By Tala Ramadan DUBAI, May 17 (Reuters) – A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials there said on Sunday, while Saudi Arabia reported intercepting …
Dubai Customs Green Corridor cargo value jumps to $2.2bn
Dubai Customs says Green Corridor declarations rose from 12,000 to nearly 100,000 as cargo value exceeded $2.2bn …
Sharjah pushes ahead with Dhs12 million water network project in Al Suhnoof
Sharjah Electricity, Water and Gas Authority (SEWA) is intensifying its efforts to complete the water pipeline extension project in Al Suhnoof 2 and 3 …
Sharjah plans stricter controls on drone operations under new law
Sharjah Consultative Council (SCC) approved a draft law for 2026 with respect to regulating the use of drones after introducing a number of amendments.
Dubai’s ‘Green Corridor’ boosts trade, speeds cargo movement amid regional war
Customs declarations surge from 12,000 in March to nearly 100,000 in April, with the value of transported goods rising from Dh1 billion to over Dh8 billion …
How software development services in UAE are powering cross-border fintech and digital currency initiatives
The recent historic treaty between the UAE and the Philippines to develop interlinked central bank digital currencies (C …
UAE reports strike near Abu Dhabi nuclear power plant
Officials have not said from where the drone was launched. The UAE has previously accused Iran of being behind attacks on its energy and economic infrastructure since war broke ou …
Drone strike sparks fire at UAE nuclear power plant as Iran war ceasefire teeters
A drone strike has targeted the United Arab Emirates’ sole nuclear power plant, sparking a fire on its perimeter. Meanwhile, Trump has said hostilities could resume and he planned to talk to Netanyahu …
Dubai Customs’ Green Corridor secures trade flows amid sea lane disruptions
DUBAI, 17th May, 2026 (WAM) — Exemplifying Dubai’s remarkable readiness and agility in responding to developments impacting regional and global trade flows, Dubai Customs announced exceptional …
Tracing war impact on India trade: Singapore overtakes UAE as No. 2 export destination in April amid Hormuz crisis
Singapore overtook the UAE as India’s second-largest export destination in April 2026 as traders rerouted shipments amid disruptions in the Strait of Hormuz and broader West Asia shipping instability.
Dubai Property Prices Under Stress Test in Q2, 2026
Dubai property prices entered a stress test on March 1, 2026, as regional geopolitical tensions disrupted buyer behaviour across the city. From that date through mid-May, Sterling Capital tracked …
Gold imports from Dubai may increase after import duty hike: GTRI
India had allowed imports of gold from Dubai at tariffs one percentage point below the normal Most-Favoured-Nation (MFN) rate through a Tariff Rate Quota (TRQ) system …
ApexQuant Announces Launch of Trading Technology Company Focused on Institutional-Style Trading Software for Private Market Participants
ApexQuant today announced the launch of its trading technology company, introducing a new financial technology initiative centered on trading software infrastructure designed for private traders and …
UAE asserts OPEC exit was sovereign strategic decision, not political move
The UAE is leaving OPEC and OPEC+ effective May 1, calling it a sovereign strategic decision. The exit removes OPEC’s third-largest producer and about 15% of its capacity.
UAE reports drone strike near Abu Dhabi nuclear power plant
The country is investigating the source of the strike, which it says came from its western border.
Drone causes fire at UAE’s Barakah nuclear plant following failed interception, Abu Dhabi implies
No injuries were reported, radiological safety levels were unaffected, and the Federal Authority for Nuclear Regulation confirmed the plant’s essential systems are operating normally.
Nuclear power plant set on fire in drone attack—UAE
A drone strike sparked a fire at UAE nuclear plant as fears grow over Iran tensions and risks to Gulf infrastructure.