But experts warn investors must be in it for the long haul to reap the benefits …
UAE air defence systems engaging with missiles and drone attacks from Iran
The UAE ‘s air defence systems are currently dealing with missile and drone attacks originating from Iran, the Ministry of Defence said on Friday May8, 2026. Th …
U.S. sinks 7 small Iranian boats as Iran launches attacks on UAE and ships in Strait of Hormuz
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats “that attempted to interfere” with Project Freedom.
Global asset managers flock to Abu Dhabi despite Iran war risk
A number of global investment firms, including a trillion-dollar asset manager, have chosen to set up in Abu Dhabi Global Market (ADGM) despite the ongoing Iran war, based on a long-term strategy …
How Everyday Investors Built a $1B Platform in the UAE
Mark Chahwan, Jad Sayegh, and Nadine Mezher started Sarwa in 2017, at a time when retail investing in the MENA region was still considered rare. Traditional …
Dubai real estate: BlackBrick agent closes $27m in luxury villa sales in 90 days
BlackBrick Property says one agent closed more than AED100m ($27.2m) in Dubai villa sales across Al Barari and Jumeirah Golf Estates in 90 days …
War in the Middle East: Satellite imagery reveal scale of damage to US bases in Gulf
A new investigation by the The Washington Post verified satellite imagery published by Iranian state-affiliated media, showing damage to at least 228 structures or pieces of equipment at US military …
Korean ship damaged by fire in Strait of Hormuz arrives at Dubai port
A Korean vessel recently damaged by fire in the Strait of Hormuz arrived at a Dubai port on Friday to undergo an investigation, shipping industry sources said. The HMM Namu, a Panama-flagged cargo …
Dubai property market records $10.2bn in April as off-plan demand surges
Dubai residential real estate recorded AED37.38bn ($10.2bn) in April 2026 sales, with off-plan properties accounting for more than 76 per cent of activity …
EDGE, Orbitworks localise satellite integration capabilities through UAE Space Agency’s Sirb Programme
ABU DHABI, 7th May, 2026 (WAM) — – EDGE’s space-focused entity, FADA, has finalised a contract with Orbitworks, an Abu Dhabi-based satellite integrator, to support assembly, integration, and testing …
Ministry of Industry & Advanced Technology, Sinaha Technology sign MoU to accelerate Industry 4.0 adoption
ABU DHABI, 7th May, 2026 (WAM) — The Ministry of Industry and Advanced Technology (MoIAT) on Wednesday signed a Memorandum of Understanding (MoU) with Abu Dhabi-based Sinaha Technology to accelerate …
Abu Dhabi Airports welcomes first direct cargo link to northern Thailand with K-Mile Air as freighter network hits 36 destinations
ABU DHABI, 7th May, 2026 (WAM) — Abu Dhabi Airports has welcomed Thailand-based all-cargo carrier K-Mile Air to Zayed International Airport (AUH) following the commencement of freighter operations …
Crypto News: Pepeto Presale Stages Update While Markets Ask if the XRP Price Prediction Can Reach $100
Can the XRP price prediction reach $100 after the CLARITY Act passes? | XRP at $1.42 needs 70x to reach $100, and Standard Chartered cut its target to $2.80 while the CLARITY Act vote before May 21 …
BNY eyes institutional Bitcoin, Ethereum custody for investors in UAE
BNY is partnering with Abu Dhabi-based Finstreet and ADI Foundation to launch institutional Bitcoin and Ethereum custody for UAE clients.
Dubai Hotel Occupancy Predicted to Plunge to 10%, Moody’s Says
While the conflict has dealt a heavy blow to Gulf states’ crude exports, the toll on its tourism sector has also been severe, said Moody’s Analytics. The sector has served as one of the region’s most …
Dubai launches huge ‘Proud of UAE’ sale with discounts at 500+ brands
The Dubai Festivals and Retail Establishment has announced that a special Proud of UAE campaign will provide discounts and deals from top brands across the city from now until Thursday May 21.
Sharjah announces permanent closure of Kalba Medical Fitness Centre
Sharjah Municipality, on May 7, announced that a medical fitness centre was closing permanently. The authority also informed residents of an alternative centre they could head to for their fitness …