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04.09.26 - 06:24
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Macron′s Gulf Push Straddles Divide Between Riyadh and Abu Dhabi (Bloomberg)
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Crown Prince Mohammed bin Salman's recent trip to Paris showed glimpses of the depth of the French-Saudi relationship. He was spotted with Emmanuel Macron at the Esports World Cup, which was moved out of Riyadh due to the Iran war, and the two unveiled deals spanning everything from technology and defense to a €6 billion theme park....
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03.09.26 - 16:06
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Iran Unleashes Fresh Attack Waves On Kuwait, UAE As Trump Signals De-escalation Ahead Of Midterms (ZeroHedge)
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Iran Unleashes Fresh Attack Waves On Kuwait, UAE As Trump Signals De-escalation Ahead Of Midterms
Iran's retaliatory attacks on US bases and the regional countries hosting them actually continued overnight into Thursday, despite CENTCOM having on Wednesday announced the cessation of the US bombing operation.
This week's round of US attacks saw six Iranian navy personnel killed, Tasnim is reporting, with Iran's Health Ministry stating that 18 Iranians were killed and over 140 wounded since August 30. The ministry also indicates most of the casualties were women and children, especially due to the reported US bombing of a wedding in the coastal town of Kuhestak along the Strait of Hormuz in southern Iran.
Getty Images/People Magazine
Many of the victims' funerals have commenced on Thursday, regional media reports. The NY Times and other Western media have been seeking to verify details amid ongoing investigations. "Dozens of guests, according to a witness and accounts in local news m...
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21.08.26 - 01:21
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ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports (ZeroHedge)
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ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports
Submitted by Tsvetana Paraskova of OilPrice.com
Abu Dhabi National Oil Company (ADNOC) has just issued its ninth spot tender offering crude oil to buyers for October and November loadings, as the United Arab Emirates (UAE) continues to push its oil production and exports higher despite the Hormuz crisis.
The UAE's national oil company is offering Upper Zakum, Umm Lulu, and Das crude grades pumped at fields inside the Persian Gulf in its ninth spot tender since June, sources in the trade industry told Reuters on Thursday.
In the previous eight spot tenders this summer, ADNOC is estimated to have sold more than 100 million barrels of crude to buyers.
As in the previous tenders, the ninth spot tender offers buyers the opportunity to buy cargoes on a free-on-board basis at UAE's Fujairah Storage, Zirku, or Das Island, or arrange ship-to-ship (STS) transfers at the Fujairah-Sohar range outside the Strait of Hormuz, accordin...
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20.08.26 - 09:42
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Wirtschaft der VAE: Am Abgrund oder auf Erholungskurs? (DW)
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Der Iran-Krieg setzt der Wirtschaft der Vereinigten Arabischen Emirate (VAE) zu: Einwohner haben das Land verlassen, Touristen ihre Reisen storniert. Zugleich betonen die Behörden, die Erholung habe bereits begonnen....
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19.08.26 - 14:18
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UAE Cuts Economic Ties With Iran, SK Hynix Moves to Calm Market | The Opening Trade 8/19/2026 (Bloomberg)
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The United Arab Emirates said it was cutting all economic ties with Tehran after accusing Iran of firing ballistic missiles at its territory, ramping up regional tensions.
SK Hynix unveiled plans to buy back $29 billion of stock and return more of its profits to shareholders in an effort to calm worries about the durability of AI spending. The memory chipmaker said it will buy back as many as 24 million treasury shares between Aug. 20 and Nov. 19 and cancel them, according to a regulatory filing Wednesday.
00:07:07:00 Note: the EU has pledged to spend up to €30 billion to build as many as seven artificial intelligence data centers in Europe
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson, Tom Mackenzie and Skylar Montgomery Koning. (Source: Bloomberg)...
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