United Arab Emirates
India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
NEW DELHI, INDIA – JANUARY 19: (—-EDITORIAL USE ONLY – MANDATORY CREDIT – âPRESS INFORMATION BUREAU/ HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS—-) Indian Prime Minister Narendra Modi welcomes United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan in New Delhi, India on January 19, 2026. (Photo […]
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Latest U.S. sanctions target Houthi funding networks, Treasury says
U.S. Treasury Secretary Scott Bessent delivers remarks during a roundtable discussion with farmers hosted by President Donald Trump in the Cabinet Room of the White House in Washington, Dec. 8, 2025. Alex Wong | Getty Images The Trump administration issued fresh sanctions on Friday further targeting the Iran-backed Houthis in Yemen and the transfer of oil products, […]
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OPEC+ keeps oil output steady amid turmoil among members
A woman passes by a logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer […]
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Yemen’s Aden airport shuts as Saudi-UAE rift deepens
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Flights at Yemen’s Aden international airport were […]
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Saudi Arabia issues national security warning as UAE forces asked to leave Yemen
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Saudi Arabia said on Tuesday its national […]
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Ray Dalio says Middle East is becoming a ‘Silicon Valley of capitalists’
Ray Dalio, founder of Bridgewater, speaking to CNBC at the Future Investment Institute 2025 summit in Riyadh on Oct. 28th, 2025. CNBC The Middle East is fast emerging as one of the world’s most powerful AI hubs, Bridgewater Associates’ founder Ray Dalio said Monday, comparing the region’s rise to Silicon Valley’s pull for all things […]
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Fossil fuel leaders herald the energy addition era: ‘Music to my ears’
Guests look at a model of the largest data center in the UAE under construction in Abu Dhabi as the Stargate initiative, a joint venture between G42, Microsoft, and OpenAI, during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by […]
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Asia-Pacific markets fall, tracking Wall Street declines on AI valuation concerns
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets fell Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the day down 0.19%. Japan’s […]
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CNBC Daily Open: AI is carrying the weight of the U.S. market
CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree […]
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Nvidia shares up 2% in premarket as U.S. approves sales of its chips to the UAE
Microsoft said Monday it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions. The tech giant said it is the first company under U.S. President Donald Trump’s administration to secure such licenses from the Commerce Department and that the approval, […]
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