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UAE News and Economic Updates

MGX $49 billion fund reshapes race for AI assets

Andrey Mastykin
01.07.2026

MGX $49 billion fund reshapes race for AI assets

Abu Dhabi’s MGX has raised $49 billion for one of the largest artificial intelligence funds ever assembled, giving the two-year-old firm far more firepower in the global race for AI assets. ...

Crypto companies eye UAE as MiCA deadline approaches in EU

Eugene Komchuk
30.06.2026

Crypto companies eye UAE as MiCA deadline approaches in EU

Cryptocurrency companies are increasingly considering the United Arab Emirates as an alternative jurisdiction as the MiCA deadline approaches in the European Union. After July 1, companies that ...

Middle East ceasefire extension highlights limits of U.S. military strategy on Iran

Ciaran Ryan
15.06.2026

Middle East ceasefire extension highlights limits of U.S. military strategy on Iran

A planned agreement in Geneva aims to extend the current Iran ceasefire for 60 days, reopening the Strait of Hormuz gradually and linking nuclear talks to phased sanctions relief. The arrangement ...

#Iran war #UN Sanctions

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