Keyword: unitedarabemirates
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The United Arab Emirates is spending $20 billion on OpenAI’s Stargate UAE. The project is billed as a sovereign AI capability, yet it relies entirely on American chips, software, and infrastructure. This is the sovereign AI paradox: The harder nations push for AI independence, the deeper their dependencies become.The UAE is not alone. From Paris to New Delhi, governments are pouring billions into so-called “sovereign” frontier models. France backs Mistral. India promotes BharatGPT. Each promises strategic autonomy yet is dependent on a globalized stack.The term “AI factories,” adopted by Nvidia CEO Jensen Huang, rebrands data centers as strategic infrastructure akin...
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SummaryEight OPEC+ members met online OPEC+ cites steady economic outlook, healthy fundamentals Started unwinding output cuts in April For more detail on OPEC+ unwinding its cuts, see Explainer LONDON/MOSCOW, May 31 (Reuters) - The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels per day for July as it looks to wrestle back market share and punish over-producers. Having spent years curbing production - more than 5 million barrels a day (bpd) or 5% of world demand - eight OPEC+ countries made an modest output increase in April before...
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The president didn’t travel all that way for photo ops. But here’s the greatness that most analysts have missed. President Trump’s recent trip to the Middle East was groundbreaking on many levels: economic, diplomatic, and strategic. In each of the countries he visited, he was greeted warmly by all the highest-ranking officials. He lined up billions in economic agreements with Saudi Arabia, Qatar, and the United Arab Emirates. However, Trump didn’t travel all that way for photo ops. Although the economic agreements are important, his boldest move was meeting with the new Syrian president Ahmed al-Sharaa and the agreement to...
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A month before President Trump’s inauguration, Middle East envoy Steve Witkoff flew to the United Arab Emirates with two goals: discussing regional issues with the Abu Dhabi royal known as the “spy sheikh,” and attending a cryptocurrency conference. Less than five months later, Witkoff’s son, co-founder of the crypto venture World Liberty Financial, took the stage at a conference in Dubai to announce the company had struck a deal for the sheikh’s company to buy $2 billion of their new cryptocurrency. The expected tens of millions of dollars in annual profits would be split between the Witkoffs and their co-founders—and...
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Abstract: Among growing indications of human occupation in the coastal regions of southern and southeastern Arabia extending into the Neolithic and beyond, this study introduces new archaeological evidence, namely bifacial arrowheads and trihedral points, suggesting human presence at the Saruq Al-Hadid site in the fringe of Rub' Al Khali during the mid-Holocene period. Human activities in the site are dated to the 'Dark Millennium' and Bronze Age. We suggest that Contexts 10 and 8 are an extension of the activities of the Horizon IV, located 20 m to the West. This is evidenced by the similarity in the simple reduction...
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Ancient UAE Was Active Trading Hub© XPRESS/DANESH MOHIUDDIN Archaeologists now claim that the Arabian Peninsula was home to developed settlements during the same period. Published: August 16, 2007, 12:13 By Derek Baldwin, Staff Reporter You might want to set aside those early school lessons that taught you the dawn of Western civilisation was confined to Mesopotamia (modern-day Iraq). An expert panel of archaeologists from around the world now claim the Arabian Peninsula – long thought to be a barren wasteland from around 5,000BC – was home to developed settlements during the same period. In the August 3 edition of Science...
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SummaryTrump's Gulf tour sidelines Netanyahu, marks new Middle East order Netanyahu's stance on Gaza, US-Iran talks creates rift with US Massive arms and financial deals signal US pivot to wealthy Gulf Domestic critics say Netanyahu's policies leave Israel paralysed Dubai, May 18 (Reuters)- - Nothing captured Israeli Prime Minister Benjamin Netanyahu's isolation more starkly this week than the image of U.S. President Donald Trump shaking hands with Syria's Islamist leader Ahmed al‑Sharaa - a man Israel has branded "an al‑Qaeda terrorist in a suit." "He's got the potential. He's a real leader," Trump told reporters after talks with Sharaa on...
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President Trump shed his shoes Monday to take in the splendor of the largest mosque in the United Arab Emirates — a rare visit by a sitting American chief executive to an overseas Muslim house of worship. “It’s so beautiful,” Trump, clad in stocking feet as a mark of respect, told reporters inside the Sheikh Zayed Grand Mosque. “This is an incredible culture.” Trump, 78, was joined at the ornate white marble edifice by Abu Dhabi’s crown prince Khaled bin Mohamed Al Nahyan, who recently signed a deal with Disney to develop a theme park on nearby Yas Island. The...
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Disney, which infamously sparred with Gov. Ron DeSantis, R-Fla., over what the company claimed was a "Don’t Say Gay" bill, now plans to build a new theme park in the United Arab Emirates (UAE), a Middle Eastern country that criminalizes homosexuality. The entertainment company announced on Wednesday that it will open its seventh park on Yas Island in Abu Dhabi, the capital city of the UAE. "This is a thrilling moment for our company as we announce plans to build an exciting Disney theme park resort in Abu Dhabi, whose culture is rich with an appreciation of the arts and...
