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
UAE’s high stakes crypto bet poised for crucial test as Bitcoin rebounds Samuel Wendel In Washington, DC, reporting on regional business and tech
Gulf firms set sights on Western airports with Investcorp, dnata deals The Emirati sovereign fund Mubadala is also reportedly considering an event in London’s Heathrow Airport — another sign of Gulf interest in the West’s airports. United Arab Emirates
What’s behind Abu Dhabi’s $13 billion investment in gas? The Abu Dhabi National Oil Company (ADNOC) is seeking more foreign partners as it aims to boost gas production capacity. United Arab Emirates
Saudi Arabia, UAE amp up Africa investments amid growing competition Africa is seeing a major uptick in investments from the UAE, Qatar and Saudi Arabia, which presents the possibility of 'greater returns' for the Gulf states. Saudi Arabia
Middle East sees 23% drop in VC funding: Qatar, Bahrain, UAE hardest hit Qatar saw VC investments tumble by 57% to 43 million QR ($11.81 million), eclipsed only by Bahrain with an 82% drop. Qatar
UAE eyes Zambia mine as minerals race heats up against Saudi Arabia, China Wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition. United Arab Emirates
Hungary signs $5.5B deal with UAE firm to develop Budapest neighborhood The new project around the Rakosrendezo freight train station is expected to bring the futuristic, high-rise style of Dubai and other Emirates to the Hungarian capital. United Arab Emirates
Israel’s NewMed Energy says UAE deal suspended amid Gaza 'uncertainty' Israel-UAE relations have been negatively impacted by the war but still remain intact. Legacy: Gulf
What to know about MGX, UAE’s latest AI investment firm The launch of the AI-focused firm follows the UAE’s largest company appointing an AI bot to its board, as Abu Dhabi seeks to become a world player in artificial intelligence. United Arab Emirates
What’s behind Dubai’s new 20% tax on foreign banks? The UAE implemented its first-ever corporate tax last year in an effort to boost revenue amid the shift away from oil and gas. Legacy: Gulf
UAE-India ties grow as DP World secures $422M for Gujarat container terminal Intiatives like the India-Middle East-Europe Economic Corridor have seen business deals flourishing between India and the United Arab Emirates. United Arab Emirates