UAE's Fujairah marine bunker sales hit record low in May

Marine fuel sales at the United Arab Emirates' Fujairah ​port extended declines in May to ‌hit a record low, latest data showed, as cargo replenishment stayed constrained after ​the Middle East war crimped ​shipments out of the Strait of ⁠Hormuz.

Reuters • a day ago

UAE: Banks, Not Oil, Drive This Middle-East ETF

The iShares UAE ETF earns a "Hold" rating due to mixed technicals and sector concentration in Financials and Real Estate, not Energy. UAE trades at a low P/E under 10x with a 16% long-term EPS growth rate, but lacks momentum and growth exposure. The ETF offers a high 4.32% dividend yield, driven by heavy bank and real estate allocations, but carries elevated risk from economic sensitivity and geopolitics.

Seeking Alpha • 12 hours ago

UAE denies 'false' reports of fund transfer to Iran

The United Arab Emirates denies media reports alleging the government has agreed to release up to $20 billion in frozen assets to Iran. The UAE says 'no frozen Iranian funds have been released'.

CNBC • Jun 13, 2026

Medicus Pharma Initiates Groundbreaking PRECISION-E2 Phase 2a Study of Teverelix® in Endometriosis utilizing the Emirati Genome Program

Novel genomics-enabled clinical trial in United Arab Emirates (UAE) seeks to identify genetic predictors of treatment response while evaluating Teverelix® as a potential long-acting precision medicine therapy for women with endometriosis Novel genomics-enabled clinical trial in United Arab Emirates (UAE) seeks to identify genetic predictors of treatment response while evaluating Teverelix® as a potential long-acting precision medicine therapy for women with endometriosis

GlobeNewsWire • Jun 11, 2026

As AI Infrastructure Takes Center Stage, Neurovia AI Highlights NeuroStream™ and New Leadership at UAE Industry Summit

ABU DHABI, UAE, June 11, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ: AIIO) announced that its wholly-owned subsidiary, Neurovia AI, officially participated in the 2026 UAE Data Center Infrastructure & Cloud Summit as an OFFICIAL AI INFRASTRUCTURE PARTNER. The event, held today in Abu Dhabi, marked the first public appearance of the company's newly appointed Chief Operating Officer, Mr.

PRNewsWire • Jun 11, 2026

The UAE's Exit From OPEC

On May 1, the United Arab Emirates (UAE) formally exited both the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ grouping of major oil producers. Such exits are not unheard of.

ETF Trends • Jun 10, 2026

UAE says its decision to leave OPEC was a strategic economic move, not a political one

The UAE says its decision to leave OPEC and OPEC+ was based on the country's national interest. Energy Minister Suhail Mohamed Al Mazrouei says it remains committed to maintaining market stability.

CNBC • May 16, 2026

UAE says OPEC, OPEC+ exit was sovereign strategic decision, not political move

The United ​Arab Emirates' decision ‌to withdraw from OPEC ​and OPEC+ ​was a sovereign ⁠and strategic ​choice based ​on a comprehensive assessment of its ​production policy ​and future capabilities, ‌the ⁠UAE energy minister said on Saturday, adding ​the ​move ⁠was not politically ​motivated and ​did ⁠not reflect divisions ⁠with ​partners.

Reuters • May 16, 2026

UAE says it is discussing currency swap line with US

The United Arab Emirates is discussing a currency swap line with the United States, ​its trade minister said on Monday.

Reuters • May 4, 2026

UAE's exit from OPEC not directed against anyone, ADNOC CEO says

The United Arab Emirates' decision to exit OPEC and OPEC+ was not directed against ​anyone but meant to serve national interests, Abu Dhabi National ‌Oil Company CEO Sultan Al Jaber said on Monday.

Reuters • May 4, 2026