Follow real-time updates as the US-Israel war with Iran expands across the Middle East, triggering missile exchanges, air defence interceptions and growing regional security concerns. Track the latest …
Are Dubai property prices about to drop?
UAE real estate leaders are monitoring investor sentiment and foreign demand after regional tensions, with analysts assessing potential impacts on the sector. Are Dubai property prices about to drop?.
Pakistan seeks settlement with Etisalat in $800m dispute
Pakistan estimates 34 properties due to Etisalat are worth $92 million, a government official said, meaning the telecom operator could still owe the government $708 million in a near-decade long …
Dubai real estate magnate: There could be a property cooldown, but I don’t see it
Mohamed Alabbar acknowledged the attacks but insisted investors were still confident in Dubai and that “smart capital” will continue to flow into the city.
Dubai no longer a safe bet? Rich Asians look to move assets to Singapore as US-Iran conflict widens
Wealthy Asians are increasingly seeking to relocate their assets to Singapore and Hong Kong due to concerns about the UAE’s stability amidst the US-Israel conflict with Iran.
Crisis management for S’pore banks, fund managers in Dubai as conflict sparks anxiety among clients
It is still very early to assess the longer-term implications for wealth flows into other safe havens including Singapore. Read more at straitstimes.com. Read more at straitstimes.com.
Dubai regulator flags KuCoin for unlicensed crypto services in UAE
Dubai’s digital assets regulator has warned that cryptocurrency exchange KuCoin has been operating in the emirate without the required authorisation. The alert from the Virtual Assets Regulatory …
Stranded in the UAE? This Sharjah developer is offering 100 free rooms for affected families
Sharjah developer Arada is offering stranded travellers free temporary accommodation and meals at Aljada’s Nest Campus following widespread flight cancellations. Stranded in the UAE? This Sharjah …
UAE, Qatar war news LIVE: Dubai residents get ‘potential missile threats’ alert; supermarkets limit fruits, vegetables
UAE, Qatar war news LIVE: Dubai residents received mobile alerts around 12 pm on Friday, warning of a potential missile threat. The mobile alert advised people to seek shelter. Supermarkets in the …
First UK repatriation flight from Middle East lands in London
British couple describe sheltering in Dubai car park as first repatriation flight from Middle East lands in London – Passengers at Stansted airport report chaotic scenes and uncertainty during evacuat …
Etisalat to sell West African business units in $650m deal
Etisalat, which is set to buy a majority stake in Maroc Telecom, has agreed to sell its West African business to the Moroccan firm for $650 million to tap its expertise in that region. The deal will …
Breaking: South Korea secures 6 million barrel emergency import from UAE
Presidential Chief of Staff Kang Hoon-sik announced on the 6th that South Korea has agreed with the United Arab Emirates (UAE) to urgently import over 6 million barrels of crude oil. This measure aims …
Dubai crypto regulator says KuCoin exchange is operating without proper license and must stop
The VARA alert comes just a couple of weeks after Austria’s financial regulator prohibited the European arm of KuCoin from conducting new business.
Dubai regulator orders KuCoin entities to stop unlicensed operations
Dubai’s virtual asset regulator has told KuCoin-linked entities to cease unlicensed crypto services and warned investors that the exchange is not authorized in the emirate.
UAE, Qatar war news LIVE: Dubai residents get ‘potential missile threats’ alert on phones
UAE, Qatar war news LIVE: Dubai residents at around 12 pm on Friday got mobile alerts warning of a potential missile threat. The mobile alert advised people to seek shelter.
UAE weighs cutting Iranian access to Dubai financial networks: report
Dubai has long served as a financial corridor for Iranian trade. US pressure and rising tensions push UAE to review sanctions enforcement. The United Arab Emirates is considering restricting Iran’s …
Wealthy Asians look to move Dubai assets closer to home on Iran war fears
Iranian missile and drone attacks on Dubai have prompted some wealthy Asians and entrepreneurs to consider shifting assets out of the Gulf, with several exploring transfers from Dubai to financial …