UAE revises AI data center plan after Iranian attacks, sources say
The United Arab Emirates is quietly revising plans for a 5-gigawatt AI data center project – one of the biggest outside the U.S. – after the Iran war prompted a rethink of how and where critical infrastructure should be built, six people familiar with the matter told Reuters.
UAE: A Cheap Gateway To Gulf Equities, With One Major Limitation
The iShares MSCI UAE ETF offers cheap, income-oriented exposure to the UAE, trading at 9.6x earnings and yielding 4.5%. UAE's portfolio is heavily concentrated in financials and real estate, with nearly 56% exposure, limiting diversification. Despite the UAE's economic transformation, the ETF lags behind, underrepresenting sectors like technology and healthcare.
UAE Cuts Economic Ties With Iran After Missile Threat
The United Arab Emirates said it was cutting all economic ties with Tehran after accusing Iran of firing ballistic missiles at its territory. -------- More on Bloomberg Television and Markets Like this video?
UAE's ADNOC sells crude at premiums to Asian refiners in seventh tender, sources say
Abu Dhabi National Oil Co sold at least 12 million barrels of spot crude to Asian refiners and trading firms at premiums in its latest tender, as renewed U.S.-Iran hostilities disrupted supplies and sparked a buying spree, trade sources said on Wednesday.
UAE's ADNOC offers crude, buyers can load inside Hormuz, trade sources say
Abu Dhabi National Oil Company has issued its fourth tender this month, trade sources said on Friday, a move that could gauge whether buyers are willing to load crude in the Strait of Hormuz following an interim peace deal between the U.S. and Iran.
UAE: Banks, Not Oil, Drive This Middle-East ETF
The iShares UAE ETF earns a "Hold" rating due to mixed technicals and sector concentration in Financials and Real Estate, not Energy. UAE trades at a low P/E under 10x with a 16% long-term EPS growth rate, but lacks momentum and growth exposure. The ETF offers a high 4.32% dividend yield, driven by heavy bank and real estate allocations, but carries elevated risk from economic sensitivity and geopolitics.
UAE's Fujairah marine bunker sales hit record low in May
Marine fuel sales at the United Arab Emirates' Fujairah port extended declines in May to hit a record low, latest data showed, as cargo replenishment stayed constrained after the Middle East war crimped shipments out of the Strait of Hormuz.
The UAE's Exit From OPEC
On May 1, the United Arab Emirates (UAE) formally exited both the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ grouping of major oil producers. Such exits are not unheard of.
United Arab Emirates to leave OPEC on May 1 in shocking blow to world's largest oil cartel amid Iran war
Though the Middle Eastern nation did not give a reason for its exit, some of its oil infrastructure was recently damaged by drone strikes from fellow OPEC member Iran.
UAE: Motoring Along Nicely With Some Fine Tailwinds To Support It
The iShares MSCI UAE ETF (UAE) remains a buy, supported by robust macro fundamentals, cheap valuations, and strong momentum. UAE's GDP growth prospects are set to improve even further in 2026, and are underpinned by strength from the non-oil sector, with the financial sector too seeing alluring opportunities. Despite price appreciation in recent months, UAE's dividend yield has risen to 3.57%, with top holdings maintaining attractive payout and dividend growth profiles.
UAE: This Emirati ETF Faces Significant Concentration Risk
iShares MSCI UAE ETF offers some exposure to the UAE's impressive economy, one of the most rapidly growing of the past half century. Unfortunately, the ETF's historical performance has been underwhelming compared to the U.S. market, and other single country funds. Its selection of equities represents a poor proxy for the broader Emirati economy, raising concerns about its effectiveness and future prospects.
