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

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United Arab Emirates

April 21, 2026

Abu Dhabi 7:18 am

26°C

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Could UAE tap US currency swap line as Iran war strains Gulf economies?

The Gulf country apparently wanted reassurances from Washington in case its economy is severely damaged by the Iran war.

United Arab Emirates

Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability, United Arab Emirates

Interview

UAE official says opening Hormuz integral to any Iran deal, describes infrastructure damage 'manageable'

Abdulla Balalaa, UAE assistant minister of foreign affairs for energy and sustainability, spoke to Al-Monitor about the situation in the Gulf along with the UAE's focus on promoting privatization in the water sector and the 2026 UN Water Conference.

FAYEZ NURELDINE/AFP via Getty Images

Saudi stocks hit 2026 high, bucking global war-driven volatility

The kingdom's stock market climbed to its highest level of the year on Wednesday, with the kingdom’s equities now far outperforming the S&P 500 and other global and regional indices.

Latest News

UAE's deputy PM holds first call with Ghalibaf amid push to extend US-Iran ceasefire

ATTA KENARE/AFP via Getty Images

United Arab Emirates

IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies

A man walks through the atrium during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

China signals bigger Gulf role as UAE crown prince visits Beijing

Chinese Premier Li Qiang meets with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, in Beijing on April 13, 2026.

Oil back above $100 as US moves to blockade Strait of Hormuz

Elke Scholiers/Getty Images

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

A view of Al Majdoul, a skyscraper in Riyadh, Aug. 1, 2023.

Feature

Saudi Arabia leans on AI for real estate growth as gigaprojects slow

The kingdom is increasingly announcing projects merging AI and real estate to cut costs while building smarter, data-driven, and more sustainable infrastructure.

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

Mark Carney in UAE

UAE pledges up to $50B for Canada during Carney's Abu Dhabi visit

The agreement was signed by Canadian Prime Minister Mark Carney and UAE President Mohammed bin Zayed Al Nahyan on Friday, during the former’s official visit to Abu Dhabi.

United Arab Emirates

HECTOR RETAMAL/AFP via Getty Images

Middle East commercial aircraft fleet will double in 20 years, Airbus says

The European planemaker predicted the Middle East will be one of the world’s fastest-growing aviation regions with 4,080 new passenger aircraft deliveries in the next 20 years.

United Arab Emirates

A drone is seen during the opening ceremony of the Milipol, the international exhibition of homeland security, at the Doha Exhibition and Convention Center, in Doha, on Oct. 31, 2016.

UAE deals with Anduril, Palantir deepen US tech footprint in Gulf defense

A new generation of Silicon Valley-linked US defense players are strengthening Gulf ties, representing a challenge to America’s legacy weapons giants in the region.

United Arab Emirates

A yacht is pictured at the Dubai Marina in Dubai August 6, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Dubai, Abu Dhabi make world’s top 5 destinations for wealthy: What to know

In Savills’ Spotlight on Wealth Trends 2025 report, Dubai topped the charts while Abu Dhabi ranked fifth.

United Arab Emirates

Bilal Abu-Ghazaleh, founder of 1001 AI.

Meet the Silicon Valley-linked AI startup targeting Gulf’s costly inefficiencies

Bilal Abu-Ghazaleh, formerly a director at Silicon Valley’s Scale AI, shares how he spotted an opportunity to automate complex workflows that could reduce inefficiencies potentially worth over $10 billion across the Gulf's airports, ports, construction and the energy sector.

United Arab Emirates

France's President Emmanuel Macron and Syria's President Ahmed al-Sharaa look on during a bilateral meeting within the framework of the COP30 UN climate conference in Belem, Brazil, Nov. 6, 2025.

Syria attends Brazil’s COP30 as most Middle East leaders skip talks

Two years after the UAE and Egypt hosted back-to-back climate conferences, global headwinds are threatening climate action as talks begin in Belem amid notable absences.

United Arab Emirates

Antonio Brown #84 of the Pittsburgh Steelers celebrates a touchdown during the second half against the New Orleans Saints at the Mercedes-Benz Superdome on Dec. 23, 2018 in New Orleans, Louisiana.

NFL star Antonio Brown extradited from Dubai: What to know

The US and the UAE do not have an extradition treaty, a factor that affected the proceedings against Binance founder Changpeng Zhao.

United Arab Emirates

People sit listening as the Chairman and CEO of TotalEnergies Patrick Pouyanne speaks during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, on Nov. 3, 2025.

Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit

Minister Karim Badawi met with executives from companies including Abu Dhabi sovereign wealth fund Mubadala, UAE state energy holding company TAQA, US conglomerate Halliburton and British Petroleum.