the DON JONES
INDEX…
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GAINS POSTED in GREEN LOSSES POSTED in RED
2/13/26… 15,785.82 1/30/26… 15,758.86
6/27/13... 15,000.00 |
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(THE
DOW JONES INDEX: 2/13/26... 49.451.98; 2/06/26... 48,908.72; 6/27/13… 15,000.00) |
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LESSON
for FRIDAY, FEBRUARY 13th, 2026 – “ABU
DHABI, ABU DABI, OBA wanna BOBBY DADDY, ABBA DABBA DOBBY BABA DADDY BABADOO say
the MONKEYS at the ZOO!”
The gumment’s up and running
again (at least for the weekend); Grammies, Superbowl and Abraham Lincoln’s
(official) birthday are done with Valentines’ Day tomorrow, Mardi Gras, Chinese
New Year, Ramadan and the (divided) President’s Day upcoming in a still-divided
country... so it’s time to talk about monkeys.
And money.
Fake monkeys, first – after
President Donald Trump survived yet another cacaclysm... claiming innocence and
blaming an unnamed “staffer” for posting an AI doctored portrait of predecessor
Barack Hussein Obama and his wife, Michelle, gunkied up as a pair of monkeys. Or maybe apes, to elevate them to a higher
state of primate-cy. Djonald UnTailed
refused to apologize, but did take the portraits down after twelve hours and
millions, if not billions of views... whether on Truth Social, other social
media sites or, once the news flourished, broadcast and cable television news
programs.
Media monkeys, too... the
Obamonkeys, pimp chimps, banana-eatin’ fools and dupes, the spiders, baboons
and the rhesus... Jeezus! Onscreen and
in song and... because while POTUS wasn’t trolling his still-younger and
increasingly more popular ancestral sovereigns, he – or to be exact, his
family, were making money, fist over claw, swapping the power of his Presidency
with the gnomes of Abu Dhabi for a barrel of... well... money.
Sort of – as some men and
monkeys account crypto (root: that which is mysterious or hidden) in the form
of bitcoins, perhaps even named after him, as makes a man, woman or ape want to
sing. Just as iconic girrrilla Helen
Kane did over a century ago or, rather, her altered ego Betty Boop warbled a
tale of tailed creatures in the jungle and tailless beings in the United Arab
Emirates or the United States – as, children sing a variation (somewhat cleaned
up as regards ethnography and sexology), begins like this...
"Aba, daba, daba, daba... daba, daba,
daba…
"Say the monkeys in the zoo…”
Now these words belong to
later versions, popular in kindergartens, and on playgrounds, but the gist’s
the same... Miss Kane’s monkey fell in love with a chimpanzee (which was a sort
of miscegenatious outraging for 1918) – rather like Team Trump has grown
enamoured of crypto. Along in June, came
a big baboon (think Tahnoon, below) who married them and sent them on a
multi-billion dirhan aba daba honeymoon.
(See lyrics as ATTACHMENT ONE, below).
The “aba dabas” weren’t referential to Abu Dhabi nor the Emirates...
which fact, they didn’t come into being until 1892 but... as Bad Bunny advised
last Sunday, if you don’t understand the words, just dance.
Now... that money.
Real money (based upon
things people buy and sell, like food, cars, holiday candies and oil). Skimmed-off money, as on Wall Street. And virtual (don’t call it fake) money...
like crypto.
The
most recent wealth and income findings find an economy deeply divided... while
the Emirati average earnings, while still among the highest in the world, are only about half that of the united
states. Nominal gross
domestic product (GDP) per capita is the total value of a country’s finished
goods and services (gross domestic product) divided by its total population
(per capita). Monaco, with its tax
shelter laws and aristocratic (if small) population is the wealthiest, South
Sudan the poorest. The United States
ranks 11th with a per capita gdp of $89,500, the Emirates rank 30th
at $51,348. (ATTACHMENT “A”) This, however, cloaks a massive inequality
between the born and bred natives and the migrant workers who, by some
accounts, number 80 to 90 percent of the population. The Wiki analysis of Emirate economy
(ATTACHMENT “B” – see website for footnotes) found that skilled
carpenters at the site earned £4.34 a day, and labourers earned £2.84.[73]
“According to a BBC investigation and a Human Rights Watch report, the workers
were housed in abysmal conditions, and worked long hours for low
pay.[78][79][80] During construction, only one construction-related death was
reported.[81] However, workplace injuries and fatalities in the UAE are
"poorly documented", according to Human Rights Watch.[78]
The Emirates, the
monkeypinchers, poxxies, President and crypto crooks conjoined back at the
dawning of Trump 2.0 when his
cryptocurrency firm, World Liberty Financial, sold a $500 million stake to a
member of the Emirati royal family, according to the Wall
Street Journal.
According to the Journal, which reviewed
undisclosed corporate documents, a firm associated with Sheikh Tahnoon bin
Zayed Al Nahyan, an Abu Dhabi royal who operates an enormous state investment
fund, purchased a 49% stake in World Liberty, which is co-owned by Middle East
envoy Steve Witkoff and his family, just four days before the Trump
administration swept into office.
“Months later, the Trump administration agreed
to supply the UAE with highly coveted American-made AI chips despite the prior
administration’s concern that they may fall into the hands of the Chinese.”
Peter Wildeford, the head of policy at the AI
Policy Network, a nonpartisan advocacy group, warned that: “If China gets their hands on these
chips at scale, they would be able to launch cyberattacks against the U.S., they
could build autonomous weapons that could find and sink our Navy ships – they
could close the military technology gap that’s currently keeping us safe,” he
said.
David Wachsman, a spokesperson for World
Liberty Financial, acknowledged the existence of the deal in a statement to ABC
News, but insisted that “neither President Trump nor Steve Witkoff had any
involvement whatsoever in this transaction” and that “any claim that this deal
had anything to do with the Administration’s actions on chips is 100% false.”
Congressional Democrats leapt at new details
in the report, characterizing the transaction as further evidence of alleged
pay-for-play. Sen. Chris Murphy, D-Conn., alleged “mind blowing corruption,” in
a post to X.
Sen. Elizabeth Warren, D-Mass., issued a
statement calling the deal “corruption, plain and simple.”
“Foreign countries are bribing our president
to sell out the American people,” Sen. Chris Van Hollen, D-Md., claimed in a
post to X.
David
Warrington, the White House counsel, told ABC News in a statement (Feb. 2,
ATTACHMENT THREE) that "the President has no involvement in business deals
that would implicate his constitutional responsibilities," and that
"President Trump performs his constitutional duties in an ethically sound
manner and to suggest so otherwise is either ill-informed or malicious."
World
Liberty has emerged as perhaps the most lucrative of the Trump family's various
business ventures, either in cryptocurrency or real estate. ABC News reported last year that the
Trump family secured a roughly $5 billion windfall when trading of World
Liberty’s digital token opened.
According
to the Journal, Shiekh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who
operates an enormous state investment fund, purchased a 49% stake in World
Liberty.
Tahnoon,
who is the brother of UAE president – Sheikh Mohamed bin Zayed
al-Nahyan – and also serves as MGX's chairman, agreed to pay half
of his investment in World Liberty up front. Based on the ownership structure
of the company at the time, that meant a payment of as much as $187 million
into the Trump family's coffers on the eve of his return to office.
The Trump-friendly NY Post (2/2,
ATTACHMENT FOUR) numbered the numbers of the deal as “500,000 of
the most advanced AI chips each year – a sharp reversal from Biden-era export
curbs,” according to The Wall Street Journal,
and “the equivalent of more than two Hoover Dams worth of power.”
Sheikh Tahnoon bin Zayed Al Nahyan – “a
bearded, wiry man almost never seen without his signature dark sunglasses” (see
a picture of Tahnoon here) – entered into the deal with the Trump
family to purchase a 49% stake in World Liberty Financial, The Journal
reported, citing company documents and sources.
The deal “raised questions around whether
the deal violates the emoluments clause of the Constitution, which blocks the
president from receiving profits from foreign governments through his
businesses,” the Journal noted.
Tahnoon’s MGX is also involved in the new
TikTok US joint venture and Stargate, “a $500 billion data center project involving
OpenAI and SoftBank that Trump unveiled on his first full day in office.”
The Post added that “a
few weeks before the UAE chips deal was announced in May, World Liberty CEO
Zach Witkoff – Steve Witkoff’s son – announced that MGX, another Tahnoon-backed
company, would use World Liberty’s stablecoin to complete
a $2 billion investment in crypto dealers Binance.”
In October 2025, Trump
pardoned Binance founder Changpeng Zhao, who had pleaded
guilty to violating anti-money laundering rules. People close to UAE royals had
been pressuring the Trump administration to pardon Zhao, the Journal reported.
New research released by The Blockchain Center
Abu Dhabi finds that the UAE is moving from blockchain experimentation to regulated,
large-scale deployment across finance,
governance, and public-sector efficiency.
(Feb. 9th, ATTACHMENT FIVE)
Blockchain is described, by
Binance, as a “national economic infrastructure,
comparing its trajectory to other foundational technologies that reshaped
economies (which) highlights regulated deployments across real-world asset
tokenization, stablecoins and AED-backed tokenized deposits, payments and
wholesale settlement platforms, and blockchain-powered trade, logistics, and
government services.”
“The UAE as a global benchmark for moving
blockchain from promise to production, showing what becomes possible when
regulation, capital, and ecosystem coordination reinforce each other. The shift
to real deployments becomes practical when there’s a market structure that has
clear rules, credible supervision, and institutional participation that make
blockchain systems dependable enough to support real economic activity at
national scale, and relevant enough to compete globally.”
Pardoned crypto crook Changpeng
“CZ” Zhao
(who pleaded guilty in 2023 to failing to
maintain an effective anti-money laundering program... Forbes, Feb. 10th,
ATTACHMENT SIX) now holds “about 87% of USD1, the stablecoin issued by a Trump
family crypto venture” (roughly $4.7 billion of the $5.4 billion total supply)
— “a greater concentration than any other major stablecoin has at a single
exchange,” according to a Forbes analysis of data from Arkham Intel, a
blockchain analytics platform.
This lunatic lament underscores “the depth of
the financial relationship between Binance and World Liberty Financial, which
already has added an estimated $1 billion to President Donald Trump’s net
worth.”
Binance denied any connection between Zhao’s
pardon and Binance’s promotions of USD1; Zhao’s attorney called the pardon an effort to “rectify
an injustice;” and White House press secretary Karoline Leavitt said Trump has
never and will never engage in conflicts of interest – without
specifying which Trump.
“Any
implication that Binance can exert control or influence over World Liberty
Financial is patently false,” Wachsman told Forbes.
In October 2024, the Trumps announced the launch of World Liberty, which
they called a DeFi platform. DeFi is shorthand for decentralized finance (see
Forbes, Attachment Twelve below); “a term those in the crypto industry use to
refer to taking traditional banking activities like lending and borrowing and
putting them on the blockchain.”
World Liberty Financial, which launched in
September 2024, was “inspired
by the vision of Donald J. Trump” and lists him as its co-founder emeritus,
alongside co-founders Donald Trump Jr., Eric Trump and Barron Trump...
Father “reported making $57.4 million from World Liberty
Financial on his latest financial disclosure, which appears to
cover the 12 months ending in December 2024, income he receives through the Donald
J. Trump Revocable Trust. He is its sole donor and beneficiary, while Donald
Trump Jr. serves as the trustee.”
Erik, presumably, sticks to his office in the janitors’ closet.
Corey
Frayer, a former senior adviser on crypto markets to the SEC chair during the
Biden administration, told Forbes the concentration “suggests that USD1 was
never meant to be a real stablecoin,” but just a way to funnel money to Trump. “Frayer noted that Binance previously has
been charged with wash-trading through the Zhao-owned Sigma Chain AG, adding,
“We actually don’t know who controls those other accounts.” Binance's
attorneys denied the wash-trading allegations in a
court filing, and Trump’s SEC dropped the case in May 2025.”
In what Forbes called a “surprising fact”,
Binance’s U.S. affiliate, Binance US, holds just $1,119 of USD1, according to Arkham Intel.
That so little USD1 is held in Binance’s U.S. company “strongly suggests” it’s
mostly foreign entities making these deals with World Liberty, Frayer said.
While washing money for the
American President, the royal Emirates are also trying to position themselves
as dealmakers in probably the most egregious conflicts in the world (possibly
short of the Gaza/Israeli/Iranian scuffles)... hosting negotiations between
Ukraine and Russia with Euromaiden (ATTACHMENT SEVEN. If inset added - , Feb. 7th)
calling the Abu Dhabi doodling “the plumbing beneath peace: the pipes, valves, and pressure gauges
without which a ceasefire cannot function, but which do not themselves decide
the shape of the house,” and adding that the distinction matters “because
plumbing can work perfectly while the building above remains uninhabitable.”
Russia’s requirement Ukraine
vacate territory (and Ukrainians) in parts of the Donetsk Oblast it still
controls before peace talks even begin “tells us how far the parties are from a
political settlement.” But the Emirati
hosts did broker a prisoner exchange of 157 from and to each side, leading US
envoy and crypto creeper Steve (the father) Witkoff to describe this as
flowing from “constructive” discussions focused on “conditions for a durable
peace”.
Also on the table is the fate of
the The Zaporizhzhia nuclear power plant, “both a strategic infrastructure and
a latent hazard” which Euromaiden called an “implementation question” which,
like the prisoner exchanges, are “the mechanics of a ceasefire, not the
constitutional settlement of a war.”
Euromaiden cited the potential
risks and benefits to each of the parties involved... Russia, Ukraine and,
through the presence of Witkoff and Jared Kushner (and Marco Rubio, on
television)... but an editorial in the Gulf News (Feb. 6th, ATTACHMENT @NINE)
opined that Abu Dhabi was the only clear winner – in that the UAE has shown
itself able to offer “what great powers
cannot: trust, neutrality and access.”
Across decades of regional and
extra-regional diplomacy, three Gulf states – Oman (see Attachment @, below),
the United Arab Emirates, and Qatar - have emerged as preferred venues for
high-stakes mediation. “Their rise as negotiation hubs is not accidental.
Rather, it reflects a sophisticated statecraft that blends neutrality, logistical
capability, diplomatic discretion, and a strategic desire to project soft
power.”
“Oman’s discreet mediation
between Iran and the United States, which laid the foundation for the Joint
Comprehensive Plan of Action JCPOA, remains a defining example of regional
quiet diplomacy. Qatar’s role in hosting US–Taliban negotiations and
facilitating hostage-release mechanisms further demonstrated the Gulf’s
capacity to step in where others cannot.
“But it is the UAE that has
increasingly become the epicentre of this new diplomatic landscape. Abu Dhabi’s
approach is pragmatic, coordinated, and anchored in the Emirates’ broader
foreign-policy identity: a state committed to stability, global engagement, and
problem-solving.”
The Gulf News listed several
examples of why the Gulf States and, in particular, UAE can attract
diplomats. In a world where diplomatic
trust is diminishing, Abu Dhabi offers a venue where trust can be cautiously
rebuilt.
And with foreign diplomats, like
tourists, exempted from some of the harsher rules and regulations that
residents live under (see Attachment @, below), Abu Dhabi is a comfortable
place to kick back and enjoy all the amenities that gumment monies can provide,
while @
WOOD TV (Feb. 4th, ATTACHMENT TEN) teamed up with the
A.P.’s Kamila Hrabchuk to present a docudrama on the Abu Dhabi diplomonkeys
with a remotely lurking SecState Marco saying that the good news was that the
Trump administration... glory Be to He... “has made great progress on
negotiations over the past year” but the bad news is that “the items that
remain (like Putin’s imperialist designs and egocentric delusions) are the most
difficult ones.’
Kremlin
spokesman Dmitry Peskov said that Moscow wasn’t planning to comment on their
results, adding that “the doors for a peaceful settlement are open,” but that
Moscow will proceed with its military campaign until Kyiv meets its demands,”
while continuing to bomb and drone the energy infrastructure and helping
Ukrainians to freeze to death in the subzero winter that has afflicted all of
Europe, like America. Woodie Kamila also
noted that expiration of the
last remaining nuclear arms pact between Russia and the United States means
that Trump and Putin could extend its terms, renogiate or begin a new nuclear
arms race.
But
if the America’s danger of war with Russia is heightening over the expired
treaty, some also believe that the Trump and Witkoff family crypto crookery
could help China develop new AI weapons to destroy the both.
While Trump and his UAE counterpart Sheikh Mohamed bin Zayed al-Nahyan
revealed plans to build the largest group of artificial intelligence data
centres outside the US. (Financial
Times, ATTACHMENT ELEVEN)
A planned 10sq mile UAE-US AI campus in Abu Dhabi is expected to have
5GW of data centre power — equivalent to more than 2mn of AI chipmaker Nvidia’s
latest generation of GB200 chips which, the Emirates desire, Trump will provide
– despite the risk of diversion of even one chip to China.
“Any claim that this deal had anything to do with the administration’s
actions on chips is 100 per cent false. The leftwing media is dishonestly
pushing baseless innuendo in an effort to deceive the public and smear our
company,” WLF spokesman Wachsman said.
But after “spy sheikh” Tahnoon received 49% in equity in World Liberty Financial for half a billion
dollars, after which Eric Trump dangled nuggets and tidbits before the
financial media – boasting: “I’m
not going to get to who the investors are, but we’ve got some pretty meaningful investors...” aheh
heh! (Fortune, Feb. 2, ATTACHMENT
TWELVE)
“Any claim that this deal had anything to do with the administration’s
actions on chips is 100% false,” said a spokesperson for World Liberty
Financial. “The idea that, when raising capital, a privately held American
company (even, presumably, one that manufactures and markets sensitive and
dangerous military chip technology) should be held to some unique standard that no other similar company
would be held is both ridiculous and un-American.”
Anna Kelly, a spokesperson for the White House when Levitt’s out to
lunch, said: “President Trump’s assets are in a trust managed by his children.
There are no conflicts of interest...” even after World Liberty’s bitcoins “
And on Tuesday, after the Abu Dhabi meetings and prisoner swap, the Presidential
Prayer Team (Attachment Thirteen) called upon God to grant wisdom to Envoy Witkoff and other U.S. negotiators
“engaging with” the presumably demonic “foreign representatives” and for
President Trump to be “prudent in his decisions and actions regarding peace
agreements” (which is not exactly a vote of confidence for the confidence
man)..
Religion... specifically the Pentateuch, the first five books of the Old
Testament central to Judaism, Islam and Christianity and all of the factions
within, therein, has raised its snout in a burgeoning dispute between the Sunni
Moslem Emirates and (also) Sunni Saudis.
Prominent Saudi academic Ahmed bin Othman al-Tuwaijri
has accused the UAE of “throwing itself into the arms of Zionism" and
functioning as "Israel's Trojan horse in the Arab world" in order to
weaken Saudi Arabia and emerge as (the Sunni) dominant regional power,” as
opposed to the traditional factional enemy of Rihadh, Iran, and external
nemeses in Tel Aviv, Washington and Rome.
In a scathing column published in the Saudi
newspaper Al Jazirah and reported in the Middle East Eye of Jan. 23rd
(ATTACHMENT THIRTEEN), Tuwaijri accused leaders in the oil-rich emirate of
being "blinded" by "hatred and jealousy" and of “turning
against the kingdom despite decades of Saudi support.”
Framing the emirate's actions as both
ideological and existential threats, “Tuwaijri said that the UAE, which is
governed by Mohammed bin Zayed - a staunch opponent of political Islam - had
collaborated with Israel to the detriment of Arab interests.”
"This is a betrayal of God, His
Messenger, and the entire nation, and it cannot be ignored."
'CHAOS
IN SUDAN' AND 'VERMIN' IN TUNISIA
In the article, Tuwaijri also condemned the
UAE over the fragmentation of Libya, where two rival governments exist, and
the country has been mired in more than a decade of civil war. He accused Abu
Dhabi of seeking to splinter the country and support factions in the country's
east with "money and weapons".
He further accused the UAE of "spreading
chaos in Sudan" by arming the Rapid Support Forces (RSF) with money and
weapons and using "secret air bridges" to support them.
Turning to North Africa, Tuwaijri alleged that
the UAE had "infiltrated Tunisia like vermin" and undermined Tunisian
aspirations for freedom and justice following the 2011 Arab Spring uprising.
The downward spiral in ties between the two
Gulf neighbours has spread beyond the Arab world, with signs that Saudi Arabia
is courting Pakistan for military
partnerships, and the UAE is inching closer to Islamabad's arch-rival India.
