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Trump Ally’s #UAE Lobbying Struck Heart of Democracy, U.S. Says - Bloomberg video

Trump Ally’s UAE Lobbying Struck Heart of Democracy, U.S. Says - Bloomberg Even before Donald Trump was elected president in November 2016, a foreign government turned to one of his close associates in an effort to gain influence -- and this time it wasn’t Russia.Instead, according to an indictment of Trump’s former inaugural chairman Tom Barrack unveiled on Tuesday, the nation that sought such clout was the United Arab Emirates, a staunch U.S. ally in the Persian Gulf region. Prosecutors say ...
Tags: Travel, Russia, Emirates, United Arab Emirates, Donald Trump, Uae, Trump, Persian Gulf, Barrack, Rupert Neil Bumfrey, Tom Barrack, Herrington, Trump Ally, U S Barrack, Matthew Herrington Barrack


#Iran Plans First Oil Export From Gulf of Oman Port Next Week - Bloomberg

Iran Plans First Oil Export From Gulf of Oman Port Next Week - Bloomberg Iran plans to ship a cargo of oil from a port in the Gulf of Oman next week, its first crude export from outside the Persian Gulf and beyond the Strait of Hormuz.“The first vessel has arrived in the Jask region and we expect operations to load heavy crude to start Monday noon,” Vahid Maleki, director of the Jask Oil Terminal, told the state-run Islamic Republic News Agency.He didn’t elaborate on the size of the cargo or i...
Tags: Travel, Washington, Iran, Vienna, Donald Trump, Strait Of Hormuz, Persian Gulf, Gulf of Oman, Jask, Rupert Neil Bumfrey, Islamic Republic News Agency, Vahid Maleki, Jask Oil Terminal, Goreh Jask, Persian Gulf coast


Mubadala Is Said to Seek Over $20 Billion Value for EGA in IPO - Bloomberg

Mubadala Is Said to Seek Over $20 Billion Value for EGA in IPO - Bloomberg Mubadala Investment Co. is seeking a value of more than $20 billion including debt for Emirates Global Aluminium PJSC as it inches closer to listing the business, according to people familiar with the matter.The Abu Dhabi sovereign wealth fund has asked banks to start pitching for roles on an initial public offering of EGA, the people said, asking not to be identified discussing confidential information.EGA’s Chairman K...
Tags: Travel, Middle East, Guinea, Dubai, Abu Dhabi, Donald Trump, Uae, JPMorgan Chase Co, Rupert Neil Bumfrey, Mubadala, IPO Bloomberg, Khaldoon Khalifa al Mubarak, EGA, Investment Corp, Emirates Global Aluminium PJSC, Mubadala Is Said


#Iran's recovery seen as modest with return to original nuclear deal - IIF | Reuters

Iran's recovery seen as modest with return to original nuclear deal - IIF | Reuters Iran’s economic recovery is likely to be modest should it revive a 2015 nuclear deal with six world powers without expanding the scope of the pact, according to a trade body for the global financial industry.Hardliner Ebrahim Raisi’s victory in a presidential election this month will not derail the nuclear negotiations, but the United States may face difficulties in expanding the scope of the accord, the Instit...
Tags: Travel, Joe Biden, Iran, United States, Donald Trump, Reuters, IIF, Reuters Iran, Rupert Neil Bumfrey, Institute of International Finance IIF, Ebrahim Raisi


Oil Price Spike: OPEC+ Must Manage Shift From Lack of Demand to Lack of Supply - Bloomberg

Oil Price Spike: OPEC+ Must Manage Shift From Lack of Demand to Lack of Supply - Bloomberg The oil market is rapidly shifting from a period of over-supply during the height of the pandemic to one of potential shortage. Producers who managed the slump now need to be diligent in managing the recovery.The oil producing countries in the OPEC+ group — led by Saudi Arabia and Russia — have done an amazing job at managing oil supplies as demand has crawled its way back from the biggest collapse in hi...
Tags: Travel, Mexico, Saudi Arabia, Russia, Opec, Donald Trump, Rupert Neil Bumfrey, Supply Bloomberg


