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Month: May 2026

Posted on 01/05/2026

Etihad layoffs, $3.45 billion shock demand and more: Why UAE is tightening screws on Pakistan while embracing India

A string of moves, from Etihad layoffs to a $3.45 billion repayment demand and potential business exits, shows the UAE is taking a tougher, more transactional stance toward Pakistan.

Posted on 01/05/2026

UAE Warns Iran Cannot Be Trusted Over Strait Of Hormuz As Blockade Persists

UAE warns Iran cannot be trusted over Strait of Hormuz as blockade persists, oil prices surge and tensions stall negotiations …

Posted on 01/05/2026

Dubai restaurants cut menus as Strait closure drives costs up

Dubai’s $9.5 billion restaurant sector is under strain as the Iran conflict keeps the Strait of Hormuz closed, driving up freight costs and causing ingredient shortages. Chefs are cutting menus, …

Posted on 01/05/2026

Dubai’s new property rules to attract overseas buyers

Dubai is poised to see a significant uptick in foreign investment and first-time homebuyers following updates to its property visa requirements. Although a formal announcement from the Dubai Land …

Posted on 01/05/2026

VaultsPay and Mastercard announce strategic collaboration to expand digital payments in the UAE

The two organizations formalized their agreement marking a milestone intended to enhance digital payment capabilities and support financial inclusion across the UAE …

Posted on 01/05/2026

UAE strikes back at Turkey in fight to become global investor haven

By bnm Gulf bureau The United Arab Emirates is hitting back at emerging competitors, such as Turkey, in the fight to become the prime destination for offshore international investors. The …

Posted on 01/05/2026

UAE walks out of OPEC; report signals looser supply discipline, softer long-term prices

UAE’s exit from OPEC may reshape oil supply and prices globally. ICICI sees near-term price strength and long-term moderation.

Posted on 01/05/2026

Modon Announces the Sell-Out of Tara Park on Reem Island, Abu Dhabi, Generating Nearing AED 2 Billion in Sales

Modon announces the sell-out of Tara Park on Reem Island, Abu Dhabi, generating nearing AED 2 billion in sales …

Posted on 01/05/2026

UAE says Iran cannot be trusted over Hormuz, peace efforts at an impasse

By Humeyra Pamuk, Ahmed Elimam and Ahmed Tolba WASHINGTON/DUBAI, May 1 (Reuters) – A senior United Arab Emirates official said on Friday Tehran could not be trusted over any unilateral arrangements it …

Posted on 01/05/2026

Israel sent laser system to UAE to help intercept Iranian missiles and drones — report

Sources say Jerusalem also sent a surveillance system and other weapons to the Gulf state, marking a major development in security cooperation with the Abraham Accords ally …

Posted on 01/05/2026

The UAE’s exit from Opec could bring ‘even bigger trouble’: Chinese expert

While the UAE’s departure from oil cartel is disruptive, it could also further drive apart Gulf Cooperation Council members, observer says …

Posted on 01/05/2026

UAE President, New Zealand PM discuss regional tensions and maritime security

UAE President Sheikh Mohammed bin Zayed Al Nahyan discussed, in a phone call with New Zealand Prime Minister Christopher Luxon, the …

Posted on 01/05/2026

Dubai’s Meraas awards $653m contracts for 557 villas in Dubailand

The contracts cover 371 three to five-bedroom villas in The Acres and 186 five to seven-bedroom homes in The Acres Estates.

Posted on 01/05/2026

Dubai speeds up Palm Jebel Ali construction and offers AED3.5bn villas with future Gold Line metro access

Dubai is accelerating construction at Palm Jebel Ali as Nakheel pushes villa delivery and transport authorities expand rail capacity across the emirate. Nakheel awarded contracts worth more than Dh3.5 …

Posted on 01/05/2026

Dubai’s New Propoerty Rules to Attract Overseas Buyers

Dubai is poised to see a significant uptick in foreign investment and first-time homebuyers following updates to its property visa requirements. Although a formal announcement from the Dubai Land …

Posted on 01/05/2026

Dubai is getting a nine-day tuna festival (and yes, it’s as extra as it sounds)

From live tuna cutting to luxury island staycations, Tunaria Festival arrives in Dubai this May. Dubai is getting a nine-day tuna festival (and yes, it’s as extra as it sounds). Partner Content.

Posted on 01/05/2026

No minimum investment for Dubai property visa; cost, how to apply

If you are the sole owner of a property in Dubai, you can apply for the 2-year residence visa with no minimum property value requirement. If the property is jointly owned, each owner must hold a …

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