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
UAE’s AD Ports Group inks major deal with China Political and economic cooperation between the United Arab Emirates and China is growing, with robust trade ties and a visit by the Chinese premier to the Gulf state. United Arab Emirates
Gulf sovereign investors unshaken by Middle East wars but opt for global markets Gulf Cooperation Council investors accounted for 40% of deals made by sovereign investors globally in 2023 and 2024. United Arab Emirates
Investors undeterred as Dubai’s real estate bubble risks increase in 2024 As players line up to capitalize on Dubai real estate, the city’s record-breaking boom stands out in annual UBS ranking of hot global property markets. United Arab Emirates
Abu Dhabi’s sovereign funds ranked wealthiest in world with $1.7 trillion The assets of Gulf sovereign funds have risen considerably in recent years, in large part due to the UAE and Saudi Arabia. United Arab Emirates
Middle East startups see 34% uptick in global investors Data firm MAGNiTT reported Tuesday that the Middle East far outperformed other markets and regions, including Africa and Southeast Asia, which saw steeper drops. Saudi Arabia
Las Vegas gambling operator Wynn Resorts to open first UAE casino The UAE is looking to lure gaming tourists with the development of a large casino in the northern emirate of Ras al-Khaimah. United Arab Emirates
Analysis Israel-UAE trade to hit $3.3B in 2024 as wars in Lebanon, Gaza continue Despite a growing Arab public backlash against economic ties with Israel, and politically strained ties between the UAE and Israel since the Gaza war, bilateral trade has continued across the technology, tourism and agriculture sectors. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis How an Israeli retaliation on Iran could impact Gulf energy flow Energy facilities along the east and west of the Arabian Peninsula brace for possible Israeli attacks against Iran and its proxies. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Middle East airlines alter, axe flights following Iran missile attack on Israel Late on Tuesday, Iran launched more than 180 ballistic missiles at Israel in what it said was in retaliation for last Friday’s assassination of Hassan Nasrallah, the chief of Lebanon-based militia Hezbollah. Lebanon
Masdar acquisition of Terra-Gen stake builds on UAE-US renewable energy ties The UAE and the US launched a renewable energy partnership in 2022 with the view of deploying 100 GW of clean energy globally by 2035. United Arab Emirates
What's behind attack on UAE ambassador in Sudan? The UAE's role in Sudan is coming under greater scrutiny as the battle for power between rival groups SAF and RSF drags on into its 17th month. United Arab Emirates
UAE's ADNOC seals $16B deal to buy German chemical firm Covestro The deal is set to be the largest takeover ever by a Middle Eastern company of a European firm. United Arab Emirates