Founder of #Dubai property firm DAMAC makes $255 mln take private bid | Reuters

Founder of Dubai property firm DAMAC makes $255 mln take private bid | Reuters Emirati property tycoon Hussain Sajwani has made a 935.4 million dirham ($255 million) offer to buy out minority shareholders in DAMAC Properties (DAMAC.DU), which he has run for nearly two decades.The all cash offer for DAMAC comes amid a years-long slump in Dubai's once hot property market, which has been exacerbated by the pandemic that hit the local economy hard last year.DAMAC is best-known for building the Mid...
Tags: Travel, London, Middle East, Dubai, Donald Trump, Maple, Trump, Reuters, Reuters Emirati, Rupert Neil Bumfrey, Damac, Hussain Sajwani, Sajwani, Emaar Properties Dubai, Maple Invest Co, DAMAC Maple Invest Co


Abdulaziz bin Salman, the prince in charge of #Saudi oil | Financial Times

Abdulaziz bin Salman, the prince in charge of Saudi oil | Financial Times © Joe Cummings Prince Abdulaziz bin Salman of Saudi Arabia spent most of his adult life as energy-minister-in-waiting. But just six days after becoming the first royal to take on the role, the kingdom’s oil production was cut in half by a series of drone and missile attacks that set the world’s largest crude processing facility ablaze.  The attack on Abqaiq in September 2019, which Riyadh and Was...
Tags: Travel, London, Washington, Saudi Arabia, Russia, Iran, Donald Trump, Financial Times, Riyadh, Saudi Aramco, Mohammed bin Salman, Salman, Abdulaziz, Abqaiq, Rupert Neil Bumfrey, Abdulaziz bin Salman


Investcorp's move to delist in keeping with its iconic history | The National

Investcorp's move to delist in keeping with its iconic history | The National In London, in the mid to late 1990s, the only Arab financial company that was spoken of with reverence was Investcorp. By then it had been involved in iconic deals for luxury brands such as Tiffany & Co and Gucci, rejuvenating them and then taking them public at enormous profit. It outbid future US President Donald Trump to acquire Tiffany’s in 1984 and netted $1 billion profit from Gucci. Understandably, Iraqi found...
Tags: Travel, Asia, New York, London, US, Davos, Dubai, Switzerland, Silicon Valley, Fifth Avenue, Donald Trump, Bahrain, Gucci, Tom Ford, Gulf, Tiffany


JetBlue founder David Neeleman's Breeze is ready for takeoff. Here's 7 problems the new airline already has, according an expert.

A Breeze Airways plane. Breeze Airways Breeze Airways is finally launching flights but not all are sold on its business model. Analyst Henry Harteveldt is concerned about the airline's route network, high fee structure, and tech-focused model. Breeze seeks to create demand with low-cost leisure routes to underserved cities across the US. See more stories on Insider's business page. Breeze Airways is finally making its debut on May 27 just in time for Memorial Day weekend and the s...
Tags: Travel, Transportation, News, Air Travel, Planes, US, Trends, Flying, New Orleans, Aviation, South America, Airbus, Donald Trump, Boeing, Southwest Airlines, Jetblue


#Iran's Rouhani says U.S. will lift sanctions, as another official denies it | Reuters

Iran's Rouhani says U.S. will lift sanctions, as another official denies it | Reuters Iran’s president said on Thursday that the United States was ready to lift sanctions on his country’s oil, banking and shipping sectors that were reimposed after former U.S. President Donald Trump exited a 2015 nuclear deal three years ago.Iran and world powers have been in talks since April on reviving the deal and the EU official leading the discussions said on Wednesday he was confident a deal would be rea...
Tags: Travel, Washington, Eu, Iran, Vienna, United States, Hassan Rouhani, Tehran, Donald Trump, Trump, Central Bank, Reuters, Rouhani, Reuters Iran, Press TV, Abbas Araqchi


