DFM ---ADX ---
20mOpenAI Faces Potential Cybersecurity Concerns with New Astra ModelBusiness
1hDewa Expands Power Grid with 793 New Substations in DubaiBusiness
2hInvestigation Into Near-Miss Incident at Sydney AirportBusiness
2hUAE Raises Alarm Over Strait of Hormuz Disruptions and Maritime AttacksBusiness
2hTurbulence Scare on Air India Flight Leaves Passengers InjuredBusiness
1dInside the Freelander Super Factory: A Glimpse into the Future of Automotive ManufacturingBusiness
1dAsean-UAE Partnership Reaches New Heights With $70 Billion Trade MilestoneBusiness
1dThe Future of AI Belongs to the TrustworthyBusiness
2dUAE Extends Corporate Tax Relief for Small Businesses Through 2029Business
2dDana Gas Reports 47% Profit Surge Amid Rising Production and Higher PricesBusiness
2dWhy Your UAE Job Applications Are Going Unnoticed in 2026Business
2dApollo Global Management to Acquire EasyJet in $7.7 Billion DealBusiness
2dOil Prices Climb Amid Renewed Houthi Attacks and Supply Chain FearsBusiness
2dUS Labor Market Shows Resilience as Productivity Gains SurgeBusiness
2dLulu Group Boosts Gujarat Expansion with New Dh1.5 Billion InvestmentBusiness
2dSharjah's Real Estate Market Records Massive 61.8% Surge in JulyBusiness
2dUAE Implements New Minimum Excise Price for E-Cigarette LiquidsBusiness
2dInnovation City Expands Global Footprint with New Strategic PartnershipBusiness
2dMiddle East Set to Lead Global Tourism Recovery Over Next DecadeBusiness
2dEtihad Airways Resumes Regional Service to Bahrain and KuwaitBusiness
3dAramex Hits Record Revenue as Q2 Profits Surge Seven-FoldBusiness
3dEmpower's H1 2026 profits rise 16.2% from supplying 73,415 refrigeration tons across DubaiBusiness
3dThe Changing Gold Rush: Why UAE Residents Are Pivoting to Coins and BarsBusiness
3dRAK Ceramics Defies Regional Headwinds with Q2 Profit GrowthBusiness
3dOil Prices Dip as Shipping Hopes Clash with Regional TensionsBusiness

UAE Raises Alarm Over Strait of Hormuz Disruptions and Maritime Attacks

Sun, Aug 9, 2026(2h ago)Business

During the 2026 BRICS Trade Ministers Meeting in Jaipur, UAE Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi voiced serious alarm regarding the persistent closure of the Strait of Hormuz and ongoing Iranian aggression against commercial vessels. These concerns were echoed by the energy giant Adnoc, which reported that 15 of its ships have been targeted by drones and missiles amid regional tensions. These unprovoked attacks have resulted in tragic loss of life and multiple injuries, prompting the UAE to demand an immediate reopening of the waterway and strict adherence to international laws protecting maritime navigation.

Despite these geopolitical challenges, the UAE continues to prioritize its economic integration with BRICS nations, which now account for nearly a third of the country's non-oil foreign trade. In 2025 alone, trade between the UAE and the bloc surged to $312 billion, highlighting the resilience of these partnerships. While ministers at the summit did not reach a consensus on a formal declaration, Dr. Al Zeyoudi emphasized the UAE's commitment to strengthening market connectivity and expanding cooperation in key sectors like logistics and digital commerce, particularly with partners like India, as part of the nation's broader strategy to reach $1.1 trillion in non-oil trade by 2031.

Comments0
No comments yet. Be the first to share your thoughts.