@BEGIN A14
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IN the NEWS: FEBRUARY 6th,
2026 to FEBRUARY 12th, 2026 |
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Friday, February 6, 2026 Dow: 50,115.67 |
Authorities
say Nancy Guthrie outlook is “dire: as they sort through tips and ransome
requests... some already found fraudulent.
FBI offers $50K reward. Tucson
cops say “you have to have hope”, TV cop Brad Garrett says “You have to keep
this case in the public eye.” President Trump removes Truth Social video
portraying the Obamas as apes, but refuses to apologize as SecPress Levitt
denounces “fake outrage”. He advocates
regime change in Cuba as its economy collapses, but, despite the Bay of Pigs,
SecState Rubio says invasion and war “would be a mismatch.” He also offers New York a deal... he’ll
unfreeze their transit money if they rename Penn Station after Himself. With Superbowl preparations underway,
Milan Winter Olympics opening ceremonies begin and the torch arrives. In the first women’s hockey match
(featuring the first black Icewoman), America defeats Czechs and the curling
team defeats Norway. |
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Saturday, February 7, 2026 Dow:
Closed |
New
ransom demand letter sent to Tucson media, cops say it has a lot of truthful
references. President Trump references
the kidnapping, saying “some things” could be coming “reasonably soon.” But even Republicans are denouncing the
Obama monkey AI after Dem Hakeem Jeffries calls the video “vile” and
“Unhinged” while black elephant Tim Scott (R-SC@) expresses right wing outrage. DefSec Pete Hegeth says the military is
ending all relations with Harvard and cancelling its ROTC programs, saying
“Harvard is woke” while “the military is not.” He also says that he will investigate other
Ivy League universities. The deep freeze moves to the Northeast as
New York temps drop to -7°, heading to -20°.
Winds of up to 60 mph freeze Lake Erie. Wars continue in Ukraine, where Rusia
launches 446 drones against civilian targets, knocking out power to Kyev;
Trump gives Putin and Zelenskyy until
July to stop fighting. |
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Sunday, February 8, 2026 Dow:
Closed |
It’s
Superbowl Sunday. Nancy Guthrie still missing after a
week. Savannah and family want “proof
of life”, Garrett, asked if the ransom
messages are real, answers: “Maybe!” Trump
spends the morning at the National Prayer Breakfast – denouncing Bad Bunny
and promotes nationalization of local elections, under Himself. And it’s Talkshow Sunday... Jonathan Karl
interviews Adam Schiff who says that the President’s voting nationalization
scheme is aimed at overturning the midterms if Republicans lose. The voters hate him “and his ego cannot
stand another loss.” Republican Congressman Mike Lawler of
New York says Trump’s monkey posting
was wrong and the President accuses him of “fake outrage” and reminds America
that Mayor Andrew Cuomo renamed bridges after his dad. “At the end of the day I could care less
about names,” Lawler says. “Work it
out!” Round Tabler regulars Donna Brazile says
Trump can distract, but not destroy us, while Chris Christie says that
Character is more important than the issues.
On Face the Nation, Sen. Mark Warner
(D-Va) says NIA’s Tulsi Gabbard’s presence at ICE raids was “Nixonian”. Rep. Tony Gonzales (R-Tx) defends refusal
of ICE to stop masking-up beacause |
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Monday, February 9, 2026 Dow:
50,185.37 |
Seattle’s
“Dark Side” defense stifles New England to win the Superbowl 29-13. Physical spectators pay thousands for the
defensive struggle, boob tube proles also enjoy all the new commercials and
Bad Bunny’s halftime show... in Spanish, much to the irritation of President
Trump. The Wascally Wabbit is joined
by Ricky Martin and Lady Gaga while, in other sports news, the Quad God
dazzles in Milan Olympics, while Lindsay Vonn falls and breaks her leg...
Team Fluff beats Team Ruff in the Puppy Bowl. Deadline for Nancy Guthrie ransome deal
passes as Savannah cites “an hour of desperation.” Police have no leads, no suspects and
neighboring house cameras blinded by night and vegetation.
TikTok Obama monkeyshines are pulled down after twelve house, but
Djonald UnAped refuses to apologize and blames an anonymous staffer for the
posting. |
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Tuesday, February 10, 2026 Dow:
50,188.14 |
FBI announces that a person is being investigating
in the Guthrie case... not a suspect, not even a person-of-interest, just a
person. Authorities still admit they
have no clues as to her whereabouts. Ghislaine Maxwell testifies before
Congress and takes the Fifth time and time again until the strategy of
angling for a Presidential Parson becomes apparent. Also on the hot seat is ComSec Harold
Lutnick, who denounces Jeffrey now, but sailed to Little Saint James for
“lunch” after his first conviction
– even Republican Thomas Massie calls on him to resign. In the foreign courts, PM Keir Starmer’s
top aide Mendelson@ does resign,
King Charles will support probe of Andrew for leaking state secrets... in
addition to other things while the Chinese dictators send human rights
activist Jimmy Lai to 20 more years for advocating freedom for Taiwan. More litigation – a pioneer ase calling
for father of school shooter to be convicted of murder himself for his bad
parenting, California judge redlights prior reflighting of ICE masklessness, Where do Seahawks’ QB Sam Darnold and RB
Kevin Walker go after winning the Superbowl”
Why – to Disneyland of course, where they sit in whirling coffee cups
while TV docs say that drinking coffee will stave off dementia. (Tea, too, but you’ll have to drink more.) |
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Wednesday, February 4, 2026 Dow: 49,015.60 |
Regarding
the increasingly scattered search for Nancy Guthrie, TV cop Brad Garrett
concludes: “there’s something wrong with this guy” (the kidnapper) and
generate “tons of leads” (so far ranging from wacko conspiracy theories to
outright scams). Finally a clue
manifests: two black gloves thrown by the roadside on the way to the Mexican
border, leading authorities to set up a white tent in front of Guthrie’s
house and Garrett to exclaim that “a nugget” might emerge. Mystery closure of airspace around El Paso
is solved and the closure is lifted... the military was testing a super and
super-secret drone to shoot down incoming Chinese spy drones or weapons of
terror – which turn out to be party balloons. AyGee Pam Bondi testifies before Congress
while Epstein victims, all in white, stand and stare and tell the press she
should have redacted their faces instead of hiding the identities of rich and
famous pedos. Then she calls
traitorous Republican Rep. Massie “a failed politician with Trump Derangement
symptoms” and, when angry Rep. Becca Balint (D-Vt) calls her Secretary, Pam
snaps back: “I am the Attorney
General.” |
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Thursday, February 5, 2026 Dow: 49,071.56 |
It’s
Abraham Lincoln’s real birthday. A lot
of pennies and five dollar bills, too, disappear from the Dow as the January
jobs report finds that, despite unemployment falling, the jobs market is
“tough”. And then the Senate votes 52
– 47 to fund DHS, but because they needed sixty (and because Congress takes
off tomorrow to begin a ten day President’s Day vacation) Shutdown 3.0 begins
. Fed workers at ICE, associated
offices and @ are ordered to work, but won’t be paid. This causes Interim ICEman Tom Homan to end
Operation Metro Surge, declare victory and redeploy his unpaid migrant
hunters to... somewhere... President Trump rambles on – he resumes
his War on Canada and its drugs but six Republicans block his new tariffs and
he vows retaliation against traitors like Dan (“Canadian”) Bacon who will be
singled out for primaries and punishments.
Then he repeals the EPA climate change measures imposed by Old
Goneaway Joe and proclaims himself the “King of Coal.” EpFiles mania migrates to Auld England
after photos of Randy Andy lying on top of a redacted female cuse angry mobs
to depose King Charles and PM Starmer.
And it’s a fine day for the sporting
crowd, Americans scoop up more medals at Winter Olympics in Milan (see list
here) while a Norwegian biathelets uses his medal ceremony to apologize for
cheating on his wife. And up in
Seattle (pop. 800K), a million fans throng the streets during the Super Bowl
victory parade. |
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THE DON JONES INDEX CHART of CATEGORIES w/VALUE ADDED to EQUAL BASELINE of 15,000 (REFLECTING… approximately… DOW JONES INDEX of June 27, 2013) Gains in indices as
improved are noted in GREEN. Negative/harmful indices in RED as are their designation. (Note – some of the indices where the total
went up created a realm where their value went down... and vice versa.) See a
further explanation of categories HERE |
|
ECONOMIC INDICES |
(60%) |
|||||||
|
CATEGORY |
VALUE |
BASE |
RESULTS by PERCENTAGE |
SCORE |
OUR SOURCES
and COMMENTS |
|||
|
INCOME |
(24%) |
6/17/13 revised 1/1/22 |
LAST |
CHANGE |
NEXT |
LAST WEEK |
THIS WEEK |
THE WEEK’S CLOSING
STATS... |
|
Wages (hrly. Per cap) |
9% |
1350 points |
12/11/25 |
+1.13% |
2/26 |
1,986.14 |
1,986.14 |
https://tradingeconomics.com/united-states/average-hourly-earnings 39.30 37.17 |
|
Median Inc. (yearly) |
4% |
600 |
1/30/26 |
+0.07 |
2/13/26 |
1,115.72 |
1,116.52 |
http://www.usdebtclock.org/ 51,626 663 688 |
|
Unempl. (BLS –
in mi) |
4% |
600 |
1/30/26 |
+4.55% |
2/26* |
530.25 |
530.25 |
http://data.bls.gov/timeseries/LNS14000000/
4.4 nc 4.3 |
|
Official (DC –
in mi) |
2% |
300 |
1/30/26 |
+5.09% |
2/13/26 |
196.81 |
206.82 |
http://www.usdebtclock.org/ 7,951
566 576 |
|
Unofficl. (DC –
in mi) |
2% |
300 |
1/30/26 |
+3.56% |
2/13/26 |
232.48 |
240.76 |
http://www.usdebtclock.org/ 14,743 236 262 |
|
Workforce
Participation
Number Percent |
2% |
300 |
1/30/26 |
+0.062% +0.046% |
2/13/26 |
298.46 |
298.60 |
http://www.usdebtclock.org/ In 164,153 254 294 Out 103,419 559
596Total: 267,613 61.349 61.377 |
|
WP % (ycharts)* |
1% |
150 |
1/30/26 |
+0.16% |
2/26* |
150.95 |
150.95 |
https://ycharts.com/indicators/labor_force_participation_rate 62.40
nc |
|
OUTGO |
(15%) |
|||||||
|
Total Inflation |
7% |
1050 |
1/30/26 |
+0.3% |
2/26* |
924.67 |
924.67 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.3
|
|
Food |
2% |
300 |
1/30/26 |
+0.7% |
2/26* |
260.75 |
260.75 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.7 |
|
Gasoline |
2% |
300 |
1/30/26 |
-0.5% |
2/26* |
256.39
|
256.39 |
http://www.bls.gov/news.release/cpi.nr0.htm -0.5 |
|
Medical Costs |
2% |
300 |
1/30/26 |
+0.4% |
2/26* |
273.10 |
273.10 |
http://www.bls.gov/news.release/cpi.nr0.htm
+0.4 |
|
Shelter |
2% |
300 |
1/30/26 |
+0.4% |
2/26* |
240.63 |
240.63 |
http://www.bls.gov/news.release/cpi.nr0.htm
+0.4 |
|
WEALTH |
|
|||||||
|
Dow Jones
Index |
2% |
300 |
1/30/26 |
-0.33% |
2/13/26 |
378.55 |
379.82 |
https://www.wsj.com/market-data/quotes/index/ 49,071.56
8.908.72 |
|
Home (Sales) (Valuation) |
1% 1% |
150 150 |
1/30/26 |
+5.33% +1.19% |
2/13/26 |
127.62 264.86 |
134.42 268.00 |
Sales (M): 4.13 4.35 Valuations (K): 409.2 404.4 |
|
Millionaires (New Category) |
1% |
150 |
1/30/26 |
+0.075% |
2/13/26 |
136.25 |
136.35 |
http://www.usdebtclock.org/ 24,011 029 041 |
|
Paupers (New
Category) |
1% |
150 |
1/30/26 |
+0.041% |
2/13/26 |
135.36 |
135.42 |
http://www.usdebtclock.org/ 36,702 717 727 |
|
GOVERNMENT |
(10%) |
|||||||
|
Revenue (trilns.) |
2% |
300 |
1/30/26 |
+0.17% |
2/13/26 |
467.43 |
468.48 |
http://www.usdebtclock.org/ 5,356 365 371 |
|
Expenditures
(tr.) |
2% |
300 |
1/30/26 |
+0.06% |
2/13/26 |
293.45 |
293.28 |
http://www.usdebtclock.org/
7,072 076 079 |
|
National Debt
tr.) |
3% |
450 |
1/30/26 |
+0.03% |
2/13/26 |
349.82 |
349.93 |
http://www.usdebtclock.org/ 38,670
658 683 |
|
Aggregate Debt
(tr.) |
3% |
450 |
1/30/26 |
+0.12% |
2/13/26 |
373.84 |
373.40 |
http://www.usdebtclock.org/ 106,401 526 611 |
|
TRADE |
(5%) |
|||||||
|
Foreign Debt (tr.) |
2% |
300 |
1/30/26 |
+1.03% |
2/13/26 |
258.38 |
255.71 |
http://www.usdebtclock.org/
9,380 477 488 |
|
Exports (in billions) |
1% |
150 |
1/30/26 |
-3.28% |
2/26* |
181.79 |
181.79 |
https://www.census.gov/foreign-trade/current/index.html 292.1 |
|
Imports (in
billions)) |
1% |
150 |
1/30/26 |
+5.02% |
2/26* |
147.87 |
147.87 |
https://www.census.gov/foreign-trade/current/index.html 348.9 |
|
Trade Surplus/Deficit (blns.) |
1% |
150 |
1/30/26 |
-48.24% |
2/26* |
249.66 |
249.66 |
https://www.census.gov/foreign-trade/current/index.html 56.8 |
|
The December 2025 release for U.S. International Trade in
Goods and Services originally scheduled for February 5, 2026 has been
rescheduled for release on February 19, 2026. For more information, see the Economic
Indicators Release Schedule. |
||||||||
|
ACTS of MAN |
(12%) |
|
|
*reporting
impacted by last shutdown and, potentially, by the next. |
||||
|
World Affairs |
3% |
450 |
1/30/26 |
+0.2% |
2/13/26 |
470.55 |
471.49 |
Virtuous
Euros use AI apps to identify US products in groceries. China, in advance of the Year of the Fire
Horse, display 29 baby pandas for the world to coo over. Japanese conservatives sweep
elections. Devastating flooding in
Morocco. |
|
War
and terrorism |
2% |
300 |
1/30/26 |
-0.1% |
2/13/26 |
285.73 |
285.44 |
Gulf
states accuse Israel of ethnic cleansing in West Bank. Acting ICE Director Ted Lyons defends Noem,
Rep. Mike McCaul (R-Tx suggests ICE should stay at the border, not in blue
cities. Modest assassin fails in bid
to kill... Veep Vance. Buddhist monks
and wannabees conclude 108 day peace march in DC. |
|
Politics |
3% |
450 |
1/30/26 |
nc |
2/13/26 |
458.38 |
458.38 |
Russia
launches 446 drones against Ukrainian power grid as spymaster assassinated
outside Moscow apt. Trump tells Putin
and Zelenskyy to make peace by July or he’ll make a face, More red states join Louisiana, Texas and
Alabama in requiring Ten Commandments be posted in schools. |
|
Economics |
3% |
450 |
1/30/26 |
-0.1% |
2/13/26 |
432.22 |
431.79 |
America
prepares for Shutdown 3.0. NY nurses’
strike ends after two days but SF teacher’s walkout continues. CEO shuffling in NFL, WashPost and Kroger. Tax Foundation says Trump tariffs cost
Joneses avg. $1,000 per family.
Britney Spears sells catalog for “nine figures”. |
|
Crime |
1% |
150 |
1/30/26 |
-0.2% |
2/13/26 |
207.25 |
206.84 |
Multiple
murders in Florida gated community.
Teen shooter kills 9, wounds many more in Summerbrook, B.C. Canada (as Trump says he told you so);
pre-teen school shootings in Fall River, MA and Atlanta. Falcons’ @ accused of domestic violence
against WNBA@. Three disabled men die
in transport trunk. |
|
ACTS of GOD |
(6%) |
|
||||||
|
Environment/Weather |
3% |
450 |
1/30/26 |
-0.1% |
2/13/26 |
281.95 |
280.82 |
Trump
cancels environmental regulations imposed by predcessors – hails himself as
the King of Coal. Weird weather finds
NY at minus 3° while KC swelters at 72° as temperatures finally will moderate
next week. |
|
Disasters |
3% |
450 |
1/30/26 |
-0.2% |
2/13/26 |
462.64 |
460.79 |
Pilot
makes miracle landing in Gainesville, GA.
Hero dog “Lassie” leads police to missing boy. USA Today reports prisoners freezing
to death in their cells. |
|
LIFESTYLE/JUSTICE
INDEX |
(15%) |
WNBA player Rickea Jackson's attorneys filed a court notice Tuesday in Miami-Dade
(Florida) County saying that she is "willing to testify" against Atlanta Falcons player James Pearce Jr. if the domestic violence charges against him go to
trial, according to a document. |
||||||
|
Science, Tech,
Education |
4% |
600 |
1/30/26 |
-0.1% |
2/13/26 |
614.91 |
614.30 |
DoD/DoW
Sec. Hegseth cancels all military relationships with “woke” Harvard as first
step to shut down all the Ivies. Local
school districts seek out and purge bus drivers with old DUI convictions. |
|
Equality
(econ/social) |
4% |
600 |
1/30/26 |
-0.2% |
2/13/26 |
673.72 |
672.37 |
Disciples
and detractors debate Bad Bunny’s Superbowl halftime show. Gay pride flag ripped away from Stonewall
in New York DHS plans migrant detention facility in Social
Circle, GA after alien truck driver kills 4 in @ crash. “Feeding America” launches new charity
campaign as SNAP ends. |
|
Health |
4% |
600 |
1/30/26 |
-0.2% |
2/13/26 |
417.55 |
416.71 |
POTUS
launches Trump RX to sell pills while Wegovy sues generics to protext its
high prices. New York Times
investigation finds Americans insufficiently concerned with their parents’
health. |
|
Freedom and
Justice |
3% |
450 |
1/30/26 |
+0.1% |
2/13/26 |
482.08 |
482.56 |
Djonald
DeFeated by courts in @, Congress votes down his Canadian tariffs and grand
jury refuses to indict “traitor” Sen. Kelly and the rest of that cabal. Depressed teen sues Meta for “addictive”
apps. Lively/Baldoni settlement
collapses – he wants $400M for his hurt feelings, so it’s going to a jury. |
|
CULTURAL and
MISCELLANEOUS INCIDENTS |
(6%) |
|
||||||
|
Cultural
incidents |
3% |
450 |
1/30/26 |
+0.2% |
2/13/26 |
578.60 |
579.76 |
Seattle
defeats New England in the Superbowl (analyst Donny Deutsch) says ratings
down from 2025) while the Milan Olympics begin - US racks up @ medals so far. MLB spring training opens. “Send Help” wins weak $10M week Box office;
“Melania” slides down to 9th place. RIP: 93 year old woman freezes to death in
@ nursing home. Janes Van der Beek
(Dawson’s Creek), Bud Cort (“Harold and Maude”), Brad Arnold (“Three Doors
Down”), MLB’s Terence Gore, NFL’s Tracy Scoggins and Sonny Jurgensen; 49ers
Kevin White shot, survives. |
|
Miscellaneous
incidents |
4% |
450 |
1/30/26 |
+0.1% |
2/13/26 |
547.26 |
547.81 |
Kid
Rock alternate Superbowl Halftme Show deemed a failure. “Dementia Village” created in @. |
a1 X01 FROM GENIUS
(See relevant pix here)
Aba
Daba Honeymoon Lyrics
"Aba, daba, daba, daba, daba, daba,
dab"
Said the chimpie to the monk
"Baba, daba, daba, daba, daba, daba, dab"
Said the monkey to the chimp
All night long they'd chatter away
All day long there were happy and gay
Swinging and singing in their hunky tonky way
"Aba, daba, daba, daba, daba, daba, dab"
Means 'Monk, I love but you'
'Baba, daba, dab' in monkey talk
Means 'Chimp, I love you, too'
Then the big baboon one night in June
He married them and very soon
Since they came from their aba daba honeymoon
Way down in the Congoland
Lived a happy chimpanzee
She loved a monkey with long tail
(Lordy, how she loved him)
Each night he would find her there
Swinging in the coconut tree
And the monkey gay at the break of day
Loved to hear his chimpie say
"Aba, daba, daba, daba, daba, daba,
dab"
Said the chimpie to the monk
"Baba, daba, daba, daba, daba, daba, dab"
Said the monkey to the chimp
All night long they'd chatter away
All day long there were happy and gay
Swinging and singing in their hunky tonky way
"Aba, daba, daba, daba, daba, daba, dab"
Means 'Monk, I love but you'
'Baba, daba, dab' in monkey talk
Means 'Chimp, I love you, too'
One night they were made man and wife
And now they cry, "This is the life"
Since they came from their aba daba honey-
Aba, daba, daba
Aba, daba honeymoon
Soundtrack: album: Boop
Boop A Doop (2004) by Helen Kane
Songs:
3. Get
Out and Get Under the Moon
4. Is There
Anything Wrong in That
9. Do Something
12. He’s So Unusual
13. Ain’tcha
15. I’d
Go Barefoot All Winter Long
17. I Owe You
19. I’ve
Got “It” (But It Don’t Do Me No Good)
Kane, Helen (1904–1966)
American
actress and singer. Born
Helen Schroeder in the Bronx, New York, on August 4, 1904; died in 1966.
