United Arab Emirates
Syria and DP World sign $800mn MoU to develop Tartus Port
Syria's new government has signed a deal with Dubai-based DP World to rebuild Tartus port on the Mediterranean Sea.
UAE honours US President Trump with Order of Zayed, invests $1.4 trillion in AI companies
US President Donald Trump arrived in Abu Dhabi on May 15 on a state visit to the United Arab Emirates, marking the final stop of his three-country Gulf tour, with the country expected to sign $1.4 trillion in deals.
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HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y – the sharpest monthly drop since November 2021 – partly due to a global slowdown, but more due to a power struggle within OPEC+.
Disney and Miral announce plans for theme park resort in UAE
The Walt Disney Company and Miral have agreed to create a new Disney theme park resort on Yas Island in Abu Dhabi in direct competition with Saudi Arabia's future tourism plans.
BRICS seeks new global alignment at Rio ministerial summit
The expanded BRICS alliance has emerged as a potent diplomatic force at its foreign ministers’ summit in Rio de Janeiro on April 28 ahead of the July meeting.