UAE to freeze billions in Iranian assets following strikes The UAE's move to freeze Iranian assets will hit Iran’s economy hard, as it is straining under high inflation, unrest and now a war. United Arab Emirates
What we know about UAE blocking X accounts accused of misinformation A number of X accounts including Al Arabiya Breaking are now not accessible in the Gulf state as Abu Dhabi navigates regional turmoil. United Arab Emirates
Middle East evacuations gather pace as explosions rattle Abu Dhabi airport Dozens of Emirati flights were forced to hold or diver after the country's Defense Ministry said it had intercepted six ballistic missiles and 125 drones. United Arab Emirates
UAE billionaire Habtoor openly lambasts Trump over Iran war The Emirati businessman condemned the US president, a former business partner, for his “dangerous” attack on Iran and asked whether he had stopped to consider the collateral damage. United Arab Emirates
Analysis Iran’s assault reveals Gulf defense gaps and reliance on US tech and intel By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
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
UAE places technology at top of COP28 agenda in Dubai The UAE Ministry of Industry and Advanced Technology, UAE Space Agency and COP28 signed an agreement in July to coordinate on technology-focused sustainable solutions ahead of the major climate change conference in Dubai later this year. United Arab Emirates
US presses UAE over dual-use goods fueling Russia's war US officials, along with their counterparts from the European Union and United Kingdom, are visiting the UAE this week to discuss the Gulf country's financial dealings with Russia. United Arab Emirates