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United Arab Emirates

April 21, 2026

Abu Dhabi 7:06 pm

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Could UAE tap US currency swap line as Iran war strains Gulf economies?

The Gulf country apparently wanted reassurances from Washington in case its economy is severely damaged by the Iran war.

United Arab Emirates

Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability, United Arab Emirates

Interview

UAE official says opening Hormuz integral to any Iran deal, describes infrastructure damage 'manageable'

Abdulla Balalaa, UAE assistant minister of foreign affairs for energy and sustainability, spoke to Al-Monitor about the situation in the Gulf along with the UAE's focus on promoting privatization in the water sector and the 2026 UN Water Conference.

FAYEZ NURELDINE/AFP via Getty Images

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.

Latest News

UAE's deputy PM holds first call with Ghalibaf amid push to extend US-Iran ceasefire

ATTA KENARE/AFP via Getty Images

United Arab Emirates

IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies

A man walks through the atrium during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

China signals bigger Gulf role as UAE crown prince visits Beijing

Chinese Premier Li Qiang meets with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, in Beijing on April 13, 2026.

Oil back above $100 as US moves to blockade Strait of Hormuz

Elke Scholiers/Getty Images

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

A member of the medical team wears a protective face mask, following the coronavirus outbreak, as he prepares disinfectant liquid to sanitise public places in Tehran, Iran March 05, 2020. WANA (West Asia News Agency)/Nazanin Tabatabaee via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. - RC2MDF9WLNEP

UAE sends medical aid to Iran as coronavirus outbreak intensifies

The coronavirus outbreak is hitting Iran, which is already suffering under economic sanctions, hard, but the United Arab Emirates is offering substantial assistance.

United Arab Emirates

U.S. President Donald Trump boards Air Force One ahead of a trip to Tennessee, at Joint Base Andrews in Maryland, U.S., March 6, 2020. REUTERS/Tom Brenner - RC2GEF9TB41R

Anti-war movement looks to take Trump to court to stop war with Iran

Anti-war groups are lobbying Congress to take President Donald Trump to court on Iran war powers.

Houthi followers shout slogans as they take part in their gathering in Sanaa, Yemen February 19, 2020. REUTERS/Khaled Abdullah - RC2M3F9UAPQ2

Yemen's Houthis advance in Marib, Saudi border areas

The Houthis have taken over much of al-Jawf and Marib provinces and secured their main stronghold in Saada, expanding the Saudi border areas they control and gaining a short military path toward the source of wealth in Marib.

Flames emerge from flare stacks at Nahr Bin Umar oil field, as a man is seen wearing a protective face mask, following the outbreak of the coronavirus, north of Basra, Iraq March 9, 2020. REUTERS/Essam Al-Sudani - RC2IGF9A1IYO

Mideast oil producers brace for impact of price slide

The global coronavirus outbreak and falling oil prices could spell a massive economic slowdown for oil-producing countries in the Middle East.

UAE shows path for peaceful nuclear development

Fuel assemblies have been loaded into the first of four UAE nuclear power plants following the country's yearslong effort to develop major national and international support for nuclear energy.

United Arab Emirates

Civil war rivals vie for Yemen's strategic Socotra island

Despite stepping back from its military role in Yemen, UAE influence remains strong in the country's south, especially on Socotra island.

United Arab Emirates

Why women in the Middle East find little to celebrate on March 8

From Beirut to Khartoum, women in the Middle East held demonstrations calling for the elimination of discriminatory laws and improvement of their situation.

A Russian worker walks past the Bushehr nuclear power plant, 1,200 km (746 miles) south of Tehran October 26, 2010. Iran has begun loading fuel into the core of its first nuclear power plant on Tuesday, one of the last steps to realising its stated goal of becoming a peaceful nuclear power, state-run Press TV reported on Tuesday. REUTERS/Mehr News Agency/Majid Asgaripour (IRAN - Tags: POLITICS ENERGY IMAGES OF THE DAY) - GM1E6AQ1FIY01

UAE offers regional road map to deal with Iran

Policies on coronavirus, nuclear issues may help recast regional security discussions, complement US policies.

Travellers wear masks as they arrive at the Dubai International Airport, after the UAE's Ministry of Health and Community Prevention confirmed the country's first case of coronavirus, in Dubai, United Arab Emirates January 29, 2020. REUTERS/Christopher Pike - RC2LPE9ORR0A

Iran’s coronavirus has no politics and can’t be contained

UAE, Gulf take proactive steps to get ahead of outbreak, but region is already paying a heavy price.

Russian President Vladimir Putin and Saudi Arabia's King Salman attend a welcome ceremony in Riyadh, Saudi Arabia, October 14, 2019. Alexander Zemlianichenko/Pool via REUTERS - RC14582F97E0

Russia explores way to draw UAE, Saudi Arabia to its Syria policies

As relations with Turkey stall, Moscow seeks ways to engage with the Saudis and Emiratis to have them back in the Syrian game.

Countries fire allegations of interference against Dahlan

Fatah’s dismissed leader, Mohammed Dahlan, is facing accusations from Turkey and other countries that he's been meddling in their affairs on behalf of the United Arab Emirates.

United Arab Emirates

Saudi Arabia's King Salman bin Abdulaziz meets with Libyan military commander Khalifa Haftar in Riyadh, Saudi Arabia March 27, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC1909E0CC40

Saudi Arabia steps up role in Libya

Saudi Arabia is reported to be providing greater financing to forces associated with Libyan strongman Khalifa Hifter in order to counter Turkey's intervention on the side of Libya's Government of National Accord.