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

UAE cover image

United Arab Emirates

April 21, 2026

Abu Dhabi 6:50 pm

27°C

Haruna Furuhashi /Getty Images

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 worker fits solar panels onto frames during construction at South Africa's first municipally owned solar plant, during International World Environment Day, on June 5, 2025, in Atlantis near Cape Town.

UAE breaks ground on 50 MW solar plant in CAR, expanding Africa footprint

Abu Dhabi’s financial footprint has expanded across Africa, making the UAE the continent’s fourth-largest source of foreign capital.

United Arab Emirates

The tallest solar power tower in the world at 260 metres is pictured at the concentrated solar thermal power (CST) Noor Energy 1 solar complex at Mohammed bin Rashid al-Maktoum Solar Park, about 50 kilometres south of Dubai, on July 19, 2025. (Photo by FADEL SENNA / AFP) (Photo by FADEL SENNA/AFP via Getty Images)

UAE’s Masdar secures $1.1B for 2 GW Saudi solar megaproject: What to know

The Al Sadawi Independent Power Producer (IPP) Project is set to be one of the largest solar plants in the world, according to Masdar.

United Arab Emirates

A picture taken on Jan. 17, 2022, shows "The Enigma," a 555.55-carat black diamond, at Sotheby's in the Gulf emirate of Dubai.

UAE police arrest three suspects in attempted $25M diamond heist

Three men were arrested after attempting to smuggle a 21.25-carat pink diamond from Dubai, now a major global diamond hub.

United Arab Emirates

Participants look at a miniature of KF-21 fighter jet (front) on display at the Responsible AI in the Military Domain (REAIM) summit in Seoul on Sept. 10, 2024.

Analysis

What UAE interest in South Korea’s KF-21 jets signals for Gulf defense strategy

A recent “friendship flight” with the KF-21 Boramae gave the UAE a firsthand look at Seoul’s most advanced fighter, highlighting Abu Dhabi’s efforts to diversify its airpower suppliers and expand regional influence.

Francesco Schiavi

By Francesco Schiavi

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

Michael M. Santiago/Getty Images

Diverging Gulf bets: PIF exits US tech stocks as Mubadala reshuffles portfolio

During a quarter in which US stocks began surging toward record highs, two of the Gulf's most influential investors took different approaches to the market.

United Arab Emirates

Salah Malkawi/Getty Images

Jordan, UAE military chiefs vow stronger defense ties in Amman meeting

Jordan has moved to increase military cooperation with the UAE in recent years, including via joint exercises as the Hashemite Kingdom works to bolster its defenses.

Players in action during day one of the Girl Gamer Esports Festival at Meydan Racecourse on Feb. 21, 2020, in Dubai, United Arab Emirates.

Dubai Police to host expanded esports event amid UAE gaming push: What to know

The UAE wants to grow its esports sector as part of its economic diversification plans, mirroring a similar endeavor in neighboring Saudi Arabia.

United Arab Emirates

adnoc

Landmark $18.7B Santos-ADNOC takeover delayed: What to know

Santos said in a statement that the due diligence period, initially set for six weeks, has been extended until Aug. 22.

United Arab Emirates

Nour Al Hassan, founder and CEO of Tarjama (C), and members of the Tarjama team promoting Arabic.AI, the firm's new platform offering business solutions, 2025.

How an Arabic translation firm from Jordan became a Gulf AI player

Tarjama, now based in Dubai, recently raised $15 million to accelerate the rollout of an Arabic-language AI platform for businesses in the Middle East.

GAVRIIL GRIGOROV/AFP via Getty Images

UAE looks to boost Russia trade to $23B despite Trump tariff threats

The two countries signed a trade agreement focusing on several key sectors, including fintech, health care, logistics, transportation and services.

United Arab Emirates