United Arab Emirates

Kuwait and Bahrain reported incoming missile threats following U.S. airstrikes on Iran. Both countries engaged air defenses, but no damage reports were released. Previous Iranian attacks on these nations have occurred due to ongoing tensions from an interim U.S.-Iran deal.

Kuwait and Bahrain reported incoming missile threats following U.S. airstrikes on Iran, with both countries' air defenses engaged. No confirmed damage was reported, and the incidents are linked to prior Iranian attacks under the interim U.S.-Iran deal.

Bahrain activated its missile alert siren following U.S. strikes on Iran. The event was reported by the Associated Press from Dubai, United Arab Emirates.

Saudi Arabia is blocking payments to UAE accounts, with transfers to Dubai businesses and individuals being returned or delayed, signaling economic tension.

Bitcoin Suisse has obtained a Financial Services Permission from Abu Dhabi Global Market's FSRA, enabling its subsidiary BTCS ME to offer regulated digital asset services in the UAE. The Swiss firm, which safeguards $3.7 billion in crypto assets, aims to expand its institutional-grade custody, trading, and risk management services to the region as part of its global growth strategy.

The Iran-US MoU aims to ease sanctions and establish a $300bn reconstruction fund, potentially reshaping Gulf economic relations. Gulf states like Qatar and Saudi Arabia express interest in investment opportunities, but security risks from Iranian missile attacks and cautious investor sentiment may slow progress.

Beijing hosted a movie screening of the film 'Dear You' for 150 foreign diplomats and their families from 74 embassies to help them 'better understand China'. The film, organized by the Chinese foreign ministry, was shot in the Teochew dialect of the Chaoshan region in Guangdong province and has sparked debate about propaganda in Southeast Asia.

Iranian state television reported an attack on a liquified natural gas tanker in the Strait of Hormuz off Oman after it ignored warnings, according to an Associated Press (AP) report from Dubai, United Arab Emirates.

The British military reported that a tanker was set ablaze after being struck by a projectile in the Strait of Hormuz off the coast of Oman. The incident was reported by the Associated Press from Dubai, United Arab Emirates.

Oil prices fell slightly after Opec+ agreed to increase output targets by 188,000 barrels per day from August, while exports from Gulf producers via the Strait of Hormuz are recovering. The decision comes as Gulf members revive supplies halted during the US-Israeli-Iran conflict, though output remains below pre-war levels.

Iran began a funeral procession in Tehran for Supreme Leader Ayatollah Ali Khamenei, whose flag-draped coffin and those of family members killed in an airstrike will be transported to Mehrabad International Airport before burial in Mashhad. The U.S. is negotiating with Iran to reopen the Strait of Hormuz, address nuclear programs, and end the war, but talks are paused until after the burial.

OPEC+ agreed to increase crude production amid a US-Iran ceasefire, aiming to address falling oil prices and a potential market glut. The United Arab Emirates, which recently exited OPEC+, is also expected to boost output. The war has spurred retail trading in oil derivatives, with the world’s largest derivatives exchange now offering 24/7 contracts for 10-barrel trades.

Ga-Hyun Chung's Sinokor Group leases supertankers for the UAE's Abu Dhabi National Oil Co. to conduct covert 'dark' oil shipments through the Strait of Hormuz, enabling increased crude exports amid the Iran war. The UAE's strategy involved ships traveling without transponders and offloading cargo outside the strait, with Sinokor controlling nearly half of Emirati crude shipments by June.

OPEC+ approved an August oil output increase as Hormuz exports recover, with core members raising quotas by nearly 800,000 bpd since April despite earlier disruptions from the US-Israeli war on Iran. The UAE has left OPEC+, and Iraq is pushing for higher quotas.

US Vice-President J.D. Vance noted that the Emiratis and Iranians are engaging in unprecedented conversations, with the latter adopting a different approach in negotiations. He expressed cautious optimism about the evolving dialogue between Washington, Gulf allies, and Iran.

OPEC+ has agreed in principle to increase oil production by 188,000 barrels per day. The United Arab Emirates will exit OPEC and its wider alliance, impacting the group and Saudi Arabia amid global oil supply disruptions linked to the Iran war.

Novo Nordisk is launching its new weight loss pill in the United Arab Emirates as part of a global rollout. The company aims to regain market position against rival Eli Lilly in the weight loss drug sector.

The UAE-backed Rapid Support Forces (RSF) are besieging Sudan's el-Obeid, conducting drone strikes on civilian infrastructure like gas stations and electricity facilities, causing casualties and displacement. The UN Human Rights Council is addressing the crisis as the RSF, supported by the UAE, intensifies attacks, while the Sudanese Armed Forces (SAF) defends the city with checkpoints and trenches.

DR Congo plans to launch its first stock exchange, listing securities in both the local currency and US dollars to attract investment in its mineral resources. The country, the world’s largest cobalt producer, aims to leverage its $24 trillion in mining sector value through partnerships with the US and UAE.

Cathay Pacific Airways will resume Middle East passenger flights in September, six months after suspending services due to the war. The airline will start with freighter flights to Riyadh, Saudi Arabia, from August 1, followed by daily passenger flights to Dubai and four-times-weekly services to Riyadh from September 1.

