Strait of Hormuz Featured The Cost of a Closed Strait On the 18th of August, the UAE suspended all trade, commercial exchanges and financial transactions with Iran until further notice, after Iranian ballistic missiles landed in Emirati waters and UAE-owned tankers were attacked.
ADNOC Featured Fifteen Attacks Didn't Move the Market. Did Sixteen? This is the 16th such strike on an ADNOC vessel since the war began on February 28, a campaign that has now killed one crew member and injured 20 others across the run of incidents.
Abu Dhabi Featured OPEC Exit — Abu Dhabi Breaks Free... The UAE dropped its bombshell on Tuesday: effective May 1, Abu Dhabi exits both OPEC and OPEC+, ending a membership that dates back to 1967 — four years before the federation itself was formed.
UAE Update Featured ENERGY: THE $200 QUESTION The Hormuz crisis entered a more dangerous phase this week. Iran's military spokesperson Ebrahim Zolfaqari issued a stark warning: "Get ready for oil to be $200 a barrel..."
Abu Dhabi Featured How Much Will Dubai Property Prices Rise in 2026? Dubai residential price growth is forecast to slow to 10 per cent in 2026, while office capital values and rents are set to rise 15 per cent.
Abu Dhabi Business Featured UAE Announces 1 Billion AI Development Initiative for Africa... UAE announced a USD 1bn “AI for development initiative” dedicated to expanding AI adoption and infrastructure development across Africa.
UAE Tax Featured UAE Announces Tax Change on Sugar-Sweetened Beverages … UAE MoF and FTA announced a change to excise tax on sugar-sweetened beverages – from the current flat rate, it will be revised to a higher tax per litre if the sugar content per 100 ml is higher.
Abu Dhabi Featured OpenAI in talks for free ChatGPT Plus for all UAE Residents! Negotiations are underway between the UAE and OpenAI that may make the company’s ChatGPT Plus artificial intelligence chatbot available to all residents free of charge, though a final deal has not been reached.
Disneyland Featured New Disney Theme Park announced in Abu Dhabi... Announcement of the Disney Theme Park Resort project on Yas Island, Abu Dhabi, following a strategic partnership agreement between The Walt Disney Company and Miral.
