Page 14 - MEOG Week 26 2021

MEOG NEWS IN BRIEF MEOG

saying that it is intended to counter IS in policy of the Israeli state, rather than a party COMPANIES
partnership with the SDF. policy”.
“Stability in Syria and the broader region It also comes as Israel has expressed serious GKP receives payment from
can only be achieved through a political reservations about efforts by Washington and
process... We are committed to working with Tehran to revive the Iran nuclear deal, and in KRG
allies, partners and the UN to ensure that the wake of the Gaza war – which failed to
a durable political solution remains within derail the fledgling UAE-Israeli relationship, Gulf Keystone confirms that a gross payment
reach,” Hood told reporters. or the quiet steps being taken to deepen of$35.1 million ($27.4 million net to GKP) has
MIDDLE EAST EYE economic and security ties. been received from the Kurdistan Regional
AL JAZEERA Government.
Progress on mutual Iran’s President-elect to be ($21.1 million net) for Shaikan crude oil sales
The payment includes gross $27.0 million
interests in spotlight as sworn in on August 3 during April 2021. It also includes gross$4.2
million ($3.3 million net) for the March
Israel FM visits UAE Iranian President-Elect Ebrahim Raisi is set to 2021 arrears payment and gross $3.9 million
($3.0 million net) for the April 2021 arrears
Yair Lapid is the first Israeli minister in history be sworn into office on August 3, vice speaker payment, calculated based on the KRG’s
to officially visit the United Arab Emirates of the parliament said on June 28. proposed amendment to arrears repayment
after he arrived in the country on Tuesday to Raisi is set to take the over from outgoing terms as announced on 13 May 2021. The
inaugurate Israel’s embassy in Abu Dhabi and centrist Iranian President Hassan Rouhani Company continues to engage with the KRG
consulate in Dubai. who has already met with his successor earlier on this proposal.
Israel’s newly installed foreign minister this week to have a smooth transition of Following receipt of the arrears payments,
will be hosted by his Emirati counterpart, power handing over several dossiers not least the current outstanding balance is$58.9
Abdullah bin Zayed Al Nahyan. The countries’ the Iranian nuclear deal which is expected to million net to GKP.
top two diplomats are expected to discuss a be rebooted when Raisi enters office. GKP
range of bilateral issues over the two-day visit, The Vice Speaker Ali Nikzad said the
including economic cooperation, trade and swearing-in ceremony for President-elect OSSO and Medra Arabia to
security. “The inauguration is a symbolic act,” Ebrahim Raisi will be held with limited
foreign ministry spokesperson Lior Haiat attendance due to coronavirus (COVID-19) offer drilling solutions in
told Al Jazeera. “The embassy and consulate restrictions.
have already been working for four and a half Several ambassadors and foreign Saudi
months.” dignitaries are set to attend the limited
Israel normalised relations with the ceremony, including officials from Syria, OSSO, the specialist provider of fluid
UAE and Bahrain last August under the Russia and Iraq. temperature control and separation solutions,
government of former Israeli Prime Minister Raisi, the incumbent Judiciary Chief of has signed a partnership agreement with
Benjamin Netanyahu, whose 12-year grip on Iran, won the June 18 presidential election by Medra Arabia, the national diversified oil and
power ended earlier this month. garnering over 62% of the votes. gas services company, in Saudi Arabia.
Netanyahu billed the agreements, Several aspects of the next administration Through this agreement with Medra
dubbed the Abraham Accords, as a personal are still up in the air including who will take Arabia, OSSO will provide clients with
achievement, and ran an unsuccessful re- ministerial posts. direct access to its fleet of rental equipment,
election campaign in part on the idea that he However, in recent weeks it has become along with on-site support and heat transfer
was the candidate who could deliver better clear that the team behind the Raisi campaign solutions.
relations for Israel with its Arab neighbours which came from the former Ahmadinejad The association will allow BONE to
while maintaining security at home. camp are expected to be clear winners in significantly reduce the response time of
Hay Eytan Cohen Yanarocak, a scholar getting seats in his administration. teams and staff, providing a greater financial
with the Jerusalem Institute for Strategy and BNE support structure with additional local
Security, told Al Jazeera the visit demonstrates expert knowledge. The association provides
the high priority the new Israeli government additional technical support on the ground to
places on its Gulf partners, and it “turns the clients, overcoming current travel restrictions
Emirati relationship into an institutional due to COVID-19. Further, BONE It will

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