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Posted on 06/05/2026

The desperate reason that Iran keeps attacking the UAE’s oil facilities

The United Arab Emirates has come under Iranian fire again as missiles and drones were detected over the sky on Tuesday morning, the country’s ministry of defense said.

Posted on 06/05/2026

Sudan accuses Ethiopia and UAE of orchestrating drone attacks on airport

Sudan’s foreign minister says Ethiopia and UAE has chosen the “wrong path” and would regret it.

Posted on 06/05/2026

UAE signs $285m Fujairah desalination plant to boost water security

EtihadWE signs $284.7m deal for Fujairah I desalination plant with 60 MIGD capacity to strengthen UAE water security …

Posted on 06/05/2026

Sharjah attracts $956m industrial investment as exports reach 120 countries

The Sharjah industrial sector continues to expand at pace, with total investment surpassing AED3.51bn ($956m) across 99 projects over the past five years, highlighting the emirate’s growing appeal as …

Posted on 06/05/2026

Iran hits UAE with drones and missile attacks as Trump tries to reopen Strait of Hormuz

The United Arab Emirates has come under Iranian fire again as missiles and drones were detected over the sky on Tuesday morning, the country’s ministry of defense said.

Posted on 06/05/2026

U.S. says the Iran ceasefire holds despite attacks in Strait of Hormuz and against UAE

So far, only two merchant ships are known to have passed a new U.S.-guarded route through the Strait of Hormuz.

Posted on 06/05/2026

UAE air defences engage missiles, drones; Tehran denies attacking UAE

The United Arab Emirates’ defence ministry ​said on Tuesday that its air defences ‌were dealing with missile and drone attacks from Iran, although Iran’s joint military command said its armed forces …

Posted on 06/05/2026

UAE announces $4.9bn industrial funding push to scale manufacturing and supply chains

UAE secures $4.9bn in industrial financing via MoIAT deals with Mashreq, DIB and EDB to boost manufacturing, tech adoption and growth …

Posted on 06/05/2026

Dubai off-plan office sales hit record $817m in April as 2026 totals surge past full-year 2025

Dubai off-plan office sales hit $816.8m in April, a record high, as 2026 totals reach $2.56bn, already surpassing full-year 2025 levels …

Posted on 06/05/2026

Sharjah Chamber deal targets SME growth and investment in priority sectors

Sharjah Chamber signs MoU with Emirates Growth Fund to boost SME financing, support startups and drive UAE economic diversification …

Posted on 06/05/2026

Parkin expands beyond Dubai with Sharjah deal for 9,900 parking spaces at Aljada

Dubai’s Parkin expands to Sharjah with Arada deal covering 9,900 spaces at Aljada, targeting up to $13.6m in revenue …

Posted on 06/05/2026

US tries to force open the Strait of Hormuz as the UAE comes under attack in a test of Iran truce

The United States on Monday kicked off an effort to “guide” stranded ships from the Iran-gripped Strait of Hormuz, as it tries to counter …

Posted on 06/05/2026

FSA moves to accelerate Islamic finance sector growth in DIFC

DUBAI, 5th May, 2026 (WAM) — The Dubai Financial Services Authority (DFSA), the independent regulator of financial services within Dubai International Financial Centre (DIFC), has launched a public …

Posted on 06/05/2026

Ethereum holders are back in profit as ETH price chart targets $3K

Ether’s (ETH) surge to $2,390 on Monday pushed its value above its realized price, implying that the average holder of ETH is now back in profit. But is this enough for the ETH bulls to reach $3,000?

Posted on 06/05/2026

Fintech Momentum Tested as Repay Faces New Market Reality

Repay faces shifting sentiment amid fintech sector challenges, earnings signals, and governance concerns shaping its near-term trajectory.

Posted on 06/05/2026

Ethereum’s Price Spike Sparks Institutional Frenzy

Last week, the atmosphere at cryptocurrency trading desks had a peculiar dual quality that was equal parts déjà vu and adrenaline. Following Iran’s reopening …

Posted on 06/05/2026

Coinbase to cut 14% of workforce as AI reshapes operations

Coinbase will cut 700 jobs, about 14% of its workforce, to reduce costs amid crypto market volatility and reshape operations around AI-driven efficiency, targeting restructuring completion in Q2 2026 …

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