Dubai
Was it all ‘just a big show?’ Anxiety, frustration and hope for Middle East residents as Trump brokers fragile ceasefire
A view of missiles over Doha, Qatar after Iran has launched an operation targeting a U.S. base in Qatar on June 23, 2025. Stringer | Anadolu | Getty Images DUBAI, United Arab Emirates — Escalating regional war, or a bunch of choreographed theatre? A shaky ceasefire announced by President Donald Trump Monday night looks to […]
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The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East
Key Points Chinese shipments to Dubai’s logistics hub have risen by 20% this month from a year ago, according to estimates from Bear Huo, China general manager at FundPark. Chinese companies have increasingly turned to the region in the last few years. “A more stable Middle East serves China’s economic and strategic interests,” said an […]
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Fund managers are pouring money into emerging markets. Here’s where investors see opportunities
Volatility has gripped global equity markets this year — and according to some asset managers, now could be the perfect time to rethink emerging markets. Developing economies were hit particularly hard by U.S. President Donald Trump’s so-called “reciprocal tariffs” plans when he unveiled them in April, with Sri Lanka, Cambodia and Vietnam slapped with tariffs […]
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Iran launches 100 drones at Israel in response to missile attack as markets reel
Traffic flows on a highway in the Iranian capital Tehran on June 13, 2025 following reported Israeli strikes targeting Iran early in the morning. AFP | Getty Images DUBAI, United Arab Emirates — Iran launched more than 100 drones toward Israeli territory Friday morning after Israel’s overnight missile strike on the country killed at least […]
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Why everyone is selling Dubai chocolate bars
As a new chocolate trend takes over the globe, U.S. companies like Shake Shack and Crumbl have worked quickly to capitalize on its continuing popularity with limited edition spinoffs, while other chocolate manufacturers have created dozens of dupes sold at Target, Costco, Amazon and now Trader Joe’s. The idea for “Dubai chocolate” was first […]
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The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Giuseppe Cacace | Afp | Getty Images DUBAI, United Arab Emirates — Deep in the oil-rich deserts of the Middle East, the United Arab Emirates is on […]
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The ultra-rich are increasingly parking their gold in Singapore as global risks and Trump volatility mount
“The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays,” says Gregor Gregersen, founder of The Reserve. Alessia Pierdomenico | Bloomberg | Getty Images The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore […]
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Yachts, Eric Trump and Habibi Doge: Dubai’s crypto party is bigger than ever
A yacht party hosted by DogeOS during the Token2049 Dubai conference week. Dubai, United Arab Emirates, May 1, 2025 Natasha Turak | CNBC DUBAI, United Arab Emirates — On a humid Dubai night in early May, I joined guests gathered on the five-storey, 220-foot long Lotus megayacht to celebrate the culmination of TOKEN2049, a major […]
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Dubai government to accept crypto payments through Crypto.com partnership
Crypto.com logo displayed on a phone screen with representation of cryptocurrencies. Nurphoto | Nurphoto | Getty Images Dubai’s Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with cryptocurrencies. The memorandum of understanding between Dubai government officials and Mohammed Al Hakim, president of Crypto.com UAE, […]
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Trump administration to announce U.S. will call Persian Gulf the Arabian Gulf during Middle East visit: Report
Strait of Hormuz in the Persian Gulf. Stocktrek | Photodisc | Getty Images DUBAI, Unites Arab Emirates — President Donald Trump’s administration reportedly plans to announce that the U.S. will officially call the Persian Gulf the Arabian Gulf or Gulf of Arabia, a move that would be welcomed by Arab Gulf leaders and likely draw […]
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