Newsletter: City Pulse Dubai UAE arts scene balances resilience with renewal Also this week: Deja Vu, Alserkal Art Month and Solimar Miller’s landscapes By Rebecca Anne Proctor In Dubai, reporting on culture
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
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.
Newsletter: City Pulse Dubai Barjeel Art Foundation unveils plans for Sharjah museum By Rebecca Anne Proctor In Dubai, reporting on culture
UAE's deputy PM holds first call with Ghalibaf amid push to extend US-Iran ceasefire United Arab Emirates
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
Spain investigates Saudi Arabia’s 9.9% acquisition of Telefonica Saudi Arabia’s STC Group announced a 9.9% purchase in the $2.1 billion telecom company, but the Spanish government must approve the plan. Saudi Arabia
Western diplomats visit UAE to discuss Russia ties, Ukraine sanctions Western officials landed in the UAE on Monday, reportedly in a bid to keep computer chips, electronic parts and dual-use products away from Russia. United Arab Emirates
UAE trade offensive continues, this time with New Zealand deal The UAE is looking to secure its sixth trade agreement of the year as it increases its non-oil trade globally, with intentions to reach $1.09 billion by 2031. United Arab Emirates