Indian refiners set to curb spot buying to make room for Iranian oil | Reuters

Indian refiners set to curb spot buying to make room for Iranian oil | Reuters Indian refiners, anticipating a lifting of U.S. sanctions, plan to make space for the resumption of Iranian imports by reducing spot crude oil purchases in the second half of the year, company officials told Reuters.The world's third largest oil consumer and importer halted imports from Tehran in 2019 after former U.S. President Donald Trump withdrew from a 2015 accord and re-imposed sanctions on the OPEC producer o...
Tags: Travel, Opec, Joe Biden, Iran, Tehran, Donald Trump, Reuters, Rupert Neil Bumfrey


#Iran's Petropars to develop Farzad B gas field, Oil minister says | Reuters

Iran's Petropars to develop Farzad B gas field, Oil minister says | Reuters Iran has signed a $1.78 billion contract with Petropars Group to develop the country's Farzad B gas field, Oil Ministry website SHANA said on Monday, after the failure of talks with Indian companies to develop the offshore site.Under the deal, the subsidiary of state-run National Iranian Oil Co (NIOC) will produce 1 billion cubic feet of gas per day within five years from the field, which is estimated to hold 22 trilli...
Tags: Travel, Joe Biden, Iran, Tehran, Donald Trump, Reuters, ONGC Videsh, Zanganeh, Shana, Reuters Iran, Bijan Zanganeh, Rupert Neil Bumfrey, National Iranian Oil Co, Oil and Natural Gas Corp, State run National Iranian Oil Co NIOC, Farzad


#Saudi Official Confirms Talks With #Iran to Reduce Tensions - Bloomberg

Saudi Official Confirms Talks With Iran to Reduce Tensions - Bloomberg A Saudi foreign ministry official confirmed his country is in talks with Iran to reduce tensions in the Middle East, bringing weeks of private diplomacy between the two regional powerhouses into the open.Ambassador Rayed Krimly, head of policy planning at the ministry, told Reuters that Riyadh wanted to see “verifiable deeds” before evaluating the talks.“We hope they prove successful, but it is too early, and premature, to ...
Tags: Travel, Saudi Arabia, Bloomberg, Iran, Vienna, Middle East, Donald Trump, Reuters, Riyadh, Reuters Iraq, Rupert Neil Bumfrey, Rayed Krimly, Krimly


Hotels are pulling out of Biden's $87 million contract to house migrants amid political pushback, report says

Central American asylum seekers arrive to a bus station after being released by U.S. Border Patrol agents on February 26, 2021 in Brownsville, Texas. John Moore/Getty Images The Biden administration secured an $87 million contract to house migrants at hotels. Some of those hotels have backed out as debates over the border surge continue, Axios reported. The US is experiencing the biggest surge on its southern border in 20 years. See more stories on Insider's business page. Four hotels ...
Tags: Politics, Texas, Washington Post, Hotels, Immigration, US, Trends, Joe Biden, United States, House, Border, Arizona, Hilton, The White House, Biden, Donald Trump


Even #SaudiArabia and #Iran may be thinking peace now | Financial Times

Even Saudi Arabia and Iran may be thinking peace now | Financial Times The measured presence of Joe Biden in the White House, vacated gracelessly by the geopolitical arsonist Donald Trump, may be having a mildly calming effect on the Middle East, the most reliably combustible region in the world and perennial provider of what the US has come to think of as “forever wars”.  A US delegation, headed by Robert Malley, the special envoy for Iran, is trying to resurrect the 2015 nuclear a...
Tags: Travel, Saudi Arabia, White House, US, Barack Obama, Joe Biden, Iran, Vienna, Middle East, Donald Trump, Baghdad, Financial Times, Trump, Robert Malley, Rupert Neil Bumfrey, US Saudi Arabia


