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
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. Iran
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. Legacy: Gulf
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. Turkey
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
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
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
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. Jordan
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
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
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
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 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