United Arab Emirates - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

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United Arab Emirates

June 18, 2026

Abu Dhabi 10:26 am

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A general view shows the Awad oil field in the eastern Qamishli countryside in northeastern Syria, on Feb. 9, 2026.

Explainer

Oil’s slide wavers as Trump warns US-Iran deal ‘not final’

Brent crude prices briefly jumped back above $80 per barrel on Wednesday as traders digested conflicting signals about efforts to end the war and reopen Hormuz.

Veiled women in black Chadors wave Iran and Hezbollah flags during commemoration at the Iranian embassy in Beirut, Lebanon, on April 22, 2026.

Gulf cautiously welcomes US-Iran deal as Hezbollah congratulates Tehran

Arab and regional countries welcomed the deal to end the war between Iran and the United States.

Latest News

Analysis

Gulf aluminum pursues global deals as Hormuz crisis accelerates shift

Aluminum from Dubai sits in the BMW Landshut factory on Oct. 25, 2024 in Ergolding, Germany.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Analysis

Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping

Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula, on May 17, 2026.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

MBZ Bagheri

Iran's parliament speaker visits UAE, meets MBZ as detente continues

The trip was the latest in a flurry of bilateral diplomacy that has seen top Iranian officials in a chain of meetings with the Emirati leadership, though little progress has been reported on core disputes.

Sustainable fuel

UAE’s Masdar signs sustainable aviation fuel deal with Boeing

Several Gulf entities are investing in the bio-based alternative jet fuel, though its development faces several challenges and is not ready for mass use.

The Pioneering Spirit vessel, which will carry out construction of the offshore section of the Turkish Stream natural gas pipeline, passes the Yavuz Sultan Selim Brigde on the Bosporus, Istanbul, Turkey, May 31, 2017.

Abu Dhabi’s ADQ in talks with Turkey to build railway for trade corridor

Amid increasing cooperation between the two countries, an alternative trade corridor is planned linking Europe, the Middle East and Asia.

This photograph taken on Sept. 21, 2023, shows a view of a hybrid solar power plant, with solar panels on ground and floating, in southwestern France.

UAE’s Masdar to triple Southeast Asia’s largest floating solar plant

The new agreement between Masdar and Indonesian power utility PLN Nusantara Power will launch Phase II of the Cirata floating solar plant in the Indonesian province of West Java.

United Arab Emirates

Gold bar wrapped in a financial newspaper.

Russia becomes UAE’s top gold supplier as Ukraine sanctions bite

The United Arab Emirates bought 96.4 tons of gold from Russia in 2022, making it Moscow's top gold importer.

United Arab Emirates

AIIB

China development financier AIIB opens first global office in UAE

Bank officials expect that the new Abu Dhabi location will help extend their reach to finance sustainable development projects.

United Arab Emirates

King of Jordan

Highlights: Al-Monitor/Semafor Middle East Global Summit

The Al-Monitor & Semafor inaugural Middle East Global Summit on the sidelines of the UN General Assembly meetings on Wednesday brought together the region’s leaders, newsmakers and business heads.

UAE trade minister

UAE eyes Serbia trade deal as CEPA blitz continues

Non-oil trade between the two countries reached $57.6 million in the first half of 2023, surpassing their entire non-oil trade value for the year 2020.

United Arab Emirates

La Mer North marina is seen with the Burj Khalifa and the Dubai skyline seen in the background, United Arab Emirates, Feb. 1, 2020.

UAE revenue jumps 31.8% in 2022

The UAE Ministry of Finance reported a 6.1% increase in expenditure last year compared to 2021, which amounted to around $116.3 billion.

United Arab Emirates

This image shows high-rise buildings in Dubai, on Feb. 18, 2023.

Dubai ranks first in luxury home sales in second quarter: report

Dubai was one of only four markets to see growth in its overall sales volume of luxury homes between Q2 2022 and Q2 2023 at 79%, along with Sydney (46%), Paris (17%) and Geneva (7%).

United Arab Emirates

Captagon

Dubai's $1 billion Captagon bust ranks as one of world’s biggest

Sales of the highly addictive stimulant continue to fund the Syrian government, despite regional efforts to break up smuggling rings.

United Arab Emirates

China's President Xi Jinping (C) talks with United Arab Emirates President Sheikh Mohamed bin Zayed Al-Nahyan (L) at the opening of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 15, 2022. (Photo by BAY ISMOYO / POOL / AFP) (Photo by BAY ISMOYO/POOL/AFP via Getty Images)

China's VP meets UAE's Ghubash as BRI summit convenes in Hong Kong

The UAE’s goal at the two-day summit in Hong Kong is to enhance joint trade and investment particularly in areas of new economy, technology, and entrepreneurship.

United Arab Emirates