Biden administration proceeding with $23 billion weapon sales to #UAE | Reuters

Biden administration proceeding with $23 billion weapon sales to UAE | ReutersU.S. President Joe Biden’s administration has told Congress it is proceeding with more than $23 billion in weapons sales to the United Arab Emirates, including advanced F-35 aircraft, armed drones and other equipment, congressional aides said on Tuesday.A State Department spokesperson said the administration would move forward with the proposed sales to the UAE, “even as we continue reviewing details and consulting wit...
Tags: Travel, Congress, Israel, Joe Biden, Morocco, United Arab Emirates, State Department, Biden, Donald Trump, Uae, Gulf, Trump, Reuters, Democratic, Rupert Neil Bumfrey, UAE Bahrain Sudan


Delta spent the pandemic earning goodwill from passengers and workers. It might be about to vanish.

Delta Air Lines CEO Ed Bastian. Nicolas Economou/NurPhoto/Getty and PAULO NUNES DOS SANTOS/AFP/Getty Delta Air Lines and CEO Ed Bastian are facing boycotts in response to Georgia's new controversial voter rights law. Bastian initially praised the bill but later came out against its strict measures that limit voting capabilities. Boycotts from Georgia's business community could seriously impact Delta's bottom line. See more stories on Insider's business page. It started wi...
Tags: Travel, Transportation, Texas, News, Air Travel, Planes, America, Trends, Crisis Management, Atlanta, Georgia, Joe Biden, Analysis, Flying, Delta, Aviation


China, Russia, #SaudiArabia Make Foreign Policy a Sordid Business - Bloomberg

China, Russia, Saudi Arabia Make Foreign Policy a Sordid Business - BloombergWould you sit down to dinner with a mobster? We know Frank Sinatra did, but that was different. Most of us have scruples about mingling with crooks.Nations are different, however. Our political leaders are obliged to rub shoulders with people who kill people, or at least order them to be killed — think­ of the evidence pointing to Russia’s Vladimir Putin. All nations make daily compromises, devil’s bargains, in the inte...
Tags: Travel, Vladimir Putin, Washington, Russia, Bloomberg, West, Donald Trump, Frank Sinatra, China Russia, Francis Fukuyama, Rupert Neil Bumfrey, China Russia Saudi Arabia


Biggest Aluminum Maker in Middle East Sees Prices Staying High - Bloomberg

Biggest Aluminum Maker in Middle East Sees Prices Staying High - BloombergEmirates Global Aluminium PJSC, one of the world’s biggest producers of the metal, expects prices to remain elevated this year as the global economy recovers from the coronavirus pandemic and vaccine rollouts continue.Positive market sentiment from late 2020 “carried over to this year and continues to give us a strong outlook for 2021,” Chief Executive Officer Abdulnasser bin Kalban said in an interview on Tuesday.Benchmar...
Tags: Travel, London, Bloomberg, Middle East, Guinea, United Arab Emirates, Dubai, Abu Dhabi, Donald Trump, Uae, Rupert Neil Bumfrey, Mubadala Investment Co, EGA, Investment Corp, Abdulnasser bin Kalban, Zouhir Regragui


The atmosphere is grim at Trump's deserted Washington DC hotel as the MAGA crowd skips town, says report

A view outside Trump International Hotel Washington, D.C. one day before the inauguration of Trump on January 19, 2017 in Washington, DC. Noam Galai/WireImage Trump's Washington hotel has suffered a loss of income and interest, a Guardian report says. The hotel is bearing the brunt of the pandemic and the fallout of Trump's election defeat. The former president once dubbed it "one of the great hotels of the world." See more stories on Insider's business page. Former President T...
Tags: Travel, Florida, Real Estate, Politics, Congress, Washington, White House, US, Trends, Cnn, Pennsylvania, Washington Dc, New York Times, News UK, Hotel, Guardian


