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17.07.26 - 09:06
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China and UAE cross-border QR payment link to boost the global yuan (SCMP)
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In the latest move to bypass Western-dominated financial systems and step up the internationalisation of the yuan, China is linking its retail payment networks with the United Arab Emirates.
Users will soon be able to use domestic mobile apps to scan QR codes and make payments in either country, under a recent agreement between state-owned Bank of China (BOC), UnionPay International, and the UAE central bank's subsidiary Al Etihad Payments.
“The partnership would help expand the scope of......
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14.07.26 - 06:03
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Emirate: Iran attackiert zwei Tanker vor Omans Küste (DPA-AFX)
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ABU DHABI (dpa-AFX) - Der Iran hat nach Angaben der Vereinigten Arabischen Emirate zwei Tanker des mit den USA verbündeten Golfstaats in der Straße von Hormus angegriffen. Wie das Verteidigungsministerium der Emirate in der Nacht auf der Plattform X bekanntgab, ......
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13.07.26 - 20:30
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Dubai′s New East Coast Port Signals The Beginning Of End For Iran′s Hormuz Leverage (ZeroHedge)
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Dubai's New East Coast Port Signals The Beginning Of End For Iran's Hormuz Leverage
Less than a week into the US-Iran conflict, specifically on March 3, we began to see the writing on the wall: Tehran's leverage over the Strait of Hormuz would eventually erode. That would happen not only because the US military could systematically destroy IRGC's radar sites, coastal missile batteries and drone launch sites along the maritime chokepoint, but also because Gulf states would eventually respond with a generational infrastructure buildout, from new pipelines to coastal ports, designed to entirely bypass Hormuz altogether.
Surprising Fujairah is not a bigger oil terminal: it bypasses the straits completely.
Expect major infrastructure push here after the war. https://t.co/Do1gK7KBDQ
— zerohedge (@zerohedge) March 3, 2026
The emerging theme gained momentum on Monday morning with a new Financial Times report stating that Dubai's state-owned ports and logistics giant, DP World, is considering a ...
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13.07.26 - 17:24
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Why Dubai′s housing market slowed in 2026; sales fell 16%, prices dipped by 7% (Times of India)
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Dubai's residential property sales saw a sixteen percent decrease in early 2026. This slowdown occurred as regional geopolitical tensions impacted buyer sentiment and demand. Despite this, sales remained fifteen percent higher than in the first half of 2024. Residential property prices saw a slight decline between February and April. However, 2025 was a record year for Dubai's property market....
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