Business Wire

With Putin’s Visit, UAE Takes Spotlight in the New World Order

Share

Watermelon Communications -- Patrick Michael, a commentator on the Middle East, wrote: Energy, Strategy, and Security; these three parameters have defined and shaped Russia-Middle East relations in the post-Cold War era. At a microcosmic level, this also applies in the case of UAE-Russia ties.

While energy creates interdependence and makes partnership the only viable option on the table, security and strategy continues to be an entangled web.

As Putin embarks on another significant visit to the Gulf – essentially UAE and Saudi Arabia – it’s time to revisit the three parameters. A good starting point is the conversion of views and strategies on energy supplies.

A broad agreement over the output cut is critical considering the pressure on oil prices in the wake of a slowing global economy. There’s nothing more fruitful for the industry and the economy than the big suppliers working in coordination and Russia “deeply values the significant contribution the UAE is making to the global oil cooperation under Opec.”

Putin’s visit to UAE is another testimony to the major role the host country has been playing in the new world order emerging as a result of increased Russian engagement in this part of the world.

With the volume of trade between the UAE and Russia reaching US$3.4 billion in 2018, it has become important for both sides to engage at various levels.

ADNOC officials recently held talks with Russian counterparts to discuss joint investment opportunities with Russia in a bid to further expand strategic partnership in the production of hydrocarbons and LNG. Mubadala is also keen to increase its investments in Russia.

Russia and the UAE are also in unison over the de-escalation of tension in the region, beginning with Yemen. They both also agree on preventing Iran from jeopardizing energy supplies and creating chaos.

However, it’s the element of security that’s of prime significance. Attacks on oil installations in recent months are a concern for both sides as no one can afford a disruption in supplies, let alone a security environment in which terrorists, and countries backing them, call the shots.

With the impending Putin visit, the UAE is destined to play a pivotal role in setting that agenda and acquiring centre stage in a newly emerging world order.

*Source: AETOSWire

Contact information

Watermelon Communications
Rasheed Palliyalil, +97142833655
rasheed@watermelonme.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

CORRECTING and REPLACING Salesforce Selects Esri as Key Geospatial Partner20.11.2019 18:29:00 CETPress release

The first sentence of the fifth paragraph should read: Salesforce Maps will be released at Dreamforce 2019 (instead of: Salesforce Maps will be released at Dreamforce 2019 and available for purchase in February). The corrected release reads: SALESFORCE SELECTS ESRI AS KEY GEOSPATIAL PARTNER Today at Dreamforce, Esri, the global leader in mapping and location intelligence, announced that Salesforce has selected Esri as the key geospatial partner for Salesforce Maps. Salesforce is integrating Esri’s ArcGIS Living Atlas, the foremost collection of global geographic data and basemaps. Salesforce Maps users will be able to access Esri’s ArcGIS Online, the leading geospatial cloud, giving businesses the ability to analyze and visualize massive amounts of geographic and demographic data. “Geo-services are becoming mainstream. Now Salesforce customers will unlock new insights and patterns in their customer data, enabling them to ‘See What Others Can’t’ through geographic visualization, using m

MSCI Completes Private Offering of $500 Million 4.000% Senior Notes Due 202920.11.2019 17:49:00 CETPress release

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that it has successfully completed its private offering of $500.0 million aggregate amount of its 4.000% senior unsecured notes (the “Notes”) due 2029 (the “Offering”). The Notes constitute a further issuance of, are fully fungible with, rank equally with and form a single series with the $500.0 million aggregate principal amount of the 4.000% senior unsecured notes due 2029 issued on November 7, 2019. The Notes will mature on November 15, 2029. MSCI intends to use the net proceeds from the Offering, together with available cash, for the pre-maturity redemption or repurchase of $500.0 million aggregate principal amount of its 5.250% senior unsecured notes due 2024 (the “2024 Notes”) pursuant to the indenture governing the 2024 Notes (the “Redemption”). There is currently $800.0 million aggregate principal amount outstanding on the 2024 Notes. M

Mouser Electronics and Grant Imahara Explore Crowd Funding for Innovators in Newest “Engineering Big Ideas” Video20.11.2019 16:54:00 CETPress release

