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......

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