Strait of Hormuz Featured The Second Chokepoint... Houthi forces took the Red Sea port of Mocha on 10 September, moving closer to Bab el-Mandeb. Hormuz remains blocked, with war-risk insurance adding close to $8 a barrel.
Strait of Hormuz Featured Hormuz, Round Two — Oil Reclaims the Century Mark... A ceasefire lull is over: Brent tops $100 for the first time since May as Iran, the US, and now the Houthis, escalate in parallel.
Strait of Hormuz Featured Ceasefire on Hold, Markets on Hope... Markets rally on ceasefire hope — but the Pentagon keeps the strike option warm.
War Featured CEASEFIRE- A Fragile Truce Buys Two Weeks — but the Terms Remain Fiercely Contested Less than two hours before Trump's deadline for Iran to reopen the Strait of Hormuz, the United States and Iran agreed to a two-week ceasefire — announced via a Truth Social post and brokered by Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.
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..."
GCC Featured War Changes Everything The US-Israel strikes on Iran launched on 28th February are the week's defining event. Iran's supreme leader was killed, retaliatory attacks hit GCC ports and airports and the Strait of Hormuz.
Abu Dhabi Featured DIFC Reported almost 40% Surge in New Company Registrations... DIFC reported a nearly 40% surge in new company registrations to 1,525 in 2025, driven by firms including hedge funds, a sign of strong global appetite for the DIFC’s financial ecosystem.
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.
Dubai Business Featured UAE Family Businesses are a Cornerstone of the Economy... Family businesses in the UAE are a cornerstone of the economy, contributing 60% of GDP and employing 80% of the private sector workforce, according to the Ministry of Economy and Tourism.
Dubizzle Featured Dubizzle Postpones IPO Plans… Dubizzle Group Holdings, the leading digital classifieds marketplace in the MENA region, has announced it will postpone IPO plans to assess “optimal timing”. The listing was planned for November 6 on the Dubai Financial Market.
UAE Business Featured Dubai Tops Global FDI Rankings with $11bn Inflows… Dubai has underlined its global leadership in foreign direct investment (FDI), ranking number one worldwide for Greenfield projects for the eighth consecutive reporting period since H2 2021, according to data from the Financial Times Ltd’s FDI Markets database.
UAE Economy Featured Private Capital Boom to Exceed $30tn by 2030 as Dubai Cements Global Wealth Hub Status… DIFC’s new report shows private markets will exceed $30tn by 2030 as global wealth hits $471 trillion, reinforcing Dubai’s rise as a private capital hub.
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.
USA Featured How Trump’s ‘Reciprocal’ Tariffs work and what they mean for Global Trade... Trump argues that decades of “unfair” trade practices have hollowed out America.
entrepreneurs Featured Global Entrepreneurs Bet Big on Dubai… Dubai took the top spot with the startup ecosystem valued at over $23 billion at the end of 2023.
Abu Dhabi Featured OPEC+ Extended the Ongoing Oil Production Cuts into 2026… The current voluntary cuts of 2.2mn bpd will continue till March 2025.
Presidential elections Featured Equity Markets Cheered Trump’s Re-election as President... The S&P500 crossing 6,000 points to a new record.
tax law Featured UAE Introduces New Tax Law… UAE announces eInvoicing to simplify tax procedures for businesses in the country.
Abu Dhabi Featured Gold Prices Surge to All-Time High… Gold prices surging to an all-time high of $2,708 last week, as expectations of further rate cuts by the US Federal Reserve and uncertainties over the impending US election, boosted demand for bullion.
Real Estate Featured Dubai Real Estate: Secondary Market Sales Topped $20.8bn in H1… The Dubai real estate is thriving, with secondary sales of properties reaching AED76.34bn ($20.8bn) in the first half of the year.
US elections Featured US Presidential Election 2024: Markets in Suspense as Latest Odds give Trump a 4% edge over Harris… The US election betting odds posting a significant 4 percent jump in favour of Donald Trump at 51 percent, over 47 percent for Kamala Harris, in the week ended on Monday, September 2, over the previous week.
AML Featured UAE Tightens Anti-Money Laundering Laws… UAE tightens anti-money laundering laws, forms new committees to fight financial crime.