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

UAE cover image

United Arab Emirates

March 10, 2026

Abu Dhabi 2:09 am

26°C

Smoke and flames rise at the site of airstrikes on an oil depot in Tehran on March 7, 2026.

Analysis

Oil crisis stokes inflation risks for Mideast as Iran war exposes importers

With crude oil briefly nearing $120 per barrel on Monday before giving up gains, the conflict is poised to reignite inflationary pressures around the world, including for vulnerable economies such as Egypt and Turkey.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

In this photo illustration, a smartphone displays the crude oil price in USD after markets in the UK opened on March 9, 2026, in London, England.

G7 readies strategic reserves after oil nears $120 amid Iran war

It is the first time oil prices have passed $100 in nearly four years as the key producers in the energy-rich Middle East curb output amid the conflict.

Yasin AKGUL / AFP via Getty Images

Analysis

Qatar gas shock roils Middle East energy risk profile amid Iran war

The disruption to energy transportation through the Strait of Hormuz predictably threatens crude prices, but it's natural gas supplies that are shocking the markets.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Christopher Pike/Getty Images

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

Latest News

What we know about UAE blocking X accounts accused of misinformation

Attendees take a picture of French Prime Minister Edouard Philippe as he delivers a speech during a visit to the Louvre Abu Dhabi Museum on February 10, 2018, on Saadiyat island in the Emirati capital, to launch the French-Emirati "Year of Cultural Dialogue". (Photo by KARIM SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

United Arab Emirates

Middle East evacuations gather pace as explosions rattle Abu Dhabi airport

FRANKFURT AM MAIN, GERMANY - MARCH 03: Passengers disembark from an Emirates passenger plane arriving at Frankfurt Airport from Dubai International on March 03, 2026 in Frankfurt, Germany. The flight is among the first to begin ferrying the thousands of German tourists who have been stranded across the Middle East following the U.S.-Israeli air attacks against Iran and the ensuing Iranian missile and drone attacks against the UAE, Qatar, Bahrain and other states in the region. (Photo by Andreas Rentz/Getty

United Arab Emirates

UAE billionaire Habtoor openly lambasts Trump over Iran war

world premiere of La Perle

United Arab Emirates

Analysis

Iran’s assault reveals Gulf defense gaps and reliance on US tech and intel

A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026.

Francesco Schiavi

By Francesco Schiavi

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

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

Abu Dhabi

Emirati AI firm G42 launches $10 billion investment fund

The UAE is seeking to become a leader in artificial intelligence, and has also successfully attracted some fintech firms.

United Arab Emirates

Press conference after meeting in the western Cypriot city of Paphos, on April 16, 2021.

Emirates launches codeshare deal with Aegean as UAE-Greece ties continue to strengthen

The United Arab Emirates and Greece have signed a variety of political, defense and economic agreements in recent years.

United Arab Emirates

This picture taken on May 9, 2021 shows a view of the Dubai city skyline as seen from the Burj Khalifa, currently the world's tallest building at 828 metres. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Gulf states changing labor, visa and residency policies to attract foreign wealth, talent

Robert Mogielnicki

Robert Mogielnicki

UAE Masdar

UAE’s Masdar to work on solar and wind power projects in Tanzania

The UAE is diversifying its economy and seeking closer relations with several sub-Saharan African states.

Central bank

UAE laws clamp down on money laundering, terrorism financing

The Emirates recently sanctioned some financial institutions in the country.

United Arab Emirates

stock exchange

Foreign investment grows in Abu Dhabi stock exchange

The UAE has invested in several regional states this year.

United Arab Emirates

GIUSEPPE CACACE/AFP via Getty Images

More gas discovered off coast of Abu Dhabi

The field, which is operated by Italy’s Eni, has yielded considerable natural gas to the UAE this year.

Cryptocurrency

Cryptocurrency exchange receives approval to operate in Dubai

FTX is among several cryptocurrency firms that have announced moves to the UAE, which instituted a regulatory mechanism for virtual assets earlier this year.

Total Energies

Abu Dhabi National Oil Company to increase footprint in Egypt

The oil firm’s move to buy half of TotalEnergies' stake in the country is the latest example of Emirati investment in Egypt.

Dubai skyline

UAE Central Bank announces more sanctions

The Emirates is seeking to improve its record on financial transparency after being implicated in money laundering and sanctions evasion controversies.

Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. - Art Dubai, the Middle East's largest annual contemporary art fair, featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub. - RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo by Karim SAHIB / AFP)

UAE's crypto push seeks to draw in high-net-worth individuals

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

A general view of Saudi Aramco's Abqaiq oil processing plant on September 20, 2019. - Saudi Arabia said on September 17 its oil output will return to normal by the end of September, seeking to soothe rattled energy markets after attacks on two instillations that slashed its production by half. The strikes on Abqaiq - the world's largest oil processing facility - and the Khurais oil field in eastern Saudi Arabia roiled energy markets and revived fears of a conflict in the tinderbox Gulf region. (Photo by Fay

Middle East poised for breakthrough in European energy markets

Gerald Kepes

In Washington, DC, reporting on regional energy trends