UAE investment fuels Syria's postwar economic recovery with $7B property deal The deal would see UAE-based Arada develop a major real estate project in Damascus. Syria
Analysis UAE gauges new Lebanon deals amid Levant economic stabilization push Beirut welcomed a high-level business delegation from the UAE in late August as Abu Dhabi pursues new regional economic engagement amid Iran's waning influence. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis UAE-China air drills deepen with fourth Falcon Shield exercise The United Arab Emirates and China are preparing for their fourth joint air force exercise in as many years, extending a military relationship that has moved steadily beyond arms sales into increasingly regular operational training. By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
Newsletter: Daily Briefing Iran sets conditions for reopening Strait of Hormuz Syria, Saudi Arabia to establish joint bank; Lebanon, UAE ink deals, deepen economic ties; and more. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Newsletter: City Pulse Dubai Dubai gears up for autumn By Rebecca Anne Proctor In Dubai, reporting on culture
Newsletter: Business & Tech Iran keeps Hormuz reopening on hold By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
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
Dubai apartment prices soar, spooking expats The cost of the average apartment in Dubai rose 20% in one year through August. United Arab Emirates
Mubadala opens office in Beijing as UAE-China ties grow The United Arab Emirates' Mubadala Investment Company began operations in the Chinese capital this week. Legacy: Gulf