Qatar, Saudi Arabia and Kuwait have strongly condemned an attack on two UAE oil tankers in the Strait of Hormuz. The three Gulf states issued separate statements on Friday. They said attacks on commercial ships are a serious threat to safe shipping. They also warned that such incidents could raise tension across the Gulf. The two tankers are operated by Abu Dhabi National Oil Company, known as ADNOC. They were attacked while sailing through the Strait of Hormuz late Thursday. The incident has drawn fast attention from Gulf governments. The waterway is one of the world’s most important routes for…
Author: OMN AI
Tensions around the Strait of Hormuz are rising after the United Arab Emirates accused Iran of attacking another tanker linked to its state oil company. The vessel was traveling through the strait on Friday when it was hit, according to UAE state media. The ship belongs to Abu Dhabi National Oil Company, known as ADNOC. No injuries were reported. The company said the situation was under control. The incident is the third reported attack on an ADNOC tanker in less than one week. The UAE says the attacks were carried out by Iran as the conflict around the key waterway…
Holcim UAE has launched a landmark decarbonisation initiative alongside climate tech pioneer 44.01.The partnership marks the first carbon capture and underground mineralisation pilot project tailored specifically for the cement sector in the United Arab Emirates. The pilot facility is set up at the Fujairah cement plant.It extracts emissions directly from flue gas generated during live operations.System operators expect the equipment to capture up to 4.5 tonnes of carbon dioxide each day.This continuous process ties heavy industrial activity directly into local storage networks. After the gas is trapped, logistics teams move the captured carbon to designated injection sites. Technicians then pump…
Norway and the United Arab Emirates are adding more crypto to their national balance sheets. Big state funds now choose indirect paths to buy into the top digital asset. State funds in Norway and the United Arab Emirates have increased their crypto holdings. They do not buy coins directly. Instead, they buy shares in top firms and funds that hold the asset. This move helps them avoid security risks and strict legal rules. Norway operates the largest state fund on Earth. It is called the Government Pension Fund Global. Many call it the Oil Fund. Norges Bank Investment Management controls…
Iraq faces an intensifying economic crunch as disruptions along major maritime routes severely choke its primary source of national revenue. With crude shipments dropping to roughly half of their normal 3.4 million barrels per day, the government is struggling to meet basic budget demands. In response, Baghdad has turned to dynamic partnerships with energy operators in the United Arab Emirates to keep vital supply lines moving. The Abu Dhabi National Oil Company has emerged as an indispensable logistical partner for Iraq. Ali Nizar, director general of the State Oil Marketing Organization in Iraq, confirmed that Iraqi crude is being sold…
The United Arab Emirates has accused Iran of mounting a strike on two oil tankers in the Persian Gulf.Officials say the vessels were hit while passing through a narrow water route on Thursday night.State energy leaders confirm that Abu Dhabi owns both damaged ships. Drone attack in Strait of Hormuz risks have reached new peaks as global eyes watch the area. The two commercial vessels were moving through the key oil passage when the strikes occurred. Local crews managed to keep the ships safe. Officials reported no fires and no leaks of toxic crude oil into the sea. The ships…
The Central African Republic reached a major energy milestone this week. The nation officially launched a new photovoltaic solar power facility.This milestone project will raise national electricity generation by over 60 percent. The site sits about 10 kilometers outside the capital city of Bangui. Local officials and foreign partners gathered to celebrate the opening. Global South Utilities built and owns the massive energy complex.The firm operates out of Abu Dhabi. Work on the site moved quickly from start to finish. Crews completed the complex installation in just 10 months. The rapid completion highlights strong cooperation between both nations. The new…
Network tech leader Ciena secured a high profile regional deal. Telecom giant e& UAE selected Ciena to build a next generation optical network.The new system relies on high capacity DWDM technology to move vast amounts of data.At the same time, Ciena completed a quantum safe network trial with Toshiba and Quantum Corridor. These twin wins highlight the growing role of Ciena in global digital infrastructure. The Middle East build tackles rapid growth in data usage. Regional demand for fast cloud links continues to surge month after month. Ciena will supply its advanced WaveLogic 6 Extreme optical engine for the project.The…
A major strategic pact aims to build defense capability. Two key space and tech firms joined hands to strengthen regional security. Space42 and Leonardo DRS signed a strategic national defense deal. The main goal of this pact is to protect critical assets. Both firms will unite their strong tech skills. This deal supports national defense in the United Arab Emirates. The agreement sets up a solid firm framework. It connects advanced mission systems with satellite networks. The two groups announced this agreement on August 12. The strategic project helps build a safe defense ecosystem. Leonardo DRS brings key technical skills…
Lockheed Martin Corp secured a major deal from the defense sector.The defense firm earned a new deal modification worth 211.4 million dollars.This money comes directly from a foreign customer.The United Arab Emirates will fund the full price of this deal.The agreement expands a key defense pact signed in 2019. With this change, the total deal value jumps to 1.05 billion dollars. The work focuses on advanced air defense units. Under the expanded deal, the firm will build new launchers.These items are known as Configuration 3 units.They belong to the THAAD defense system.THAAD stands for Terminal High Altitude Area Defense.This equipment…