Garbis Iradian, chief economist for Middle East and North Africa at the Institute of International Finance (IIF), says that the Iran war could cause Dubai to enter a temporary recession from lower …
Dubai’s new Dh1.5 billion package protects jobs and boosts key sectors, say analysts
Key sectors such as tourism and hospitality, real estate, trade and customs, SMEs, education, aviation, construction, and arts and culture will receive support through various incentives …
UAE quickens second pipeline to bypass Strait of Hormuz
A United Arab Emirates company has expedited construction of a second oil pipeline to bypass the Strait of Hormuz, but normal flow through the region, and potential price stabilization, is still …
UAE crushes Iran Hormuz control claimsPublished on: May 21, 2026 8:45 PM
Pakistan, May 21 — The United Arab Emirates strongly rejected Iran’s claimed control over parts of the Strait of Hormuz. UAE presidential adviser Anwar Gargash called Iran’s plan a “pipe dream” in a …
EXCLUSIVE: Majid Al Futtaim to Close THAT Concept Store in Dubai’s Mall of the Emirates
Majid Al Futtaim is closing THAT Concept Store in a $1.3 billion Mall of the Emirates overhaul, as the Iran conflict squeezes UAE luxury retail.
Kraken secures Dubai approval to expand crypto services in the UAE
Kraken parent Payward secured Dubai VARA approval to offer UAE clients spot, margin, OTC, staking, AED funding, and Prime services.
Karen Wazen opens flagship boutique at Dubai Mall
The influencer-turned-founder is positioning the boutique as a global flagship as her eyewear label pushes into jewelry, accessories and a multistore rollout in Egypt.
Xsolla, Dubai Films and Games Commission create strategic partnership to connect Dubai-based developers to global markets
DUBAI, 21st May, 2026 (WAM) — Xsolla, a leading global video game commerce company, and the Dubai Games Commissioner, in coordination with the Dubai Films and Games Commission (DFGC), today announced …
Crypto Exchange Kraken Secures VARA License to Launch in Dubai
Dubai’s Virtual Asset Regulatory Authority granted Kraken’s parent company preliminary broker-dealer and investment management authorization.
UAE says mystery drones targeting nuclear plant came from Iraq
The UAE said drones that targeted its Barakah nuclear plant last week were launched from Iraq, indicating Tehran-backed militias have continued targeting Gulf energy infrastructure on behalf of Iran.
Dubai Chambers signs MoU with Keeta to accelerate growth of SMEs in Dubai
DUBAI, 21st May, 2026 (WAM) — Dubai Chambers has signed a Memorandum of Understanding (MoU) with Keeta, the on-demand delivery platform backed by global technology leader Meituan, to accelerate the …
Aqua-Tots Opens the Brand’s Largest Swim School in Dubai, Marking a New Era of Global Expansion
The international leader in swim education deepens its Middle East presence with a record-breaking facility advancing its life-saving mission worldwide A Record-Breaking Swim School The Dubai location …
Kraken Wins Major License in Dubai, Binance and OKX to Face New Competition
Kraken secures VARA preliminary approval in Dubai, entering regulated UAE crypto market alongside Binance, OKX, and Crypto.com.
The Executive Centre expands premium virtual office in Dubai as demand for flexible corporate presence solutions grows
Pacific’s leading premium flexible workspace provider, has expanded its virtual office services in Dubai, strengthening …
Expo City Dubai’s Changemakers Academy awards grants to 10 youth-led solutions in UAE
DUBAI, 21st May, 2026 (WAM) — A gamified system to correct posture, a sign-to-speech AI translation tool and a digital platform supporting Arab women through menopause are among the 10 purpose-driven …
Kraken moves closer to UAE launch after Dubai regulatory approval
Kraken gains preliminary VARA approval in Dubai as its parent company Payward prepares UAE launch with AED funding, OTC and margin trading and institutional services.
UAE pipeline bypassing Hormuz Strait now nearly half complete
ADNOC, the UAE’s state oil company, is building the West-East pipeline, which will connect oil fields to the port of Fujairah. Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed instructed …