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Uae

All articles tagged with #uae

UAE plans Fujairah oil hub to bypass Strait of Hormuz
middle-east16 hours ago

UAE plans Fujairah oil hub to bypass Strait of Hormuz

The United Arab Emirates aims to build a new port and oil-export hub in Fujairah on the Gulf of Oman, led by DP World, to bypass the Strait of Hormuz and reduce dependence on Dubai’s Jebel Ali. The plan includes upgrading Fujairah and other Gulf of Oman ports (Dibba, Khor Fakkan) and reflects steps to mitigate transit disruption from regional tensions, while tying into broader corridor projects like IMEC and potential redirection routes to the Mediterranean, all within a complex geopolitical environment involving Israel and Saudi Arabia.

Missiles Hit Tankers as Hormuz Crises Escalate Between Iran and US
world19 hours ago

Missiles Hit Tankers as Hormuz Crises Escalate Between Iran and US

Iran and the United States traded renewed strikes as Tehran fired missiles at tankers in the Strait of Hormuz after Trump’s escalation, with Washington reinstating a shipping blockade and proposing a 20% toll to guard the strait; Jordan intercepted missiles from Iranian territory, oil prices rose, and regional responses followed, including Dubai planning a port to bypass Hormuz and the UK staying in diplomatic contact with Washington.

US eases UAE export rules, signaling favorable treatment for MGX amid crypto-backed Binance stake
business4 days ago

US eases UAE export rules, signaling favorable treatment for MGX amid crypto-backed Binance stake

The Commerce Department announced a move to ease export controls on the United Arab Emirates, stating it will favorably review license applications for MGX—the UAE-backed investment firm that used the Trump family–affiliated USD1 stablecoin to fund a $2 billion stake in Binance; the rule also expands license exemptions for UAE AI and computing tech and upgrades the UAE’s status as a Major Defense Partner, drawing criticism from Sen. Elizabeth Warren who warns of national-security risks, while officials say the changes accelerate legitimate trade without removing safeguards.

UAE allegedly pays Iran billions to halt strikes, signaling a Gulf diplomacy pivot
world1 month ago

UAE allegedly pays Iran billions to halt strikes, signaling a Gulf diplomacy pivot

Reuters reports the UAE has paid Iran billions—about $3 billion so far, with figures cited up to $10 billion and potentially $20 billion—in exchange for a halt to attacks, marking a dramatic policy reversal for Abu Dhabi and underscoring deeper economic ties as regional powers seek de-escalation amid ongoing U.S.-Israel strikes on Iran.

UAE denies reports of unlocking Iran's frozen assets
world1 month ago

UAE denies reports of unlocking Iran's frozen assets

The UAE says media claims it will release up to $20 billion in frozen Iranian funds are false, with no funds released or transferred. Reuters had cited unnamed sources about a possible unlock as part of a tactical shift after Iranian attacks, but UAE officials insist the allegations are unfounded, and the origin of any funds remains unclear, highlighting ongoing sanctions enforcement and Dubai's role in Iran-related finance.

Quiet Front: UAE's Hidden Role in Iran Strikes Amid Ceasefire
world1 month ago

Quiet Front: UAE's Hidden Role in Iran Strikes Amid Ceasefire

WSJ reports the UAE continued to carry out strikes on Iran after the April ceasefire, coordinating with the US and Israel to target energy facilities and strategic sites such as Qeshm and Abu Musa islands, Bandar Abbas, the Lavan Island refinery, and the Asaluyeh petrochemical complex, with some attacks in retaliation for Tehran's assaults on Emirati energy infrastructure; the episode highlights Gulf tensions, a rift with Saudi Arabia, and the UAE's broader security-alignment push with Washington and Jerusalem.

UAE leveraged US-Israeli intel to strike Iran, WSJ reports
middle-east1 month ago

UAE leveraged US-Israeli intel to strike Iran, WSJ reports

A Wall Street Journal report says the UAE conducted dozens of airstrikes on Iran during the war, coordinating with the US and Israel and using intelligence from both to hit Iranian energy sites in retaliation for Tehran’s attacks on UAE infrastructure. Iran responded with more than 2,800 missiles and drones. A strike on the Asaluyeh petrochemical complex was carried out with Israel, drawing condemnation and a claim by Netanyahu that Israel acted alone; Trump reportedly pressed Israel to stop targeting energy facilities. The UAE’s closer Israel ties—Iron Dome deployments and high-level visits—reflect broader Gulf realignments and have coincided with tensions with some neighbors and a move toward closer ties with Israel and away from OPEC.

Iran War Splits Gulf Alliances: UAE Draws Closer to Israel, Saudi Seeks Alternatives
middle-east1 month ago

Iran War Splits Gulf Alliances: UAE Draws Closer to Israel, Saudi Seeks Alternatives

The Iran war is reconfiguring Gulf alignments: the UAE is deepening security cooperation with Israel—including intelligence sharing and air-defense coordination, with talk of a joint weapons fund—while Saudi Arabia hedges by pursuing defense ties with Pakistan and Turkey to counter Tehran without empowering Jerusalem, signaling a new regional fault line and a more autonomous UAE in a reshaped Middle East.

Saudi intercepts drones from Iraqi airspace as Gulf tensions re-ignite after Barakah incident
middle-east1 month ago

Saudi intercepts drones from Iraqi airspace as Gulf tensions re-ignite after Barakah incident

Saudi Arabia says it intercepted three drones that crossed into its airspace from Iraqi territory, following a drone attack near the UAE’s Barakah nuclear site. Riyadh warned of action to defend sovereignty, while analysts note possible Iranian-backed proxies testing new drone routes in the Gulf amid a fragile Iran ceasefire.

Netanyahu’s UAE visit exposed to counter Bennett’s Abu Dhabi plans amid GCC diplomacy
politics1 month ago

Netanyahu’s UAE visit exposed to counter Bennett’s Abu Dhabi plans amid GCC diplomacy

Israel’s PMO confirmed Netanyahu’s wartime trip to the UAE to counter the idea that Bennett would also travel to Abu Dhabi, arguing the disclosure was a political calculation to avoid Bennett appearing welcome in the Gulf while Netanyahu’s trip stayed secret. UAE officials denied any undisclosed visits, and the episode unfolds as Bennett reemerges as Netanyahu’s top challenger ahead of elections, highlighting how diplomacy tied to the Abraham Accords intersects with domestic political combat.