United just sent JetBlue a shot across the bow with a new route to London on its ultra-premium jet

A United Airlines Boeing 767-300ER. Lukas Wunderlich/Shutterstock.com United Airlines is adding a new route between Boston and London later this year. The start date is still unknown as travel between the countries is restricted due to the pandemic.  JetBlue Airways, which just expanded a partnership with American Airlines, will also fly to London this year from Boston. Visit the Business section of Insider for more stories. United Airlines is growing its transatlantic presence later this ...
Tags: Travel, Transportation, Europe, Florida, UK, New York, London, News, Air Travel, Boston, Planes, US, Los Angeles, San Francisco, Trends, Chicago


U.S.- #Iran Standoff Shows Difficulty of Salvaging Nuclear Deal - Bloomberg

U.S.-Iran Standoff Shows Difficulty of Salvaging Nuclear Deal - Bloomberg The Biden administration sought to extend an olive branch to Iran in order to entice the Islamic Republic back to talks on resuscitating the 2015 nuclear deal.Leaders in Tehran quickly made clear it’s not going to be so easy.After the U.S. said Thursday it was ready to meet with Iran along with other participants in the accord that former President Donald Trump quit three years ago, Iran signaled that there would be no fas...
Tags: Travel, Iran, United Nations, Biden, Tehran, Donald Trump, Islamic Republic, Mohammad Javad Zarif, Gerard Araud, Rupert Neil Bumfrey


‘Reality bites’ as Biden tries to loosen ties with #SaudiArabia | Financial Times

‘Reality bites’ as Biden tries to loosen ties with Saudi Arabia | Financial Times The White House told reporters on Tuesday that Joe Biden would deal directly with  King Salman rather  than his son, Crown Prince Mohammed bin Salman (above) © Reuter During the election campaign, Joe Biden pledged to make Saudi Arabia “the pariah that they are”, underscoring his intention to unpick one of Donald Trump’s most transactional foreign policy relationships.  Since taking office,...
Tags: Travel, Saudi Arabia, US, Joe Biden, Iran, Middle East, Biden, Yemen, Donald Trump, Riyadh, Mohammed bin Salman, Salman, Rupert Neil Bumfrey, Saudiarabia, Antony Blinken Biden, Financial Times The White House


Biden Downgrades #Saudi Crown Prince to ‘Recalibrate’ Ties - Bloomberg video+

Biden Downgrades Saudi Crown Prince to ‘Recalibrate’ Ties - Bloomberg President Joe Biden intends to “recalibrate” the U.S. relationship with Saudi Arabia and will emphasize outreach to King Salman, in a move that signals a downgrade in ties with Crown Prince Mohammed Bin Salman, the country’s de facto ruler.It is the latest sign Biden’s team is taking a different track from former President Donald Trump toward the world’s largest oil exporter. Trump established close ties with Prince Mohammed ...
Tags: Travel, Saudi Arabia, Bloomberg, Joe Biden, Middle East, Biden, Yemen, Donald Trump, Trump, Mohammed bin Salman, Salman, Jen Psaki, Rupert Neil Bumfrey, Dan Kitwood Getty, Prince Mohammed


Losing our marbles over Stonehenge | Brief letters

Judiciary | Queen’s leases | Travel plans | Ancient showroom | StonehengeDonald Trump’s acquittal in the US Senate (Report, 14 February) surely provides the best possible evidence for never allowing politicians to get involved in judicial decision-making. Their priorities lie in other directions. Les Baker Fordingbridge, Hampshire• The Queen gets £220m a year for seabed lease options for windfarms (Queen’s property chief delays sale of Scottish seabed windfarm plots, 12 February). Really? Perhap...
Tags: | Travel, Energy, Law, Wales, Climate Change, Scotland, Environment, Renewable Energy, Energy industry, US politics, Heritage, Wind Power, Queen, Monarchy, Judiciary, US Senate


