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. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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. Iran
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. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
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 announces first case of monkeypox The Emirates is the second country in the Middle East to report a case of the virus, after Israel. There have been no deaths associated with the recent worldwide outbreak. United Arab Emirates
Abu Dhabi National Oil Company announces IPO price for Borouge The joint venture between ADNOC and the Austrian energy company Borealis will soon be listed on the Abu Dhabi stock exchange. United Arab Emirates
Affiliate of Abu Dhabi oil company to list on stock exchange Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG. United Arab Emirates
Harris stresses US-Emirati partnership after MBZ meeting The visit by Vice President Kamala Harris and other US officials come as relations between Washington and Abu Dhabi hit a rough patch. United Arab Emirates
More fintech startups come to Abu Dhabi The UAE wants to attract more entrepreneurs and startups to the country. United Arab Emirates
Dubai airport’s passenger traffic reaches pre-pandemic levels Air travel in the UAE has returned to normal after the industry suffered major losses due to virus-related travel restrictions. United Arab Emirates
UAE meets $400 million target in first bond auction The Emirati government decided to sell bonds in dirhams to boost the local banking sector and diversify financially. United Arab Emirates
Passenger traffic at Abu Dhabi airports triples, aided by travel from India The quarterly results from airports in Abu Dhabi indicate that the air travel industry in the United Arab Emirates has recovered from the COVID-19 pandemic. United Arab Emirates
Abu Dhabi’s Mubadala to develop electric car charging stations with France’s ENGIE The UAE is in the early stages of a transition from oil and gas to cleaner energy sources. United Arab Emirates
UAE, Greece sign $4.2 billion agreement The UAE and Greece have become close allies in recent years. United Arab Emirates
Etihad tests out environmentally friendly flights The airline said that sustainable aviation fuel will be needed to make planes pollute significantly less, but the technology is not ready for mass use. United Arab Emirates