United Arab Emirates - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

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United Arab Emirates

July 3, 2026

Abu Dhabi 5:49 am

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Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.

Trump earns $810M from UAE-backed crypto firm: What to know

According to the disclosure, Trump earned $810 million from crypto token sales and sales of interests in UAE-backed World Liberty Financial.

United Arab Emirates

Latest News

Analysis

Why the UAE wants Indian missiles and a deeper strategic partnership

Brahmos replicas are displayed during India's 60th Republic Day parade, Jan. 26, 2009, New Delhi.

Francesco Schiavi

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Explainer

Gulf states push incentives for investors, expats after war dents image

FADEL SENNA/AFP via Getty Images

United Arab Emirates

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

Trump

In Gulf trip, Trump to prioritize blockbuster deals amid regional turmoil

President Donald Trump is set to land in Saudi Arabia on Tuesday, the first stop in a Gulf tour focused on securing massive investments.

President Donald Trump shakes hands with Saudi Arabia's crown prince, Mohammed bin Salman, in the Oval Office of the White House on March 20, 2018.

Analysis

Will Trump's push for Gulf investment align with regional economic realities?

During his May 13-16 trip, Trump aims to unveil trillions of dollars in Gulf investment and trade commitments in the United States.

In Bristol, reporting on regional business, climate change, AI, tech

Joe Raedle/Getty Images

US eases foreign investment rules days before Trump Gulf visit: What to know

Gulf states are estimated to manage 40% of the world’s sovereign wealth and are some of the biggest investors in the United States.

Khaldoun al-Mubarak, Managing Director and Group Chief Executive Officer of the Mubadala Investment Company, speaks at a panel session during the World Government Summit in Dubai on February 12, 2024. (Photo by RYAN LIM / AFP) (Photo by RYAN LIM/AFP via Getty Images)

Mubadala investments soar by 33% as UAE deepens AI ties with US

Mubadala made 119 billion Emirati dirhams ($32.4 billion) worth of investments in 2024, up 33.7% from the previous year, according to a Thursday statement from the UAE fund.

United Arab Emirates

Pakistan flights

Mideast airlines suspend Pakistan flights following Indian strikes

Pakistan closed its airspace for 48 hours starting early Wednesday following Indian airstrikes on several locations that left at least 15 people dead.

United Arab Emirates

Smoke billows after a drone strike on the port of Port Sudan on May 6, 2025.

Sudan cuts ties with UAE, dubs it 'aggressor state': What to know

The move by Sudan comes as the RSF allegedly conducts their third day of drone attacks on Port Sudan, marking a sharp escalation in the country’s conflict.

Nodding donkey rig pumping crude oil up from the ground of an oil field in the desert.

Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know

Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a barrel.

Turkey's minister of foreign affairs, Hakan Fidan, delivers a speech during the opening ceremony of Antalya Diplomacy Forum in Antalya, on April 11, 2025.

Turkey's Fidan visits UAE for talks on Syria, Gaza: What to know

The top Turkish diplomat’s visit to the UAE comes amid heightened tensions between Turkey and Israel over Syria.

UAE/LEBANON

UAE lifts Lebanon travel ban, signals support for $11B reconstruction in sign of thaw

The United Arab Emirates and Lebanon will establish a joint business council and explore joint projects, suggesting the UAE could play a role in Lebanon’s economic recovery.

Lebanon’s president, Joseph Aoun, with United Arab Emirates President Sheikh Mohammed bin Zayed Al-Nahyan in Abu Dhabi, April 20, 2025.

On first state visit, Aoun lauds UAE-Lebanon ties, says 'past behind us'

The Lebanese president’s visit to the UAE is the first by a head of state in years, as ties between the two countries became increasingly strained during Hezbollah’s growing influence in Lebanon.