US says Sudan warring parties back withdrawal plan as donors pledge $700M in aid State Department senior adviser Massad Boulos announced Tuesday that a "comprehensive peace plan" has been approved by Egypt, Saudi Arabia and the UAE, though it still needs to be approved by Sudan's warring parties. Sudan
On eve of talks, UAE's Gargash throws weight behind Iran-US deal Anwar Gargash, diplomatic adviser to the UAE president, spoke at a panel discussion at the World Governments Summit in Dubai, where he discussed the latest developments in Gaza, Iran, Sudan and Yemen. United Arab Emirates
How US-India trade deal could impact Mideast energy, trade routes The United States and India struck a trade agreement on Monday that eases months of tension between the two countries and could influence Gulf oil flows and economic integration. Saudi Arabia
UAE’s MBZ reportedly cancels Japan visit amid US-Iran standoff: What to know While tensions remain high between the US and Iran, both sides are reportedly moving toward renewed nuclear talks. United Arab Emirates
Analysis Caught in the Gulf crossfire: Pakistan navigates Saudi-UAE rivalry By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Gulf sovereign investors unshaken by Middle East wars but opt for global markets Gulf Cooperation Council investors accounted for 40% of deals made by sovereign investors globally in 2023 and 2024. United Arab Emirates
Investors undeterred as Dubai’s real estate bubble risks increase in 2024 As players line up to capitalize on Dubai real estate, the city’s record-breaking boom stands out in annual UBS ranking of hot global property markets. United Arab Emirates
Abu Dhabi’s sovereign funds ranked wealthiest in world with $1.7 trillion The assets of Gulf sovereign funds have risen considerably in recent years, in large part due to the UAE and Saudi Arabia. United Arab Emirates
Middle East startups see 34% uptick in global investors Data firm MAGNiTT reported Tuesday that the Middle East far outperformed other markets and regions, including Africa and Southeast Asia, which saw steeper drops. Saudi Arabia
Las Vegas gambling operator Wynn Resorts to open first UAE casino The UAE is looking to lure gaming tourists with the development of a large casino in the northern emirate of Ras al-Khaimah. United Arab Emirates
Analysis Israel-UAE trade to hit $3.3B in 2024 as wars in Lebanon, Gaza continue Despite a growing Arab public backlash against economic ties with Israel, and politically strained ties between the UAE and Israel since the Gaza war, bilateral trade has continued across the technology, tourism and agriculture sectors. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis How an Israeli retaliation on Iran could impact Gulf energy flow Energy facilities along the east and west of the Arabian Peninsula brace for possible Israeli attacks against Iran and its proxies. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Middle East airlines alter, axe flights following Iran missile attack on Israel Late on Tuesday, Iran launched more than 180 ballistic missiles at Israel in what it said was in retaliation for last Friday’s assassination of Hassan Nasrallah, the chief of Lebanon-based militia Hezbollah. Lebanon
Masdar acquisition of Terra-Gen stake builds on UAE-US renewable energy ties The UAE and the US launched a renewable energy partnership in 2022 with the view of deploying 100 GW of clean energy globally by 2035. United Arab Emirates
What's behind attack on UAE ambassador in Sudan? The UAE's role in Sudan is coming under greater scrutiny as the battle for power between rival groups SAF and RSF drags on into its 17th month. United Arab Emirates
UAE's ADNOC seals $16B deal to buy German chemical firm Covestro The deal is set to be the largest takeover ever by a Middle Eastern company of a European firm. United Arab Emirates
UAE’s Sheikh Tahnoon discusses AI, tech with Jeff Bezos, Elon Musk in US His meetings came after UAE President Sheikh Mohammed bin Zayed met earlier this week with President Joe Biden and Vice President Kamala Harris. United Arab Emirates