UAE News

Global Stocks Fall as Oil Above $100, Yield Surge, and Fed Hike Drive Risk-Off Wave

S&P 500 fell 0.48 percent, Hang Seng dropped 0.98 percent, and DAX declined 0.65 percent

Sep 15, 2026

UAE's XRG Completes Acquisition of Stake in Azerbaijan's Southern Gas Corridor

UAE-based XRG completed its acquisition of an equity stake in Southern Gas Corridor CJSC from Azerbaijan's Ministry of Economy

Sep 15, 2026

U.S. Dollar Climbs to Two-Week High as Oil Surge Drives Treasury Yields and Amplifies Fed Hike Bets

The U.S. dollar strengthened toward a two-week high Tuesday as surging oil prices pushed Treasury yields higher.

Sep 15, 2026

UAE Launches Emergency Bankruptcy Framework to Shield Viable Businesses During Major Crises

UAE's new emergency bankruptcy framework provides temporary protection for businesses facing insolvency during pandemics, wars, or disasters.

Sep 15, 2026

Asian Markets Drop 0.91% as AI Safety Fears and Oil Rally Lift Rate Hike Odds

Asian stock markets fell Monday with the MSCI Asia Pacific Index down 0.91%, led lower by the KOSPI.

Sep 14, 2026

Brent Crude Surges to $107.8 on Hormuz Strikes and Saudi Pipeline Closure

Brent crude surged 3.10% to $107.8 per barrel as Hormuz strikes and a Saudi pipeline closure compounded supply fears.

Sep 14, 2026

US Treasury Yields Surge to Multi-Year Highs on Oil-Fueled Inflation and Fed Hike Bets

US Treasury yields rose to multi-year highs on September 11 as sharply higher oil prices lifted inflation expectations and increased Fed rate hike probability

Sep 11, 2026

Dubai Hatta Trade Surges 175% to $10.1 Billion as UAE Green Corridor Reshapes Overland Routes

Dubai Hatta trade surged 175% to $10.1 billion in H1 2026 as the UAE Green Corridor overland route gains commercial momentum.

Sep 9, 2026

UBS Revises Forecast to Two Fed Hikes in 2026 After Blowout US Jobs Data

UBS sharply revised its US rate outlook, now forecasting two Federal Reserve rate hikes before end of 2026

Sep 8, 2026

Yen Surges to Seven-Month High at 152.89 as BOJ Rate Bets Build Ahead of US CPI

The Japanese yen extended its rally to a seven-month high of 152.89 per US dollar on September 8, driven by accelerating BOJ rate-hike expectations

Sep 8, 2026

Egypt's Foreign Reserves Hit Record $57.2bn in August as Gold Holdings Surge

Egypt's net international reserves reached an all-time high of $57.2145 billion at end-August 2026, up from $56.2939 billion in July

Sep 8, 2026

Oman's Trade Surplus Surges 51% to $12.23 Billion in H1 2026, Bolstering GCC Fiscal Outlook

Oman's trade surplus surged 51% year-on-year to $12.23 billion (OMR 4.7 billion) by end of June 2026

Sep 7, 2026

GCC Companies Post Record $74.8B Net Profit in Q2 2026 as Oil Surge Lifts All Sectors

GCC-listed companies delivered record aggregate net profits of $74.8 billion in Q2 2026, up 31.3% year-on-year and extending growth for a second consecutive quarter

Sep 7, 2026

Oil Surges 1.1% to $97.35 as US-Iran Attacks on Strait of Hormuz Vessels Escalate

Oil extended gains to $97.35/barrel as US-Iran confrontations involving Strait of Hormuz vessels intensified.

Sep 7, 2026

UAE-Syria Non-Oil Trade Surges 132.4% to $1.4 Billion as Dubai Extends Governance Model

UAE non-oil trade with Syria surged 132.4% to $1.4 billion, reflecting economic normalization between the two countries after Syria's post-conflict political transition.

Sep 4, 2026

Japan's Nikkei and South Korea's KOSPI Rise as Tech Shares Lead Asia Higher

Sep 4, 2026

Standard Chartered Launches Institutional Bitcoin and Ether Spot Trading in UAE via DIFC

Standard Chartered launches institutional Bitcoin and Ether spot trading in UAE through its DFSA-regulated DIFC branch

Sep 4, 2026

Saudi Arabia PMI Surges to 53.8 Six-Month High as Non-Oil Private Sector Accelerates in August

Saudi Arabia August PMI reached 53.8 — a six-month high — as non-oil private sector output accelerated and business optimism improved heading into Q4.

Sep 4, 2026

Turkish Inflation Edges Down to 31.5% for Third Month Running but Remains Too Hot for Rate Cut

Turkey's annual CPI fell to 31.51% in August — third consecutive monthly decline — but persistent inflation above January levels limits rate cut prospects at next week's central bank meeting.

Sep 3, 2026

Kuwait Non-Oil PMI Surges to 53.6 as Output and Orders Hit 7-Month High

Kuwait PMI surges to 53.6 in August, with output and orders growing at fastest rate since February

Sep 3, 2026

UAE Energy Transition Targets Security and Growth as Renewable Capacity Surges 63-Fold

UAE renewable energy capacity has surged 63-fold as the country balances clean power with energy security

Sep 3, 2026

Saudi Construction Contracts Surge as Private Sector Steps In While PIF Scales Back Activity

Saudi Arabia has seen a surge in construction contract awards despite the Public Investment Fund taking a less active role, as private sector activity fills the gap.

Sep 2, 2026

Abu Dhabi Luxury Property Surges as Sovereign Demand Defies Middle East Conflict

Abu Dhabi luxury villas and townhouses are surging in price despite regional Middle East conflict

Sep 2, 2026

Gold Hits 3-Week Low at $4,308 as Mideast Oil Surge Fuels Rate Hike Bets

Gold fell to $4,308 — a 3-week low — as Mideast conflict ironically drives oil-fueled rate hike bets

Sep 2, 2026

UAE's Edge Group Targets European Defence Spending Surge with Counter-Drone Technology

Abu Dhabi defence company Edge is expanding into Europe as governments embark on their largest military spending increase in decades

Sep 1, 2026

Dubai Air Cargo Transactions Jump 53% to 18.2 Million in H1 2026 on E-Commerce Surge

Dubai Customs air cargo transactions surged 53% to 18.2 million transactions in H1 2026

Aug 31, 2026

DP World Jeddah Sets 221,200 TEU Monthly Record as Red Sea Recovery Lifts H1 Volumes 79%

DP World's Jeddah terminal set a monthly throughput record of 221,200 TEUs, surpassing pre-Red Sea disruption levels

Aug 26, 2026

Saudi Arabia's Industrial Base Hits 13,600 Factories as Vision 2030 Manufacturing Drive Delivers

Saudi Arabia's factory count expanded to 13,600 as strong investor confidence and Vision 2030 industrial diversification momentum accelerated manufacturing growth

Aug 26, 2026

LEAP 2026: Saudi Arabia Bets Big on AI as Global Tech Leaders Gather in Riyadh

Saudi Arabia designated 2026 as the Year of Artificial Intelligence, with LEAP 2026 conference assembling global AI companies, investors, and innovators in Riyadh

Aug 26, 2026

Tech Sector Drives Qatar Financial Centre Registration Growth as Gulf Hub Competition Intensifies

Qatar Financial Centre registrations are rising, with the technology sector emerging as the primary driver of new company formations.

Aug 25, 2026