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Issue 1181 - 24 November 2023

Bahrain's King Hamad: Flight training

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Bahrain's King Hamad Bin Isa Al-Khalifa was given a refresher flying course in November. King Hamad, who among other titles is supreme commander of the country’s armed forces, graduated as a helicopter pilot in January 1978.

Bahrain
Issue 1181 - 24 November 2023

Oman signs LNG supply deal with BP

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Muscat has signed a contract to delivery 1m t/yr of liquified natural gas (LNG) to United Kingdom-based energy major BP. The agreement was signed by Oman LNG on 21 November and will run for nine years, starting in 2026.

Oman
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A 60-year operating licence for the fourth and final unit at the UAE's Barakah nuclear power plant was issued to Nawah Energy Company by the Federal Authority for Nuclear Regulation. The plant will have a total generation capacity of 5.6GW once complete.

United Arab Emirates (UAE)
Issue 1181 - 23 November 2023

Dubai's Hamdan Bin Mohammed: AI competition

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Dubai Crown Prince Sheikh Hamdan Bin Mohammed Bin Rashid Al-Maktoum launched a generative artificial intelligence (AI) competition in early November, with prizes of AED1m ($272,000) available for winners of the Global Prompt Engineering Championship.

United Arab Emirates (UAE)
Free

Qatar Foundation (QF) chair Sheikha Moza Bint Nasser led a roundtable discussion in Doha in November to review the humanitarian situation in Gaza and ways to provide support to Palestinians.

Palestine | Qatar
Issue 1181 - 22 November 2023

Kuwait records a rare budget surplus

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Kuwait recorded a KD6.5bn ($21bn) surplus for fiscal year ending 31 March 2023, its first annual surplus since 2014/15.

Kuwait
Issue 1181 - 21 November 2023

EBRD: Baghdad joins development bank

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Iraq joined the European Bank for Reconstruction and Development (EBRD) in November, taking the London-based multilateral's number of shareholders to 74. Joining the bank means Baghdad will be able to apply for financial and policy support from the EBRD.

Iraq
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Sheikh Khalid Bin Mohammed Bin Zayed Al-Nahyan has attempted to cement his status within the political arena and strengthen his profile among local citizens since he was named Abu Dhabi’s crown prince on 29 March, in a move which put the 41 year-old first in line to succeed his father, President Sheikh Mohammed Bin Zayed Al-Nahyan (MBZ). 

United Arab Emirates (UAE)
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Hussein Ali Saleh Al-Fadala has taken up his position as Qatar's first consul general in the Kurdistan Region of Iraq. Qatar opened its consulate in Erbil during the summer.

Iraq | Qatar
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With increasing amounts of Moscow's business now being transacted through Gulf states, impending G7 and EU sanctions on Russian diamond exports offer opportunities and risks for the Dubai Diamond Exchange, which has grown rapidly to become the largest trading hub in the world for the rough gems. 

United Arab Emirates (UAE)
Issue 1180 - 08 November 2023

Riyadh signs deals for 1.5GW of solar power

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Saudi Power Procurement Company (SPPC) signed power purchase agreements (PPAs) covering a total of 1.5GW of solar photovoltaic power, under round four of the National Renewable Energy Programme.

Saudi Arabia
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Abu Dhabi International Airport is to be renamed Zayed International Airport, after the UAE’s founding president, the late Sheikh Zayed Bin Sultan Al-Nahyan.

United Arab Emirates (UAE)
Issue 1180 - 07 November 2023

Sudan peace talks held in Riyadh

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Saudi Arabia hosted fresh talks in late October between President General Abdel-Fattah Burhan’s Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) led by Lieutenant General Mohammed Hamdan Dagalo (often known as Hemedti).

Saudi Arabia
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Second Deputy Ruler of Dubai Sheikh Ahmed Bin Mohammed Al-Maktoum was named supreme chairman of the Mohammed Bin Rashid Al-Maktoum Humanitarian and Charity Establishment on 5 November, via a decree issued by his father, Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum.

United Arab Emirates (UAE)
Issue 1180 - 07 November 2023

UAE: Edge buys into helicopter drone maker

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State-owned Edge Group announced the acquisition of a 52% shareholding in Swiss unmanned helicopter specialist Anavia on 6 November.

United Arab Emirates (UAE)