South Korea and the UAE held discussions on strategic energy cooperation, focusing on joint oil reserves and nuclear power projects. The meeting also addressed stable crude oil supply and potential new supply routes.
Donald Trump will attend a G7 working session with Volodymyr Zelenskyy in France, but no bilateral meeting is scheduled. Meanwhile, Ukraine conducted drone attacks in Russia's Krasnodar and Volgograd regions, hitting a sea terminal and an oil station.
The UAE is urgently transporting South Korea's Cheongung interceptor missiles via C-17 planes to bolster defenses against Iranian attacks, with 8 aircraft planned for successive batches.
The UK's MHRA has approved Wegovy, the first GLP-1 receptor agonist tablet for weight loss, making the UK the third country to authorize the pills. This expands treatment options for adults with obesity or overweight with related health conditions.
The FCA is seeking an injunction against Neil Woodford and W4.0 for allegedly providing unauthorised investment advice via a subscription-based platform, following a year after announcing plans to ban Woodford from the City due to the collapse of his £10bn equity fund in 2019.
UK Athletics was fined £350,000 and ordered to pay £44,000 in costs for the death of Paralympian Abdullah Hayayei, who was killed by a toppled practice throwing cage during training in London in 2017. A health and safety official also received a community order.
Sky is exiting its joint venture, Sky News Arabia, with UAE's IMI, relinquishing ownership due to concerns over its coverage of the Sudan war, accused of genocide denial. Sky will retain brand licensing.
Over 7,500 Pakistani Shiites have been deported from the UAE to Pakistan since late February, coinciding with the Iran war. Many arrived without jobs or savings, prompting concern and investigation by Human Rights Watch and Pakistani Shiite groups.
US President Donald Trump announced Saturday that a deal with Iran, which includes opening the Strait of Hormuz, has been "largely negotiated." He stated that final details are being discussed and will be announced shortly, following calls with leaders from Saudi Arabia, UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, Bahrain, and Israel.
US Ambassador Mick Huckabee confirmed Israel sent Iron Dome batteries to the UAE for protection against Iran. PM Netanyahu's office later revealed a secret March visit to the UAE, exacerbating diplomatic challenges for Abu Dhabi.
Some Gulf countries were unaware of the US's planned attack on Iran until President Trump announced its postponement. Leaders from Qatar, Saudi Arabia, and UAE convinced Trump to pursue diplomacy, while other Gulf officials expressed surprise.
A drone strike on Sunday cut off external power to reactor no 3 at the UAE's Barakah nuclear plant for 24 hours, forcing reliance on emergency generators. The UAE attributed the attack to a pro-Iranian proxy group originating from Iraq, raising global concerns about nuclear safety during wartime.
UAE's Defense Ministry stated that drones targeting the Barakah nuclear power plant originated from Iraq. The announcement suggests Iranian-backed militias may be responsible for the attack, amid heightened tensions between the UAE and Iran.
The UAE faces unprecedented economic challenges due to Iran's attacks, impacting oil exports, tourism, and conferences. Despite efforts to project resilience, the conflict tests its image as a business haven.
Donald Trump announced Monday he is postponing a planned military strike on Iran, scheduled for Tuesday, at the request of leaders from Qatar, Saudi Arabia, and the UAE amid "serious negotiations."
US President Donald Trump called off planned strikes on Iran at the urging of Gulf leaders, citing ongoing "serious negotiations" for a deal to end the conflict. However, he warned the military to remain prepared for a large-scale assault if an acceptable deal is not reached.
The UAE exits OPEC's quota system, allowing it to pump beyond 4.8 million barrels/day. This move grants flexibility for supply deals, notably with India, its largest LNG customer and a significant oil importer.
A drone strike ignited a fire near the UAE's sole nuclear power plant, Barakah, on Sunday, in what authorities called an "unprovoked terrorist attack." No injuries or radiation leaks were reported, but the incident highlights regional tensions.
The UAE is accelerating its AI strategy with the delivery of advanced Nvidia chips, aiming to become an AI hub for the Global South. Despite regional conflicts, the nation is investing in US tech and developing its own AI models, adapting to threats against its data centers.
The UAE blamed Iran or a proxy for a drone attack near the Barakah nuclear plant, calling it a "dangerous escalation." The incident occurred during a tense period in the Iran war, with peace talks stalled and former US President Trump expressing impatience.
A drone strike hit the UAE's Barakah nuclear power plant on Sunday, causing a fire on its perimeter but no injuries or radiation release. The incident highlights escalating regional tensions and the risk of renewed war.
A drone strike hit the UAE's Barakah nuclear power plant on Sunday, igniting a generator on its perimeter. No injuries or radiological release occurred. Suspicion fell on Iran amid rising tensions and a strained ceasefire in the Iran war.
US officials reportedly encouraged the UAE to seize Iran's Lavan Island, a key oil export hub, to reduce American military exposure amid the ongoing war with Iran. The proposal comes as the US faces significant war costs and depleted stockpiles, and allies show reluctance to deepen involvement.
UAE Energy Minister Suhail Mohamed Al Mazrouei stated the country's departure from OPEC and OPEC+ is driven by its economic vision and national interest, not political considerations or divisions with partners. The decision aims to maintain market stability and global energy security.
