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United Arab Emirates

June 26, 2026

Abu Dhabi 10:44 am

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A worker at a market for fuel oil and automotive fuel on March 17, 2026, in Erbil, Iraq.

Explainer

After UAE and Qatar, could Iraq be next to leave OPEC?

Iraq is seeking a higher production quota as the effective closure of the Strait of Hormuz has slashed oil revenues and plunged the country into a fiscal crisis.

Latest News

Interview

Franco-Gulf investment holds firm despite Iran war, French official says

French Trade & Invest Commissioner for United Arab Emirates and Middle East and Business France's regional director for the Middle East Axel Baroux. — Business France

Axel Baroux

France’s trade and investment commissioner for the UAE and Middle East

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

A man watches stock movements on a display at the Dubai Financial Market stock exchange, United Arab Emirates, April 12, 2022.

Analysis

Middle East demand for US debt soars to $400B in turbulent year

The first half of 2025 saw regional investors boost holdings of US Treasuries to record levels, led by the UAE, Israel and Kuwait, as markets digested turbulence from President Trump's trade agenda.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

The inaugural ride of Kenya's newly acquired Standard Gauge Railway locomotive pulls into Voi railway station on May 31, 2017, in Voi, Kenya.

China, UAE are transforming African economies, but on whose terms?

China and the UAE are racing to get ahead in Africa’s economic future, each using a different playbook.

United Arab Emirates

Botswana Qatar

Qatari royal expands Africa push with $12B in Botswana after $39B in DRC, Zambia

A Qatari delegation began a tour of 10 African countries on Aug. 13 in Kinshasa, Democratic Republic of Congo, to explore investment opportunities.

A Sudanese merchant weighs pure gold on an electronic scale in the village of al-Shirik in northern Sudan on Aug. 8, 2010.

Sudan restricts gold trade as currency falls: What to know

The UAE, historically the largest importer of Sudanese gold, could be affected by the move, and Khartoum is seeking to reduce exports of the commodity to the Gulf state over a dispute related to the civil war.

A worker fits solar panels onto frames during construction at South Africa's first municipally owned solar plant, during International World Environment Day, on June 5, 2025, in Atlantis near Cape Town.

UAE breaks ground on 50 MW solar plant in CAR, expanding Africa footprint

Abu Dhabi’s financial footprint has expanded across Africa, making the UAE the continent’s fourth-largest source of foreign capital.

United Arab Emirates

The tallest solar power tower in the world at 260 metres is pictured at the concentrated solar thermal power (CST) Noor Energy 1 solar complex at Mohammed bin Rashid al-Maktoum Solar Park, about 50 kilometres south of Dubai, on July 19, 2025. (Photo by FADEL SENNA / AFP) (Photo by FADEL SENNA/AFP via Getty Images)

UAE’s Masdar secures $1.1B for 2 GW Saudi solar megaproject: What to know

The Al Sadawi Independent Power Producer (IPP) Project is set to be one of the largest solar plants in the world, according to Masdar.

United Arab Emirates

A picture taken on Jan. 17, 2022, shows "The Enigma," a 555.55-carat black diamond, at Sotheby's in the Gulf emirate of Dubai.

UAE police arrest three suspects in attempted $25M diamond heist

Three men were arrested after attempting to smuggle a 21.25-carat pink diamond from Dubai, now a major global diamond hub.

United Arab Emirates

Participants look at a miniature of KF-21 fighter jet (front) on display at the Responsible AI in the Military Domain (REAIM) summit in Seoul on Sept. 10, 2024.

Analysis

What UAE interest in South Korea’s KF-21 jets signals for Gulf defense strategy

A recent “friendship flight” with the KF-21 Boramae gave the UAE a firsthand look at Seoul’s most advanced fighter, highlighting Abu Dhabi’s efforts to diversify its airpower suppliers and expand regional influence.

Francesco Schiavi

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Michael M. Santiago/Getty Images

Diverging Gulf bets: PIF exits US tech stocks as Mubadala reshuffles portfolio

During a quarter in which US stocks began surging toward record highs, two of the Gulf's most influential investors took different approaches to the market.

United Arab Emirates