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
Malaysia courts Gulf investment and economic ties, but Saudi relations remain question mark Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Gaza war complicates IMEC plans even as Gulf-India ties warm The India-Middle East-Europe Economic Corridor's progress is facing some difficulties related to geopolitical complexities, funding and conflicts in the Red Sea and Gaza. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
UAE president to finesse ties in upcoming Beijing visit amid US-China rivalry The Emirati president's first trip to China in two years comes as ties to the People’s Republic are strengthening across a variety of sectors. United Arab Emirates
UAE's ADNOC invests in Mozambique's natural gas in first African foray The deal will give ADNOC a share of the liquified natural gas output from the concession, which has a combined capacity of over 25 million metric tons per pear, the company said in a statement. United Arab Emirates
Dubai beats Singapore, London as top city for 'greenfield' FDI projects FDI Markets data, compiled by the Financial Times, found the UAE's financial capital ranked top overall in global "greenfield" FDI projects attracted in 2023. United Arab Emirates
Emirates airline reports record $4.7B profit as Gulf competition heats up The Dubai-based airline has posted strong performance figures in recent months. United Arab Emirates
Dubai’s real estate boom keeps rolling, emboldening investors despite risks Samuel Wendel In Washington, DC, reporting on regional business and tech
Record rainfall forces Gulf cities to rethink climate change A climate change monitor estimates that global warming made the Gulf deluge 10-40% more intense than it would have been in the pre-industrial era. United Arab Emirates
Dubai crowned wealthiest city in Middle East, home to 72,500 millionaires The number of individuals in Dubai with liquid investment wealth — assets that can be readily converted to cash — of $1 million or more increased by 78% between 2013 and 2023 to 72,500, according to a report. United Arab Emirates
UAE’s non-oil revenues hit by April floods, but quick recovery expected The seasonally adjusted S&P Global UAE Purchasing Managers’ Index fell to 55.3 points in April, still indicating growth, but had been at 56.9 the previous month. United Arab Emirates
UAE-backed RedBird IMI pulls out of Telegraph deal, will sell UK newspaper RedBird IMI effectively took control of Telegraph Media Group in December, when it repaid the owner family’s debts, including a $753 million loan against the media outlets. United Arab Emirates