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United Arab Emirates

December 23, 2025

Abu Dhabi 4:27 am

16°C

Traffic moves on Sheikh Zayed Road in Dubai on March 24, 2025.

Analysis

Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi

The Gulf’s top financial hubs have posted another strong year in 2025, with the UAE spearheading a regional push to attract hedge funds, asset managers, crypto and fintech firms as regional neighbors target growth of their own.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

RICCARDO MILANI/Hans Lucas/AFP via Getty Images

UAE AI investor MGX moves closer to strategic stake in TikTok US

The state-linked Emirati investment firm is set to acquire a 15% stake in the social media platform's new US business as part of a plan that would avert a nationwide ban starting in 2026.

United Arab Emirates

Latest News

Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint

Solar panels in a Sinai desert, Egypt.

Interview

Robots can solve UAE construction labor shortage, says Buildroid AI

Buildroid AI

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

Sebastian Castelier

In Dubai, reporting on regional business

Jennifer Gnana

Gulf Correspondent

In Dubai, reporting on Gulf energy policy and politics

Iran's Supreme Leader Ayatollah Ali Khamenei delivers a speech during a ceremony marking the death anniversary of the founder of the Islamic Republic Ayatollah Ruhollah Khomeini, in Tehran, Iran, June 4, 2017. TIMA via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RC16ADBF0A50

Iran leadership shrugs off US oil sanctions, pledges response

Iran's supreme leader says the US plan to cap the flow of his country's oil will lead nowhere, pledging a "response to the US hostility."

Oman’s rising diplomatic role in Yemen met with mixed reaction in GCC

Oman's strategy of constructive engagement with the Houthis has been met with pushback from Saudi Arabia and the UAE.

Turkish Foreign Minister Mevlut Cavusoglu (C) and Iranian Foreign Minister Mohammad Javad Zarif (2L) give a press conference in Ankara, Turkey, on April 17, 2019. (Photo by Adem ALTAN / AFP) (Photo credit should read ADEM ALTAN/AFP/Getty Images)

Iran sets up trade vehicle with Turkey as Saudi, UAE send flood aid

Iranian Foreign Minister Mohammad Javad Zarif said relations with Turkey are the best they’ve been in decades, while Rouhani struck a conciliatory tone amid Saudi and Emirati flood aid.

Sudan’s President Omer Al Bashir welcomes Turkey's President Recep Tayyip Erdogan at Khartoum Airport, Sudan December 24, 2017. REUTERS/Mohamed Nureldin Abdallah - RC1EBBF69470

Erdogan claims Sudanese coup actually targeted Turkey

Now that the Sudanese military has ousted the president who ruled there for three decades, it will be interesting to see how the new administration will approach Omar al-Bashir's longtime friend, Turkish President Recep Tayyip Erdogan.

Members of the Southern Transitional Council (STC) gather for the second session of the STC's national assembly in Mukalla on February 16, 2019. (Photo by Saleh Al-OBEIDI / AFP) (Photo credit should read SALEH AL-OBEIDI/AFP/Getty Images)

Does Russia seek return of independent South Yemen?

Russia is tacitly stepping up its efforts to engage with the UAE in Yemen and reach out to the Southern Transitional Council, which favors the reestablishment of an independent South Yemen.

United Arab Emirates

A man walks past a currency exchange bureau advertisement showing images of the U.S. dollar and other currencies in Cairo, Egypt, April 2, 2019. REUTERS/Mohamed Abd El Ghany - RC1BF9442E80

Is debt answer to Middle East economic troubles?

The forecast for growth across the Middle East and North Africa is bleak. Unfortunately for the regions, heavy debt appears to be one way out.

New bollard-style U.S.-Mexico border fencing is seen next to vehicle barriers in Santa Teresa, New Mexico, U.S., March 5, 2019. Picture taken March 5, 2019. REUTERS/Lucy Nicholson TPX IMAGES OF THE DAY - RC16D209A700

Border wall fight could jeopardize funding for US bases in the Middle East

The fight over funding for President Donald Trump’s proposed border wall could impact key US bases in the Middle East.

United Arab Emirates

Interview

Qatar says divisions within GCC have become ‘lose-lose’ situation for the region

Qatari spokesperson says the split among the Gulf states compromises the security of the region and that thousands of families are already paying a price.

A general view of the Eastern Company SAE, which is engaged in manufacturing tobacco products, in Cairo, Egypt September 27, 2018. REUTERS/Amr Abdallah Dalsh - RC12D2E17460

Egypt’s Eastern Company listed 4.5% of shares on stock market

The Eastern Company’s public offering, which resulted in Saudi investors buying 25% of the listing worth $23 million, raises questions about illicit profits within the government.

Despite friction, Egypt retains economic ties with Turkey, Qatar

Some Egyptians have been calling for the government to seize Turkish and Qatari assets, but so far that hasn't seemed to sour foreigners on Egypt's investment offerings.

United Arab Emirates

Russia's foreign minister Sergei Lavrov is seen during a news conference with United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi, UAE, March 6, 2019. REUTERS/Satish Kumar - RC19A7AA4720

How did Lavrov do on his Gulf tour?

During his tour of the Gulf, Russia's Foreign Minister Sergey Lavrov treaded carefully around politics, opting to speak publicly about a safer topic, economics.

Kuwait’s steady hand in Gulf affairs

Amid disputes among the GCC states and beyond, Kuwait's efforts to bridge regional and international approaches to diplomacy remain vital.