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United Arab Emirates

December 24, 2025

Abu Dhabi 7:32 am

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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

A Delta jetliner (foreground) is de-iced while an American Airlines plane (rear) takes off at Reagan National Airport in Washington January 3, 2014. A heavy snowstorm and dangerously cold conditions gripped the northeastern United States on Friday, delaying flights, paralyzing road travel and closing schools and government offices across the region. REUTERS/Gary Cameron (UNITED STATES - Tags: ENVIRONMENT TRANSPORT TRAVEL) - RTX1711Z

Gulf carriers delight as Congress rakes US airlines over the coals

Lawmakers fault lack of competition for plummeting US customer service; could this affect US airlines' campaign for fairer competition with Gulf carriers?

United Arab Emirates

A man walks on the rubble of houses at the site of a Saudi-led air strike in the Red Sea port city of Hodeidah, Yemen September 22, 2016. REUTERS/Abduljabbar Zeyad - RTSOWXB

Critics say operation to take port could spell more catastrophe for Yemen

As the Trump administration considers providing support for a UAE/Saudi operation to take a Yemeni port, some UN, former US officials warn it could tip Yemen into famine.

An Emirates plane is seen at Lisbon's airport, Portugal June 24, 2016. REUTERS/Rafael Marchante - RTSHVQ6

Congress looks to ground Emirates air route

Lawmakers want US President Donald Trump to cancel planned Europe-US route.

Secretary-General of the Gulf Cooperation Council (GCC) Abdullatif bin Rashid Al Zayani, Kuwait's Foreign Minister Sheikh Sabah al Khalid al Sabah, Qatar's Foreign Minister Khaled al-Attiyah, Oman's Foreign Minister Yusuf bin Alawi bin Abdullah, Saudi Arabia's Foreign Minister Adel al-Jubeir, Bahrain's Foreign Minister Khalid bin Ahmed Al Khalifa and UAE'S Foreign Minister Abdullah bin Zayed Al Nahyan (L-R) pose for a group photo during an extraordinary meeting in Riyadh January 9, 2016. REUTERS/Faisal Al N

Gulf countries take back seat on Syria route

It seems Saudi Arabia is more interested in Yemen than in Syria these days, which explains dwindling Gulf support for Syrian rebels.

A Palestinian man watches a joint press conference by U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, in a coffee shop in the West Bank city of Hebron February 15, 2017. REUTERS/Mussa Qawasma - RTSYU7C

Why Arab leaders cannot replace legitimate Palestinian ones

The Trump-Netanyahu love fest that was broadcast around the world doesn’t bode well for Palestinians or for any possible peaceful breakthrough.

Why GCC has been silent on Trump's 'Muslim ban'

Gulf states have failed to criticize the Trump administration for its recent "Muslim ban" in an attempt to keep the new US administration on their side in light of the economic and security challenge the Gulf region faces.

Incoming Trump administration cabinet secretary nominees including Secretary of State nominee Rex Tillerson (L-R), Central Intelligence Agency (CIA) Director nominee Mike Pompeo and Defense Secretary nominee James Mattis arrive for meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S. January 13, 2017. REUTERS/Jonathan Ernst - RTX2YUEZ

How will Trump’s anti-Muslim Brotherhood inner circle view Qatar?

While Qatar’s support for groups such as Hamas has caused tense ties with the United States in the past, Donald Trump’s presidency could create even more challenges for Qatar.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran.†

Akbar Hashemi Rafsanjani, Chairman of the Assembly of Experts, delivers the opening speech during the biannual meeting of the assembly in Tehran September 22, 2009. REUTERS/Caren Firouz (IRAN POLITICS) - RTR284SA

Will Rafsanjani’s death draw Iran, Egypt farther apart?

As Egypt paid its condolences to the death of former Iranian President Ayatollah Ali Akbar Hashemi Rafsanjani, many observers do not expect Rafsanjani's death to affect the rapprochement attempts between both countries.

Arab film festivals not ready for 'revolution' on screen

The Cairo and Dubai film festivals have both rejected certain films that deal with Egypt's January 25 Revolution, prompting many to wonder just how large a role, if any, the Egyptian government played in the decisions.

United Arab Emirates

How will Britain-Gulf rapprochement affect Egypt?

Following British Prime Minister Theresa May's attendance at the Gulf Cooperation Council (GCC) summit, it seems cooperation between both sides could potentially worsen Egypt’s relations with the Gulf states.

Bahrain's Prime Minister Prince Khalifa Bin Salman al-Khalifa attends a meeting during the Asia Cooperation Dialogue (ACD) summit at the Foreign Ministry in Bangkok, Thailand, October 10, 2016. REUTERS/Athit Perawongmetha - RTSRK1T

Who in the GCC wants a union?

Gulf Cooperation Council states consider transforming into a union to arm themselves against Iran’s increasing dominance and the growing instability in the Middle East.

Tunisia's President Moncef Marzouki (R) and Qatar's Emir Sheikh Tamim bin Hamad al-Thani listen to their national anthems during a welcome ceremony in Tunis April 3, 2014. REUTERS/Zoubeir Souissi (TUNISIA - Tags: POLITICS ROYALS) - RTR3JUGT

Qatar steps up its involvement in Tunisia with investment conference

The Arab Spring’s nascent democracy is the latest theater where Gulf state rivalries are playing out.

United Arab Emirates