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UAE cover image

United Arab Emirates

March 10, 2026

Abu Dhabi 5:35 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

GIUSEPPE CACACE/AFP via Getty Images

Explainer: Oman may follow as most Gulf central banks raise rates

Inflation in the Gulf has not been as severe as in other parts of the region.

Justin Sullivan/Getty Images

Breaking | Last Updated: May 6, 2022, 10:28 am

Qatar's sovereign wealth fund, Dubai's Vy Capital help Elon Musk buy Twitter

Musk's takeover of Twitter has several implications for the Middle East, particularly Saudi Arabia and Turkey.

General view of the Emirates' Central Bank, Dubai, United Arab Emirates, Jan. 3, 2017.

UAE announces date for auction of dirham bonds

The Emirati government began selling bonds for the first time last year in a bid to diversify financially. This is the first time bonds will be sold in the local currency, as opposed to the US dollar.

United Arab Emirates

A view of a French jeweller Cartier shop at Jumeirah mall, Abu Dhabi, United Arab Emirates, Nov. 8, 2017.

Abu Dhabi removes COVID-19-related capacity restrictions, masks remain

The United Arab Emirates’ largest city also recently mandated the resumption of in-person classes for students, and is heading toward a return to the pre-coronavirus normal.

United Arab Emirates

Crypto hacking event returns to Dubai

The UAE is emerging as a regional hub for cryptocurrency activities.

United Arab Emirates

Kashmir

Explainer: UAE business delegation visits Kashmir, meets Indian PM

The UAE and India have a strong economic relationship. The Kashmir visit could affect UAE-Pakistan ties.

United Arab Emirates

Swvl transportation.

Dubai-based transportation startup Swvl acquires Turkey’s Volt Lines

Swvl has recently bought other firms in Europe and Latin America and has received funds to help advance the transportation safety of women in Egypt.

United Arab Emirates

Marco Bello/Getty Images

UAE crypto push continues as Kraken invades Abu Dhabi

Two other cryptocurrency exchanges have also announced moves to Dubai recently.

United Arab Emirates

Korea UAE

Abu Dhabi, South Korea pledge to boost economic relations

South Korean entities have signed major deals with Egypt and Saudi Arabia recently.

United Arab Emirates

LOIC VENANCE/AFP via Getty Images

UAE-India economic agreement to lower tariffs, duties in bid to boost trade

India is one of the UAE’s largest trading partners, with oil, jewelry and textiles forming a bulk of the trade.

United Arab Emirates

Morocco solar

Emirati firm to build solar power plants in Morocco

Morocco is heavily dependent on imports for its energy needs, and is working to increase its use of renewable sources.

A man watches stock movements on a display at the Dubai Financial Market stock exchange in the Gulf emirate on April 12, 2022.

UAE reports slight growth of non-oil GDP

The United Arab Emirates is undergoing economic changes as it aims to reduce its dependency on oil.

United Arab Emirates