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US-Iran war shakes Gulf markets

Certain sectors have been hit hard by the impact of Iran's missiles and drones, but regional economies have also shown a degree of resilience.

Amer Ziab Al-Tamimi 13 March 2026

Saudi Arabia's Foreign Minister Faisal bin Farhan (L) gives a joint press conference with his Egyptian counterpart Badr Abdelatty (R) at Tahrir Palace in the centre of Cairo on September 10, 2024.

Khaled DESOUKI / AFP

Egypt steps up its balancing act amid Yemen rift

The UAE backs southern Yemenis who want secession, while Saudi Arabia wants a unified Yemen. Egypt also favours unity, but is close to both Gulf states, putting it in a difficult position.

Amr Emam 11 January 2026

A crowd of people at a march organized by the Southern Transitional Council in Aden, Yemen, on 21 December 2025.

Reuters

Why South Yemen secession isn't a real possibility

No single party in Yemen can impose dominance over the other through military force, nor can any side achieve dominance solely by relying on external actors

Anwar Al-Ansi 01 January 2026

Al Majalla

Maryam Al Saadi: Life is simply a collection of short stories

The acclaimed Emirati author uses the fleeting details of everyday existence to tell stories filled with insight into the human condition. She tells Al Majalla about her approach and how it works.

Abeer Younis 03 September 2024

The Ras El-Hikma development project could bring in up to $150bn of investment over its lifetime, according to Egypt's prime minister.

Courtesy of Egypt's government

Egypt’s new Ras El-Hikma resort attracts $35bn from UAE

Cairo and Abu Dhabi shook hands on a huge development project on Egypt's north coast, giving it a much-needed cash injection. But is Egypt selling the family silver in desperation?

Marcelle Nasr 27 February 2024

In this photo released by Qatar Amiri Diwan, Qatari Emir Sheikh Tamim bin Hamad Al-Thani, right, greats UAE president Sheikh Mohamed bin Zayed Al-Nahyan, upon his arrival at the Hamad airport in Doha, Qatar, Monday, Dec. 5, 2022. (Qatar Amiri Diwan via AP)

UAE Leader Makes Surprise Visit To Qatar Following Boycott

The leader of the United Arab Emirates made a surprise visit on Monday to Qatar as it is hosting the World Cup — his first since leading a yearslong four-nation boycott of Doha over a political…

AP 05 December 2022

Egyptian President Abdel Fattah al-Sisi and United Arab Emirates President Sheikh Mohamed bin Zayed Al-Nahyan attend the COP27 climate summit in Sharm el-Sheikh, Egypt November 7, 2022. REUTERS/Mohammed Salem

COP27: UAE and Egypt Agree To Build One of World's Biggest Wind Farms

The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world's largest onshore wind projects in Egypt, according to an…

08 November 2022

United Arab Emirates President Sheikh Mohamed bin Zayed Al-Nahyan walks to meet with Greek Prime Minister Kyriakos Mitsotakis(not seen) at the Maximos Mansion in Athens, Greece, August 25, 2022. REUTERS/Louiza Vradi

UAE President To Meet Russia's Putin On Tuesday

United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan will travel to Russia on Tuesday to meet with President Vladimir Putin, UAE state news agency WAM reported on Monday. The…

10 October 2022

German Chancellor Olaf Scholz gestures during his joint news conference with Georgian Prime Minister Irakli Garibashvili following their meeting in Berlin, Germany, September 14, 2022. REUTERS/Christian Mang

UAE Signs Energy Agreement with Germany's Scholz

The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerating energy security and industrial…

25 September 2022

Buildings are seen at Sowwah Square on Marayah Island in Abu Dhabi's central business district May 7, 2013. REUTERS/Ben Job

UAE Vice President: Non-Oil Trade At 1.58 Trillion Dirhams in H1/22

The United Arab Emirates' non-oil trade hit 1.058 trillion dirhams ($288.06 billion) in the first half of 2022, up 17% from a year earlier, the vice president said on Monday in a tweet. The Gulf…

22 August 2022

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Gulf states should steer clear of attritional war traps

01 April 2026

The US-Israeli war against Iran aims to draw in Gulf states, but history has shown that entering wars is far easier than exiting them. Prudence is needed now more than ever.

Khairuldeen Al Makhzoomi

Palestinian Foreign Minister Varsen Aghabekian Shahin speaks at a press conference in Ljubljana, Slovenia, on 25 August, 2025.

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'Israel is exploiting Iran war to kill a Palestinian state'

01 April 2026

PA Foreign Minister Varsen Aghabekian Shahin tells Al Majalla that Israel is taking advantage of the fact that the world is distracted by the US-Iran war to create irreversible facts on the ground

Ahmed Maher

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Iraq's internal battle for influence comes to a head

31 March 2026

New fronts have opened up across the region in light of the US-Israeli war on Iran, as non-state actors with links to Tehran fear for their futures

Rustum Mahmud

People gather during a celebration called by Hayat Tahrir al-Sham (HTS) at the Umayyad Square, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, 20 December, 2024.

Reuters / Ammar

Business & Economy

US-Iran war gives Syria's global economic pitch more urgency

01 April 2026

Given the effective closure of the Hormuz Strait and Houthi threats to close off the Red Sea, Syria may emerge as a corridor and conduit to bypass these embattled maritime chokepoints

Charles Lister

Reuters/ Al Majalla

Politics

Farid al-Madhan: Assad's fingerprints were on every picture

31 March 2026

A former army forensics employee who later became known as Caesar tells Al Majalla how he risked his life to expose the torture and killing of countless Syrians in regime prisons

Ibrahim Hamidi

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LATEST ISSUE

United Arab Emirates

US-Iran war shakes Gulf markets

Egypt steps up its balancing act amid Yemen rift

Why South Yemen secession isn't a real possibility

Maryam Al Saadi: Life is simply a collection of short stories

Egypt’s new Ras El-Hikma resort attracts $35bn from UAE

UAE Leader Makes Surprise Visit To Qatar Following Boycott

COP27: UAE and Egypt Agree To Build One of World's Biggest Wind Farms

UAE President To Meet Russia's Putin On Tuesday

UAE Signs Energy Agreement with Germany's Scholz

UAE Vice President: Non-Oil Trade At 1.58 Trillion Dirhams in H1/22

Gulf states should steer clear of attritional war traps

'Israel is exploiting Iran war to kill a Palestinian state'

Iraq's internal battle for influence comes to a head

US-Iran war gives Syria's global economic pitch more urgency

Farid al-Madhan: Assad's fingerprints were on every picture

OPINIONS

Europe's reluctance to join Iran war puts NATO at risk

Iraqi militias turn on the state

Between war and peace: will Iraq cross the Rubicon?

Iraq's internal battle for influence comes to a head

United Arab Emirates

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