Chinese President Xi Jinping met leaders of the United Arab Emirates on Friday to bolster China’s economic ties with a key ally of Saudi Arabia, just as Beijing is emerging as a critical partner for an increasingly isolated Iran. The three-day visit by Mr. Xi to the U.A.E. comes at a crucial time for a region buffeted by Saudi-Iran tensions. Mr. Xi, like other Chinese leaders before him, has taken an evenhanded approach to the Middle East, courting both the Sunni Muslim Arab states led by Saudi Arabia and the U.A.E., as well... … [Read more...] about China Woos U.A.E. With Trade, Balancing Concerns Over Iran Ties
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United Arab Emirates officials have engaged in secret talks with a Libyan military commander seeking the Gulf state’s help in exporting Libya’s oil outside of United Nations-approved channels, Libyan, Emirati and European officials said. With the U.A.E.’s assent last month, Khalifa Haftar, the military commander of forces in eastern Libya, moved to cut off his political rivals in Tripoli in western Libya from 850,000 barrels a day of oil production and begin exporting the oil through a breakaway company based in his part of... … [Read more...] about U.A.E. Backed Militia Leader’s Bid to Take Control of Libyan Oil Exports
By Nicolas Parasie Nicolas Parasie The Wall Street Journal BiographyNicolas Parasie @NicolasParasie [email protected] June 25, 2018 3:59 p.m. ET 0 COMMENTS DUBAI—An Emirati public prosecutor has issued an arrest warrant for Abraaj Group founder Arif Naqvi and a longtime associate for allegedly writing bad checks for a total of at least $48 million, according to court documents reviewed by The Wall Street Journal. The arrest warrant adds to the troubles faced by Mr. Naqvi, whose private-equity firm in Dubai built a portfolio of nearly $14 billion but is now being sold off in pieces amid accusations that it misused investor money. Abraaj last week agreed to sell four funds to U.S. investment-management company Colony Capital Inc. The deal is still subject to a Cayman Islands court approval. The warrant stems from a June 5 criminal complaint made in the emirate of Sharjah by Hamid Jafar, a founding investor in Abraaj, and the father of Badr Jafar, who is a board … [Read more...] about Abraaj Founder Faces Arrest Warrant in U.A.E.
By Doug Cameron Doug Cameron The Wall Street Journal BiographyDoug Cameron @dougcameron [email protected] May 11, 2018 7:16 p.m. ET 0 COMMENTS The U.S. and the United Arab Emirates on Friday said they had agreed to preserve their security partnership even as their dispute over alleged government subsidies to Gulf carriers remains unresolved. The deal to be unveiled Monday commits Dubai-based Emirates Airline and Etihad Airways in neighboring Abu Dhabi to improve financial disclosures and freeze some extra flights, though neither carrier had planned to expand services that pick up passengers in Europe en route between the U.S. and the U.A.E. The agreement falls well short of demands by some U.S. carriers and labor unions that have spent an estimated $50 million on lobbying over the past three years for U.S. lawmakers to curb the expansion of three state-owned carriers: Emirates, Etihad and Qatar Airways. The rapid growth of the Gulf carriers, by leveraging their … [Read more...] about U.S. and U.A.E. Reach New Air Travel Agreement
Supported by Politics By MARK MAZZETTI, DAVID D. KIRKPATRICK, BEN PROTESS and SHARON LaFRANIEREAPRIL 4, 2018 Continue reading the main story Share This Page Continue reading the main story WASHINGTON — A witness who is cooperating in the special counsel investigation, George Nader, has connections to both the Persian Gulf states and Russia and may have information that links two important strands of the inquiry together, interviews and records show.Mr. Nader’s ties to the United Arab Emirates are well documented — he is an adviser to its leader — but the extent of his links to Russia have not been previously disclosed.Mr. Nader, a Lebanese-American businessman, has a catalog of international connections that paved the way for numerous meetings with White House officials that have drawn the attention of the special counsel, Robert S. Mueller III. For example, Mr. Nader used his longstanding ties to Kirill Dmitriev, the manager of a state-run Russian … [Read more...] about Witness in Mueller Inquiry Who Advises U.A.E. Ruler Also Has Ties to Russia