Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Newsletter: Daily Briefing Iran warns Gulf states against assisting US Netanyahu yields to Trump on Gaza; Turkey slams Israel's 'untenable' claims after strikes on Syrian base; and more. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
UAE halts all trade ties with Iran after missile attack The incident follows the UAE blaming Iran for strikes on ADNOC vessels in the Strait of Hormuz. United Arab Emirates
Newsletter: FutureVerse Coinbase joins UAE crypto rush By Samuel Wendel In Washington, DC, reporting on regional business and tech
China-made flying car makes first test flight in UAE: What to know The Chinese company is facing competition from a US firm that is currently developing an air taxi service in Dubai. United Arab Emirates
Hong Kong inks agreements with Gulf partners at BRI Summit Some 36 business agreements covering finance, technology, logistics, professional services and education were set to be signed at the event. Saudi Arabia
Saudi firm to pump $700M into economic zone developer in Africa The kingdom's Vision Invest will invest in pan-African developer Arise Integrated Industrial Platforms, which will use the funds to expand across the continent and develop green industrial ecosystems. Saudi Arabia
Newsletter: Business & Tech Revolut makes Middle East entry with UAE approval This week’s newsletter looks at Egypt’s $18 billion Gulf-backed tourism project, Revolut’s entry into the Middle East via the UAE, and a new India-Israel investment pact, alongside fresh moves in the Gulf’s AI race. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UAE president visits Qatar, bans Israel from Dubai Airshow after Doha strikes UAE President Sheikh Mohammed bin Zayed Al Nahyan threw his country’s support behind Qatar, saying the Israeli strikes on Qatari territory violated international laws. Qatar
UAE’s new AI K2 Think chases DeepSeek moment in Gulf tech race The Gulf state has launched K2 Think, an open-source reasoning model designed to speedily and efficiently tackle math and logic problems. United Arab Emirates
UK's Revolut enters Middle East fintech market with UAE licenses The Central Bank of the UAE has granted Revolut in-principle approval for stored value facilities and retail payment services licenses. United Arab Emirates
China calls on BRICS to boost multilateral trade as Iran, UAE eye closer ties The UAE’s and Egypt’s trade with BRICS members is on the rise, while Iran’s efforts to increase economic ties are complicated by sanctions. China
Cyprus courts UAE amid Greek pressure on subsea cable: What to know The project has been beset with delays due to longstanding disagreements between NATO members Greece and Turkey over territory in the Eastern Mediterranean. United Arab Emirates
Trump aims to crack Gulf's armed drone market with looser export restrictions Washington's latest reinterpretation of the 35-nation MTCR agreement is expected to open the door for a potential major sale of advanced aerial weaponry to Saudi Arabia. United States
Middle East internet slows after Red Sea cables cut: What to know Yemen's internationally recognized government accused the Houthi rebels of planning to attack underwater cables in the Red Sea in February 2024. Kuwait
Sudan accuses UAE of hiring Colombian mercenaries in UN complaint Sudan’s complaint claims 350 to 380 Colombian mercenaries were recruited by Emirati security firms to fight alongside the RSF. Sudan