So far, only two merchant ships are known to have passed a new U.S.-guarded route through the Strait of Hormuz.
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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?
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.
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 …
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 …
Coinbase announces layoff ahead of earnings
The crypto giant will announce its first-quarter earnings in two days.
Coinbase to cut about 14% of workforce in AI-driven restructuring
Coinbase said on Tuesday it would cut about 700 jobs, or about 14% of its global workforce, as part of a restructuring plan aimed at reducing costs and repositioning the business for the artificial …
15 unmissable pool day and beach club deals in Dubai to book this May
Throughout May, there are some incredible ongoing pool day offers and beach club deals in Dubai that are almost too good to miss.
Sphere targets National Harbor opening in 4 years or less while advancing Abu Dhabi procurement work
Q1 2026 Management View “We remain focused on maximizing the model’s full potential in Las Vegas, while executing on our long-term vision for a global network of Sphere venues.” (Executive Chairman & …
Hong Kong and the UAE are entering a new phase of economic cooperation
As an international financial centre, Hong Kong has seen banks, asset managers and family offices establish or expand operations in the UAE, deepening two‑way financial and professional services ties …