Today Mouser Electronics Inc. and celebrity engineer Grant Imahara unveiled the third video in the Engineering Big Ideas series, part of their award-winning Empowering Innovation Together™ program. To watch the third video in the series, go to https://mou.sr/EIT2019-3. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120005734/en/ Join global distributor Mouser Electronics and engineer spokesperson Grant Imahara as they travel to Portland, Ore., to meet with Josh Lifton, President of Crowd Supply, in the latest Engineering Big Ideas video, part of Mouser’s Empowering Innovation Together program. Imahara and Lifton look at the processes and resources available to help innovators best determine whether it’s feasible to manufacture their ideas. To learn more, visit www.mouser.com/empowering-innovation/Engineering-Big-Ideas. (Photo: Business Wire) In part three, Imahara meets with Josh Lifton, President of Crowd Supply, a succe

Agroaceite, a subsidiary of AgroAmerica Tropical Oil Holding Corp. is Awarded the Community Impact RSPO Excellence Award 201920.11.2019 16:31:00 CETPress release

Agroaceite, a subsidiary of AgroAmerica, was awarded the Community Impact RSPO Excellence Award 2019 for the implementation of the "Human Development Center" project (HDC). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120005702/en/ Agroaceite, a subsidiary of AgroAmerica Tropical Oil Holding Corp. was awarded the Community Impact RSPO Excellence Award 2019 for the implementation of the "Human Development Center" project (HDC). The subsidiary has donated 10ha of plantations for the construction of the project that is comprised of a Medical Clinic and school for children of workers in Southwestern Guatemala. "It reflects the company's comprehensive vision to provide access to high-quality education & health coverage," Gustavo Bolaños -AgroAmerica COO- (Photo: Business Wire) The HDC project is based on the Sustainable Development Goals ; and is executed by Agroaceite, a subsidiary of AgroAmerica Tropical Oil Holding Corp;

Sagemcom and Com Hem First to Launch Wi-Fi 6 Cable Gateway on Multi-Gigabit Broadband Market20.11.2019 16:22:00 CETPress release

THIS NEXT GENERATION HOME GATEWAY ACHIEVES BREATHTAKING PERFORMANCE AND ALLOWS COM HEM CUSTOMERS REACHING MULTI-GIGABIT SPEEDS AND EXPERIENCING ENHANCED CONNECTIVITY. Designed by Sagemcom, DOCSIS 3.1 eMTA F@st 3896 maximises the distribution over Wi-Fi and 2.5Gbps LAN of the bandwidth coming from the DOCSIS 3.1 network. This product implements a true Wi-Fi 6 solution, offering better spectrum efficiency, higher network capacity, enhanced user experience and reduced latency on the home networking. It features the latest wireless technologies including OFDMA and 1024QAM modulation and it enables multi-device usages through an efficient bandwidth sharing. It is designed to maximize the throughput for each connected device in the home, to extend the Wi-Fi range and to reduce the power consumption of the connected devices. In addition, DOCSIS 3.1 eMTA F@st 3896 offers advanced broadband services with Sagemcom Swan®.It is also available with RDK-B and its open partner ecosystem. DOCSIS 3.1 e

Lega Serie A and Lega B Come Together for Venice Floods20.11.2019 15:52:00 CETPress release

On November 12, 2019, Venice was hit very hard by floods. The water reached a level of 187 cm. Lega Serie A and Lega B have joined the Protezione Civile (Civil Protection) initiative in support of Venice through the promotion of the solidarity number 45500 (2 euros SMS, only within Italy). Lega Serie A and Lega B will then engage in the realization of a project in support of Venice, for restoration of damaged artistic, sporting and social assets, in agreement with the local institutions. On Serie A TIM matchday 13 and Serie BKT matchday 14 fundraising for Venice will be promoted in all the stadiums through the sideline LED, graphics on the big screens and the reading of a message by the speaker. The funds raised will be transferred by the operators, without any charge, to the Department of Civil Protection. The destination of the funds raised will subsequently be assessed by the specially established Guarantor Committee. View source version on businesswire.com: https://www.businesswire