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United Arab Emirates

December 23, 2025

Abu Dhabi 3:45 pm

24°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

An American made Patriot missile launcher of the Kuwait Air Force, used
to shoot down incoming ballistic missiles, is deployed in an undated
file photograph. A U.S. Patriot missile battery may have engaged a
British Royal Air Force aircraft near

the Kuwaiti border on Sunday, a Pentagon spokesman said. REUTERS/Kuwait
Ministry of Defence - RP3DRINEPZAA

Congress nudges Trump toward Gulf missile defense

Congress is trying to revive US-led talks for a GCC-wide missile shield against Iran that have stalled amid tensions with Qatar.

Birds fly on a foggy day near the Dome of the Rock, located in Jerusalem's Old City on the compound known to Muslims as Noble Sanctuary and to Jews as Temple Mount, Jerusalem, January 2, 2018. REUTERS/Ammar Awad - RC1FAC4E2C00

Will Israel accept UAE donations to East Jerusalem?

Former Fatah member Mohammed Dahlan appears to have caught Israel by surprise with an announcement of a $70 million donation from the UAE for the Palestinian residents of East Jerusalem.

United Arab Emirates

Russia rotates its Mideast diplomats

Key players involved in the Russian Foreign Ministry's Middle East policy are changing positions, and there will be a new ambassador to Syria; will this also involve policy change?

United Arab Emirates

U.S. President Donald Trump meets with Qatar's Emir Sheikh Tamim bin Hamad al-Thani in New York, U.S., September 19, 2017. REUTERS/Kevin Lamarque - RC1EC612CAF0

Qatar hires Trump-linked lobbyist ahead of emir’s visit

Doha is turning to well-connected Republican operatives amid an intra-Gulf spat.

Jordan, Turkey mending fences over trade agreement dispute

During a time of shifting alliances, Ankara views Jordan as an important potential ally — which no doubt has been a factor in Turkey's decision to renegotiate a free trade pact that Amman says favors Turkey.

FILE PHOTO: A combination photo shows U.S. Secretary of State Rex Tillerson (L) in Addis Ababa, Ethiopia, March 8, 2018, and Central Intelligence Agency (CIA) Director Mike Pompeo on Capitol Hill in Washington, DC, U.S., February 13, 2018 respectively. REUTERS/Jonathan Ernst (L) Aaron P. Bernstein (R) - RC1850892B00

Pompeo pick pleases Abu Dhabi

United Arab Emirates officials see a shift at the US State Department in their favor, but are unlikely to see all their hopes realized under Mike Pompeo.

WASHINGTON, DC - FEBRUARY 13: Central Intelligence Agency Director Mike Pompeo testifies before the Senate Intelligence Committee in the Hart Senate Office Building on Capitol Hill February 13, 2018 in Washington, DC. The intelligence chiefs were called to testify to the committee about 'world wide threats.' (Photo by Chip Somodevilla/Getty Images)

State Department shake-up leaves Qatar hanging

President Trump’s ouster of Secretary of State Rex Tillerson knocks out a leading champion for resolving the monthslong Qatar crisis in the Persian Gulf.

Anwar Mohammed Gargash, Minister of State for Foreign Affairs, speaks during a meeting of the Federal National Council in Abu Dhabi, January 22, 2013. REUTERS/Ben Job (UNITED ARAB EMIRATES - Tags: POLITICS) - GM1E91M1H1I01

Turkish-Arab ties marked by fear and loathing

A senior Turkish diplomat says Ankara misread the Middle East and ended up relying on Iran and its backer Russia, the two countries that Arab regimes fear the most.

United Arab Emirates

WASHINGTON, DC - JUNE 21: Special counsel Robert Mueller (C) leaves after a closed meeting with members of the Senate Judiciary Committee June 21, 2017 at the Capitol in Washington, DC. The committee meets with Mueller to discuss the firing of former FBI Director James Comey. (Photo by Alex Wong/Getty Images)

The dealmaker: Mueller witness helped broker $4.2 billion Iraq-Russia arms deal

Special Counsel Robert Mueller’s latest interest, Lebanese-American businessman George Nader, has a long history of mysterious dealings in the Middle East despite a low profile in Washington.

United Arab Emirates

Smoke rises after an airstrike on the military site in Sanaa, Yemen January 11, 2018. REUTERS/Mohamed al-Sayaghi - RC142F21CA80

US still pouring weapons into Yemen war

The United States sold Saudi Arabia and the United Arab Emirates more than $650 million in weapons last year for their war against the Houthis, according to a new report.

Mohammed Dahlan, a former Fatah security chief, gestures in his office in Abu Dhabi, United Arab Emirates October 18, 2016. Picture taken October 18, 2016. REUTERS/Stringer - S1AEUJEJBIAA

Dahlan encouraged to form Palestinian party outside Fatah

Despite his reluctance, dismissed Fatah leader Mohammed Dahlan is getting support from other countries to challenge Palestinian Authority President Mahmoud Abbas.

Russia's President Vladimir Putin (R) approaches to shake hands with Qatar's Emir Sheikh Tamim Bin Hamad Al-Thani during a meeting in Moscow, Russia, January 18, 2016. REUTERS/Yuri Kochetkov/Pool - GF20000098937

Russia, Qatar move forward on military cooperation

The Kremlin tightens its military relationship with Qatar, with Doha finalizing the purchase of S-400 air missile defense systems from Russia.