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 president meets US national security adviser amid regional tensions National Security Adviser Jake Sullivan’s trip to Abu Dhabi comes amid US military maneuvers aimed at countering Iran in the Gulf. United Arab Emirates
From Beijing to Chengdu, UAE’s ENOC establishes first China jet fuel network The Dubai government-owned oil and gas company said the expansion will extend to strategic cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu. United Arab Emirates
UK sanctions entities in Turkey, UAE, Iran for alleged role in Ukraine war It is not the first time Britain has sanctioned companies from these countries for their alleged role in the 18-month-old conflict. Turkey
International business development is next challenge for UAE's ADNOC The Abu Dhabi National Oil Company (ADNOC) has a range of corporate objectives, including oil production growth, self-sufficiency in natural gas and a net zero emissions target by 2045. Gerald Kepes In Washington, DC, reporting on regional energy trends
Culture Saudi, UAE theaters to screen Barbie this week, despite earlier push to delay The United Arab Emirates, Bahrain and Qatar have changed the release date of the record grossing film for a second time to Aug. 10, and the film will open in Saudi Arabia Aug. 9. United Arab Emirates
UAE’s ADNOC buys stake in Azerbaijan gas field The move follows a wind and solar energy deal between an Emirati firm and Azerbaijan. Legacy: Gulf
Arab moviegoers wait to see 'Barbie' as UAE, Saudi screenings loom The summer box office hit is maintaining its delayed premier date of Aug. 31 in the UAE, Al-Monitor confirmed with Vox Cinemas. United Arab Emirates
Iran president Raisi invites UAE's MBZ to visit Tehran The invite was extended on the same day that Iran conducted a naval drill on Abu Musa Island, which is disputed with the UAE. United Arab Emirates
Saudi Arabia, UAE lead Forbes’ 2023 Arab family business ranking Although Saudi Arabia and the UAE dominated the list, with 33 and 29 of the top 100 spots respectively, Egypt’s Mansour Group sat in first place, with the UAE’s Al-Futtaim Group in second and Saudi Arabia’s only female-led company, Olayan Financing Company, at third. Saudi Arabia
Gulf investment in UK property expected to reach $3.2 B in 2024 Middle Eastern investors are capitalising on lower property valuations and those investors are likely to refinance when interest rates start falling, the Islamic bank said. Legacy: Gulf
Japan’s Nomura subsidiary receives crypto license in UAE The crypto sector is booming in the United Arab Emirates thanks to clear regulations on virtual assets. Legacy: Gulf
Analysis UAE rice ban after major exporter India spikes global supply fears The UAE was the world's 16th-largest importer of rice in 2021 and the majority of it came from India. By Salim A. Essaid