UAE NEWS
Pakistan to repay USD 1.5 billion outstanding UAE debt by April 23
Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion repayment to the UAE, supported by a USD 2 billion deposit from Saudi Arabia. The country anticipates a USD 1.2 billion disbursement from the International Monetary Fund.
US Israel-Iran War Day 51: Strait of Hormuz tensions rise as Iran fires on tanker, talks continue
Iran War News Day 51: As the clock ticks into the 51st day of the Iran-Israel conflict, West Asia finds itself in a heightened state of alert. Iran's latest restrictions on the strategic Strait of Hormuz are causing significant disruptions to important LNG shipments. These actions, paired with mixed messages from Tehran, have created a fog of confusion at sea.
Dubai announces resumption of school bus operations from April 20
School bus services will resume across the UAE on Monday, April 20, 2026. The Ministry of Education confirmed the decision applies to all public and private schools. This follows assessments by the National Emergency and Crisis Management Authority. Services were temporarily suspended due to adverse weather conditions. The move ensures the continuity of education and student safety.
US Israel-Iran War Day 50: India summons Iranian envoy after attack on Indian tankers in Hormuz; Trump says talks update by day-end
Iran War News Day 50: The Iran-Israel conflict reaches 50 days. Diplomatic efforts are underway, but violence persists. India has protested Iran's actions against its ships. Global oil routes face threats. A potential US-Iran deal is discussed. Lebanon sees shifts amid ongoing strikes. The defense industry sees increased demand. The situation remains uncertain.
UAE envoy to India flags 2,890 strikes on civilian infra since Feb 28, says 4 million Indian expats integral to nation
The UAE ambassador has reported 2,890 missile and drone attacks. He called these unprovoked strikes and urged stronger international action. The UAE faced these attacks despite not being a direct party to the conflict. These incidents threatened regional stability. UAE air defence systems intercepted most incoming threats. International bodies have called for accountability and reparations.
From dropping bombs to pressuring banks: US pivots to economic warfare on Iran
The Trump administration is shifting its Iran strategy towards economic pressure, threatening secondary sanctions on countries doing business with Tehran. Treasury Secretary Scott Bessent stated these moves are the "financial equivalent" of a bombing campaign, aiming to choke Iran into submission. This escalation targets entities like Chinese banks and warns allies like the UAE, as the U.S.
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Senior UAE, Iran officials discuss de-escalation in rare call
UAE Vice President and Deputy Premier Sheikh Mansour bin Zayed Al Nahyan "held a phone call with Mohammad Bagher Ghalibaf, Speaker of the Parliament of the Islamic Republic of Iran, during which they discussed regional developments and ways to de-escalate tensions in the region", according to a statement released by the WAM news agency.
Hormuz shipping muted as US blockade takes hold: Tracking data
A trickle of ships crossed the Strait of Hormuz Tuesday and Wednesday as a US blockade appeared to further curb traffic in the trade route already paralysed by Iranian forces, marine tracking data showed. Here are the latest developments in the strait, - US blockade enforced - The US military said the blockade of vessels either departing or destined for Iranian ports had been fully implemented during the first 48 hours.
US Israel-Iran War Day 47: Pakistan mediation, IMF risk warnings and Trump’s ceasefire optimism drive parallel tracks
Iran War Day 47 Updates: The Iran-Israel war continues with signs of peace talks emerging. US President Donald Trump believes the conflict is nearing its end. Diplomatic efforts are underway between Israel and Lebanon. However, military actions persist, and economic pressures are mounting globally. The core issue of Iran's nuclear program remains a key point of contention. Global powers are engaging to de-escalate the situation.
For a few billion dollars, Pakistan has landed in dire straits
Pakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country's thin foreign exchange reserves. Rising oil prices and limited financing options have added to the pressure. Pakistan is seeking new funding sources, including international bonds and bilateral aid.
Asha Bhosle loved cooking: How she turned her passion for food into a global restaurant business empire; even Tom Cruise visited
The passing of Asha Bhosle has brought renewed attention to a lesser-known part of her life, her deep love for cooking. Beyond her legendary music career, she built a global restaurant chain, Asha’s, which began in Dubai in 2002 and expanded across the Middle East and the UK. Rooted in her childhood memories of food and hands-on approach to recipes, the venture grew into a structured business with consistent flavours and industry recognition.
My way or no waterway: Traffic remains blocked at Hormuz; Iran opens 2 routes
Ship traffic through the Strait of Hormuz is still blocked. Only a few Iran-linked ships have departed. Chinese oil tankers are waiting to enter. Iran is formalizing control and requires permission for passage. The waterway remains effectively shut, impacting global oil supply. A two-week ceasefire offers little immediate relief for shipping.
Trump and Starmer discuss need for 'practical plan' on Strait of Hormuz: UK
British Prime Minister Keir Starmer and US President Donald Trump on Thursday agreed the "need for a practical plan" to get shipping moving again through the Strait of Hormuz following the US-Iran ceasefire, the UK leader's office said. "The leaders discussed the need for a practical plan to get shipping moving again as quickly as possible," and agreed to speak again, Downing Street said.
Xi's $270 billion Middle East bet limits China support for Iran
China's substantial investments across the Middle East, particularly in green tech and tourism, are now jeopardized by regional conflict. Despite facing risks to its capital and personnel, Beijing is navigating a delicate balance, aiming to de-escalate tensions while reassuring Gulf partners and continuing its economic expansion.
Japanese authorities bust major drug smuggling network led by Pakistani nationals
Japanese authorities have arrested a Pakistani used-car dealer and five others in connection with a major drug bust. The group is accused of smuggling 270 kilograms of stimulant drugs, valued at ¥14.3 billion, into Japan from the UAE. The drugs were reportedly concealed within cosmetic powder bags in a container.
