UAE de facto leader visits Saudi Crown Prince amid tensions – .

UAE de facto leader visits Saudi Crown Prince amid tensions – .

DUBAI, July 19 (Reuters) – The de facto ruler of the United Arab Emirates held talks with Saudi Crown Prince Mohammed bin Salman in Riyadh, the Saudi capital, on Monday at a time of tensions between the two Gulf allies who have This month leads to an opening deadlock on oil policy.

“My brother Mohammed bin Salman and I discussed ways to further deepen the brotherly bond and strategic cooperation between our nations. The partnership between the United Arab Emirates and Saudi Arabia continues to be strong and prosperous, ”tweeted Abu Dhabi Crown Prince Mohammed bin Zayed al-Nahyan. .

A public dispute between the two states this month disrupted the policy-making of OPEC +, an oil producer group that includes OPEC and a number of allies. On Sunday, OPEC + secured an agreement to increase oil supplies after the two Gulf producers reached an agreement. Read more

Analysts say growing economic competition is laying bare the differences between Saudi Arabia and the United Arab Emirates as the kingdom attempts to challenge the dominance of its smaller neighbor as a hub for business, commerce and tourism from the region.

Reporting by Lisa Barrington; Editing by Kevin Liffey

Our Standards: Thomson Reuters Trust Principles.


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