#Russia

Gold heads for weekly gain as stocks drop before US jobs data

January’s employment report due Friday is expected to be weak

Oil gains on outlook for rising demand as Omicron wave fades

Crude has enjoyed a robust start to the new year, with prices soaring to the highest since 2014 last week

Dwindling OPEC+ spare capacity sets oil up for sizzling summer

Last month, the 10 OPEC nations in the accord managed only 60 per cent of their stipulated 250,000 barrel-a-day increase

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi announces launch of three new routes

The low-cost carrier will begin flights to Nur-Sultan in Kazakhstan, Yerevan in Armenia, and Krasnodar in Russia next month

Wizz Air Abu Dhabi to begin operations to Russia’s Krasnodar

Flights will operate twice a week, commencing from February 7, 2022

Saudi Arabia cuts oil prices for Asia buyers as OPEC adds supply

On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day

OPEC output boost severely limited as African members struggle

The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December

OPEC sees tighter first quarter as it considers output hike

It sees a surplus of 1.4 million barrels a day in the first three months of 2022

Etihad Airways SVO Moscow

UAE’s Etihad ramps up operations to Moscow

Etihad has launched its inaugural flight to the new International Terminal C at Moscow Sheremetyevo Alexander S. Pushkin International Airport

UAE says oil prices would be even higher if it wasn’t for OPEC+

Brent crude’s climbed 62 per cent this year to almost $84 a barrel

Oil drops at start of key week as Biden boosts pressure on OPEC+

Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to begin flights to Moscow in December

The Moscow route brings the carrier’s total network of destinations to 33

Expo 2020 Dubai pavilions: Ireland, Singapore, Russia, Saudi Arabia, Czech Republic, Switzerland, Bahrain, Austria

Here’s a list of eight participating country pavilions and their offerings

Oil heads for longest run of losses since March on virus, dollar

The delta variant has spurred fresh curbs on mobility in many nations including China, harming energy consumption

flydubai

Flydubai announces additional flights to Russia

It takes the Dubai-based carrier’s total operational network to over 80 destinations

Ras Al Khaimah International Airport Welcomes Rossiya Airlines

Rossiya Airlines commences direct flights between Ras Al Khaimah and nine cities in Russia

It will connect Ras Al Khaimah to Moscow, St. Petersburg, Kazan, Samara, Yekaterinburg, Nizhny Novgorod, Perm, Ufa and Rostov-on-Dov

Oil climbs above $60 as OPEC+ faces critical decision on supply

Data from the US and Asia do bolster the case for OPEC+ to loosen the taps

Russia COVID-19 vaccine Sputnik V

UAE Phase III trials of Russian Covid-19 vaccine, Sputnik V, begins in Abu Dhabi

The trials will initially be carried out on 500 volunteers

Oil steady near $50 after surging on Saudi output cut

The kingdom’s pledge comes amid more stay-at-home orders and travel restrictions to rein in a surge of infections

OPEC+ will react faster, be more hands-on with oil market, Saudi, Russian officials say

Saudi Energy Minister met in Riyadh on Saturday with Russian Deputy Prime Minister

Saudis raise crude price to Asia as vaccines buoy oil market

Aramco also increased pricing for light crude grades to the Mediterranean region

Pfizer vaccine

UK clears Pfizer-BioNTech Covid vaccine ahead of US, EU

The UK regulator, the Medicines and Healthcare Products Regulatory Agency, said the vaccine “met its strict standards of safety, quality and effectiveness”

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UAE bans import of birds, poultry from four countries due to bird flu concerns

The import ban extends to the Netherlands, Germany, several regions in the UK and select areas in Russia

G-20

Leaders at the Saudi-hosted G20 summit to pledge to ensure fair distribution of vaccines

The battle to counter the pandemic dominated the first day of a virtual summit of G20 nations on Saturday

Dubai’s Emirates ramps up A380 flights; adds services to UK and Russia

Emirates is expanding its services to the UK following the establishment of UK-UAE air corridor

Oil extends gains on signs OPEC+ edging toward keeping cuts

The producer group is considering keeping additional supply off the market for three to six months

Top 10 countries with the world’s largest oil reserves

The oil market has been hit hard in 2020, with prices plummeting to record lows

Crude oil japan

Saudi Prince and Putin urge OPEC+ compliance as oil prices sag

While oil prices have more than doubled since OPEC+ began curbing supplies, Brent crude is still down 36 per cent this year

UAE’s MeznSat satellite all set to launch from Russia

The MeznSat project will contribute to the UAE Space Agency’s objectives to develop national capabilities and enhance scientific research

Dubai’s Emirates resumes A380 service to Moscow

Emirates currently serves five cities utilising its A380 aircraft, including Cairo Paris, London Heathrow, Guangzhou and Toronto