Filmography:
Nothing but the Truth (1929); Sweetie (1929); Pointed
Heels (1929); Paramount on Parade (1930); Dangerous
Nan McGrew (1930); Heads Up (1930).
A vaudeville performer from the age of 17,
Helen Kane made her Broadway debut in the musical A Night in Spain (1927).
In 1928, her squeaky "boop-boop-a-doop" rendition of the song "I
Wanna Be Loved by You," in the musical Good Boy, catapulted
her to a short-lived career in early talkies. Kane was portrayed by Debbie Reynolds in the 1950
film Three Little Words (about the songwriting team of Kalmar
and Ruby), in which Kane provided the off-screen singing.
"Aba Daba
Honeymoon" is a show tune with lyrics by Arthur Fields and music by Walter
Donovan.[1] It was published in 1914
by Leo Feist.[2] It is known through its chorus,
"Aba daba daba daba daba daba dab, Said the chimpie to the monk; Baba daba
daba daba daba daba dab, Said the monkey to the chimp."[3] It was first performed by Ruth Roye, and first recorded in 1914 by the
comic duo team of Collins & Harlan.[4]
People also ask
What is the origin of "Aba Daba
Honeymoon"?
#SillySunday "Aba Daba Honeymoon" was originally written by Arthur Fields & Walter Donovan
in 1914. This version was recorded by Ray Stevens for his
"Encyclopedia of Recorded Comedy Music" box set in 2012 and the music
video was made for his television show "Rayality TV" in 2013.Sep 22, 2024. See: Ray Stevens - Facebook
Is "Aba Daba Honeymoon" a children's
song?
So, this is one of those “kids' songs” that's not entirely a kid song. It's often sited as
“Debbie Reynolds” song – she did sing it in a movie musical, but actually, it
was written and published way before that in 1914. Jul 29, 2014
Aba Daba Honeymoon - Miss Nina
Who originally sang the Abadaba song?
It is known through its chorus, "Aba daba daba daba
daba daba dab, Said the chimpie to the monk; Baba daba daba daba daba daba dab,
Said the monkey to the chimp." It was first performed by Ruth Roye, and first recorded in 1914 by the comic
duo team of Collins & Harlan.
Aba Daba Honeymoon - Wikipedia
What is the meaning behind Abadaba?
slang. a person or thing of little importance. Word
origin. [perh. taken from the nonsensical refrain of a popular song “Aba Daba
Honeymoon” (1904)]
Etymology of Abu Dhabi: (from Attachment “E”)
"Abu" is Arabic for father, and
"Dhabi" is the Arabic word for gazelle. Abu Dhabi means "Father of
Gazelle."[14]
a2 x@
X67 X67 FROM ABC
White House faces questions over UAE royal’s
investment in Trump family’s crypto firm
The controversy centers on a reported $500
million deal with an Emirati royal.
ByLucien Bruggeman and David Brennan
February 2, 2026, 10:12 AM
President Donald Trump’s cryptocurrency firm,
World Liberty Financial, sold a $500 million stake to a member of the Emirati
royal family shortly before his inauguration last January, The Wall Street Journal reported
on Saturday, sparking concerns over a potential conflict of interest.
According to the Journal, which reviewed undisclosed
corporate documents, a firm associated with Sheikh Tahnoon bin Zayed Al Nahyan,
an Abu Dhabi royal who operates an enormous state investment fund, purchased a
49% stake in World Liberty, which is co-owned by Middle East envoy Steve
Witkoff and his family, just four days before the Trump administration swept
into office.
Months later, the Trump administration agreed
to supply the UAE with highly coveted American-made AI chips despite the prior
administration’s concern that they may fall into the hands of the Chinese.
David Wachsman, a spokesperson for World
Liberty Financial, acknowledged the existence of the deal in a statement to ABC
News, but insisted that “neither President Trump nor Steve Witkoff had any
involvement whatsoever in this transaction” and that “any claim that this deal
had anything to do with the Administration’s actions on chips is 100% false.”
“We
made the deal in question because we strongly believe that it was what was best
for our company as we continue to grow. The idea that, when raising capital, a
privately-held American company should be held to some unique standard that no
other similar company would be held is both ridiculous and un-American,” the
statement continued.
David Warrington, the White House counsel,
told ABC News in a statement that “the President has no involvement in business
deals that would implicate his constitutional responsibilities,” and that
“President Trump performs his constitutional duties in an ethically sound
manner and to suggest so otherwise is either ill-informed or malicious.”
But the Journal’s report adds yet another
wrinkle to the U.S. decision to sell highly coveted advanced chips to the
Emiratis.
As ABC News previously reported,
shortly before the chips deal was announced, a UAE-backed investment firm
called MGX announced last May that it would use a digital token minted by World
Liberty Financial to finance a $2 billion investment in a crypto exchange
Binance, a major boon for the firm.
Trump family crypto venture tapped as
part of $2B Emirati-backed investment deal
Shiekh Tahnoon, who is the brother of the
UAE’s president Sheikh Mohamed bin Zayed al-Nahyan, also serves as
MGX’s chairman.
The Biden administration declined to provide
the UAE with the chips, which power some of the most sophisticated weapons on
the planet, for fear they might be redirected into China.
Peter Wildeford, the head of policy at the AI
Policy Network, a nonpartisan advocacy group, warned that could close the
U.S.’s advantage in the AI race and compromise American security.
“If
China gets their hands on these chips at scale, they would be able to launch
cyberattacks against the U.S., they could build autonomous weapons that could
find and sink our Navy ships – they could close the military technology gap
that’s currently keeping us safe,” he said.
World Liberty has emerged as perhaps the most
lucrative of the Trump family’s various business ventures, either in
cryptocurrency or real estate. ABC News reported last year that
the Trump family secured a roughly $5 billion windfall when trading of World Liberty’s
digital token opened.
According to the Journal, Shiekh Tahnoon
agreed to pay half of his investment in World Liberty up front. Based on the
ownership structure of the company at the time, that meant a payment of as much
as $187 million into the Trump family’s coffers on the eve of his return to
office.
Ethics experts said the concept of a foreign
government official secretly directing hundreds of millions of dollars to a
company owned in part by the president has no known precedent – and raises a
host of ethical and national security concerns.
“Maybe
the President would have reached the same decision over the transfer of high
techn [chips] to UAE if he wasn’t also getting money from them,” said Robert
Weissman, the co-president of the advocacy group Public Citizen. “But we’ve got
no way to know that, and we do know there was a lot of opposition inside the
government to do exactly what he has OK’d.”
White House spokeswoman Anna Kelly maintained
that the president “only acts in the best interests of the American public,”
and said that no conflict of interest exists in part because the
president’s assets are held in a blind trust managed by his children.
Typically, a blind trust would operate with an independent trustee.
“President Trump’s assets are in a trust
managed by his children,” Kelly added. “There are no conflicts of interest.”
The Trump Organization did not immediately
respond to a request for comment.
Questions grow over UAE royal’s
investment in Trump family’s crypto firm
Congressional Democrats leapt at new details
in the report, characterizing the transaction as further evidence of alleged pay-for-play.
Sen. Chris Murphy, D-Conn., alleged “mind blowing corruption,” in a post to X.
Sen. Elizabeth Warren, D-Mass., issued a
statement calling the deal “corruption, plain and simple.”
“Foreign countries are bribing our president
to sell out the American people,” Sen. Chris Van Hollen, D-Md., claimed in a
post to X.
Shortly before the chips deal was announced
last May, a UAE-backed investment firm called MGX said it would use a digital
token minted by World Liberty Financial to finance a $2 billion investment in a
crypto exchange Binance. Tahnoon also serves as MGX’s chairman.
MGX is also one of the few companies with a
major ownership stake in the new TikTok U.S. joint venture, with a 15% stake in
the new entity.
ABC News’ Selina Wang contributed to this
report.
A3 X64 X64 from abc
White House faces questions over UAE
royal's investment in Trump family's crypto firm
The
controversy centers on a reported $500 million deal with an Emirati royal.
By Lucien Bruggeman and David Brennan February 2, 2026, 10:12 AM
President
Donald Trump's cryptocurrency firm, World Liberty Financial, sold a $500
million stake to a member of the Emirati royal family shortly before his
inauguration last January, The Wall Street Journal reported
on Saturday, sparking concerns over a potential conflict of interest.
According
to the Journal, which reviewed undisclosed corporate documents, a firm
associated with Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who
operates an enormous state investment fund, purchased a 49% stake in World
Liberty, which is co-owned by Middle East envoy Steve Witkoff and his family,
just four days before the Trump administration swept into office.
Months
later, the Trump administration agreed to supply the UAE with highly coveted
American-made AI chips despite the prior administration's concern that they may
fall into the hands of the Chinese.
David
Wachsman, a spokesperson for World Liberty Financial, acknowledged the
existence of the deal in a statement to ABC News, but insisted that
"neither President Trump nor Steve Witkoff had any involvement whatsoever
in this transaction" and that "any claim that this deal had anything
to do with the Administration's actions on chips is 100% false."
"We
made the deal in question because we strongly believe that it was what was best
for our company as we continue to grow. The idea that, when raising capital, a
privately-held American company should be held to some unique standard that no
other similar company would be held is both ridiculous and un-American,"
the statement continued.
David
Warrington, the White House counsel, told ABC News in a statement that
"the President has no involvement in business deals that would implicate
his constitutional responsibilities," and that "President Trump
performs his constitutional duties in an ethically sound manner and to suggest
so otherwise is either ill-informed or malicious."
But the
Journal's report adds yet another wrinkle to the U.S. decision to sell highly
coveted advanced chips to the Emiratis.
As ABC
News previously reported, shortly before
the chips deal was announced, a UAE-backed investment firm called MGX announced
last May that it would use a digital token minted by World Liberty Financial to
finance a $2 billion investment in a crypto exchange Binance, a major boon for
the firm.
Trump family crypto venture tapped as part of $2B Emirati-backed
investment deal
Shiekh
Tahnoon, who is the brother of the UAE's president, also serves as MGX's chairman.
The Biden
administration declined to provide the UAE with the chips, which power some of
the most sophisticated weapons on the planet, for fear they might be redirected
into China.
Peter
Wildeford, the head of policy at the AI Policy Network, a nonpartisan advocacy
group, warned that could close the U.S.'s advantage in the AI race and
compromise American security.
"If
China gets their hands on these chips at scale, they would be able to launch
cyberattacks against the U.S., they could build autonomous weapons that could
find and sink our Navy ships -- they could close the military technology gap
that's currently keeping us safe," he said.
World
Liberty has emerged as perhaps the most lucrative of the Trump family's various
business ventures, either in cryptocurrency or real estate. ABC News reported last year that the
Trump family secured a roughly $5 billion windfall when trading of World
Liberty’s digital token opened.
According
to the Journal, Shiekh Tahnoon agreed to pay half of his investment in World
Liberty up front. Based on the ownership structure of the company at the time,
that meant a payment of as much as $187 million into the Trump family's coffers
on the eve of his return to office.
Ethics
experts said the concept of a foreign government official secretly directing
hundreds of millions of dollars to a company owned in part by the president has
no known precedent -- and raises a host of ethical and national security
concerns.
"Maybe
the President would have reached the same decision over the transfer of high
techn [chips] to UAE if he wasn't also getting money from them," said
Robert Weissman, the co-president of the advocacy group Public Citizen.
"But we've got no way to know that, and we do know there was a lot of
opposition inside the government to do exactly what he has OK'd."
White
House spokeswoman Anna Kelly maintained that the president "only acts in
the best interests of the American public," and said that no conflict of
interest exists in part because the president's assets are held in a blind
trust managed by his children. Typically, a blind trust would operate with an
independent trustee.
"President
Trump’s assets are in a trust managed by his children," Kelly added.
"There are no conflicts of interest."
The Trump
Organization did not immediately respond to a request for comment.
Questions grow over UAE royal’s investment in Trump family’s crypto firm
Congressional
Democrats leapt at new details in the report, characterizing the transaction as
further evidence of alleged pay-for-play. Sen. Chris Murphy, D-Conn., alleged
"mind blowing corruption," in a post to X.
Sen.
Elizabeth Warren, D-Mass., issued a statement calling the deal
"corruption, plain and simple."
"Foreign
countries are bribing our president to sell out the American people," Sen.
Chris Van Hollen, D-Md., claimed in a post to X.
Shortly
before the chips deal was announced last May, a UAE-backed investment firm
called MGX said it would use a digital token minted by World Liberty Financial
to finance a $2 billion investment in a crypto exchange Binance. Tahnoon also
serves as MGX's chairman.
MGX is
also one of the few companies with a major ownership stake in the new TikTok
U.S. joint venture, with a 15% stake in the new entity.
ABC News' Selina Wang contributed to this
report.
A4 X65 from ny post
Abu Dhabi royal known as ‘spy sheikh’ secretly bought massive stake in
Trump family’s crypto firm: report
By Taylor
Herzlich
Published Feb. 2, 2026, 12:43 p.m. ET
An Abu Dhabi royal known as the “spy
sheikh” reportedly bought a massive stake in the Trump family’s crypto firm for
half a billion dollars in secret just four days before President Trump took
office.
Two months later, the Trump administration
allowed the United Arab Emirates access to 500,000 of the most advanced AI
chips each year – a sharp reversal from Biden-era export curbs, according to The Wall Street Journal.
Sheikh Tahnoon bin Zayed Al Nahyan – a
bearded, wiry man almost never seen without his signature dark sunglasses –
entered into a deal with the Trump family to purchase a 49% stake in World
Liberty Financial, The Journal reported, citing company documents and sources.
See a picture of Tahnoon here.
The deal – which was signed by Eric Trump,
the president’s son – would pay $187 million to the Trump family upfront,
according to the Journal.
It would also set aside $31 million for
entities affiliated with the family of Steve Witkoff, a World Liberty
co-founder and Trump’s longtime golfing buddy who was named US envoy to the
Middle East just a few weeks prior, according to the report.
Tahnoon – the United Arab Emirates’
national security adviser and brother to the Gulf monarchy’s president – had
been pushing the US for access to AI chips after the Biden administration
sought to restrict exports over concerns they could be diverted to China.
It raised questions around whether the deal
violates the emoluments clause of the Constitution, which blocks the president
from receiving profits from foreign governments through his businesses, The
Journal noted.
Tahnoon’s AI firm G42 had earlier raised
concerns among American lawmakers for its close ties to sanctioned Chinese
firms like Huawei, according to the report.
Eric Trump, the president’s son, signed the deal, according to
the Wall Street Journal.
After Trump’s re-election, though, Tahnoon
met with Trump, Witkoff and other US officials several times, including a visit
to the White House in March, sources told the newspaper.
Just a few months later, the Trump
administration granted the UAE access to 500,000 advanced chips yearly
– demanding the equivalent of more than two Hoover Dams worth of power, and
enough to build one of the largest-ever data center sites, according to The
Journal.
Roughly one-fifth of those chips were
slated to go to G42, the report said.
White House spokeswoman Anna Kelly told The
Post that Trump’s assets are in a trust managed by his children and there are
“no conflicts of interest,” and that Witkoff has “spent considerable time away
from his family” on his own dime to advance “goals of peace around the world.”
She accused legacy media outlets of
spreading lies and “lodging smears” against Trump officials.
Tahnoon met with Trump, Witkoff and other US officials several
times, including a visit to the White House in March, sources told The Journal.
“President Trump performs his
constitutional duties in an ethically sound manner and to suggest so otherwise
is either ill-informed or malicious,” White House counsel David Warrington told
The Post.
Warrington said Witkoff has divested from
World Liberty Financial and does not “participate in any official matters that
could impact his financial interests.”
The 49% stake sale would make Tahnoon’s
firm Aryam Investment 1 the largest shareholder in World Liberty Financial, and
add two Aryam execs – who also held top roles at G42 – to World Liberty’s
five-person board, The Journal reported, citing documents.
Tahnoon’s MGX is also involved in the new
TikTok US joint venture and Stargate, a $500 billion data center project.via REUTERS
A few weeks before the
UAE chips deal was announced in May, World Liberty CEO Zach Witkoff – Steve
Witkoff’s son – announced that MGX, another Tahnoon-backed company, would use
World Liberty’s stablecoin to complete
a $2 billion investment in Binance.
That helped skyrocket
World Liberty’s stablecoin – USD1, which is pegged to the US dollar – up the
rankings of the largest stablecoins, according to The Journal.
In October 2025, Trump
pardoned Binance founder Changpeng Zhao, who had pleaded
guilty to violating anti-money laundering rules. People close to UAE royals had
been pressuring the Trump administration to pardon Zhao, The Journal reported.
55
Tahnoon’s MGX is also one of the investors
behind the new joint venture operating TikTok in the US, under a deal
negotiated by the Trump administration.
MGX is also one of the investors backing
Stargate, a $500 billion data center project involving OpenAI and SoftBank that
Trump unveiled on his first full day in office, but has yet to announce much
progress.
Trump’s son-in-law Jared Kushner also
raised $1.5 billion for his investment firm in 2024 from a Tahnoon-backed
company, according to The Journal.
A5
X71 X71 FROM BINANCE
UAE Enters The Phase of Blockchain, The Blockchain
Center Abu Dhabi and Binance Research Finds
2026-02-09
Main
Takeaways
·
New
research released by The Blockchain Center Abu Dhabi finds that the UAE is moving
from blockchain experimentation to regulated, large-scale deployment across finance, governance, and public-sector
efficiency.
·
The report highlights how the UAE’s layered regulatory framework
is enabling institutional adoption across payments, tokenization, custody, and
market infrastructure, positioning blockchain as part of the country’s economic
operating layer.
·
The Blockchain Center Abu Dhabi has collaborated with Binance as
a co-author, recognizing Binance’s role in building institutional-grade digital
asset infrastructure within the UAE’s regulated environment.
The UAE’s
blockchain story is increasingly defined by execution rather than
experimentation.
A new flagship research report released by The Blockchain Center Abu Dhabi
highlights the country’s transition toward regulated, large-scale blockchain
deployment across finance, governance, and public-sector efficiency. At the center of that shift is
layered regulatory design which has created the conditions for
institutions to move beyond pilots and begin integrating blockchain into
payments, tokenization, custody, and market infrastructure.
As part of this initiative, The Blockchain
Center Abu Dhabi has collaborated with Binance as a co-author, recognizing
Binance’s evolution from a global crypto exchange to a core provider of
institutional-grade digital asset infrastructure globally and within the UAE’s
regulatory environment.
FROM
EXPERIMENTATION TO EXECUTION AT NATIONAL SCALE
The report highlights that the UAE has moved
into an execution phase defined by scale, regulatory clarity, and institutional
adoption. Domestic payment
systems processed over AED 20 trillion in transfers in the first ten months of
2025, while the UAE continues to rank among the world’s largest
remittance-origin countries.
The report also cites a set of behavioral and
market indicators that shape demand for modern settlement rails, including that
95% of UAE residents send
international remittances at least once per year, more than 71% of UAE
e-commerce payments are completed using cards or mobile wallets, and
cross-border flows supported by the UAE economy exceed $40 billion annually.
Against this backdrop, blockchain use cases are increasingly acknowledged as
tools that can improve settlement speed, transparency, and operational
efficiency when deployed responsibly.
A SHIFT
TOWARD INSTITUTIONAL MARKET STRUCTURE
The core theme revolves around structural shift in the UAE’s
blockchain ecosystem. It has evolved from early-stage startups to a dense,
institutional landscape spanning regulated exchanges and custodians,
payment providers, tokenization platforms, infrastructure vendors, enterprise
solution providers, banks, and multinational technology firms.