Iran’s joint military command warned oil tankers to use approved routes in the Strait of Hormuz or face a forceful response, escalating tensions in the region. The warning follows a U.S. military statement supporting free flow of commerce through the strait and comes amid ongoing negotiations to end the Iran war.

Iran’s joint military command has issued a directive requiring all oil tankers to use its designated routes in the Strait of Hormuz, warning of a forceful response for non-compliance. The statement was reported by the Associated Press from Dubai, United Arab Emirates.

President Donald Trump's financial disclosure report revealed he earned over $1.2 billion last year primarily from crypto holdings, including $500 million from World Liberty Financial and $600 million from CIC Digital LLC. Additional income came from real estate, foreign property deals, lawsuits against media companies, and branded merchandise like watches. A UAE government-linked company invested $500 million in World Liberty Financial, and a Chinese billionaire spent $275 million on Trump's crypto ventures.

President Trump's crypto businesses generated $1.2 billion in revenue last year, with World Liberty Financial earning over $500 million and CIC Digital LLC over $600 million, though their tokens and coins later declined in value. His property ventures, including international hotels and Mar-a-Lago, also saw significant revenue growth.

President Donald Trump earned nearly $1.2 billion from crypto businesses in the past year, including over $500 million from World Liberty Financial and $600 million from CIC Digital LLC, alongside millions from Trump-branded merchandise. His international property deals, such as those in the UAE, Saudi Arabia, and Romania, generated significant revenue, while Mar-a-Lago saw a 50% revenue increase.

Kuwaiti telecom Zain Group plans to invest $1.5 billion over the next decade to upgrade Syria's mobile network, acquiring a 75% stake in the existing MTN network. The Syrian government will retain a 25% stake, and the deal is part of increasing Gulf investments in Syria's reconstruction, with Emirati, Qatari, and Saudi firms also involved in various sectors.

Iran state television reported a ship ran aground in the Strait of Hormuz after not following Tehran's approved route. The incident was reported by the Associated Press from Dubai, United Arab Emirates.

President Donald Trump earned approximately $1.2 billion from crypto businesses last year, primarily through World Liberty Financial and CIC Digital LLC, as disclosed in a federal filing. These ventures surpassed his property portfolio's revenue, with additional income from Trump-branded products and international real estate deals.

India's arms sector is pursuing potential sales of BrahMos missiles and Akashteer air-defence systems to the UAE, aiming to establish a foothold in a competitive security market. Analysts view this as a significant step toward India becoming a major arms exporter, though no deal has been finalized.

The UAE's first passenger train, departing from Fujairah, brought enthusiastic travelers to Abu Dhabi, where they enjoyed the sunrise and new amenities during their desert journey.

The U.S.-Israeli conflict with Iran has caused a strategic setback for the United States, raising questions about the effectiveness of U.S. military basing in the Gulf and regional security arrangements. The growing rift between Saudi Arabia and the UAE complicates efforts to establish a new security order less dependent on U.S. presence.

The UAE and Khalifa Haftar's Libyan Arab Armed Forces (LAAF) are accused of continuing support for Sudan's Rapid Support Forces (RSF) through training camps and logistical aid in Libya, despite denials from both parties. An investigation revealed RSF fighters trained in Libya using UAE-supplied weapons, with defectors confirming Emirati involvement in supply chains.

Greece has deepened strategic and defense ties with Gulf states like the UAE and Saudi Arabia since 2016, aligning with Israel against Turkey. These partnerships, including joint military exercises and sovereignty agreements, aim to extend Greece's regional influence amid shifting Gulf-Turkey relations.

A covert network in eastern Libya is sustaining the Rapid Support Forces (RSF) and the ongoing war in Sudan, with the United Arab Emirates (UAE) playing a central role in fueling the RSF through Libya.

The UAE has lifted a war-related travel ban to Lebanon, effective June 29, 2026, citing the Middle East war and Iran's influence as reasons for the previous restriction. UAE nationals are required to register with the foreign ministry's consular services before traveling.

The United Arab Emirates will allow its nationals to travel to Lebanon starting on Monday, requiring registration through an official service by the Ministry of Foreign Affairs before departure. This follows a previous ban on travel to Lebanon, Iran, and Iraq imposed on 30 April due to regional developments.

A coalition of NGOs has requested the ICC investigate senior UAE and regional officials for allegedly aiding atrocities in Sudan's Darfur region. The submission accuses foreign actors of supplying arms, mercenaries, and logistical support to conflict parties, including the Rapid Support Forces and Sudanese Armed Forces.

Energy shipments through the Strait of Hormuz continue despite recent tanker attacks, with Middle East producers loading oil and liquefied natural gas. Washington and Iran agreed to halt hostilities and renew talks, while shipping data showed multiple VLCCs and LNG tankers moving in and out of the region, including a fourth VLCC loading at Saudi Arabia's Ras Tanura terminal despite a fatal helicopter crash.

Dubai stocks are expected to record their best quarter in a year as the war premium declines. The Dubai Financial Market (DFM) is highlighted in the context of this potential market performance.

The United Arab Emirates condemned Iranian strikes on Bahrain and Kuwait, which were retaliation for US attacks on Iranian targets. The UAE's foreign affairs ministry described the attacks as a violation of Gulf states' sovereignty and a threat to regional security and stability.