Bankers quit jobs for shot at riches in ‘Wall Street of crypto’
In the shadow of Dubai’s sail-shaped Burj Al Arab hotel, cryptocurrency executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers.
In Istanbul and Dubai, Russians pile into property to shelter from sanctions
While Turkey and the UAE have criticized the Russian offensive, Ankara opposes non-U.N. sanctions on Russia and both countries have relatively good ties with Moscow.
Japan presses UAE to pump more oil as Ukraine war spikes prices
The plea by Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officials.
Syria's Bashar Assad visits UAE in first trip to Arab state since war began
The visit drew a sharp rebuke from Washington, with the State Department saying it was "profoundly disappointed and troubled" by what it called an apparent attempt to legitimize Assad.
Japan asked UAE to help stabilize crude oil markets amid Russia turmoil
The UAE is a member of OPEC and a major exporter, along with Saudi Arabia, to resource-scarce Japan.
UAE says OPEC+ should boost oil output, setting up tension in the group
According to a person familiar with the situation, the UAE hadn’t consulted other OPEC+ members before its ambassador to Washington made his statement.
The UAE has been on heightened alert since a Huthi drone and missile attack killed three oil workers in Abu Dhabi in January.
The Emirati Defense Ministry said the missile was intercepted and destroyed, adding that its debris fell on an uninhabited area.
Drones jolt a Persian Gulf focused on Iran’s nuclear ambitions
Such drones make it possible to conduct small, targeted assaults that slip through multibillion-dollar defense systems designed to deter more advanced weapons.
Deadly drone strikes on UAE raise Gulf tensions and roil oil market
One of the biggest attacks to date on UAE soil ignited a fire at Abu Dhabi’s main international airport on Monday and set fuel tanker trucks ablaze in a nearby industrial area.
UAE risks inclusion on global watchlist over dirty money
The Financial Action Task Force is leaning toward adding the UAE to its "gray list,” which would make the country subject to more oversight for shortcomings in combating money laundering.
Dubai can’t shake off the stain of smuggled African gold
The U.N. has found a discrepancy of at least $4 billion between the United Arab Emirates’ declared gold imports from Africa and what African countries say they exported to the UAE.
