Saudi stocks hit 2026 high, bucking global war-driven volatility The kingdom's stock market climbed to its highest level of the year on Wednesday, with the kingdom’s equities now far outperforming the S&P 500 and other global and regional indices. Saudi Arabia
UAE's deputy PM holds first call with Ghalibaf amid push to extend US-Iran ceasefire The Emirati vice president and Iran’s parliament speaker talked de-escalation on the phone in the first such contact since the Iran war began. United Arab Emirates
IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers. Iran
China signals bigger Gulf role as UAE crown prince visits Beijing China, which maintains close ties with both Iran and Gulf states, is hosting one of the UAE's top officials this week as a fragile ceasefire in the region holds. China
Newsletter: City Pulse Dubai UAE’s ‘Washwasha’ brings sound, memory to Venice Biennale By Rebecca Anne Proctor In Dubai, reporting on culture
Middle East poised for breakthrough in European energy markets Gerald Kepes In Washington, DC, reporting on regional energy trends
UAE announces first case of monkeypox The Emirates is the second country in the Middle East to report a case of the virus, after Israel. There have been no deaths associated with the recent worldwide outbreak. United Arab Emirates
Abu Dhabi National Oil Company announces IPO price for Borouge The joint venture between ADNOC and the Austrian energy company Borealis will soon be listed on the Abu Dhabi stock exchange. United Arab Emirates
Affiliate of Abu Dhabi oil company to list on stock exchange Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG. United Arab Emirates
Harris stresses US-Emirati partnership after MBZ meeting The visit by Vice President Kamala Harris and other US officials come as relations between Washington and Abu Dhabi hit a rough patch. United Arab Emirates
More fintech startups come to Abu Dhabi The UAE wants to attract more entrepreneurs and startups to the country. United Arab Emirates
Dubai airport’s passenger traffic reaches pre-pandemic levels Air travel in the UAE has returned to normal after the industry suffered major losses due to virus-related travel restrictions. United Arab Emirates
UAE meets $400 million target in first bond auction The Emirati government decided to sell bonds in dirhams to boost the local banking sector and diversify financially. United Arab Emirates
Passenger traffic at Abu Dhabi airports triples, aided by travel from India The quarterly results from airports in Abu Dhabi indicate that the air travel industry in the United Arab Emirates has recovered from the COVID-19 pandemic. United Arab Emirates
Abu Dhabi’s Mubadala to develop electric car charging stations with France’s ENGIE The UAE is in the early stages of a transition from oil and gas to cleaner energy sources. United Arab Emirates
UAE, Greece sign $4.2 billion agreement The UAE and Greece have become close allies in recent years. United Arab Emirates