United Arab Emirates

HALLIGAN: Trump's tariffs are either madness or genius – it could go either way

Liam Halligan in London April 4, 2025

Donald Trump has referred to tariffs as “the most beautiful word in the dictionary”. And now the US President has unleashed the most aggressive surge in American trade protectionism in almost a century.

BMI: New US tariffs set to reshape economic landscape across Middle East

bne IntelliNews April 4, 2025

The recently announced US tariffs threaten to redefine economic trajectories across the Middle East and North Africa region, with varying impacts likely across oil exporters and importers.

US sets six conditions for Iran talks in Trump letter to Supreme Leader

bnm Tehran bureau March 21, 2025

A figure close to the UAE government has published the alleged contents of Trump's letter to Iran's Supreme Leader citing informed sources.

Arab League and UN condemns brutal Israeli airstrikes on Gaza

bna Cairo bureau March 18, 2025

The Arab League's Ahmed Aboul Gheit has hit out at Israeli strikes on Gaza on March 18 in a sign of collapsing relations between the two sides.

Red Sea tensions escalate as US and Houthis launch attacks

Editorial March 18, 2025

The US and Yemen’s Houthi rebels have launched fresh attacks amid growing concerns over the safety of Red Sea shipping routes.

Telegram CEO Durov returns to Dubai amid French investigation

bnm Gulf bureau March 17, 2025

Telegram founder has left France and returned to his adopted home of the United Arab Emirates after several months detention in the country.

Emirates NBD intermediates 26 eurobond sales by Turkish issuers in 2024

Akin Nazli in Belgrade February 27, 2025

Turkey's eurobond sellers last year raised $33bn from 46 papers, setting an annual record, while redeeming $16bn on 19 papers.

Brazil hosts first BRICS Sherpas meeting with expanded membership

bnl Sao Paulo bureau February 27, 2025

Brasilia hosted the first BRICS Sherpas meeting under the Brazilian Presidency on February 24-25, bringing together representatives from all 11 member countries at the Itamaraty Palace.

Latin America faces growth hit as trade tensions escalate, warns Moody's

bne intellinews February 20, 2025

Trade conflicts and new tariffs could reduce Latin American economic growth by 0.3 percentage points in 2025 and 0.4 percentage points in 2026, with recovery delayed until 2028, Moody's Analytics warned in a recent report.

Zelenskiy freezes US minerals deal, reaches out to Arab nations

Ben Aris in Berlin February 19, 2025

Ukrainian President Volodymyr Zelenskiy has frozen a proposed concession to mine Ukraine’s considerable mineral resources after the US side offered little in return and is travelling in the Middle East to look for new partners.

Masdar, TotalEnergies sign deal to expand clean energy access in Africa and Asia

bne IntelliNews February 18, 2025

Masdar and TotalEnergies to collaborate to provide reliable, sustainable electricity to communities in Africa and explore new clean energy opportunities in Southeast Asia.

Brazil to host expanded BRICS summit in July amid US dollar tensions

bne IntelliNews February 17, 2025

Brazil will host leaders from the BRICS nations and their new members in Rio de Janeiro on July 6-7, as the burgeoning bloc faces growing pressure from the US over plans to reduce dollar dependence in trade.

Brazil drops BRICS currency plan in favour of local payment push

bne intellinews February 14, 2025

Brazil will not pursue a common BRICS currency during its presidency of the bloc this year, focusing instead on facilitating trade in local currencies despite warnings from US President Donald Trump about challenging dollar dominance.

Lebanon's financial crisis drives citizens toward cryptocurrency

Josiane Hajj Moussa for bnm Beirut bureau February 7, 2025

Lebanon's crumbling pound and bank failures push worried citizens to embrace Bitcoin as a safe haven.

Hungarian government abandons €12bn 'Mini Dubai' project amid public outcry

bne IntelliNews February 7, 2025

The government has acknowledged Budapest's pre-emption rights for a 100-hectare brownfield area in the capital, effectively terminating a gigantic €12bn project promised by UAE-based Eagle Hills to build a new city district.

Iran eyes role as a digital hub in Persian Gulf region

bnm Tehran bureau February 3, 2025

Iran is aiming to carve out a role as a key data transit corridor linking Asia, Europe, and the Persian Gulf

Arab countries reject Trump's proposal to relocate Palestinians from Gaza to Egypt and Jordan

bnm Cairo bureau February 3, 2025

Arab foreign ministers on February 3 unanimously rejected US President Donald Trump's proposal to relocate Palestinians from Gaza to Egypt and Jordan.

Russia to unveil new Kalashnikov in Abu Dhabi

bnm Gulf bureau January 31, 2025

NEW: Russian arms maker Kalashnikov set to showcase RPL-7 machine gun at next month's Abu Dhabi defence expo

Hungary to enhance cooperation with UAE in defence and advanced technologies

bne IntelliNews January 30, 2025

Hungary and the United Arab Emirates have affirmed their commitment to expanding cooperation in several areas "based on mutual respect".

Hungarian PM arrives in UAE amid controversy surrounding flagship real estate development project

bne IntelliNews January 29, 2025

Prime Minister Viktor Orban is on a two-day official visit to the United Arab Emirates, where he will hold talks with UAE President and Abu Dhabi ruler Sheikh Mohammed bin Zayed Al Nahyan, as well as leaders of Emirati companies.

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