Moscow hopes to strike a deal with GCC countries to prop up the oil market as its foreign minister visits the Emirates. Sergey Lavrov is scheduled to meet UAE leaders in Abu Dhabi, before heading to Oman. Russia’s economy is hit hard by the effects of falling oil prices, and hopes OPEC’s proposal to cut production by 5% pushes through. It’s unusual for Lavrov to travel on an economic mission. Our reporter Albina Kovalyova talks about the importance of the trip.Also on the agenda is the fresh round of peace talks in Geneva, aimed at finding a solution to Syria’s five-year-old civil war.
Dubai International Chamber opens representative office in Toronto
US and UK announce a trade deal, but steel imports unresolved
CBUAE fines exchange house AED 10 million, cancels licence
Trump Organisation launches mobile phone service, handset
AED 750 million in contracts awarded for Palm Jebel Ali infrastructure
