Uae

Als het huidige wankele staakt-het-vuren tussen de VS en Iran eindigt, is de kans groter dat de Emiraten een doelwit worden van Teheran

• De controle van de Al Nahyans over landbouwgrond in Europa heeft ertoe geleid dat zij een deel van de betalingen aan boerderijen ontvangen. • De regerende koninklijke familie van de Verenigde Arabische Emiraten profiteert van tientallen miljoenen aan EU-subsidies om gewassen te telen die bestemd zijn voor de Golfstaten, zo kan worden onthuld. • Een grensoverschrijdend onderzoek door DeSmog, gedeeld met The Guardian, wees uit dat dochterondernemingen onder controle van de Al Nahyans in zes jaar tijd meer dan €71 miljoen (£61 miljoen) hebben ontvangen voor landbouwgrond in Roemenië, Italië en Spanje.

• OPEC+ announced fresh oil production increase for June 2026, with seven key members—Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman—collectively raising output by 188,000 barrels per day. • The move follows UAE's exit from the bloc and represents a gradual rollback of voluntary production cuts first introduced in 2023, with officials emphasizing flexibility to adjust output based on market conditions. • This supply boost decision comes amid volatile global crude prices and could directly impact fuel costs and inflation worldwide, particularly affecting energy-dependent economies like India.

• Nasdaq and S&P 500 declined on May 4, 2026, following UAE's report of intercepting missiles from Iran amid escalating regional tensions. • Move counters last week's gains where NASDAQ posted a 10-day winning streak led by mega-cap tech on AI optimism and earnings. • Oil and US dollar rose, while gold and silver fell as investors favored risk assets despite conflict worries.

• Israel reportedly deployed its cutting-edge Iron Beam laser system to the United Arab Emirates during the Iran conflict, designed to destroy incoming drones and rockets mid-air despite the prototype not being fully integrated into Israel's own defense network. • The advanced laser weapon was rushed into combat alongside an advanced surveillance system that detected incoming Iranian drones, signaling deepening military cooperation between Israel and the UAE. • The deployment highlights the Abraham Accords alliance and raises questions about real-world testing of next-generation weapons systems during active Middle East conflicts.

• The United Arab Emirates withdrew from OPEC yesterday, marking a historic split from Saudi Arabia during the escalating regional crisis. • This decision coincides with the Strait of Hormuz being almost entirely shut down due to a US naval blockade aimed at halting Iranian oil exports. • The US is threatening to cut off major Chinese banks from its financial system to prevent processing of Iranian oil, intensifying global energy tensions.

Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the regionThe United Arab Emirates’ decision to walk out of Opec is a political as much as business decision, and will reignite the simmering rows between the UAE and Saudi Arabia – which had been covered up by their shared anger with Iran over its attacks on the Gulf states since the start of the US-Israel war on Tehran.In the short term, leaving the oil producing cartel it joined in 1967 gives the UAE the freedom to respond quickly to a long-term prospect of constrained supplies, and to maximise profit. But it is a decision the UAE has considered before, as UAE and Saudi tensions over production quotas have been longstanding. Continue reading...