Hormuz at near standstill as Iran warns ships to keep to its waters
Iran's Revolutionary Guard Corps is directing ships to a new route near Larak Island. This change has caused confusion for shipping firms. Traffic in the Strait of Hormuz is now less than ten percent of normal volumes. Companies await government guidance on safety. India is easing rules to speed up energy supplies from the Gulf.
UAE markets surge, firms stay cautious
UAE stock markets saw a significant rally following an overnight Iran-US ceasefire. Investors expressed relief after days of regional tensions. However, businesses are adopting a wait-and-see approach. They need more clarity before making crucial decisions. Retail businesses are experiencing an initial boost. Other sectors remain cautious about future developments.
Gulf residents cautiously optimistic after shaky US-Iran truce
Residents of the Gulf countries, which have borne the brunt of Iran's attacks, breathed a sight of cautious relief on Wednesday after waking up to news of an Iran-US ceasefire -- though the truce remains shaky. Iran on Wednesday said it launched missile and drone attacks on Kuwait and the UAE after airstrikes against oil facilities on its Lavan island, state television reported.
Day 1 of 'fragile truce': Iran fires at Gulf nations, Israel strikes Lebanon; fresh violence threatens to scuttle deal
A fragile two-week ceasefire between the United States and Iran has been agreed upon, brokered by Pakistan. This halts a six-week conflict that caused widespread disruption. Despite the truce, Israeli strikes hit Beirut, and Gulf nations faced fresh attacks. Iran's demands include US troop withdrawal and sanctions relief.
US-Iran war Day 40: Iran closes Strait of Hormuz again in response to Israeli attacks in Lebanon
US Israel Iran Ceasefire Latest News: A fragile two-week ceasefire between Iran and Israel, brokered by the US and Pakistan, has taken hold after a diplomatic breakthrough. Despite the truce, strikes persist across the region, highlighting the conflict's volatility. Iran has unveiled a 10-point plan for ending the war, with US-Iran talks scheduled in Islamabad.
Pakistan Field Asim Munir’s shady deals amid his “mediation” efforts between US-Iran
Pakistan's military chief Asim Munir is reportedly making personal deals under the guise of diplomacy, including the Roosevelt Hotel redevelopment, while the country seeks to mediate between Iran and the US. Prime Minister Shahbaz Sharif caused an international embarrassment by posting a draft ceasefire deal on social media, a move that overshadowed Egypt's key backchannel role in achieving the ceasefire.
How many people have been killed in the Iran war?
Iran news: A devastating war has erupted in the Middle East following US and Israeli strikes on Iran. The conflict has spread, causing thousands of deaths across Iran, Lebanon, Iraq, Israel, and other nations. Civilian casualties are high, including many children. Military personnel from various countries have also been killed. The ongoing crisis highlights a significant escalation of regional tensions.
'Dubai may become part of Akhand Bharat': Pakistan Senator Mushahid Hussain after UAE demands $3.5 billion loan repayment
Pakistan Senator Mushahid Hussain has cautioned the United Arab Emirates. He warned about the UAE's growing relationship with India. Hussain cited the large Indian population in the UAE. He suggested this could lead to the UAE becoming part of 'Akhand Bharat'. This comes as Pakistan repays USD 3.5 billion in loans to the UAE.
Some firms in Saudi extend work from home ahead of Iran ultimatum
Western and Saudi firms in Riyadh have extended work-from-home advisories due to concerns over a looming U.S. deadline for Iran regarding the Strait of Hormuz. This follows Iran's threats to target U.S. tech firms amid ongoing regional attacks. The advisories affect major business districts in the Saudi capital.
Commodity Radar: Aluminium supply squeeze offers opportunity as Religare suggests targets
Aluminium prices surged amid global supply disruptions triggered by Middle East tensions, including Iran’s missile strikes on smelters. Religare Broking expects the rally to continue as structural deficits persist. MCX Aluminium trades above key support levels, with short-term targets at Rs 370-372 and a buy-on-dips strategy is advised for near-term gains.
'If I had my choice...': Trump eyes Iran's oil, tells the world he is a 'businessman' first
President Donald Trump indicated the US could seize Iranian oil amid escalating West Asia tensions. He referenced business dealings and the concept of spoils of war. Trump also criticized allies like Japan, Australia, and South Korea for their lack of support. He praised Saudi Arabia, Qatar, UAE, Bahrain, and Kuwait for their assistance.
Iran-Israel war: UAE plans to introduce tourism package as travel and aviation sectors face challenges
The United Arab Emirates is launching a new support package for its tourism sector. This comes as regional tensions impact travel and aviation. Dubai has already introduced a one billion dirham relief fund. This allows hotels and tourism businesses to defer government fees for three months. The government is also monitoring prices and supply chains to ensure economic stability.
"Messenger at best": Former diplomat Sunjay Sudhir calls out Pakistan's 'mediator' bluff
Pakistan’s claims of mediating the Iran-US conflict face a reality check as Iran rejects engagement via Islamabad. Former envoy Sunjay Sudhir calls it a “messenger at best.” Meanwhile, mounting debt pressure from the UAE exposes Islamabad’s economic vulnerability, further shrinking its diplomatic space in West Asia.
UAE says air defences responding to Iran missiles, drones
Emirati air defences were responding to missile and drone attacks from Iran, the United Arab Emirates defence ministry said Sunday, as Tehran said it was targeting aluminium industries in the Gulf nation. "UAE air defences... are actively engaging with missiles and UAV threats," the ministry posted on X in English, along with an Arabic statement that said the projectiles were coming from Iran.
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