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White House signals financial support for UAE amid Iran war risks

The White House said the United States is prepared to provide financial support to the United Arab Emirates if the ongoing war with Iran worsens the country’s economic outlook. National Economic Council director Kevin Hassett stated that such assistance remains a contingency measure and is not expected to be required under current conditions. The......

UAE warns of yuan oil trade shift over dollar access

The United Arab Emirates has warned it may begin settling oil and gas transactions in Chinese yuan if the United States does not provide a dollar liquidity backstop. The message was delivered during high-level meetings in Washington between the UAE central bank governor Khaled Mohamed Balama, US Treasury officials, and Federal Reserve representatives.......

Dubai probes death of Egyptian doctor Diaa El Awadhi

The Egyptian doctor and social media nutrition figure Diaa El Awadhi has died in Dubai under circumstances still under official investigation. Authorities in United Arab Emirates have not confirmed a final cause of death or whether criminal factors were involved. His disappearance and the delayed discovery of his body triggered widespread......

Air Arabia resumes flights to Beirut as regional air travel gradually recovers

Air Arabia has become the second United Arab Emirates airline to announce the resumption of flights to Beirut, signaling a gradual recovery in regional air travel following recent geopolitical tensions in the Middle East. The airline confirmed that it plans to restart services between Sharjah and Beirut from April 23, according to information......

Flydubai resumes flights to Beirut as regional air travel recovers

Dubai-based airline Flydubai has announced the resumption of its flights to Beirut starting April 18, marking a significant step toward the normalization of air travel in the region. The airline had previously suspended its services to Lebanon following heightened tensions linked to the U.S.-Israeli conflict with Iran, which led to widespread......

Unitree launches $8,200 humanoid robot globally via AliExpress

Unitree Robotics has begun selling its humanoid robot R1 internationally through AliExpress, offering the full model at about 8,150 dollars including import costs, with free shipping to the United States. A lighter version, the R1 AIR, is priced around 6,800 dollars. Deliveries are expected to start near the end of June, marking one of the......

Ouarzazate hosts immersive MICE event attracting French decision makers

Morocco hosted the sixth edition of “La Secret Destination,” an experiential event designed for French MICE industry leaders. The concept, developed by The MICE Expert and organized by KTI Voyages in partnership with the Office National Marocain du Tourisme, brought around 100 decision makers to the country’s southern region......

Amazon expands 20 minute delivery service to US and Europe

Amazon is preparing to roll out its ultra-fast delivery service, Amazon Now, in the United States and Europe after rapid growth in India. Chief executive Andy Jassy announced the expansion in his annual shareholder letter, positioning it as a major push into the fast-growing quick commerce sector. The service promises delivery of thousands......

Ukraine confirms downing Iranian drones in Middle East operations

Ukrainian President Volodymyr Zelensky confirmed that Ukrainian forces have actively intercepted Iranian-designed Shahed drones in several Middle Eastern countries, marking a significant expansion of Kyiv’s operational role beyond its own territory. Speaking to journalists during a briefing reported by Associated Press and Euronews,......

Gulf states near depletion of air defense interceptors as Iran's missile campaign grinds on

Five weeks into Iran's sustained drone and missile campaign against Gulf states, the arithmetic of air defense is turning against the defenders. Gulf countries have exhausted the vast majority of their pre-war interceptor stocks repelling thousands of incoming projectiles, and resupply is falling well short of the pace required, according......

Gulf sovereign funds near $24 billion deal to back Paramount's Warner acquisition

Paramount Skydance is close to securing $24 billion in equity commitments from three Gulf sovereign wealth funds to help finance its $81 billion acquisition of Warner Bros. Discovery, the Wall Street Journal reported Sunday, in a deal that would end weeks of uncertainty over whether Middle Eastern capital would remain part of the transaction. Saudi......

Taiwan secures alternative LNG supply as Hormuz blockade enters second month

Taiwan has received supply guarantees from an unidentified major energy-producing country and secured alternative liquefied natural gas deliveries, while the United Arab Emirates has moved to reassure its population on food and commodity stability, as the Strait of Hormuz blockade enters its second month with no resolution in sight. Taiwan's......

Middle East war wipes $62 billion from ASEAN billionaire fortunes in March

Escalating conflict in the Middle East erased approximately $62 billion from the combined wealth of Southeast Asian billionaires in March, reshuffling the region's richest rankings as Asia-Pacific stock markets buckled under surging energy prices and a collapse in investor confidence. The 150 ASEAN billionaires tracked by Forbes's......

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