Extended jobless benefits ready for rollout, gambling, guns, Sunshine Law debated in Legislature, study finds pandemic depressing, more news from all the Hawaiian Islands

Swimming with sea turtles in Hawaii ©2021 All Hawaii News Turtles Face Grim Future, UH Researcher Says. Sea turtles in Hawaiʻi, as well as all turtles worldwide, face a “daunting future” due to climate change and other factors, a University of Hawaiʻi researchers says. Big Island Video News.Schatz to serve as chairperson of Indian Affairs committee. U.S. Sen. Brian Schatz, a Democrat from Hawaii, will serve as chairperson. U.S. Sen. Lisa Murkowski, a Republican from Alaska, will be vi...
Tags: Travel, Senate, White House, Alaska, Hawaii, House, Bill, Donald Trump, Big Island, Maui, Feb, Honolulu, Legislature, U S Environmental Protection Agency, West Hawaii, Wailuku


I am a female journalist suing Saudi Crown Prince Mohammed bin Salman. Biden needs to hold him accountable as well.

Crown Prince Mohammed bin Salman must be held accountable. FETHI BELAID/AFP/Getty Images Journalists around the world are being killed, imprisoned, and harassed for reporting the news and revealing injustice. The Biden administration's promise to declassify a report on the killing of Jamal Khashoggi is an important step for the protection of journalists. I filed a lawsuit to expose a "hack and leak" operation led by Saudi leadership involving a network of American trolls spreading lies in ...
Tags: Florida, Washington Post, Saudi Arabia, White House, India, US, Trends, Joe Biden, Unesco, Philippines, Middle East, United Arab Emirates, Brazil, Al Jazeera, Biden, Donald Trump


GOP Sen. Tommy Tuberville says he doesn't know anything about Marjorie Taylor Greene because bad weather has prevented him from reading the news

Sen. Tuberville. AP Photo/John Minchillo, File Sen. Tommy Tuberville said on Tuesday that he can't comment on allegations about Rep. Marjorie Taylor Greene. "I haven't even looked at what all she's done," he said. "Travel in this weather it's been a little rough looking at any news or whatever." Greene drew backlash for her support of conspiracy theories and may be stripped of committee assignments. Visit the Business section of Insider for more stories. Republican Sen. Tommy Tuberville of...
Tags: Travel, Facebook, Utah, Politics, News, California, Washington, Alabama, Barack Obama, Trends, Georgia, Cnn, Gop, Hillary Clinton, House, Mitt Romney


Biden Overrules Trump on #UAE Tariff, Keeping Aluminum Duties - Bloomberg

Biden Overrules Trump on UAE Tariff, Keeping Aluminum Duties - Bloomberg President Joe Biden said he would keep U.S. tariffs in place on aluminum imports from the United Arab Emirates, reversing a last-minute move by his predecessor to grant the Gulf nation relief from the duties.The 10% tariff will remain in place for national security reasons, the White House announced Monday evening. “In my view, the available evidence indicates that imports from the UAE may still displace domestic production...
Tags: Travel, Florida, Washington, White House, Joe Biden, Middle East, United Arab Emirates, Biden, Donald Trump, Uae, Gulf, Trump, Rupert Neil Bumfrey, Israel Biden, EGA, Biden Overrules Trump


Nicklaus to design first course in Saudi Arabia

A computer generated image of the future Jack Nicklaus golf course at Qiddiya in Saudi Arabia Jack Nicklaus has taken another step that’s sure to enrage those who do not forgive him for his support of Donald Trump’s re-election campaign — he’s decided to design his first course in Saudi Arabia where the European Tour’s world stars also touch down this...
Tags: Travel, Saudi Arabia, Kingdom, Sport, Architecture, Tourism, Middle East, Golf, Donald Trump, Jack Nicklaus, Riyadh, Country Club, Nicklaus, Qiddiya, Nicklaus Design, Saudi Golf Federation



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