Analysis

What UAE's Edge expansion into space means for country's military industry

Abu Dhabi has recently seen a significant boost in its domestic defense and aerospace capabilities, thanks to its nation-based conglomerate, EDGE. This month, the group launched its new space company, FADA, marking a milestone in enhancing the Emirati’s status in the strategic space sector.

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

WFP to send aid ship to feed displaced in Lebanon

The UN food agency is raising the alarm over food insecurity and a harsh winter in the Levant as the conflicts in Gaza and Lebanon continue.

Israel

UAE’s AD Ports Group inks major deal with China

Political and economic cooperation between the United Arab Emirates and China is growing, with robust trade ties and a visit by the Chinese premier to the Gulf state.

United Arab Emirates

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