Commenting on the findings, Abdulla Al
Dhaheri, CEO of The Blockchain Center Abu Dhabi, said: “The UAE has created an
environment where regulators, financial institutions, and technology providers
can work together to deploy blockchain in a controlled and meaningful way. The
result is an ecosystem focused on real use cases, regulatory clarity, and
long-term financial infrastructure.”
He added that the report captures the
transition from experimentation to supervised deployment, showing how global
platforms such as Binance are increasingly participating within locally
regulated market structures rather than operating on the periphery.
BLOCKCHAIN
AS ECONOMIC INFRASTRUCTURE
The
report positions blockchain as national economic infrastructure, comparing its
trajectory to other foundational technologies that reshaped economies. It
highlights regulated deployments across real-world asset tokenization,
stablecoins and AED-backed tokenized deposits, payments and wholesale
settlement platforms, and blockchain-powered trade, logistics, and government
services.
Digital public infrastructure is also scaling
in parallel. The UAE Pass serves 11 million users and has processed over 2.5
billion authentications, reflecting the scale of digital identity usage across
the country. This further points to the role of sovereign and quasi-sovereign
capital – with more than $2.5 trillion in assets under management – in
supporting and scaling compliant blockchain initiatives.
Binance
Within the UAE’s Institutional Blockchain Framework
The UAE’s emphasis on regulated, large-scale
digital asset infrastructure is reflected by choosing Binance to operate
locally as an ADGM FSRA-regulated entity. MGX’s $2 billion investment into
Binance in 2025, executed using regulated stablecoin infrastructure, is another
signal of the UAE’s commitment to production-grade digital finance and its
growing credibility as a hub for globally scaled platforms.
Tarik Erk, Regional Head for MENAT and Senior
Executive Officer, Abu Dhabi at Binance, said: “What distinguishes the UAE is
not just innovation, but execution within a regulated, institutional-grade
framework. This research reflects how blockchain is now being deployed across
payments, tokenization, custody, and market infrastructure as part of the
country’s core economic systems. Binance’s participation in this initiative
reflects our long-term commitment to operating within these structures and
supporting the UAE’s vision for secure, scalable, and compliant blockchain
infrastructure that serves real economic use cases.”
FINAL
THOUGHTS
This report presents the UAE as a global
benchmark for moving blockchain from promise to production, showing what
becomes possible when regulation, capital, and ecosystem coordination reinforce
each other. The shift to real deployments becomes practical when there’s a
market structure that has clear rules, credible supervision, and institutional
participation that make blockchain systems dependable enough to support real
economic activity at national scale, and relevant enough to compete globally.
At Binance, our focus is to support this next
phase in practice through regulated operations, institutional-grade
infrastructure, and ecosystem partnerships that help blockchain move from
pilots to services people and institutions can rely on.
A6 X72 FROM
FORBES
Binance—Whose Founder Was Pardoned—Now Holds 87% Of
Trump’s Stablecoin
By
Zach Everson, Feb 09, 2026, 02:37pm
ESTFeb 10, 2026, 01:35pm EST
Binance holds about 87% of USD1, the
stablecoin issued by a Trump family crypto venture—a greater concentration than
any other major stablecoin has at a single exchange—underscoring the depth of
the financial relationship between Binance, whose founder Trump pardoned in
October, and World Liberty Financial, which already has added an estimated $1
billion to President Donald Trump’s net worth.
Between its own wallets and its users’
accounts, Binance holds approximately 87% of all
USD1 in circulation—roughly $4.7 billion of the $5.4 billion total supply—the
highest concentration at any third-party exchange among the top 10
stablecoins by market cap as of Monday, according to a Forbes
analysis of data from Arkham Intel, a blockchain analytics platform.
World Liberty Financial may be deepening that
concentration: In late January, two days after Binance announced a promotion where USD1
holders would be awarded $40 million in one of World Liberty Financial’s other
crypto products, $WLFI, Trump’s crypto venture transferred about
that much worth of $WLFI to Binance, according to Arkham.
Binance is prohibited from serving U.S.
customers under the terms of its 2023 settlement with the Treasury Department,
meaning if the rules are properly followed, the 87% of USD1 kept in
Binance-controlled wallets would mostly be held on behalf of customers outside
the United States.
A Trump-affiliated
LLC owns about 38% of World Liberty Financial, which stands to
profit from its stablecoin by investing
the dollars backing USD1 in assets like U.S. Treasurys, keeping
the interest (currently around 3.6%).
In
2025, the Securities and Exchange Commission dropped its lawsuit against Binance for
alleged securities law violations just days after the exchange first listed
USD1, and in October, Trump pardoned its co-founder and former
CEO Changpeng “CZ” Zhao, who pleaded guilty in 2023 to failing to
maintain an effective anti-money laundering program.
Binance told Forbes its involvement with USD1
is similar to what it provides for other cryptocurrencies, “it is not uncommon
for large exchanges to hold large amounts of certain tokens,” and there is no
connection between Zhao’s pardon and Binance’s promotions of USD1; World
Liberty Financial called the promotions “standard practice” and said any
suggestions Binance can influence the company are “patently false;” Zhao’s attorney called the
pardon an effort to “rectify an injustice;” and White House press secretary
Karoline Leavitt said Trump has never and will never engage in conflicts of
interest.
Molly White, an independent
crypto researcher, told Forbes the concentration is unusual, though
“not terribly surprising” given Binance’s USD1 promotions, which she called the
most generous she’s seen. She said there is “at least theoretical risk” when a
token is highly concentrated at one exchange—such as assets being locked in
bankruptcy proceedings—and the
concentration gives Binance “some degree of leverage” over World Liberty
Financial, especially since some of the 87% is likely assets the exchange owns
rather than holds on behalf of customers.
CONTRA
“Any
implication that Binance can exert control or influence over World Liberty
Financial is patently false,” World Liberty Financial spokesperson David
Wachsman told Forbes,
comparing the Binance listing to consumer brands being “happy to have shelf
space at Walmart.” He also noted the company has run promotions at other
exchanges. A Binance spokesperson said its involvement with USD1 is “limited to
standard listing, infrastructure, and market-access services that we provide to
a wide range of projects on consistent terms” and it employs “robust risk management measures” to
provide a “secure and stable trading environment.”
CRUCIAL
QUOTE
“It’s rare to see @heyibinance highlight a
project,” World Liberty Financial co-founder and COO Zak Folkman posted on X
after the promotion was announced.
Binance’s
Usd1 Holding Stands Out Among Top Stablecoins

Binance holds a higher percentage of USD1 than
any other exchange holds of any stablecoin in the top 10 by market
capitalization. Market-cap rankings via DefiLlama; exchange holdings from
Arkham, Feb. 9, 12–1 p.m. EST.
In May,
World Liberty Financial co-founder and CEO Zach Witkoff said MGX, a
state-backed Abu Dhabi fund, would use $2 billion worth of USD1 to invest in
Binance—effectively placing $2 billion of reserves with USD1’s custodian and
boosting interest income for World Liberty Financial’s owners. The transaction
also helped lift USD1’s market cap, improving its scale and visibility. A Binance spokesperson previously told Forbes it “did not
control the payment method chosen by MGX,” while an MGX representative said her
company selected USD1 for its business suitability, the currency of its backing
assets and its “compliance history” (though stablecoin was brand new at the
time). Then in December, World Liberty Financial said Binance would convert the assets it had set aside to
back a token tied to its sunsetting stablecoin, BUSD, into USD1. That
move “further embedd[ed] the stablecoin within the exchange’s ecosystem,”
making it “an integral part of Binance’s updated collateral structure,”
according to World Liberty Financial’s announcement. In its gold paper, World
Liberty Financial described itself as “pioneering a new era of Decentralized Finance.”
WHAT
IS TRUMP’S LINK TO WORLD LIBERTY FINANCIAL?
World Liberty Financial, which launched in
September 2024, was “inspired
by the vision of Donald J. Trump” and lists him as its co-founder emeritus,
alongside co-founders Donald Trump Jr., Eric Trump and Barron Trump. An
LLC affiliated with Trump and some family members owns about 38% of World
Liberty Financial and 22.5 billion $WLFI tokens and the LLC is entitled to 75%
of the proceeds from sales of $WLFI, per the small print on its website. Trump reported making $57.4 million from World Liberty
Financial on his latest financial disclosure, which appears to
cover the 12 months ending in December 2024, income he receives through the
Donald J. Trump Revocable Trust. He is its sole donor and beneficiary, while
Donald Trump Jr. serves as the trustee. The Trump Organization confirmed
in an April regulatory filing in the United Kingdom that Trump retains control over his businesses
while in office.
WHAT
WE DON’T KNOW
Beyond the $2 billion it has from MGX, it’s
not clear how much of the $4.7 billion of USD1 in Binance’s accounts is owned
by the exchange and how much is owned by its customers. Corey Frayer, a former senior adviser on crypto
markets to the SEC chair during the Biden administration, told Forbes the
concentration “suggests that USD1 was never meant to be a real stablecoin,” but
just a way to funnel money to Trump. Frayer noted that Binance
previously has been charged with wash-trading through the Zhao-owned Sigma
Chain AG, adding, “We actually don’t know who controls those other accounts.”
Binance's attorneys denied the wash-trading allegations in a
court filing, and Trump’s SEC dropped the case in May 2025.
SURPRISING
FACT
Binance’s U.S. affiliate, Binance US, holds just $1,119 of USD1, according to Arkham Intel.
That so little USD1 is held in Binance’s U.S. company “strongly suggests” it’s
mostly foreign entities making these deals with World Liberty, Frayer said.
HEIGHTENED
SCRUTINY OF TRUMP CRYPTO DEALINGS
On Jan. 31, the Wall Street Journal reported that in
January 2025, just days before Trump returned to the White House, Eric Trump signed a deal with
lieutenants of Sheikh Tahnoon bin Zayed Al Nahyan—who heads multiple
United Arab Emirates investment funds, is the country’s national security
advisor and is the deputy ruler of Abu Dhabi—to sell him 49% of World Liberty
Financial for $500 million. Tahnoon is also the chair of MGX, the UAE-backed
technology investment fund that used $2 billion worth of USD1 to invest in
Binance. Tahnoon’s stake does not entitle him to any proceeds from the sales of
$WLFI, the Journal reported, citing company documents. The deal also placed two
associates of Tahnoon on World Liberty Financial’s five-member board. On Wednesday, Rep. Ro Khanna,
D-Calif., the ranking member on the House Committee on China, launched an investigation into whether
the deal influenced U.S. policies on AI chip exports to China, demanding World
Liberty Financial turn over info on its $500 million deal with Tahnoon.
White House counsel David Warrington told the Journal “the president has no
involvement in business deals that would implicate his constitutional responsibilities.”
WHAT
TO WATCH FOR
Whether USD1’s concentration at Binance
persists after the $40 million WLFI promotion ends on Feb. 20—or whether
holders ditch or move the currency at that point. Rep. Khanna has set a March 1
deadline for World Liberty Financial to produce records.
WHAT’S
THE DIFFERENCE BETWEEN $WLFI AND USD1?
$WLFI is
a governance token World Liberty Financial began selling in October 2024 to
accredited and foreign investors. The tokens do not represent ownership in any
company, are not backed by underlying assets and were originally
non-transferable until holders voted in July to unlock some of them. They just
allow holders to vote on decisions affecting the project. USD1,
announced in March 2025, is a stablecoin meant to be redeemable 1-to-1 with
U.S. dollars and backed by dollars and U.S. government money markets. Binance
account holders are currently receiving $WLFI tokens in exchange for holding
USD1 via the promotion.
BIG
NUMBER
235 million: The amount of $WLFI tokens World
Liberty Financial transferred to Binance, ostensibly to fund the promotion.
TANGENT
Cryptocurrencies
have been plummeting recently, with bitcoin
down around 45% from its all-time high in October 2025
and ethereum down
57% from its August peak as of noon Monday, according to CoinGecko. $WLFI hit an all-time low of $0.09831 on
the public markets on Sunday down 66% from its all-time high—but still two to
seven times higher than what early backers paid.
FORBES
VALUATION
Forbes estimates
Donald Trump is worth about $6.4 billion today,
an increase of about $2.1 billion since his election to a second term in
November 2024. World Liberty Financial's token added about $1 billion to his net worth,
as of October 2025.
A7 FROM FORBES
As Trump Defends Foreign Workers, His
Company Sought Record Number In 2025
By Zach
Everson Nov 12, 2025, 03:20pm EST
When President Donald Trump defended the need for foreign
workers on Fox News on Tuesday, he echoed his own company’s practices: The
Trump Organization has requested a record 184 of them this year for Mar-a-Lago
and other properties.
The Trump Organization sought to bring in at least 184 foreign
workers in 2025 for temporary positions at Mar-a-Lago, two golf clubs and a
Virginia winery through H-2A and H-2B visas, according to data from
the Department of Labor.
The company’s visa requests have risen steadily in recent years,
from 121 in 2021 to a record 184 in 2025.
During Trump’s five years in office, the Trump Organization
filed to bring in at least 566 foreign workers.
The jobs—primarily servers, clerks, housekeepers, kitchen staff
and farm workers—pay between $15.58 and $27.91 an hour, per Department of Labor
listings.
Spokespeople for the Trump Organization did not immediately
respond to inquiries, while the White House would not comment.
Big Number
2,033: The total number of foreign workers the Trump
Organization has sought to hire since 2008, the earliest year for which data is posted on the Labor Department’s website.
News Peg
Trump said Tuesday on Fox News’s “The Ingraham Angle”
that H-1B visas—which, unlike those his businesses use, target highly skilled
workers in specialized fields such as engineering, accounting and the arts—were
necessary to bring workers with “certain talents” to the United States. In
September, Trump imposed a $100,000 payment on many H-1B visa petitions.
Crucial Quote
“If you want to raise wages for American
workers, you can’t flood the country with tens of thousands or hundreds of
thousands of foreign workers,” host Laura Ingraham said during the interview.
PROMOTED
Contra
U.S. law allows companies to hire foreign workers through
temporary visas when they can’t fill jobs with U.S. applicants, according to
U.S. Citizenship and Immigration Services. The Trump Organization has
repeatedly made use of two such programs—H-2A for agricultural workers, like
those at his Virginia winery, and H-2B for hospitality jobs at clubs like
Mar-a-Lago. To use these programs, businesses must first get approval from the
Labor Department, then petition the Department of Homeland Security, before the
State Department issues visas abroad.
What We Don’t Know
It’s unclear where the Trump Organization’s
foreign workers are coming from. The Labor Department does not disclose the
nationalities of H-2A and H-2B visa holders, though citizens of about 90 countries are eligible for them.
Key Background
Three Trump properties among those most
frequented by the president—Mar-a-Lago and his golf clubs in Bedminster, New
Jersey and West Palm Beach, Florida—sought foreign workers for 2025. The first
two properties were at the center of a Justice Department investigation for
allegedly improperly storing classified documents, which was dropped after his reelection in November 2024. Trump can
earn income from his businesses while in office through the Donald J. Trump
Revocable Trust, the same vehicle he used during his first term. He is its sole
donor and beneficiary, while Donald Trump Jr. serves as the trustee. The Trump
Organization confirmed in an April regulatory filing in the United Kingdom that
Trump retains control over his businesses while in office.
What To Watch For
The Trump winery is expected to apply in
December for visas for 2026, based on its filings in recent years.
Tangent
At least two Coast Guard Exchanges—government-run
retail stores that provide service members and their families with access to
tax-free consumer goods—carried Trump wines and ciders before selling out, as
Forbes previously reported.
Forbes Valuation
Forbes estimates Donald Trump is worth about $6.5
billion today, with much of his wealth coming from crypto these days, rather
than real estate and golf clubs.
A8 FROM EUROMAIDENX12 X12
Abu
Dhabi: the scaffolding beneath peace—and the house nobody is building
Prisoners
come home. The hard questions don’t even have a table yet.
by Matthew
Parish 07/02/2026
When diplomats label a meeting
“peace talks”, they usually mean negotiations over the core political questions
that decide whether a war ends, on what terms, and with what risk of
resumption. The current Ukraine–Russia–US meetings in Abu Dhabi do not yet meet
that description. What is taking place is narrower, more cautious, and more
revealing for precisely that reason.
Abu Dhabi is about the plumbing
beneath peace: the pipes, valves, and pressure gauges without which a ceasefire
cannot function.
Abu Dhabi is about the plumbing
beneath peace: the pipes, valves, and pressure gauges without which a ceasefire
cannot function, but which do not themselves decide the shape of the house.
That distinction matters because plumbing can work perfectly while the building
above remains uninhabitable.
A MOMENT OF FOCUS
One detail from the talks captures
their character more clearly than any communique. Russia is reported to have
demanded that Ukraine withdraw from the entirety of Donetsk Oblast as a
precondition to further discussions. Ukraine has rejected that demand and has
instead argued for freezing the conflict along the current front lines.
A requirement that one side vacate
territory it still controls before peace talks even begin tells us how far the
parties are from a political settlement.
Nothing else needs to be added. A
requirement that one side vacate territory it still controls before peace talks
even begin tells us how far the parties are from a political settlement. It
also explains why so much of the Abu Dhabi agenda has retreated into
technicalities.
WHAT IS ACTUALLY ON THE TABLE
The most tangible outcome
publicised after the second round of meetings is a major prisoner exchange: 157
prisoners of war returned by each side. The US envoy, Steve Witkoff,
described this as flowing from “constructive” discussions focused on
“conditions for a durable peace”.
Reporting points to a cluster of
issues that all sit firmly in the category of making conflict management
possible rather than ending the conflict.
Prisoner exchanges are
humanitarian, visible, and technically manageable precisely because they do not
require either Ukraine or Russia to concede on sovereignty or borders. They are
also historically common in wars that are far from ending.
Beyond this, reporting points to a cluster of issues that all sit firmly in the
category of making conflict management possible rather than ending the conflict
itself:
The restoration of high-level
US–Russia military-to-military communication is presented as a measure to
reduce the risk of escalation.
Discussion of an energy-related
truce and alleged violations of it, probing whether limited ceasefire
arrangements can be made to hold in practice.
The Zaporizhzhia nuclear power
plant, both a strategic infrastructure and a latent hazard, is a test case for
how any form of “international cooperation” might operate over territory Russia
occupies, while Ukraine insists the plant must return to its control.
These are not trivial matters.
They are, however, implementation questions: where forces would stand, what
would be monitored, which infrastructure would be insulated from attack, and
which rules militaries would follow to avoid accidents. They are the mechanics
of a ceasefire, not the constitutional settlement of a war.
WHO IS IN THE ROOM
The level of representation
reinforces that point.
On the US side, the visible
figures are Steve Witkoff, President Trump’s special envoy, and Jared
Kushner, alongside him. The Secretary of State, Marco Rubio, has commented
from Washington rather than leading a delegation on site.
Parallel tracks involve senior
military officers, including the commander of US European Command, in restoring
military communications, while the Treasury Secretary, Scott Bessent,
signals that sanctions remain a separate lever.
Ukraine is represented
by Rustem Umerov, Secretary of the National Security and Defense Council,
who has stressed “concrete steps and practical solutions”. Ukraine’s foreign
minister, Andrii Sybiha, remains active diplomatically but is not
presented as the principal negotiator in Abu Dhabi, again suggesting a
working-group process rather than a final political bargain.
PEACE, WHEN IT COMES, WILL REQUIRE
DECISIONS THAT ONLY A VERY SMALL CIRCLE CAN TAKE.
On Russia’s side, the most
prominent figure is Kirill Dmitriev, who has been involved in discussions
about restoring Russia–US relations and possible economic cooperation. Russia’s
foreign minister is not the public face of the talks. Nor is there a clear
indication that Moscow has delegated the authority required to trade territory,
security guarantees, and sanctions relief as a single package.
Peace, when it comes, will require
decisions that only a very small circle can take: heads of state, foreign
ministers empowered to commit, defense leadership able to translate commitments
into orders and, for Ukraine, arrangements that can withstand constitutional
and democratic scrutiny. Abu Dhabi does not yet have that profile.
WHY PLUMBING IS ALL THAT IS POSSIBLE
There is a structural reason these
talks gravitate towards the technical.
The central questions of a
sustainable peace are brutal:
Territory, including legal status,
the rights of people living under occupation, and the practicalities of
movement across any line.
Security guarantees, where
Ukraine’s insistence on robust external commitments collides directly with
Russia’s resistance to arrangements she sees as hostile.
