UAE says no more 'niceties' with Iran, seeks clarity on fragile truce terms The UAE said Iran must pay “compensation” for damages incurred during the conflict. United Arab Emirates
Newsletter: City Pulse Dubai UAE’s ‘Washwasha’ brings sound, memory to Venice Biennale Also this week: New wine bar VNTG opens and ‘All at Once’ lands in Dubai. By Rebecca Anne Proctor In Dubai, reporting on culture
Iran hits Gulf, threatens truce as Israel escalates in Lebanon: What to know Iranian attacks continued in the United Arab Emirates, Saudi Arabia and Kuwait hours after a ceasefire between Iran and the US was announced. Iran
Gulf nations in line of fire brace for Iran escalation: What to know A bridge linking Saudi Arabia to Bahrain was briefly closed as Iran escalates its attacks in the Gulf ahead of a looming US deadline to reopen the Strait of Hormuz. United Arab Emirates
Analysis Hostage to Hormuz, can Gulf rewire future energy flows to bypass Iran’s chokepoint? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Turkey’s Erdogan, UAE president discuss Gaza during G7 Turkish President Recep Tayyip Erdogan also briefly chatted with US President Joe Biden on the sidelines of the summit. Turkey
With China-Iran ties on rollercoaster, Tehran can only grit its teeth, hang on Iran can get upset about China’s statement over Abu Musa and the Greater and Lesser Tunbs, or they can express their anger at China, move on and focus instead on extracting the many economic and political benefits that they derive from their relationship with Beijing. Iran
UAE, Saudi leaders expected at Italy's G7 summit as Meloni boosts Gulf ties Italy is seeking Saudi investments and closer gas ties with the UAE, all while it focuses on migration and energy-related interests in North Africa. Saudi Arabia
UAE, Saudi, Iran, Egypt, Turkey FMs attend Russia's BRICS meeting The BRICS foreign ministers meeting focused on diplomatic developments related to the Gaza war and efforts to ditch the US dollar in international trade, among other matters. Egypt
OPEC chief defends oil cut phase-out plans despite bearish market The markets reacted bearishly OPEC+'s Sunday output decision, worrying it could lead to oversupply later in 2024 despite slow demand growth. United Arab Emirates
Saudi Arabia joins China, UAE in digital currency project The kingdom is joining the Switzerland-based Bank for International Settlements' central bank digital currency platform. Saudi Arabia
In rare clash with Iran, China reaffirms solidarity with UAE over disputed islands Iran seized control of Abu Musa and the Greater and Lesser Tunbs several decades ago, though the United Arab Emirates has long claimed sovereignty over the islands, a claim backed by Gulf states and Russia. Iran
Analysis Can Gulf investors outstrip China in Africa as UAE expands reach? As the UAE, Saudi Arabia and other GCC states boost investments in Africa,Beijing’s Belt and Road Initiative could face serious challenges. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Middle East economic outlook caught between low growth, high debt convergence Karen Young In Washington, DC, reporting on regional energy
UAE main destination for smuggled African gold, report claims Swissaid estimates that 405 metric tons of gold, mostly mined by small-scale or artisanal miners, were smuggled out of Africa in 2022 and ended up in the UAE. United Arab Emirates
South Korea, UAE ink trade deal lifting tariffs on over 90% of imports The agreement was signed by ministers at a summit in the capital Seoul during the UAE president's first state visit. United Arab Emirates
UAE president arrives in South Korea to talk defense, energy, business ties The visit, the first by the Emirati president, aims to enhance the already strong ties between the two countries. United Arab Emirates