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ADNOC chief says Iran shipping disruptions amount to extortion

Warning of damage to global markets, Al Jaber calls for a cooperative effort 'to protect the free flow of energy and safeguard economic stability'

UAE expands U.S. investments amid disruptions from Iran war

UAE Ambassador Yousef Al Otaiba tells business leaders that the country would stand by $1.4 trillion in planned and existing investments in the U.S.

Gulf central banks take steps to guard against credit defaults

The move is aimed at easing immediate liquidity stress as companies face delayed shipments, weaker demand and rising costs for insurance, financing

Dubai moves to reassure investors, anticipating strong comeback from war

Hedge funds and banks including Millennium Management, JPMorgan Chase and Goldman Sachs told staff to work from home after the missile strikes

Trump headlines FII Miami, pitching U.S. to Saudi investors

PIF Governor Yasir Al-Rumayyan says the fund will keep investing globally, telling the conference that the kingdom’s financial position is solid

Quick Hits

stay home

UAE imposes entry ban on Iranians – but with exceptions

STRAIT RESCUE

ADNOC chief says Iran shipping disruptions amount to extortion

The Daily Circuit: ADNOC chief slams Iranian ‘extortion’ + Emirates NBD raises $2.25B

open tap

UAE expands U.S. investments amid disruptions from Iran war

WAR BUFFER

Dubai approves $272 million in incentives to cushion economy

The Daily Circuit: 2PointZero invests in U.S. + Mubadala, QIA back Whoop

METAL makers

Aluminum prices spike after Iran hits plants in Abu Dhabi, Bahrain

HELPing hand

Gulf central banks take steps to guard against credit defaults

The Daily Circuit: Gulf credit squeeze relief + Aluminum plants hit

The Daily Circuit: Trump headlines FII Summit + Mubadala-KKR divestment

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Ambassador Yousef Al Otaiba

Minister of State and Ambassador
of the UAE to the U.S.
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