Sequencing and enforcement: who
moves first, how violations are verified, and what follows if they occur.
Justice and accountability, which
may be deferred but cannot be erased.
Against that background, Abu Dhabi
functions as a site for partial agreements and risk management. Prisoners can
be exchanged. Hotlines can be restored. A nuclear facility can be discussed in
operational terms. None of this requires either side to concede the logic of
its war aims.
That is the language of process
engineering, not of final-status negotiation.
Rubio’s public framing is telling.
He has spoken of “technical military teams” and warned that progress may not be
visible until a “breakthrough”. That is the language of process engineering,
not of final-status negotiation.
THE DANGER AT THE CENTER
This is the point at which
technical talks become politically dangerous.
Russia is able to pursue
maximalist demands, such as insisting on Ukrainian withdrawal from Donetsk,
while simultaneously benefiting from warmer channels with Washington. These
channels are not abstract. They mean restored military communications, reduced
risk of direct US–Russia incidents, exploratory economic discussions, and the
quiet erosion of Russia’s diplomatic isolation.
None of that depends on Russia
making concessions to Ukraine.
For the United States, technical
progress allows claims of momentum and responsibility without forcing immediate
choices over sanctions relief, security guarantees, or enforcement mechanisms.
A process branded as “peace talks”
can become diplomatic cover for Russian rearmament.
Ukraine, meanwhile, faces a more
delicate calculation. Kyiv participates because not participating carries its
own risks. Refusing talks would be portrayed as intransigence, potentially
weakening Western support.
Participation keeps Ukraine inside the room where decisions affecting her
security environment are being shaped. It also delivers real, if limited,
gains: prisoners returned home, some restraint on attacks against energy
infrastructure, and channels to expose violations.
But the risks are real. A process branded as “peace talks” can become
diplomatic cover for Russian rearmament, repositioning, and consolidation under
improved international conditions. Technical success can create the illusion
that the scaffolding is the house.
WHY UKRAINE STAYS ENGAGED
From a legal and strategic
perspective, Ukraine’s participation is best understood as defensive diplomacy.
She does not concede that Abu Dhabi is a peace process in the full sense. She
treats it as conflict management, aimed at minimizing harm while preserving her
legal position on sovereignty, occupation, and aggression.
The calculation is that limited, concrete deliverables may be worth the risk,
provided the distinction between plumbing and peace is maintained publicly and
politically.
So are these peace talks?
They are connected to peace, but
they are not peace itself. Abu Dhabi is, for now, about making a ceasefire or a
later settlement technically possible and about managing escalation risks,
while the central political bargain remains untouched.
The test is straightforward. When
delegations are led by figures who can credibly trade territory, security
guarantees, and sanctions relief in one package, and when the agenda is
described openly in those terms, the process will have moved from plumbing to
architecture. Until then, the danger lies not in the talks themselves, but in
outsiders mistaking their outputs for a settlement.
a9 X13 X13
From gulf news
Abu Dhabi’s diplomatic moment: Why the
UAE has become a global hub for peace negotiations
In a fractured world, UAE offers what great powers cannot: trust,
neutrality and access
Kristian
Alexander, Special to Gulf News Last
updated: February 06, 2026 | 13:00
The physical location of talks affects
diplomatic outcomes because peace negotiations are not sterile political
transactions. They are human encounters shaped by fear, suspicion, and
political calculation.Shutterstock
Peace negotiations rarely hinge
solely on what is discussed. The where, the venue chosen by parties locked in
hostility, often shapes the psychological environment and geopolitical context
within which diplomacy unfolds. A negotiation site is more than a backdrop: it
signals intent, inspires confidence, and offers neutrality at a moment when
mistrust is often at its peak. Across decades of regional and extra-regional
diplomacy, three Gulf states - Oman, the United Arab Emirates, and Qatar - have
emerged as preferred venues for high-stakes mediation. Their rise as
negotiation hubs is not accidental. Rather, it reflects a sophisticated
statecraft that blends neutrality, logistical capability, diplomatic
discretion, and a strategic desire to project soft power.
From Oslo to Geneva, history
underscores that where adversaries meet can be as consequential as what they
discuss. In recent years, a distinct pattern has emerged: smaller, neutral
nations, particularly Oman, the United Arab Emirates, and Qatar, have become
the go-to stages for some of the world’s most intractable conflicts. Their
allure is not an accident. It is a calculated asset, and their significance
reveals a profound truth about modern conflict resolution: the environment must
cultivate peace before the parties can articulate it.
Shift in global order
This shift in diplomatic
geography reflects broader changes in the international system. The rise of
these venues signals a shift in the global order. As the UN Security Council
remains frequently paralysed by vetoes and major powers become “prisoners of
their own declared positions,” countries like Oman, the UAE, and Qatar have
filled the vacuum. They offer what traditional great powers increasingly
cannot: practical, discreet, and politically acceptable spaces for adversaries
to meet.
Also Read:Why stability remains the UAE’s most enduring foreign policy principle
Nowhere has this transformation
been more visible than in the UAE. Abu Dhabi has developed into one of the
world’s most important diplomatic hubs, a place where dialogue occurs not
because of ideological alignment, but because the UAE has built a reputation as
a stable, trusted, and forward-looking convening power. In an era of
fragmentation, the Emirates provide something increasingly rare: a venue where
parties who cannot talk anywhere else can still meet.
The significance of venue in a fractured world
The physical location of talks
affects diplomatic outcomes because peace negotiations are not sterile
political transactions. They are human encounters shaped by fear, suspicion,
and political calculation. A neutral and well-regarded venue lowers the
temperature, reduces symbolic pressure, and provides procedural fairness.
Delegations must feel, emotionally and practically, that they can speak openly,
securely, and without manipulation.
Also Read: A step towards peace: Trilateral Ukraine talks conclude in Abu Dhabi
The Gulf’s diplomatic rise stems
partly from this unique ability to create controlled, predictable, and
confidential environments. Oman’s discreet mediation between Iran and the
United States, which laid the foundation for the Joint Comprehensive Plan of
Action JCPOA, remains a defining example of regional quiet diplomacy. Qatar’s
role in hosting US–Taliban negotiations and facilitating hostage-release
mechanisms further demonstrated the Gulf’s capacity to step in where others
cannot.
But it is the UAE that has
increasingly become the epicentre of this new diplomatic landscape. Abu Dhabi’s
approach is pragmatic, coordinated, and anchored in the Emirates’ broader
foreign-policy identity: a state committed to stability, global engagement, and
problem-solving.
Abu Dhabi’s diplomatic model
The UAE’s rise as a negotiation
venue rests on several interlocking strengths. First, its balanced foreign
policy allows it to maintain robust relationships with states across rival
geopolitical blocs, from Washington and European capitals to Moscow, Beijing,
and key actors throughout the Middle East. This breadth gives Abu Dhabi the
rare ability to host adversaries who would reject each other’s allies as
potential venues.
Also Read:Yemen: Wisdom over noise in times of regional crisis
This geopolitical flexibility
was on full display during the Russia–Ukraine exchanges that unfolded in the
UAE. The Russia-Ukraine talks hosted in Abu Dhabi at the beginning of February
2026, demonstrated this: a location accessible, secure, and symbolically
distant from the Euro-Atlantic sphere. The UAE’s contribution is efficiency and
a forward-looking, deal-oriented environment. It appeals to parties who want to
project a sense of moving beyond conflict toward reconstruction and future
normalcy.
The second pillar of the UAE’s
diplomatic model is logistical excellence. Peace negotiations require
exceptional administrative coordination, secure facilities, confidential
communications, controlled media exposure, and trusted intermediaries. Abu
Dhabi’s ability to deliver this technical precision makes it one of the most
appealing venues for negotiations involving politically sensitive or high-risk
exchanges.
Also Read:From innovation to digital sovereignty: How UAE is shaping the global
technology order
Third, the UAE’s diplomatic
culture is grounded in pragmatism. Emirati officials tend to focus on
deliverables, humanitarian outcomes, and incremental trust-building rather than
grand ideological narratives. This resonates particularly well with actors
seeking a venue that does not impose political frameworks onto the talks.
Delegations often describe the Emirates as offering a professional, calm, and
forward-looking atmosphere, one that encourages agreement rather than
confrontation.
A new centre of diplomatic gravity
It is no coincidence that Abu
Dhabi has hosted talks ranging from humanitarian exchanges to sensitive
political discussions involving regional rivals and global powers. As other
diplomatic channels narrow, the UAE has become a rare space where adversaries
can sit together without the symbolism or scrutiny that accompanies
negotiations in more traditional capitals.
Also Read:UAE’s Principles of the 50: A doctrine, not a document
The UAE’s uniqueness lies in its
ability to convene actors across the widest geopolitical spectrum. It offers
neutrality without passivity, security without rigidity, and logistical
excellence without political pressure. In a world where diplomatic trust is
diminishing, Abu Dhabi offers a venue where trust can be cautiously rebuilt.
A10X15 X15
FROM WOOD TV
Russia and Ukraine envoys meet in Abu Dhabi for 2 days
of US-brokered talks
by: KAMILA HRABCHUK, Associated
Press
Posted: Feb 4, 2026 / 11:40 AM EST Updated: Feb 4, 2026 / 11:41 AM EST
KYIV,
Ukraine (AP) — Envoys from Moscow and Kyiv met in Abu Dhabi on Wednesday for
another round of U.S.-brokered talks on ending the almost four-year war, as a
Russian attack using cluster munitions killed seven people at a market in
Ukraine.
The
delegations from Moscow and Kyiv were joined in the capital of the United Arab
Emirates by U.S. special envoy Steve Witkoff and U.S. President Donald Trump’s
son-in-law, Jared Kushner, according to Rustem Umerov, Ukraine’s National
Security and Defense Council chief who attended the meeting.
“The
discussions were substantive and productive, focusing on concrete steps and
practical solutions,” Umerov said on social media as the first of two days of
talks wrapped up.
U.S. Secretary of State Marco Rubio
said that a breakthrough in the talks may not come for a while but the Trump
administration has made great progress on negotiations over the past year.
“That’s the good news,” Rubio told reporters
Wednesday. “The bad news is that the items that remain are the most difficult ones.
And meanwhile the war continues.”
Kremlin
spokesman Dmitry Peskov wouldn’t offer any details on the talks and said that
Moscow wasn’t planning to comment on their results.
He
said that “the doors for a peaceful settlement are open,” but that Moscow will
proceed with its military campaign until Kyiv meets its demands.
Last month’s discussions in Abu Dhabi, part of a U.S. push to end the fighting,
yielded some progress but no breakthrough on key issues, officials said.
The current talks also coincide with
the expiry of the last remaining nuclear arms pact between Russia and the
United States on Thursday. Trump
and Russian President Vladimir Putin could extend the terms of the treaty or
renegotiate its conditions in an effort to prevent a new nuclear arms race.
ENERGY NETWORKS TARGETED
The
Abu Dhabi talks were held as Ukrainians were outraged over major Russian
attacks on their energy system, which have occurred each winter since Russia
launched its all-out invasion of its neighbor on Feb. 24, 2022.
A
huge Russian bombardment overnight from Monday to Tuesday included hundreds of
drones and a record 32 ballistic missiles, wounding at least 10 people. This
came despite Ukraine’s understanding that Putin had told Trump that he would
temporarily halt strikes on Ukraine’s power grid.
Ukrainian
civilians are struggling with one of the coldest winters in years, which saw
temperatures dip to around minus 20 degrees Celsius (minus 4 degrees
Fahrenheit).
About
60 foreign ambassadors took part in an organized visit Wednesday to a Kyiv
thermal power plant that was almost completely destroyed by missiles and drones
in the Monday night attack. The plant provided heating to about 500,000 people.
Russia
is hitting Ukraine’s energy facilities because its armed forces believe the
targets are associated with Kyiv’s military effort, Peskov said.
There
has been a lack of clarity about how long Putin had promised to observe a pause
on power grid attacks.
Trump
said Tuesday at the White House that Putin had agreed to halt strikes for a
week, through Feb. 1, and that the Russian leader had kept his word. But
Zelenskyy said Tuesday that “barely four days have passed of the week Russia
was asked to hold off,” before Ukraine was hit with new attacks, suggesting
that the Ukrainian leader wasn’t fully aware of the terms of the Trump-Putin
agreement.
Meanwhile,
White House press secretary Karoline Leavitt said that Trump was “unfortunately
unsurprised” by Moscow’s resumption of attacks.
On
Wednesday, more than 200 repair crews were at work in Kyiv to restore power,
according to the Ukrainian Energy Ministry, which said that staff were
exhausted and would be rotated. More than 1,100 apartment buildings in the
capital were still without heating, Zelenskyy said.
The
Institute for the Study of War, a Washington think tank, said that the
developments were part of Moscow’s negotiating strategy.
“The
Kremlin will likely attempt to portray its adherence to this short-term energy
strikes moratorium as a significant concession to gain leverage in the upcoming
peace talks, even though the Kremlin used these few days to stockpile missiles
for a larger strike package,” it said late Tuesday.
New attacks
Russia
used cluster munitions Wednesday in an attack on a busy market in eastern
Ukraine that killed seven and wounded 15 others, officials said.
The
attack on the town of Druzhkivka darkened prospects for progress in the UAE,
with Donetsk regional military administration chief Vadym Filashkin describing
Russian talk of a ceasefire as “worthless.”
Russia
also launched 105 drones against Ukraine overnight, and air defenses shot down
88 of them, the Ukrainian air force said Wednesday. Strikes by 17 drones were
recorded at 14 locations, as well as falling debris at five sites, it said.
In
the central Dnipropetrovsk region, a Russian strike on a residential area
killed a 68-year-old woman and a 38-year-old man, regional military
administration head Oleksandr Hancha said.
The
southern city of Odesa also came under a large-scale attack, regional military
administration head Oleh Kiper said. About 20 residential buildings were
damaged, with four people rescued from under the rubble, he said.
A11 X62 X62 from the financial times
A crypto venture linked to Donald Trump accepted a half-billion-dollar
investment backed by an Abu Dhabi royal days before the US president’s
inauguration.
The Trump family’s World Liberty Financial (WLF) in January signed a
deal with a group of investors backed by Sheikh Tahnoon bin Zayed al-Nahyan,
the UAE’s national security adviser who also oversees a sprawling business
empire. The deal was worth $500mn for a roughly 49 per cent equity stake in the
company, according to The Wall Street Journal, which first reported the deal.
WLF spokesperson David Wachsman said the company agreed to the
investment “because we strongly believe that it was what was best for our
company as we continue to grow”.
He denied that the investment had anything to do with an agreement to
grant the UAE access to US artificial intelligence chips struck later in the
year, but declined to give details of the deal.
“Any claim that this deal had anything to do with the administration’s
actions on chips is 100 per cent false. The leftwing media is dishonestly
pushing baseless innuendo in an effort to deceive the public and smear our
company,” Wachsman said.
During a trip to the Gulf last May, Trump and his UAE counterpart Sheikh
Mohamed bin Zayed al-Nahyan revealed plans to build the largest group of
artificial intelligence data centres outside the US.
A planned 10sq mile UAE-US AI campus in Abu Dhabi is expected to have
5GW of data centre power — equivalent to more than 2mn of AI chipmaker Nvidia’s
latest generation of GB200 chips.
The investment raises more questions about the fusion of politics and
business during Trump’s second term.
WLF was set up in late 2024 by
Trump’s three sons and Steve Witkoff’s sons Zach and Alex. Donald Trump is
described on WLF’s website as the company’s co-founder emeritus, as is Steve
Witkoff, who is the president’s Middle East envoy.
The WLF statement said neither President Trump nor Steve Witkoff “had
any involvement whatsoever in this transaction and have had no involvement in
World Liberty Financial since taking office”.
The White House said that the president “only acts in the best interests
of the American public”, adding that his assets were in a trust managed by his
children.
“The president has no involvement in business deals that would
implicate his constitutional responsibilities,” said David Warrington, White
House counsel.
A person close to Steve Witkoff said his children run WLF and he has
“nothing to do with it”.
“Steve was not involved in negotiations related to [Emirati AI company]
G42. He was only briefed on these discussions, which is totally appropriate,”
the person said.
Sheikh Tahnoon has spearheaded Abu Dhabi’s push into AI and been
integral to its discussions with the US to secure Nvidia chips. He
chairs G42 and MGX, a state-backed fund focused on AI.
Like other oil-rich Gulf states, the UAE, a traditional US ally, has
actively courted Trump since he returned to the White House, pledging hundreds
of billions of dollars in investment in the US.
During Trump’s visit to the Gulf last year, the US and the UAE announced
plans to build a vast data centre campus in Abu Dhabi, boosting its ambitions
to become a global AI hub as it sought to secure access to Nvidia’s
chips.
Investment funds in Abu Dhabi, the UAE’s wealthy capital, have also done
deals with Trump’s family network.
Before Trump was re-elected last year, his son-in-law Jared Kushner’s
private equity fund, Affinity Partners, raised $1.5bn from Qatar’s sovereign
wealth fund and an Abu Dhabi fund linked to Sheikh Tahnoon.
In another business connection between Trump’s network and the UAE, Zach
Witkoff announced last year that Abu Dhabi investment vehicle MGX had decided
to use WLF’s USD1 stablecoin to close its $2bn investment in crypto exchange
Binance.
A12 X63 X63 FROM fortune
How a ‘spy sheikh’ bought 49% of the Trump family’s flagship crypto
company: ‘We’ve got some pretty meaningful investors’
By Ben Weiss, Crypto Reporter
February 2, 2026, 12:37 PM ET
President Donald Trump has repeatedly claimed that his crypto businesses
pose no conflicts of interest.
Just four days before President
Donald Trump took office in January 2025, two lieutenants to a member of the
Abu Dhabi royal family signed a contract to funnel $500 million into a Trump
family crypto company. The investment into World Liberty Financial was
backed by Sheikh Tahnoon bin Zayed Al Nahyan, brother of the president of the
United Arab Emirates, the Wall Street Journal reported.
A spokesperson for the Trump family crypto company confirmed to Fortune that
the transaction had occurred.
In exchange for half a billion dollars, a company tied to the
politician, who’s an Emirati national security advisor and sometimes referred
to as the “spy sheikh,” received 49% in equity in World Liberty Financial. The
company was founded in 2024 as a DeFi platform, or business that puts banking
activities like lending and borrowing on the blockchain. It’s one of the Trump
family’s main crypto businesses.
Meanwhile, the two sheikh lieutenants who signed onto the World Liberty
deal also hold top positions at G42, a technology and venture capital firm
backed by the Abu Dhabi royal family. When asked by Fortune in
May whether G42 backed the Trump family crypto company, Eric Trump, son of the president and cofounder of
World Liberty Financial, said: “I’m not going to get to who the investors are,
but we’ve got some pretty meaningful investors.”
The investment comes amid scrutiny over a landmark AI deal that saw the
U.S. agree to give access to advanced AI chips to the Abu Dhabi–based G42,
which is also a significant investor in AI. Fiacc Larkin, a senior executive at
G42, is an advisor to World Liberty Financial, according to his LinkedIn and
first reported by
the New York Times.
“Any claim that this deal had anything to do with the administration’s
actions on chips is 100% false,” said a spokesperson for World Liberty
Financial. “The idea that, when raising capital, a privately held American
company should be held to
some unique standard that no other similar company would be held @military tech?? is both
ridiculous and un-American.”
Anna Kelly, a spokesperson for the White House, said: “President Trump’s
assets are in a trust managed by his children. There are no conflicts of
interest.”
A spokesperson for G42 did not immediately respond to a request for
comment.
TOKENS, STABLECOINS, AND DEFI
The deal follows broader worries over conflicts of interest concerning
the president’s policies and his family’s crypto businesses, which continue to
lean heavily on the commander-in-chief’s likeness and brand. He and the first
lady have both promoted their own memecoins. Trump
Media & Technology Group, which is behind the Trump-affiliated social media
platform Truth Social, has also leaned into
crypto. And Eric Trump and his brother Donald Trump Jr. have both backed a
Bitcoin mining business called American Bitcoin.
But, among the Trump family’s sprawling crypto empire, World Liberty
Financial stands out as the most ambitious and potentially lucrative.
In October 2024, the Trumps announced the launch of the business, which
they called a DeFi platform. DeFi is shorthand for decentralized finance—a term
those in the crypto industry use to refer to taking traditional banking
activities like lending and borrowing and putting them on the blockchain.
When first launched, the company had no products—except for a
cryptocurrency that it sold to investors for $550 million. In March, the
company launched its own stablecoin, or cryptocurrency pegged to underlying
assets like the U.S. dollar. The coin got an immediate bump in market
capitalization after MGX, another venture firm tied to the Abu Dhabi royal
family, invested $2 billion into the crypto exchange Binance with USD1, the
stablecoin.
