Tag: United Arab Emirates
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UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports
World Liberty’s proposed trust bank has preliminary federal approval as the Trump-backed crypto venture deepens its ties to a senior UAE official.
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Iran reportedly weighs attacks on U.S. targets in Europe as UAE severs trade with Tehran
Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran.
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UAE says one of its ships was targeted by missile as U.S.-Iran tensions over Strait of Hormuz remain high
Iran’s military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran’s conditions.
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UN experts urge UAE to free British businessman
Ryan Cornelius, 72, was jailed in 2008 over a financing dispute and completed his 10-year sentence in 2018, but remains in prison after his term was extended by 20 years over an alleged unpaid debt.
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Abu Dhabi approves $6.2 billion gas project to boost UAE supply
Abu Dhabi’s National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.
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Oil pipelines around the Strait of Hormuz won’t end the threat Iran poses to Middle East crude exports
Oil producers are building or contemplating new pipeline projects to bypass the Strait of Hormuz, but this infrastructure is still vulnerable, analysts said.
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Private chef salaries reach $300,000 as the rich seek their own Michelin stars
Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records, according to Morgan & Mallet.
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Stock market gains minted nearly 1 million new millionaires in 2025, new UBS report says
Global personal wealth surged by 10.8% in 2025, the biggest jump since 2017, per UBS.
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UAE apologises for ‘incorrect’ missile alerts
Authorities said the warnings were a mistake and have been fixed after a technical error sent false missile attack alerts to residents’ phones.
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