In a significant development, U.S. oil giant Chevron Corp is staking its natural gas future on the Middle East, a typically volatile region where energy majors have long tread warily. Chevron’s CEO Michael Wirth’s Middle Eastern pivot underpins a bet that… Read More ›
On Tuesday, following a U.S. brokered agreement, the first ever official delegation from the United Arab Emirates left for Israel with the two countries looking to broaden ties and normalise relations. According to Israeli officials, the visit will be largely… Read More ›
In a statement the U.S. Treasury Department said, Treasury Secretary Steven Mnuchin will lead a U.S. delegation to Israel, Bahrain and the United Arab Emirates on October 17 to 20. The visit comes in the wake of the UAE and… Read More ›
In a significant development, the energy ministers of the United States, Israel and the United Arab Emirates said, they will develop a joint strategy for greater coordination in the energy sector; the trio will also jointly collaborate to mitigate energy… Read More ›
On Monday, in a statement Israel’s Intelligence Minister Eli Cohen stated, the annual trade between Israel and the United Arab Emirates is likely to touch $4 billion. The development comes in the wake of an announcement by both countries that… Read More ›
In a statement, the CEO of Arcturus Therapeutics Holdings Inc disclosed, the U.S.-based company is in discussions with around a dozen countries for a COVID-19 vaccine supply agreement. The company is in early human testing of its COVID-19 candidate. In… Read More ›
In a statement, Eli Defes, chairman of El Al Israel Airlines stated, he is stepping down with immediate effect due to an undisclosed medical condition. In 2015, Defes had joined El Al’s board and became its chairman in 2017. It… Read More ›
On Monday, Israeli defense firm Elbit Systems Ltd stated, it has won contracts worth $136 million to provide customers in Asia-Pacific with airborne laser direct infrared countermeasure (DIRCM) systems. The DIRCM systems are designed to protect aircraft against heat-seeking ground-to-air… Read More ›
Israel will start exporting gas to Egypt from January 2020. In a regulatory filing in Tel Aviv, Israel’s Delek Drilling stated, shares have been transferred to buyers in a joint venture called EMED between Texas-based Noble Energy and Delek wherein… Read More ›
This step is among the few concrete steps the UK government has taken towards mitigating issues revolving around Brexit. On Monday, Switzerland and Britain are scheduled to sign an agreement which will the continuance of their trade on preferential terms… Read More ›