In January, the company finally released its
own DeFi product, which lets users borrow and lend cryptocurrency using USD1.
A13
X21 X21 FROM THE PRESIDENTIAL PRAYER TEAM
The U.S., Ukraine, and Russia Engage in Peace Talks in
Abu Dhabi
Officials
described the discussions as “constructive” and making “positive progress.”
Tuesday, February 10, 2026
Representatives from the United States,
Ukraine, and Russia met for peace discussions in Abu Dhabi late last week.
Negotiators called the talks “constructive” and said that “positive progress”
was made regarding ending the war in Ukraine.
Special Envoy Steve Witkoff stated that Moscow
and Kyiv agreed to exchange hundreds of prisoners, the first swap to be
conducted since September of last year.
Envoy Witkoff said, “This outcome was achieved
from peace talks that have been detailed and productive. While significant work
remains, steps like this demonstrate that sustained diplomatic engagement is
delivering tangible results and advancing efforts to end the war in Ukraine.
Discussions will continue, with additional progress anticipated in the coming
weeks.”
The U.S. and Russia also agreed to reestablish
high-level military communications, which were suspended in late 2021.
As
the Lord Leads, Pray with Us…
·
For
wisdom for Envoy Witkoff and other U.S. negotiators as they engage with foreign
representatives.
·
For
President Trump to be prudent in his decisions and actions regarding peace
agreements.
A14X42 X42 From
middle east eye
Prominent Saudi academic accuses UAE of
being Israel's 'trojan horse'
Ahmed bin Othman al-Tuwaijri accused oil-rich
Gulf nation of trying to weaken Saudi Arabia so it could emerge as a dominant
regional power
Published date: 23 January 2026 21:13
GMT | Last update: 5 days 5 hours ago
A prominent Saudi Arabian academic has accused the United Arab Emirates (UAE)
of throwing itself "into the arms of Zionism" and functioning as
"Israel's Trojan horse in the Arab world" in order to weaken Saudi Arabia
and emerge as a dominant regional power.
In a scathing column published on Thursday in
the Saudi newspaper Al Jazirah, Ahmed bin Othman al-Tuwaijri accused leaders in
the oil-rich emirate of Abu Dhabi of being "blinded" by "hatred
and jealousy" and of turning against the kingdom despite decades of Saudi
support.
Tuwaijri, a former dean at King Saud
University and a former Shura Council member, singled out the emirate of Abu
Dhabi for criticism, saying it was pursuing "hostile plots under the guise
of diplomacy" and was behind several attempts to destabilise the region.
The Shura Council is a consultative,
legislative body that advises the king on laws, policies and governance, with
echoes of the traditional Majlis in Arab society.
Framing the emirate's actions as both
ideological and existential threats, Tuwaijri said that the UAE, which is
governed by Mohammed bin Zayed - a staunch opponent of political Islam - had
collaborated with Israel to the detriment of Arab interests.
"They are trying to shift loyalty from
Arab and Islamic solidarity toward external influence," Tuwaijri wrote.
"This is a betrayal of God, His
Messenger, and the entire nation, and it cannot be ignored."
'Attacks
on resistance groups'
Tuwaijri alleged that these collusions
included direct military and intelligence cooperation, support for Israeli
operations in Gaza, and the use of Emirati military bases in the Red Sea and
the Horn of Africa to facilitate Israeli attacks on Palestinian "resistance
groups".
Citing Yemen as a key example, he accused Abu Dhabi of
sowing unrest by backing factions in the country's south that had deliberately
challenged the internationally recognised government.
Last month, fighters aligned with the
separatist Southern Transitional Council (STC) swept through southern and
eastern Yemen, seizing cities, military bases, ports, border crossings, and oil
infrastructure from the Saudi-backed Yemeni government.
The advance outraged Saudi Arabia, which on 30
December bombed an Emirati shipment in southern Yemen and criticised the UAE's
role in backing the separatists.
Riyadh then launched strikes on the STC, and
Saudi-backed forces subsequently advanced, with the separatists losing control
across much of southern Yemen.
'Chaos
in Sudan' and 'vermin' in Tunisia
In the article, Tuwaijri also condemned the
UAE over the fragmentation of Libya, where two rival governments exist, and the
country has been mired in more than a decade of civil war. He accused Abu Dhabi
of seeking to splinter the country and support factions in the country's east
with "money and weapons".
He further accused the UAE of "spreading
chaos in Sudan" by arming the Rapid Support Forces (RSF) with money and
weapons and using "secret air bridges" to support them.
Turning to North Africa, Tuwaijri alleged that
the UAE had "infiltrated Tunisia like vermin" and undermined Tunisian
aspirations for freedom and justice following the 2011 Arab Spring uprising.
He said that in Egypt - once a major regional player - Abu Dhabi
had flexed its financial muscle to dominate key sectors and influence Egyptian
decision-making.
He also claimed that the UAE was deliberately
backing Ethiopia’s Grand Renaissance Dam project despite the damage it could
inflict on Egypt’s strategic interests.
Cairo, which relies on the Nile for roughly 97
percent of its freshwater needs, fears the dam could threaten its water
security.
In the article, Tuwaijri also alleged that the
UAE was intent on splitting up Somalia and establishing Israeli influence in
the Horn of Africa for control of the Bab el-Mandeb Strait, a strategic
maritime chokepoint.
Spillover
beyond Arab world
Tensions between the UAE and Saudi Arabia have
been simmering for years, but burst out in an unprecedented manner shortly
after Crown Prince Mohammed bin Salman's visit to Washington in November.
There, the Saudi leader lobbied US President
Donald Trump against the UAE over its support for the RSF in Sudan. MEE was
the first to reveal the lobbying
plan. The following month, the STC launched its offensive, jolting Saudi
Arabia into military action.
Saudi Arabia is also ramping up pressure on
the UAE in Sudan. Along with Egypt and Turkey, Riyadh is backing the Sudanese Armed Forces
against the UAE-backed RSF.
The downward spiral in ties between the two
Gulf neighbours has spread beyond the Arab world, with signs that Saudi Arabia
is courting Pakistan for military
partnerships, and the UAE is inching closer to Islamabad's arch-rival India.
Another arena of disagreement is Somalia.
Saudi Arabia last week joined scores of countries in
condemning Israel’s recognition of the breakaway region of Somaliland.
The UAE’s name was absent from a long list of
Muslim and Arab countries opposing the recognition. Abu Dhabi is known to be
working closely with Somaliland, including the construction of a military base there.
The fallout between the UAE and Saudi Arabia
is a head-spinning turnaround from a decade ago when the two states partnered
to blockade Qatar. Saudi Crown Prince Mohammed
bin Salman was once a protege of UAE President Mohammed bin Zayed.
A15 FROM THE NEW YORK TIMES
“MELANIA” – PREMIERE and RECEPTION
By Brooks Barnes
Jan. 31, 2026
Amazon’s gold-plated rollout for Melania Trump’s documentary
resulted in opening-weekend ticket sales of $7 million in the United States and
Canada, box office analysts said on Sunday. That gave “Melania” the best start for a
documentary (excluding concert films) in 14 years.
It was a face-saving result for the first lady — last week,
ticket sales were pacing at about $5 million — but not for Amazon, which spent
an exorbitant $75 million to buy distribution rights
to “Melania” and market its release in 1,778 domestic theaters. Theater owners
keep roughly 50 percent of ticket sales, meaning that Amazon will end the
weekend with about $3.5 million to show for its investment.
On Saturday, analysts projected roughly $8 million in domestic
ticket sales for the nearly two-hour film. The actual amount, $7 million,
suggests that opening day was front loaded with Mrs. Trump’s fans. (Analysts
projected the $8 million by collecting Friday sales data from various theater
circuits, measuring presales for Saturday and Sunday and extrapolating from
there.)
Subscribe to The Times to read as many articles
as you like.
Brooks Barnes is the chief Hollywood correspondent for The Times. He has
reported on the entertainment industry for 25 years.
A version of this article appears in print on Feb. 2, 2026, Section B, Page 4 of the New
York edition with the headline: ‘Melania’ Has Big Opening Weekend At
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See more on: Melania Trump, U.S. Politics
A15
X31 X31 FROM NOVA NEWS – ROME
Tuesday, 10 February 2026
Egypt-UAE: Al Sisi and
Bin Zayed focus on economic ties amid regional tensions
The
Egyptian head of state visited Abu Dhabi in a complex geopolitical context,
which sees the two countries having divergent positions on some issues in the
Horn of Africa and the Red Sea.
Cairo 9 February 2026
The
president of Egypt, Abdel Fattah al-Sisi, and his counterpart in the
United Arab Emirates... Muhammad bin Zayed Al Nahyan... renewed the momentum
of bilateral relations today in Abu Dhabi, placing particular emphasis on the
economic sector, including trade and investment. The Egyptian head of state
visited the Emirates in a complex geopolitical context, with Cairo and Abu
Dhabi holding divergent positions on several issues in the Horn of Africa and
the Red Sea, such as Somalia, Sudan, and Yemen. In this context, the North African country is
closer to Saudi Arabia, which is increasingly competing with Abu Dhabi for
greater influence in the region. At the same time, Egypt and the UAE
maintain joint diplomatic
initiatives regarding the stabilization of the Gaza Strip and de-escalation in
Iran. In this context, the two countries remain determined to balance
cooperation based on their respective economic interests. As retired Egyptian general
Mohamed Abdel Wahid, an expert on national security and international
relations, emphasized to “Agenzia Nova,” relations between Egypt and the United
Arab Emirates are handled “with sensitivity.”
Relations
between Cairo and Abu Dhabi “are characterized by a very delicate balance to
resolve any potential political differences, in light of economic priorities,”
explains the general, emphasizing that the two countries are trying to manage
their differences behind closed doors, preserving investments in Egypt. On the
other hand, the United Arab Emirates takes Egyptian sensitivities into account
and has established joint commissions between the two countries to foster
dialogue and address their respective needs. Furthermore, according to the
expert, the “strategic and friendly personal relationship” between Al Sisi and
Bin Zayed plays a significant role, through which they seek to “contain
differences and bring positions closer.” Today was the Egyptian president’s 30th visit
to the United Arab Emirates since coming to power in 2014.
According
to the Egyptian presidency, Bin Zayed welcomed Al Sisi at the airport and then
accompanied him to the Abu Dhabi University of Artificial Intelligence. The
Egyptian head of state was briefed on the university’s facilities and
departments, as well as its academic program. The two leaders subsequently held
a bilateral meeting over a working breakfast. During the meeting, according to
a statement from the Egyptian presidency, Al Sisi praised the “unprecedented
level of coordination, consultations, and cooperation” between the two
countries in various fields, particularly the economy and trade. The Egyptian president
emphasized Cairo’s willingness to receive greater investment from the UAE,
noting that relations between the two countries represent “a fundamental pillar
of Arab national security and regional stability.” For his part, President Bin
Zayed emphasized the “special nature” of bilateral relations, reaffirming the
UAE’s willingness and commitment to expanding ties with Egypt in the areas of
trade and investment.
Regarding
current regional developments, according to the Egyptian presidency, “the
importance of Arab solidarity was underlined at this critical juncture for the
Middle East.” The two leaders specifically discussed the latest developments in
the Gaza Strip, emphasizing the need for full implementation of the ceasefire
agreement, the implementation of US President Donald Trump’s peace plan, and
unrestricted humanitarian access for the Palestinian population. The parties also emphasized the
urgency of promptly initiating recovery and reconstruction efforts in Gaza,
highlighting the importance of promoting a “just and comprehensive” peace
process based on the two-state solution. Al Sisi and Bin Zayed finally
agreed on the need to continue efforts “to resolve the crises plaguing the
region” through “peaceful means” so as to “preserve the unity and integrity of
states and the well-being of their peoples, and avoid any escalation,”
according to the Egyptian presidency statement.
According
to General Abdel Wahid, the UAE’s support for the Rapid Support Forces in Sudan (the paramilitary
group in conflict with the regular armed forces) or Ethiopia in the water issue (regarding the
GERD dam, a source of strong tension with Egypt over water reserves), as well
as its support for the secession of Somaliland and its alleged intention to control Red Sea ports,
are considered by Cairo as “moves that threaten national security.” The expert
emphasizes, however, that Al Sisi’s visit to Abu Dhabi confirms that Egypt
“will not enter into any alliance against the Emirates.” “There has been a
rapprochement between Egypt, Turkey, and Saudi Arabia, but it is not an
alliance and is not aimed
against the Emirates,” Abdel Wahid states, adding that Cairo aims to
create “a very balanced foreign policy that guarantees the protection of
national security, without economic damage.”
The
analyst emphasizes that the
Emirates are one of Egypt’s major economic supporters. It’s worth noting
that in February 2024, an
agreement was signed for the development of the Ras el-Hikma peninsula, on
Egypt’s northwest coast, with a $35 billion UAE loan, the largest
foreign direct investment in the North African country’s history. For this
reason, according to Abdel Wahid, Abu Dhabi plays “an important role in Egypt’s
economic stability.” Emirati
investments range from real estate to ports and logistics, and even energy.
Recently, Ad Ports Group—a Emirati group active in the logistics and
infrastructure sectors—signed long-term concession agreements for the
development and management of the terminals in Safaga, Ain Sokhna, and Arish,
with estimated investments of between $1,5 and $2 billion in various phases.
The projects include multifunctional terminals, logistics zones, and cruise
infrastructure connected to the Suez Canal corridor.
In
the energy and renewable energy sectors, Emirati companies, particularly
Masdar, have invested in large-scale solar and wind projects and are participating
in Egypt’s green hydrogen plans in the Suez Canal Economic Zone, supporting
Cairo’s goals of expanding clean energy and attracting climate-related
financing. UAE capital also maintains a strong presence in real estate,
banking, and food security, with long-time developers and investors managing
major residential and commercial projects, holding stakes in Egyptian financial
institutions, and supporting grain storage, agrologistics, and commercial
facilities.
In
this context, according to official data from the Central Bureau of
Mobilization and Statistics (CAPMAS), remittances from Egyptians working in the UAE saw a
significant increase in the 2024-2025 fiscal year, reaching approximately $3,6
billion, compared to $1,8 billion in the 2023-2024 fiscal year. The
number of Egyptian
citizens in the UAE stood at approximately 1,3 million at the end of
2024. Reflecting the momentum of economic ties, Egypt’s investments in the UAE
reached approximately $1,8 billion in the 2024-2025 fiscal year, compared to approximately
$1,4 billion the previous year.
@ pay scales
discussed?
By
2025, Al Sisi and Bin Zayed had already held several high-level meetings.
Between August and September, the Emirati president had visited Cairo and the city
of El Alamein, discussing with his Egyptian counterpart bilateral cooperation,
joint projects, and coordination on regional developments, including all those
related to Gaza and the Palestinian cause. Previously, in June, Al Sisi had
traveled to Abu Dhabi, where he discussed with Bin Zayed ways to deepen
political and economic cooperation, as well as the prospects for stability in
the region. The Egyptian president’s new visit to the UAE thus renewed the
commitment to strengthening bilateral relations based on common interests,
highlighting continued coordination amid geopolitical tensions, as well as the
effort to maintain balanced relations with all major regional players.
A16
X32 X32 FROM EGYPT TODAY
Sisi, bin Zayed prioritize AI, Gaza peace in Abu Dhabi
summit
By Egypt Today staff, 2/10
CAIRO - 10 February 2026: President Abdel
Fattah El-Sisi returned to Cairo on Monday following a high-level diplomatic
visit to Abu Dhabi, where he held extensive talks with UAE President Sheikh
Mohammed bin Zayed Al Nahyan on economic integration and regional security.
The visit centered on technological cooperation and regional stability.
The two leaders toured the Mohamed bin Zayed University of Artificial
Intelligence (MBZUAI), where Sisi reviewed the latest advancements in advanced
technology and academic programming. The tour signals a growing intent to align
Egypt’s digital transformation goals with the UAE’s established AI
infrastructure.
Sisi emphasized Egypt’s "open-door policy"
for further Emirati investment, noting that bilateral cooperation has reached
an unprecedented level of coordination. In a Monday statement, Presidential
Spokesman Mohamed El-Shennawy confirmed that the leaders discussed the current
regional volatility, emphasizing that Arab solidarity remains the primary
defense against regional escalation.
On the
situation in Gaza,
the presidents called for:
• The full implementation of the ceasefire
agreement and the "Trump Peace Plan."
• Unrestricted humanitarian aid to the Strip,
particularly ahead of the holy month of Ramadan.
• Rapid commencement of early recovery and
reconstruction efforts.
• A commitment to the two-state solution as the only viable path to
permanent regional security.
A17 X41 X41
From Israel hayom
Abraham Accords on brink of collapse as
UAE loses patience with Netanyahu
Exclusive investigation exposes how extremist rhetoric, botched
business deals, and diplomatic failures have pushed the UAE, Israel's most
important Arab ally, toward the breaking point.
by Itay Ilnai Published on 02-06-2026 22:30
Last modified: 02-06-2026 22:43
If the Abraham Accords ever stood on the edge of
collapse, it happened on September 9, 2025. That day, Israeli Air Force jets
bombed a building in Doha, Qatar's capital, where Hamas leaders had gathered.
The shockwaves from the historic strike reverberated clearly 310 miles (500
kilometers) away in Abu Dhabi, the UAE capital. They violently shook the walls
of President Sheikh Mohammed bin Zayed's palace.
"He very
much disliked the fact that Israel rampages with its aircraft wherever it
wants," said an Israeli official, a senior defense figure until recently,
who maintains close ties with Abu Dhabi's political leadership and has met
personally with bin Zayed. "It touched him."
Following the
Israeli strike, the furious bin Zayed convened an emergency meeting to discuss
the UAE's response options – the dominant country on the Arab side of the
Abraham Accords. As Israel Hayom first
reported, one option raised at the table was a dramatic decision to freeze the
accords. "This was the biggest scratch the Abraham Accords have
encountered until now," said another Israeli official who has maintained
contact with the UAE security leadership for years.
The option to
freeze the Abraham Accords did come up at that Abu Dhabi meeting, but
ultimately came off the table. Still, on the Emirates' scale – skilled
statesmen who usually conduct themselves in a measured and moderate manner –
their response to the Doha attack was wild. "A crude and cowardly move, a
reckless and aggressive act," bin Zayed described the strike in an
official statement issued by the Emirati foreign ministry that same day.
The next day,
Israeli defense industries' participation in the air show scheduled in Dubai
was canceled, and later the Israeli ambassador, Yossi Shelley, was summoned for
a reprimand. "Israel's aggressive and provocative behavior establishes an
unacceptable reality," he was told.
However, the
most significant diplomatic step bin Zayed took was his decision to fly the day
after the Doha strike for a solidarity visit to Qatar. For bin Zayed – who
marked the Muslim Brotherhood as his country's greatest enemy, participated in
the Arab boycott of Qatar from 2017 to 2020, and views the Gulf state as one of
the main threats to Emirati national security – the Qatar visit was a glaring
message to Israel that enough is enough.
The crisis
surrounding the Doha strike was indeed the peak moment – or more precisely, the
low point – in relations between Israel and the UAE since signing the Abraham
Accords, but it did not occur in a vacuum. An Israel Hayom investigation,
based on conversations with figures in Israel and the Emirates, reveals that
for a long time, the palace in Abu Dhabi has felt deep frustration and
disappointment with Jerusalem, questioning the benefit they gain from the
Abraham Accords. Behind this stand a series of failed economic deals, an
ambassador who evokes negative emotions, extremist statements by government
ministers, unclear Israeli policy regarding Gaza's future and Judea and Samaria
– and no small amount of suspicion toward Prime Minister Benjamin Netanyahu.
The Emiratis
themselves, in keeping with their diplomatic character, will not openly admit their
displeasure with Israel, but their patience appears to be running out. A
foreign figure recently asked whether the UAE's relationship with Israel is
realizing its full potential responded with three words: Not even close.
BELOW THE RADAR
True, Israel has
gained tremendously from the Abraham Accords and normalization with the UAE,
and vice versa. The diplomatic breakthrough positioned both countries as
regional powers with stability and served as a significant counterweight to
Iran's expanding influence. "The Emiratis even talk in closed rooms about
establishing a Middle East NATO, with Jewish and Muslim soldiers," said a
former senior security official who maintains contacts with Abu Dhabi.
