Sunday agreed to raise oil production quotas for September, even as war rages across the Middle East.
President Donald Trump said late on Saturday the U.S. would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
US embassies in Jerusalem, Baghdad and Amman issued security alerts Saturday urging American citizens to exercise "heightened vigilance," as tensions flare between Iran and the United States. Americans were also told to "consider departing, or be prepared to depart should there be escalation."
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.