Newsletter: Daily Briefing Syria, Israel hold US-mediated talks Pakistan’s Munir arrives in Tehran; major UAE economic delegation to visit Beirut; and more. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Analysis UAE-Iran trade relationship becomes key test of Trump’s wartime strategy The Gulf state suspended trade with Iran after new attacks in August. Experts point to risks for both sides as the Trump administration seeks to squeeze Tehran economically. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Newsletter: Daily Briefing Iran warns Gulf states against assisting US By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Newsletter: FutureVerse Coinbase joins UAE crypto rush By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE’s ADNOC buys stake in Azerbaijan gas field The move follows a wind and solar energy deal between an Emirati firm and Azerbaijan. Legacy: Gulf
Arab moviegoers wait to see 'Barbie' as UAE, Saudi screenings loom The summer box office hit is maintaining its delayed premier date of Aug. 31 in the UAE, Al-Monitor confirmed with Vox Cinemas. United Arab Emirates
Iran president Raisi invites UAE's MBZ to visit Tehran The invite was extended on the same day that Iran conducted a naval drill on Abu Musa Island, which is disputed with the UAE. United Arab Emirates
Saudi Arabia, UAE lead Forbes’ 2023 Arab family business ranking Although Saudi Arabia and the UAE dominated the list, with 33 and 29 of the top 100 spots respectively, Egypt’s Mansour Group sat in first place, with the UAE’s Al-Futtaim Group in second and Saudi Arabia’s only female-led company, Olayan Financing Company, at third. Saudi Arabia
Gulf investment in UK property expected to reach $3.2 B in 2024 Middle Eastern investors are capitalising on lower property valuations and those investors are likely to refinance when interest rates start falling, the Islamic bank said. Legacy: Gulf
Japan’s Nomura subsidiary receives crypto license in UAE The crypto sector is booming in the United Arab Emirates thanks to clear regulations on virtual assets. Legacy: Gulf
Analysis UAE rice ban after major exporter India spikes global supply fears The UAE was the world's 16th-largest importer of rice in 2021 and the majority of it came from India. By Salim A. Essaid
China, UAE overtake US companies at Turkey’s IDEF 23 weapons fair During the 15th edition of the IDEF in 2021, the global fair saw more than a thousand companies from 53 countries attend and had more than 94 signing ceremonies take place. Turkey
Bahraini cryptocurrency firm Rain to operate in UAE Cryptocurrency is growing in both the UAE and Bahrain amid regulatory challenges and market downturn. Legacy: Gulf
Who is Sultan Al Mansouri, Qatar’s first UAE ambassador in 6 years? A career diplomat who previously served as Qatar’s ambassador to Austria in 2019 and as the ambassador to China in 2014, Mansouri brings a negotiating and economic skillset to the position. Qatar
EU commission sees Tunisia's migration deal as 'blueprint' for region On July 16, the bloc agreed to spend 100 million euros on Tunisia to combat human trafficking and illegal crossings of the Mediterranean Sea. Tunisia
Popular Mexican food chain Chipotle coming to UAE, Kuwait The fast-food giant that specializes in Mexican food is one of the biggest in the United States. Legacy: Gulf