Economically,
the Emirates ranks ninth among countries exporting to Israel in 2024, and trade
between the countries totals more than 10 billion shekels ($2.8 billion)
annually. The tourism industry to Dubai thrives, and it seems every other Israeli has already
visited the city on the Persian Gulf's shores. Emirati airlines operate about
120 flights per month to Israel and were the only foreign carriers that did not
stop flying to Ben Gurion Airport since October 7, except during security
escalations such as the war with Iran.
One Israeli who recently flew to
the Emirates is Foreign Minister Gideon Sa'ar, who has visited the country
three times since entering office, more than any other country. As we reveal
for the first time, Sa'ar's latest Emirates visit occurred a few weeks ago and
has remained below the radar due to its sensitivity. Security cooperation
between the countries also conducts most of its business below the radar, which
has helped relations weather "tension points," according to an
Emirati official.
However, from the Emirates'
perspective, cooperation with Israel has exacted a heavy price. From the moment
the Abraham Accords were exposed, many of their Muslim brethren have perceived
them as assisting Israel in its struggle against Palestinians and Arabs.
"They call us traitors," an Emirati official frankly admits.
Recently, the Emirates began wondering whether this heavy price is worth
clinging to the Abraham Accords.
"The Abraham Accords put
the Emirates on the radar of the Iranians and other Muslim countries. For them,
it was a move with many risks," said a senior figure in the cyber industry
who has worked with the Emirates for many years. "But when I ask the
Emiratis what they gained from the Abraham Accords, their answer is 'a 450%
growth in terror attack warnings.' In the 12-day war (the June 2025 Iran-Israel
conflict), for example, there were hundreds of Iranian attempts to harm
Israelis on Emirati soil, and the Emiratis are overwhelmed with this.
"On the other hand,
economically and politically, they are not receiving everything they can from
Israel. They are in a mode where they are also being driven out of town and
eating the rotten fish."
The situation has worsened since
October 7, mainly due to allegations of "genocide" Israel is
committing in Gaza, which echoed in the Arab world and penetrated Emirati
society itself. "Senior Emiratis control their country very well, but they
also hear voices from their people, who identify with the Palestinians in Gaza,
and this puts a lot of pressure on them," an Israeli official said.
"This pressure slows down the tightening of ties between governments and
also between people."
According to a long line of
experts and Israeli figures operating in the Emirates, the Abraham Accords are
far from yielding the promise embedded in them. "The relationship between
Israel and the Emirates has strategic national potential unlike any other, but
it is being missed," one of them said.
"The potential for
security-technological cooperation between Israel and the Emirates is also far
from realization, and that's a shame," agreed Shalev Hulio, CEO of DREAM
and one who maintains close contacts with security figures in the Emirates
since his previous company, NSO's days. "The Emirates currently operates
in a way very few countries know how to conduct, with long-term thinking,
investment in advanced technologies, and the ability to move entire systems
very quickly. If there is a country aiming to become the next 'Startup Nation,'
the Emirates is definitely there."
"The UAE is not an empty
ocean. The whole world is eyeing cooperation with them, and if Israel does not
do so, they will cooperate with other countries. We have a lot to lose,"
joined an Israeli official who previously served in an official capacity in one
of the Gulf states. "We have achieved much from contact with them, but if
we had behaved correctly, we could have achieved twice as much. All the current
government lacks is to build trust with them, really."
The basis of suspicion
The word "trust" keeps
recurring in the many conversations we have had in recent weeks about
Israeli-UAE relations. Usually, it is associated with the name
"Netanyahu." Paradoxically, it seems the one struggling to gain the
Emirates' trust is precisely the man who signed the Abraham Accords with them.
One of the clearest signs of this is that, more than five years after signing
the accords, Netanyahu has not been invited for an official visit to the
Emirates. Even President bin Zayed's historic visit to Jerusalem, whose details
had already been finalized during the previous government's tenure, was
canceled by the current government.
While Netanyahu's visit to the
Emirates lingers, Naftali Bennett did visit there once, as prime minister, and
once about a year ago as a private citizen. On both occasions, he met with
Sheikh bin Zayed. Recently, Bennett met with bin Zayed again, secretly, for the
third time. Yair Lapid also visited Abu Dhabi, once as foreign minister and
once as opposition leader.
According to an Emirati official,
the timing of Netanyahu's official visit to Abu Dhabi has not yet been
finalized. He compared it to going to the beach – "You go to the beach to
enjoy, right? You would not go to the sea on a stormy day, with strong wind and
rain. In the current climate it would not be right for the Emirates to invite
Netanyahu for a visit. This would only fuel conspiracy theories in the Arab
street that the Emirates is working hand in hand with Israel to bomb Gaza and
so on."
Israeli officials we spoke with
claim Netanyahu holds many shares in creating that stormy "climate."
"After the Abraham Accords, in the half-year Netanyahu was still in power,
relations experienced a honeymoon," said a figure who speaks with many
Emiratis daily. "This continued under the Bennett-Lapid government, which
enjoyed the accords' fruits. But since Netanyahu's return to power in 2022,
there has been widespread suspicion toward him in the Emirates.
"When the judicial reform
began, obviously, that itself did not move them. But they wanted relations with
a country whose stability they understand, and suddenly they find Israel
drowning in protests. Also on October 7, the Emirates' support for Israel was
uncompromising. But as the fighting in Gaza continued, the IDF's aggressive
conduct and lack of understanding where Israel is heading did not make them
happy."
Several Israeli sources we spoke
with agree that what infuriated the Emirates more than anything were extremist
statements by government ministers, such as Amichai Eliyahu, who raised the possibility
"to drop an atomic bomb on Gaza," and Finance Minister Bezalel Smotrich, who suggested to their Saudi neighbors
"to continue riding camels in the desert."
Knesset members from Likud who
called "to burn Gaza" or "starve" Gazans also did not help
diplomatic relations with Abu Dhabi. The Foreign Ministry tore its hair after
these statements and tried to explain to the Emiratis that Israel is a
democratic country with freedom of expression, where one cannot control every
minister's statement. It is not certain that this argument was understood.
"Recently, I sat with one
of the emirs' sons, who told me, 'I do not understand – your ministers talk
about erasing Gaza and taking over the Temple Mount. Is this really the Israeli
position?'" an Israeli official said. "The Emiratis are by their
definition a peace-pursuing people, truly neutral. They went with Israel into
an alliance of moderates, and suddenly they find Israel as a psychotic player
in the Middle East. This stresses them very much."
"In closed conversations,
the Emiratis express shock and astonishment at ministers' statements,
especially from right-wing parties," said Dr. Yaoz Sever, chairman of AGC
consulting firm and chairman of the Israel-Gulf States Chamber of Commerce, who
conducts business with the Emiratis daily. "They cannot understand whether
these positions represent the people. But since the Emiratis are people who
express themselves delicately, their displeasure is mainly expressed in the
fact that Netanyahu has not yet been invited to the Emirates. This is the
Emirates' quiet and so dignified way of telling Israel 'we are not
satisfied.'"
"The rise of the current right-wing
government caused significant erosion in relations," agreed Dr. Moran
Zaga, lecturer and researcher at the University of Haifa and expert on Gulf
states. "Businesses, official visits, and additional contacts slowed or
stopped. What is being missed at the first level is the personal connection
between leaders. Gulf politics is fundamentally based on personal and tribal
connections, and on top of these foundations, additional layers of ideology,
pragmatism, and nationalism were built. But the original structure still sets
the rules.
"Look, for example, at the
warm connection Trump managed to create with Saudi ruler bin Salman. Therefor,e
we see to this day how certain Israeli figures receive a warm embrace, while
others are pushed out. Sometimes this is expressed in preference for an Israeli
opposition figure, simply because the personal connection with him is
stronger."
In the complex reality of the
Middle East, the October 7 war also gave Israel an opportunity to upgrade its
relations with the Emirates, a country whose senior officials hate Hamas no
less than we do. "October 7 shook them on insane levels," said an
Israeli official who knows the Emirates well. "Hostage release is in their
discourse at such a level that on the day the last hostages are released, they
will stop everything and go to television. On the other hand, the humanitarian
situation in Gaza is difficult for them."
The Emiratis were indeed the
main force that mobilized to finance and ship humanitarian aid to Gaza during
the war. This move allowed them to prove their concern for the Palestinian
population while allowing Israel to continue conducting fighting in the Strip
under international pressure. "The thing that succeeds most today in the
Israel-UAE relationship is the humanitarian effort in Gaza. There,
surprisingly, there is the most fruitful cooperation," said Dr. Zaga.
"The Emirates exploit the contact with us to break through and lead the
humanitarian arena in Gaza, and they are very proud of it."
At least one figure in the IDF
leadership tried at the war's beginning to leverage the interest and harness
the Emirates to the day-after issue. "The Emiratis were ready to train
Palestinian security mechanisms' personnel so they would enter the Strip,"
he said. "But in Israel, the Palestinian Authority is taboo to mention.
Instead, the Israeli government was finally forced to surrender to American
dictates and bring Qatar and Turkey into the Strip, which support the Muslim
Brotherhood and constitute one of the greatest threats to the Emirates."
In contrast, official Israeli
figures claim the Emiratis are now reaping the seeds they planted in Gaza –
while the Israeli government tries as much as possible to reduce Qatari and
Turkish involvement in the Strip's rehabilitation, the political echelon
encourages Emirati elements to enter the Strip, especially regarding education.
As we now reveal, one aspiration is for the Emirates to establish in
IDF-controlled areas a network of educational institutions, where they will
exploit the experience they accumulated in de-radicalization to influence
Gaza's next generation.
"The Emirates have a
central role in the day after," one official we spoke with said.
"They understood long ago that Islamic education can take the country to
bad places, so they hired British and American kindergarten teachers and
teachers, replaced the educational staff in the kingdom, and thus grew an
educated and tolerant generation in a Muslim country. This thing can also
happen in Gaza."
The Emirates are so zealous
about their education that early this month it was published that they stopped
government subsidies granted to students going to study at British universities
due to concerns about Islamic radicalization and Muslim Brotherhood influence
on students in the European country.
"To build trust bridges"
Israeli-UAE relations have
already known ups and downs. In 2011, the Mossad assassinated senior Hamas
figure Mahmoud al-Mabhouh in a Dubai hotel, causing a break in the secret
relations conducted until then between the countries. The connection was
restored mainly through a series of security deals conducted underground,
including, among other things, the Emirates' purchase of NSO's
"Pegasus" offensive cyber software.
Later, Israeli defense
industries entered the picture, such as Rafael and Elbit. "Pegasus and the
defense industries caused intimate relations to tighten between the Israeli
security system and the Emirati one," an Israeli official said. "This
also created a direct line between leaders. The security successes led to
contacts in fields like medicine, agriculture, and energy, which required
normalization agreements to realize. The sense of intimacy and need for
cooperation above the radar formed the basis for the Abraham Accords."
The Abraham Accords served the
Emirates not only on the practical level but also strategically. "Its main
motive for entering the accords was to further expand its influence in the
Levant and exploit Saudi distance from this arena," said Dr. Zaga.
"In addition, Abu Dhabi leadership explained it saw the Abraham Accords as
leverage for creating a diplomatic breakthrough between Israel and the
Palestinians. But in practice the opposite happened."
The influence race and
aspiration for an arrangement with the Palestinians were also the reasons the
Emirates joined the "Negev Forum," which united Abraham Accords
countries alongside the US and Egypt and aimed to advance political, security,
and economic initiatives in the region. But after one publicized summit during
the Bennett-Lapid government, the forum's activity ceased and was not renewed
under Netanyahu's government. "This is because these countries quickly
despaired after a period of tension in the Palestinian arena and difficulty creating
legitimacy in the Arab street," Zaga explained.
Another regional initiative that
got stuck is the "water for electricity" project, aimed at fighting
the climate crisis by purchasing green electricity from Jordan in exchange for
exporting desalinated water from Israel with Emirati financing. Emirati
officials recently said they are very disappointed that the project is not
advancing, partly due to Israeli delays. The Emirates' frustration with
regional cooperation with Israel was expressed about three months ago by Dr.
Ali Rashid Al Nuaimi, member of the Federal National Council. At the Knesset
caucus conference for promoting regional security, he scolded participants via
video call – "All Israeli politicians must understand that normalization
is not peace, but only an agreement on a piece of paper. What is needed is to
build bridges of trust, understanding, and respect."
Although peace efforts between
leaders experience turbulence, direct meetings between Israeli entrepreneurs
and Emirati investors have helped strengthen ties at the private level.
"The Emiratis are amazing hosts, unusually educated, men of the world, and
know exactly what they want," said Dr. Sever, whose business activity is
concentrated in the Gulf region. "But unlike the Israeli businessman,
their main goal is not 'to bring the hit.' Despite being wealthy, the Emiratis
do not like wasting money. Business with them is conducted very carefully
because many people from all over the world come to the Gulf region, and Dubai
in particular, thinking they will make easy money. The reality on the ground is
completely different."
"The UAE is one of the best countries in the world to do business
in. However, the Emirati investor is educated, sophisticated, and careful, and
is likely already in business with superpowers such as the US, Russia, China,
and India. Therefore, he will not invest in a deal that is not
sustainable," joined Saud Sakher, an engineer and businessman resident of Abu
Dhabi who invests in Israeli companies.
Saud, who came to Israel in the
first delegation to leave Abu Dhabi after signing the accords, is a good
example of the warm connection that can form between Israelis and Emiratis. On
his first visit here he visited the Western Wall, Yeruham, and Nazareth, and on
his second visit already managed to participate in two weddings, a bar mitzvah,
and a Hanukkah candle-lighting ceremony. "I saw the Israeli community as
it is, in its most distilled form – Jews, Druze, Muslims, and Christians living
together. True, not everything is perfect, but overall everyone gets
along," he said in a conversation conducted in English spiced with Hebrew
words. "The Abraham Accords survived the test of October 7, an event that
connected the Emirati people to the Israeli people. The connection between the
peoples also survived the Gaza war. We want the Abraham Accords to push our
countries forward."
"The UAE is not an empty
ocean. The whole world is eyeing cooperation with them, and if Israel does not
do so, they will cooperate with other countries. We have a lot to lose. All the
current government lacks is to build trust with them, really."
"The Emiratis pride
themselves on having residents from all countries in the world, and therefore
they know how to give respect to every nation and religion," Sever said.
"If you arrive in Dubai during Ramadan, it will be decorated accordingly;
at Christmas, you will find Christmas trees there; at Hanukkah, menorahs; at
Diwali, you will feel like you are in Delhi; and at Halloween, everyone on the
street will be in costume. The Emiratis participate in these celebrations
happily and enjoy congratulating everyone. I would not call them 'liberal' in
the Western sense, but they have a lot of tolerance."
"I am experiencing stormy
divorce from the perception that there is an inseparable connection between
democracy and liberalism. Precisely the non-democratic countries turn out to be
liberal," said another Israeli who spends much of his time in the Emirates
and is in contact with Abu Dhabi leadership. One of the moves that amazed this
Israeli is the Emirates' decision to reduce its dependence on oil money.
"The Emirates reduced state revenues from oil to only about 25% of total
state revenues, thereby cutting their dependence on natural resources," he
enthused. "In other words, the UAE's success does not stem only from money
but also from leadership. The Emirates is not just Burj Khalifa, a Ferrari in
the yard, and fancy malls. It is also a school for strategy, geopolitics,
education, and leadership.
"Everything so lacking in
Israel is found there. There is education cultivating the future generation and
a country managed like a good high-tech company. It is a shame that in Israel
they cannot understand this and cultivate the strategic connections with them.
This is a miss."
Another matter missed in
strategic and personal relations with the Emirates concerns the Israeli
ambassador to the country. In early 2025, Netanyahu appointed Yossi Shelley,
until then Prime Minister's Office director general and formerly Israel's
ambassador to Brazil, as ambassador to the Emirates. Shortly afterward, Emirati
security personnel complained that Shelley treated them disrespectfully.
Israeli media even reported that following this, bin Zayed demanded Shelley be
replaced with another ambassador and threatened to expel him from the country.
"They put a terrible
ambassador there who almost ruined relations," an Israeli official in
contact with the Abu Dhabi palace said. "They looked at him and said,
'What, are the Israelis idiots? Is this who they sent here?' This is another
example of how the state is missing the strategic connection with the
Emirates." Several officials we spoke with claim that since the affair,
Shelley struggles to fulfill his mission. "He does manage to mediate
business and economic contacts, but he has no access to the political
leadership," one of them said. "He is 'dead man walking.'"
How to proceed?
Failure to recognize the
potential embedded in Israeli-UAE relations is also evident in the economic
dimension. Though trade volumes between the countries have grown, the wealth is
not distributed symmetrically. "In practice, the relationship is almost
one-sided," said Oren Helman, CEO of the Israel-Gulf States Chamber of
Commerce. "There are many Israeli companies active in the Emirates,
exploiting the tax breaks there and financial investments in Israeli
technology. The problem is that it is hard to bring the Emiratis to
Israel."
In this situation, the State of
Israel is losing considerable tax revenue. Several huge investments the Emirates
tried to make in Israel also ended in disappointment from the Emirati
perspective. This happened for example when the DP World group, controlled by
Dubai government, withdrew from the tender to privatize Haifa port after its
participation was disqualified for security reasons, and when the decision by
Emirati funds to invest $2.3 billion in purchasing parts of the Phoenix Group
was blocked due to regulatory restrictions Israel imposed. In both cases it was
explained after the fact that canceling the deals stemmed from concern that
Israeli pension funds and strategic assets would be managed by a foreign
country, especially an Arab one. The Emirates did not like this explanation.
The enormous investment the
Emirates planned in the EAPC (Europe Asia Pipeline Company), a project that
would significantly increase fuel transport capacity between Eilat and
Ashkelon, also came to nothing, this time due to civil-environmental protest,
something the Emiratis are a bit less accustomed to. "I am not entering Israel's
strategic interests; it is possible the considerations for canceling these
investments were justified," said Dr. Zaga, "but because of this and
additional reasons, the Abraham Accords are now perceived in the Arab world as
a process in decline, despite their survival and despite continuing
cooperation."
As Israel aspires to expand the
Abraham Accords and recruit Saudi Arabia and additional giant Muslim countries
to them, Zaga proposes first concentrating on rehabilitating the existing.
"To attract other countries, strong and important to Israel," she
said, "there is first of all importance in improving relations and
presenting a success story with the Emirates."
A18
X33 X33 FROM THE NEW ARAB
Navigating Saudi-UAE tensions, Egypt's Sisi lands in
Abu Dhabi
Over the past decade, relations between Abu
Dhabi and Cairo have strengthened considerably, with the UAE emerging as a
significant investor in Egypt's economy.
By Saleh Salem 10 February, 2026
The visit came as Egyptian and Saudi national
security interests collided with the policies of the UAE head-on in Yemen,
Sudan and Somalia, where there is a belief that the same policies fuel
fragmentation.
Egyptian President Abdel Fattah al-Sisi paid a
brief "brotherly" visit to Abu Dhabi on Monday. The trip comes amid
heightened tensions over the UAE's regional policies, which pit Egypt and Saudi Arabia, on the one hand, against Abu Dhabi and its alliance with
Israel and others, on the other.
From Yemen to Sudan and across the Horn of
Africa, the three Arab states appear to be on a collision course that could
radically alter the political and power landscape.
"These divisions among Arab states are
severely undermining the collective Arab stance, particularly when a cohesive, unified Arab
strategy is urgently needed to address pressing regional challenges,"
Egyptian political researcher Islam Mansi told The New Arab.
These
same rifts, Mansi added, are fundamentally reshaping the region's political
landscape.
Sisi was received at the airport by UAE
President Mohammed bin Zayed, who took him on a tour of the Mohamed bin Zayed
University of Artificial Intelligence in Masdar City and then treated him to an open-air lunch.
A few minutes before he arrived in the UAE,
the Egyptian Presidency said the visit was part of the two leaders' keenness to
strengthen bilateral relations across a range of issues and crises of mutual
concern.
A
TURBULENT REGION
The visit came as Egyptian and Saudi national
security interests collided with the UAE's policies in Yemen, Sudan, and Somalia, where there is a belief that the
Emirates are fuelling fragmentation.
Reports
increasingly note an emerging UAE-Israel-Ethiopian alliance.
Cairo and Riyadh have already begun to pursue
a counterstrategy through military action, both directly and indirectly.
In Yemen, Saudi Arabia has started pursuing an aggressive military policy to abort the secession
of southern Yemen, a move championed by the UAE-backed Southern Transitional
Council.
In Sudan, Egypt—in coordination with Turkey—has reportedly started
taking direct military action against the UAE-backed
paramilitary Rapid Support Forces, which vie for control over the country with
the Sudanese Armed Forces.