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Christian evangelist Franklin Graham is urging Americans to pray for President Donald Trump ahead of the commander-in-chief’s trip to the Middle East. “Pray for President @realDonaldTrump as he travels to the Middle East for meetings,” Graham wrote on Monday morning. “There will be much pressure put on him relating to Israel, Gaza, and the Palestinians.” “Pray for God’s protection, and may God give him wisdom,” he added. White House Press Secretary Karoline Leavitt previewed Trump’s four-day trip to the Middle East on Friday, telling reporters that Trump plans to “reemphasize his continued vision for a proud, prosperous, and successful Middle...
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President Trump and Israeli Prime Minister Benjamin Netanyahu are seemingly at odds amid a U.S. truce with Houthis in Yemen and the President seeking to peacefully negotiate a nuclear deal with Iran without plunging the United States into another endless war. According to Axios, Trump met with Israeli Strategic Affairs Minister Ron Dermer in private on Thursday to discuss upcoming nuclear talks with Iran and Israel’s Gaza campaign. Dremer also met with Vice President JD Vance, Secretary of State Marco Rubio, and special envoy Steve Witkoff. Trump is expected to visit Saudi Arabia, Qatar, and the United Arab Emirates on...
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Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen as the initial, alarming sign of looming turmoil. A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic troubles, and sometimes political unrest, as governments slash spending. Analysts who had already been predicting lower oil prices because of softening demand amid increased global production said the possibility of a tariff trade war and the overall climate of uncertainty could well deepen producers’ woes....
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Prime Minister Benjamin Netanyahu spoke via phone on Tuesday with US President Donald Trump, the American leader said, declaring that the pair “are on the same side of every issue.” The call covered “numerous subjects including Trade, Iran, etc.,” Trump wrote on his social media platform, Truth Social, adding that the conversation went “very well.” Notably, Trump did not include Gaza or the 59 hostages being held there in his list of topics discussed amid the ongoing impasse in ceasefire negotiations between Israel and Hamas. However, according to a report in Axios, the pair did talk about efforts to reach...
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The BRICS group of nations—Brazil, Russia, India, China, and South Africa—has long aimed to challenge Western-controlled financial systems and reduce the world’s reliance on the US dollar. Now, that mission is getting an unexpected push, thanks to new tariff policies introduced by US President Donald Trump. BRICS Bloc Gains Momentum Amid US Trade Setbacks Trump has declared what he calls “Liberation Day,” a move that marks one of the biggest protectionist trade shifts since the 1930s. These new tariffs target both enemies and allies, and are expected to slow trade, increase prices in the US, and put brakes on global...
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Reports this week indicated that US President Donald Trump may visit Saudi Arabia in the coming months. This is important because it would be his first trip abroad as president. It will also be a repeat of a trip he took during his first term. During his first term, in May 2017, he travelled to Saudi Arabia for the US-Arab-Islamic Summit. He met with Saudi King Salman and Egyptian President Abdel Fattah al-Sisi during that trip, among other leaders who attended During the May 2017 trip, Trump said, “I stand before you as a representative of the American People, to...
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Russian President Vladimir Putin said that Ukraine could be placed under a “temporary administration” as part of a peace process that could include help from North Korea and other Moscow allies, according to Russian state media. Speaking to a group of servicemen in Russia’s northern port of Murmansk, Putin laid out several provisions for a peace process to end the three-year war launched by Moscow in February 2022, according to Russia’s state news agency, TASS. Among Putin’s many suggestions was a call for new elections in Ukraine and the “signing of key accords” once the country is under international administration,...
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The United Arab Emirates (UAE) has committed to a 10-year, $1.4 trillion “investment framework” in the U.S., the White House announced Friday. The new framework “will substantially increase the UAE’s existing investments in the U.S. economy in AI infrastructure, semiconductors, energy, and American manufacturing,” according to the administration. The UAE committed to the investments after President Trump hosted the UAE’s national security adviser, Sheikh Tahnoon bin Zayed, and the heads of major UAE sovereign wealth funds and corporations for a meeting in the Oval Office earlier this week. Among the investments under the framework, the UAE investment fund ADQ and...
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On the face of it, Trump’s plan for the US to occupy Gaza is not remotely feasible, but that could all be part of the president’s scheme. US President Donald Trump dropped a bombshell on Tuesday when he announced that the United States will take over the Gaza Strip for the foreseeable future. With his declaration, the president has once again thrown a diplomatic grenade into the Middle East conversation – not a particularly quiet region at the best of times and one beset by 15 months of war. The proposal – one that envisions the US developing Gaza, creating...
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Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald Trump and Russian President Vladimir Putin, two Russian sources with knowledge of the discussions told Reuters. -snip- Saudi Arabia and the UAE did not respond to requests for comment. The Kremlin declined comment. But both Trump and Putin have developed friendly relations with rulers of Saudi Arabia and the UAE. Trump said on Sunday that his administration had "meetings and talks scheduled with various parties, including Ukraine and Russia." When asked about those remarks, Kremlin spokesman Dmitry Peskov said...
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Each country—while referencing “sovereignty” and “de-escalation”—chooses to avoid condemning Israel outright, instead placing emphasis on the broader threats to regional stability. In a region where alliances are as complicated as ever, Saudi Arabia, the United Arab Emirates, and Egypt have responded to Israel’s latest military strike on an Iranian base with words that speak volumes – not for what they say, but for what they leave unsaid. This wasn’t the usual wave of condemnations aimed squarely at Israel; instead, these responses were notably measured, almost neutral, hinting that a quiet shift may be underway among these regional powers. Each country...
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