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
UAE's ADNOC to expand gas processing with $3.6 billion contract ADNOC Gas announced it would award the contract to a joint venture between ADQ state-fund-owned National Petroleum Construction Company and Spain’s Tecnicas Reunidas. United Arab Emirates
UAE president meets US national security adviser amid regional tensions National Security Adviser Jake Sullivan’s trip to Abu Dhabi comes amid US military maneuvers aimed at countering Iran in the Gulf. United Arab Emirates
From Beijing to Chengdu, UAE’s ENOC establishes first China jet fuel network The Dubai government-owned oil and gas company said the expansion will extend to strategic cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu. United Arab Emirates
UK sanctions entities in Turkey, UAE, Iran for alleged role in Ukraine war It is not the first time Britain has sanctioned companies from these countries for their alleged role in the 18-month-old conflict. Turkey
International business development is next challenge for UAE's ADNOC The Abu Dhabi National Oil Company (ADNOC) has a range of corporate objectives, including oil production growth, self-sufficiency in natural gas and a net zero emissions target by 2045. Gerald Kepes In Washington, DC, reporting on regional energy trends
Culture Saudi, UAE theaters to screen Barbie this week, despite earlier push to delay The United Arab Emirates, Bahrain and Qatar have changed the release date of the record grossing film for a second time to Aug. 10, and the film will open in Saudi Arabia Aug. 9. United Arab Emirates
UAE’s ADNOC buys stake in Azerbaijan gas field The move follows a wind and solar energy deal between an Emirati firm and Azerbaijan. Legacy: Gulf
Arab moviegoers wait to see 'Barbie' as UAE, Saudi screenings loom The summer box office hit is maintaining its delayed premier date of Aug. 31 in the UAE, Al-Monitor confirmed with Vox Cinemas. United Arab Emirates
Iran president Raisi invites UAE's MBZ to visit Tehran The invite was extended on the same day that Iran conducted a naval drill on Abu Musa Island, which is disputed with the UAE. United Arab Emirates
Saudi Arabia, UAE lead Forbes’ 2023 Arab family business ranking Although Saudi Arabia and the UAE dominated the list, with 33 and 29 of the top 100 spots respectively, Egypt’s Mansour Group sat in first place, with the UAE’s Al-Futtaim Group in second and Saudi Arabia’s only female-led company, Olayan Financing Company, at third. Saudi Arabia
Gulf investment in UK property expected to reach $3.2 B in 2024 Middle Eastern investors are capitalising on lower property valuations and those investors are likely to refinance when interest rates start falling, the Islamic bank said. Legacy: Gulf
Japan’s Nomura subsidiary receives crypto license in UAE The crypto sector is booming in the United Arab Emirates thanks to clear regulations on virtual assets. Legacy: Gulf