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United Arab Emirates

December 24, 2025

Abu Dhabi 5:29 am

17°C

Traffic moves on Sheikh Zayed Road in Dubai on March 24, 2025.

Analysis

Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi

The Gulf’s top financial hubs have posted another strong year in 2025, with the UAE spearheading a regional push to attract hedge funds, asset managers, crypto and fintech firms as regional neighbors target growth of their own.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

RICCARDO MILANI/Hans Lucas/AFP via Getty Images

UAE AI investor MGX moves closer to strategic stake in TikTok US

The state-linked Emirati investment firm is set to acquire a 15% stake in the social media platform's new US business as part of a plan that would avert a nationwide ban starting in 2026.

United Arab Emirates

Latest News

Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint

Solar panels in a Sinai desert, Egypt.

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

Sebastian Castelier

In Dubai, reporting on regional business

Jennifer Gnana

Gulf Correspondent

In Dubai, reporting on Gulf energy policy and politics

Palestinians take part in a rally in support of Qatar, inside Qatari-funded construction project 'Hamad City', in the southern Gaza Strip, June 9, 2017. REUTERS/Ibraheem Abu Mustafa - RTX39TF1

Hamas could lose Qatar's support amid GCC strife

Palestinians are concerned that as a result of the Qatar crisis, the Gulf nation might be forced to reduce its financial commitments to Palestine, especially in the Gaza Strip.

Saudi Arabia's King Salman bin Abdulaziz Al Saud (L) shakes hands with Egypt's President Abdel Fattah al-Sisi in Riyadh in Riyadh, Saudi Arabia April 23, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RTS13JDG

Egypt’s role in the push to cut off Qatar

With three Gulf states revolting against Qatar's regional policies, Egypt has found the perfect opportunity to sever ties with Qatar after four years of political bickering.

Hamas leader Khaled Meshaal gestures as he announces a new policy document in Doha, Qatar, May 1, 2017. REUTERS/Naseem Zeitoon - RTS14OSP

Hamas could be next victim of Qatari-Gulf brawl

Qatar politely sent some Hamas leaders packing after several nations, including Saudi Arabia, cut diplomatic ties with Doha.

Russian Foreign Minister Sergei Lavrov and Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani enter a hall during their meeting in Moscow, Russia, April 15, 2017. REUTERS/Maxim Shemetov - RTS12E5Q

Russia’s reading on what’s at stake in Qatar crisis

Moscow has pricked up its ears as Qatar’s diplomacy problems grow more raucous.

A U.S. Air Force B-52 Stratofortress bomber arrives at Al Udeid Air Base, Qatar April 9, 2016. The U.S. Air Force deployed B-52 bombers to Qatar on Saturday to join the fight against Islamic State in Iraq and Syria, the first time they have been based in the Middle East since the end of the Gulf War in 1991. REUTERS/U.S. Air Force/Tech. Sgt. Terrica Y. Jones/Handout via Reuters THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR ED

US urges dialogue to ease Qatar crisis

Diplomats hope mediation will cool diplomatic crisis between Qatar and its Gulf rivals.

Qatari Crown Prince Sheikh Tamim bin Hamad bin Khalifa al-Thani (R) and Turkish President Recep Tayyip Erdogan (2ndL), walk past a guard of honor during an official welcoming ceremony prior to their meeting at the presidential palace in Ankara, Turkey, on December 19, 2014. AFP PHOTO / ADEM ALTAN (Photo credit should read ADEM ALTAN/AFP/Getty Images)

Ankara's paranoia spikes as Qatar shunned

The news that five Arab countries have cut ties with Qatar, its close regional ally, has rattled Turkey, which depends on its political, military and business ties with Qatar.

United Arab Emirates

'Fake news' sparks real crisis in the Gulf

Controversial statements reported by Qatar's state news agency and later attributed to a hack have revealed deep tension among members of the Gulf Cooperation Council.

U.S. President Donald Trump (2nd L) and first lady Melania Trump (3rd L) stand with Israeli Prime Minister Benjamin Netanyahu (2nd R), his wife Sara (R) and Israel's President Reuven Rivlin (L) upon their arrival at Ben Gurion International Airport in Lod near Tel Aviv, Israel May 22, 2017. REUTERS/Amir Cohen - RTX36ZTW

Will Trump’s Middle East deal work?

Israeli Prime Minister Benjamin Netanyahu is all in favor of a regional alliance with pragmatic Sunni states, but he will do everything in his power to remove a deal with the Palestinians.

Saudis trumpet Trump

Saudi Arabia gives US President Donald Trump the fully rolled out red carpet treatment in hopes of getting heightened US action against Iran.

Russian Foreign Minister Sergei Lavrov (R) meets with Libyan Prime Minister Fayez Seraj in Moscow, Russia, March 2, 2017. REUTERS/Sergei Karpukhin - RTS115AB

Can Russia, West cooperate on Libya?

Moscow sees an opportunity to engage with Europe to help solve Libya’s crisis, and the US president seems ready and willing to stay out of it.

Libya's Prime Minister Fayez al-Sarraj addresses a joint news conference with European Union foreign policy chief Federica Mogherini (unseen) at the EU Commission headquarters in Brussels, Belgium February 2, 2017. REUTERS/Francois Lenoir - RTX2ZBL2

What, if anything, will come of meeting between Libyan rivals?

The head of Libya's UN-backed government in Tripoli, Fayez al-Sarraj, spoke recently with military strongman Khalifa Hifter in their first-ever meeting, aimed at ending violence and chaos in Libya.

United Arab Emirates

What's behind curious gold traffic between Turkey and UAE?

Gold of almost similar worth has been traded between Turkey and the United Arab Emirates in the first quarter of the year, raising suspicion that some dubious transactions may be underway.

United Arab Emirates