Egyptian and Saudi interests also align in Somalia, where the
country's fragmentation via Somaliland in the Horn of Africa threatens the
interests of Red Sea littoral states.
In his meeting with bin Zayed, Sisi described
relations with the UAE as a "cornerstone" of Arab national security
and regional stability, according to a statement by the Egyptian Presidency.
"There was emphasis [during the meeting]
on the importance of Arab solidarity in this critical phase," the Egyptian Presidency's statement said.
"The two presidents underscored the importance of settling
regional crises peacefully, in ways that preserve the unity of regional
states and avoid escalation whose consequences will harm everybody," it
added.
Sisi's meeting with bin Zayed occurs a day
after the Egyptian leader met Somali President Hassan Sheikh Mohamud in Cairo.
At a press briefing following the meeting, Sisi said his country would
continue to support Somalia's unity and would not approve measures that
threaten it, including recognition of the independence of any Somali
territories.
His remarks
came almost a month and a half after Israel recognised the independence of the breakaway
Somali region of Somaliland.
Located right on the southern coast of the
Gulf of Aden, Somaliland can turn into a national security
threat for both Egypt and Saudi Arabia, especially if it becomes a hub of
Israeli and Ethiopian naval activities, experts said.
The visit also came two days after Sisi met
Turkish President Recep Tayyip Erdoğan in Cairo.
It also follows a series of consultations by
the Egyptian foreign minister with a host of regional, African and
international peers, including the Saudi foreign minister.
The same visit raises speculation about whether Egypt can succeed in containing Abu Dhabi and
swaying it away from aligning with rival regional forces.
Saudi political analyst Omar Seif argued
that Egypt's significant regional influence positions
it well to shape Abu Dhabi's foreign policy decisions, particularly in
contested areas of the Middle East and the Horn of Africa.
"Cairo and Abu Dhabi remain long-standing
strategic allies with deep-rooted ties," Seif told TNA.
"There's coordination between the two capitals across a wide range of
regional and international files."
He expressed deep concern over the UAE's continued backing of what he
described as "splintering militias" in Yemen, Sudan, and Somalia, as
part of a strategy to secure control over critical maritime corridors in the
Red Sea and the Gulf of Aden.
"Such persistent support risks
destabilising the entire region," Seif warned, adding that it undermines
broader Arab unity.
Saudi Arabia seems to be keen on this
containment. On January 26, Saudi Foreign Minister Faisal bin Farhan described
ties with the UAE as both "vital" and "important" for
regional stability and the Gulf Cooperation Council.
He also expressed Riyadh's desire for
"strong and positive" relations, emphasising, however, that improved
ties with the UAE depended on Abu Dhabi's complete withdrawal from involvement in Yemen.
Related
Egypt moves to counter Israeli activity in Africa
BALANCING
ACT
Egypt's alignment with Saudi Arabia against
the UAE carries risks.
Relations between Abu Dhabi and Cairo have
been growing steadily over the past decade, with the UAE becoming a major
investor in the Egyptian economy.
With
around $60 billion in accumulated investments, it is the
largest foreign investor in Egypt, providing the Egyptian treasury with a
critical supply of foreign currency—a lifeline for the economy at a difficult
time when this economy continues to suffer the lingering effects of the
Russia-Ukraine war and Israel's genocidal
war on Gaza.
Analysts in Cairo argue that Egypt cannot stand idly by while its national interests and
security are being jeopardised: in southern Yemen, which overlooks the
Bab el-Mandeb Strait and consequently the southern entrance of the Red Sea; in
Sudan, long viewed as Egypt's backyard and an integral part of Egyptian
and Red Sea security; and Somalia which is equally important for the Red Sea
and the Suez Canal.
This is why Cairo has to protect its national
security interests, while at the same time preserving economic and investment
ties with the UAE, they added.
Mansi
explained that Egypt must carefully navigate a delicate balance,
safeguarding its national interests while preserving its strong ties with both
Abu Dhabi and Riyadh.
"In
reality, UAE investments have grown so substantial that they now form a
cornerstone of the Egyptian economy," he added.
Related:
The growing Saudi-UAE
power struggle in the Horn of Africa
A19 X55 X55 FROM 1440
|
Iran Talks in Oman |
|
Representatives from the US and Iran will meet overnight in Muscat,
Oman (10 am Friday local time) for rare face-to-face talks. White House envoy
Steve Witkoff and adviser Jared Kushner are expected to meet with Iranian
Foreign Minister Abbas Araghchi, among others. US-Iran tensions have escalated in recent weeks amid Iran’s
crackdown on protests last month. Senior Iranian officials estimate the death
toll at 30,000 people or more within
48 hours—a pace seen in the September 1941 Nazi massacre at Babyn Yar. The US
has sought to negotiate with Iran on two tracks: multilateral talks over
Iran’s human rights violations, missile program, and support for militant
groups, as well as bilateral nuclear negotiations. The delegations were
scheduled to meet in Istanbul; however, Iran recently pushed to relocate
talks to Oman and limit the scope to direct nuclear talks. The meeting comes days after alleged Iranian attempts to
target a US-flagged ship and aircraft carrier. |
A20 X56 X56 FROM GUK
‘I saw kids being shot, women, old people’: how a
massacre unfolded in one Iranian city
The Guardian has constructed a timeline for
the terrible events of one night of protests in Rasht, based on first-hand
accounts, video and photographs
Deepa Parent and Tess McClure. Fri 6 Feb 2026 01.00 EST
On Thursday 8 January, Iran went dark. In the
midst of massive national protests, the government shut down the internet,
phone calls, and almost all communication out of the country. That evening a
violent crackdown began. In some cities, government forces opened fire on
crowds, killing thousands – according to some estimates,
possibly tens of thousands – in two
days of bloodshed. The internet blackout has meant that a clearer picture
of what happened – drawn from witness reports, videos, photographs and
testimony from hospitals – has taken time to assemble.
When
the violence began, there were demonstrations taking place in more than 200
cities, according to human rights groups. This is the story of what unfolded in
one of them.
Thursday 8 January
5pm
At
the moment the Iranian authorities shut down the internet, Ali*, 36, and his
friends were already marching toward Shariati Street, which runs along the edge
of the grand bazaar in Rasht, central Iran. By the time they
reached the road, thousands of people were already there, chanting freedom
slogans.
The
protests had been building since Tuesday, with people from smaller surrounding
cities making their way to Rasht to join them. They flocked to the city’s grand
bazaar: a vibrant, historic marketplace, sprawling across a hive of
interconnected streets. The market’s location near the Haj Mojtahed mosque and
at the intersection of arterial city streets made it the heart of Rasht’s
bustling life – and a natural hub for the demonstrators. That evening, its
narrow streets were packed. “I would estimate there were more than 20,000
people surrounding the alleys and the boulevards near the bazaar,” says Ali.
People
of every age were there, he says. “My friend brought along his wife and his two
daughters, one nine and the other 12. We were all so happy and felt united to
be together for freedom.” Even when they realised that the internet had been
cut off, he wasn’t worried. “It didn’t matter if there was no internet or no
calls. We were all in this together and didn’t feel any danger.”
About
a kilometre north-west of Shariati Street was Siamak*, 40. He had been cautious
about joining the demonstrations, saying that the atmosphere had felt heavy as
crowds swelled across the city. But he understood why they were there.
“People were pushed to their limits. We
couldn’t afford the basics,” Siamak says. He had been at the bazaar earlier
that week, buying 2kg (4.4lb) of tangerines. They cost him 580,000 tomans, or
about £3.40 – more than a day’s pay for Iranians on the minimum wage.
“Everything just felt unaffordable. People just stood there, unable to buy
food. That triggered the anger,” he says.
As
he drove through the city, Siamak saw old people, children, entire families
joining the march. Groups of teenagers jumped out of cars and headed to the
market. “I lowered the window of my car and told them, ‘May god protect you, I
hope you are safe.’” But as the day wore on, he felt reassured that the people
were strong in numbers. “By Thursday afternoon, the conversations changed,” he
says. “People felt ashamed for staying home. Parents spoke about their children
and still said, ‘Why shouldn’t we go?’ It was no longer about money. It was
about dignity.” He, too, joined the thronging crowds.
8pm
As
night fell over the bazaar and surrounding streets, no one was going home.
Making your way through the crowds took time. From Moallem Boulevard, about 15
minutes’ walk from the bazaar, Siamak had slowly wound his way through
sidestreets to Rasht’s Municipality Square, which lies on the same block as the
market. He climbed up to a rooftop to get a view. “The crowd was massive,” he
says. Every street was packed.
Over
on Shariati Street, Ali and his friends chanted slogans as they got closer to
the alleys near the bazaar. The atmosphere felt jubilant, Ali says – when
suddenly, he felt something shift. “The feeling of victory turned to fear,” he
says, “I can’t explain the seconds before the catastrophe. I can’t explain how
that felt. Our hearts were racing. We were being surrounded by security forces
and plainclothes officers with masks.” He saw a set of white Toyota Hilux
vehicles with machine guns making their way into the crowds. Even at this
point, he says, he and his friends were not really afraid – they could not
imagine what was to come next.
From
just outside the market, Siamak recognised the sounds of shooting.
“I
heard explosions and nonstop gunfire coming from the direction of the bazaar.
People started running out toward the surrounding streets. Some were screaming.
Some were bleeding. From them, we learned what was happening inside,” he says.
Soon,
he smelled smoke and saw a red light in the sky. A fire was engulfing the
market.
8.30pm
Ali
thinks it was probably about 8.30pm when he spotted that the market was
burning. It is not clear exactly where, when and how the flames started, but
“the fire spread rapidly”, he says. “People inside were in a dilemma, whether
to run towards us or to save those in the fire. As soon as the smoke started to
spread, and we were trying to make space, we saw huge crowds fleeing the fire
and running towards the street.” Then, the security forces began to shoot.
“The
security forces began shooting at the fleeing crowds,” he says. “I saw people
being shot directly in the head, with AK47, G3 and also Dushka guns. It was as
if you could see how hell burns. I still can’t explain to you what I saw.” One
group of guards started firing in his direction, and Ali and his friends ran
for cover.
As
crowds poured out of the market and into surrounding streets, Siamak asked
those fleeing what was happening. “They said the municipal market and bazaar
had been set on fire. Firefighters were not allowed to enter. The bazaar’s
narrow alleys trapped people. When the fire spread, people were forced to choose: stay inside and
burn, or come out.
“When they came out, they were shot.”
Iran’s
state media says the
bazaar and one of its mosques were “burned down by foreign-backed rioters”.
Outside the market, Ali says he was witnessing a massacre first-hand.
Sookhte
Tekiyeh mosque, which was gutted by fire when Rasht Grand Bazaar burned down
during Iran’s January 2026 protests.
“I can’t, I really can’t find the words to
tell you what I saw. People were trying to stop the fire, but there was a group
of plainclothes people who attacked crowds trying to put out the fire and the
same group stopped the firefighters from entering the bazaar. They had
completely trapped people and also shot those who fled.”
Ali
says the bazaar was already on fire when he saw the Haj Mojtahed mosque
engulfed by flames.
“I
still can’t analyse in my head what happened in front of my eyes. I saw kids
being shot, women, old people … I can’t tell you. I saw lots of them shot in
their head and blood pouring out on the streets,” he says. Security forces and
armed, plainclothes men “went behind those fleeing, shot them – it was like
they chased the ashes and burned the ashes down too”.
“I
will never recover from what I witnessed. Never again, do I want to see this in
my life.”
9pm-midnight
For
Siamak, the aftermath was as catastrophic as the initial chaos. “I saw people
collapsing on the streets leading away from the bazaar,” he says. “Shooting
came from multiple directions. There were loud explosions, what people called
sound bombs. White Toyota Hilux vehicles filled with masked forces were
positioned under bridges and at exits.”
Word
spread that those who survived the first shots inside the bazaar were being
“finished off” by men with guns if they got out. “They didn’t let the wounded
live,” he says, overcome with emotion.
Hundreds
of people are estimated to have died in the flames as the bazaar burned, while
others were allegedly shot as they fled. Photograph: Courtesy of Tavaana
A
number of human rights groups have reported that authorities did not allow fire
engines to access the bazaar to put out the flames until after midnight. As the
shops and houses burned, Ali and Siamak retreated from the chaos, but returned
later that night to see what remained.
2am
It
has been reported that fire engines were not permitted proper access to the
bazaar until after midnight.
In
the early hours of the morning, Ali and his friends went back to check on the
streets surrounding the bazaar. It looked like about 500 shops had been burned
and patches of flames were still burning, he says. “It looked like the city was
burning to ashes. It was like a bad dream.” Some bodies had been carried from
the ruins and lay on the streets, burned beyond recognition.
“I
don’t think there’s any way [families could identify their loved ones], other
than a DNA test,” he says.
At
the city’s hospitals and clinics, the injured were flooding in. According to a
doctor [not named due to fear of reprisals] who compiled reports from emergency
department doctors in Rasht, the hospitals received “hundreds of burn victims
from the Rasht bazaar area, including bodies recovered with partial charring
and patients with extensive third- and fourth-degree burns who died in
subsequent days”. They also reported “hundreds of patients presenting with
combined gunshot and burn injuries, consistent with individuals being shot
while fleeing the burning area”.
The
pattern of injuries and fatalities documented by medics, the doctor says,
“resembles what might be expected in urban combat scenarios rather than
conventional crowd-control”.
DAWN
When
Ali went back to look again at about 5am, the bodies on the streets had been
removed.
What
happened in Rasht “leaves no doubt about the authorities’ intentions,” says Mahmood Amiry-Moghaddam,
director of Norway-based NGO Iran Human Rights. “The city was turned
into a killing field; people were hunted in alleys, shot in the streets, burned
out of hiding places, and executed when wounded. This was a clear example of a crime against humanity
under international law.”
For
Siamak, who has since fled the country, the memory of what happened – and what
families faced in the following days – is agonising. “Families were forced to pay large sums to
retrieve bodies,” he says. “Those who couldn’t pay lost them.” Some families
hid bodies in cars overnight. Others buried loved ones secretly – sometimes in
gardens, sometimes in unmarked graves.
“After
the massacre, the city felt destroyed,” he says. “No internet. No
communication. Everywhere I went, I heard that someone else had died. It felt
like prison – total isolation.”
*Names
have been changed to protect identities
A21 X51 X51 1 hr 9 min ago @CNN @to 260213
White
House says Iran talks still on after Tehran requested changes
From CNN's Kevin Liptak
Talks between the US and Iran will
proceed this week, despite changes requested by Tehran to the venue and format,
according to the White House.
“I just spoke with special envoy
(Steve) Witkoff, and these talks, as of right now, are still scheduled,” press
secretary Karoline Leavitt told reporters in the White House driveway.
“President Trump is always wanting
to pursue diplomacy first, but obviously it takes two to tango,” she went on.
“You need a willing partner to achieve diplomacy, and that’s something that
special envoy Witkoff is intent on exploring and discussing.”
The planned talks hit a snag Tuesday
after Tehran requested they be relocated to a different city, that regional
participants be excluded and that the scope of the discussions be limited to
just the country’s nuclear program, CNN reported earlier.
The new demands could complicate
efforts by Middle Eastern allies of the United States to broker a diplomatic
solution to sky-high regional tensions.
Leavitt said Trump was still keeping
open the option of military strikes if diplomacy fails.
“The president has a range of
options on the table with respect to Iran as commander in chief,” she said.
A22 X53 X53
@CNN @to 260213
1 hr 44 min ago
Iran
asks for changes to planned talks with US, throwing new wrench in diplomatic
efforts
From CNN's Kevin Liptak, Jennifer
Hansler and Kylie Atwood
Talks between the US and Iran planned for later this week hit
a snag Tuesday after Tehran requested they be relocated, that regional
participants be excluded, and that the discussions’ scope be limited to the
country’s nuclear program, according to three sources familiar with the matter.
The new demands could complicate
efforts by Middle Eastern allies of the United States to broker a diplomatic
solution to sky-high regional tensions.
The talks had been set for Istanbul,
with foreign ministers from Egypt, Oman, Pakistan, Qatar, Saudi Arabia and the
United Arab Emirates also expected to attend.
Tehran is now asking for an
alternate location: Oman, the small Gulf sultanate that has previous hosted
talks between the US and Iran.
Iran is also stipulating the talks
be conducted bilaterally, without the other nations’ representatives.
And it has requested the scope of
the discussions be limited to the nuclear issue. The US has said its demands for
Iran extend beyond an end to its nuclear program to curbing its ballistic
missiles and ending support for regional proxy groups.
What the changes — first
reported by Axios — portend for the diplomatic efforts wasn’t
clear. Already, some
American officials had privately warned that Iran may be using diplomacy to
play for time in preventing military action.
The two US participants in the
discussions — foreign envoy Steve Witkoff and President Donald Trump’s
son-in-law Jared Kushner — arrived in the region on Tuesday for talks with
Israeli officials.
Trump said Monday that talks were
ongoing but continued to point to the large military buildup in the region as evidence
of his willingness to order strikes.
“Right
now we’re talking to them. We’re talking to Iran, and if we can work something
out that’ll be great, and if we can’t, probably bad things would happen,” he
said.
A23 X52 X52 1 hr 24
min ago @CNN @to
260213
US
aircraft carrier shoots down Iranian drone that "aggressively
approached" the ship, military says
From CNN's Natasha Bertrand
A US aircraft carrier shot down an
Iranian drone that “aggressively approached” the ship in the Arabian Sea today,
hours before two gunboats operated by Iran’s Islamic Revolutionary Guard Corps
approached a US-flagged tanker in the Strait of Hormuz and threatened to board
and seize the ship, according to a US military spokesperson.
The two incidents occurred
days before US and Iranian officials are due to meet Friday for
diplomatic negotiations meant to avert a military clash.
In the first incident: US forces shot down an Iranian drone
“as the unmanned aircraft aggressively approached” the USS Abraham Lincoln
aircraft carrier, which was transiting the Arabian Sea about 500 miles from
Iran’s southern coast, said Capt. Tim Hawkins, a US Central Command
spokesperson.
“The Iranian drone continued to fly
toward the ship despite de-escalatory measures taken by US forces operating in
international waters,” Hawkins said. An F-35C fighter jet from the Lincoln shot
down the drone to protect the carrier and its personnel, he said.
“No American service members were
harmed during the incident, and no U.S. equipment was damaged,” Hawkins said.
The second incident: Hours
later, two Iranian gunboats approached the M/V Stena Imperative — a chemical
tanker operated by Americans flying under the US flag in the Strait of Hormuz —
passing the ship three times at high speeds as an Iranian Mohajer drone also
flew overhead, said Hawkins. During one of their passes, the Iranians
threatened via radio call that they would board and seize the tanker. The
tanker was in international waters, Hawkins said.
US military forces operating in the
area responded when they learned of the Iranian threats. The USS McFaul
destroyer escorted the tanker away from the area along with defensive air
support from the US Air Force, Hawkins added. The situation de-escalated as a
result.
A24 X54 X54
FROM US NEWS USE A
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A25 X61 X61 from politico
Trump’s crypto ties pose growing obstacle on Capitol Hill
A long-standing policy priority for the
cryptocurrency industry is on the brink of running into a Donald Trump problem.
By Declan Harty and Jasper Goodman 02/05/2026 04:45 AM ESTUpdated: 02/05/2026
11:05 AM EST
A new controversy over President Donald Trump’s ties to the
cryptocurrency industry is sharpening Democratic demands that a sweeping digital assets bill
include a provision reining in the first family’s crypto empire. @get/find
Even as the White House presses Congress to pass the
industry-friendly legislation, the Trump family’s growing crypto businesses are
emerging as an unavoidable obstacle after news that an Abu Dhabi royal backed a
$500-million investment in a Trump-linked venture called World Liberty
Financial.
00:00
The Abu Dhabi deal, as first reported by The Wall Street Journal,
is hardening Democrats’
resolve to include ethics guardrails in the bill and setting up a major
standoff. And because Republicans will need Democratic votes to pass the
legislation, it’s giving lawmakers on the left a rare point of leverage to
address long-festering ethics concerns about the Trump family’s business
dealings.
“It has created more of a sense of moral urgency for us to have
ethics as part of this,” said Sen. Cory Booker of New Jersey, who is considered a
pro-crypto Democrat. “The Trump administration has demonstrated the
grossest, most egregious corruption from the White House we have ever seen.”
Sen. Adam Schiff (D-Calif.), who has
been involved in negotiations over the legislation, said the bill needs to
include ethics language that doesn’t “treat the president differently than any
other federal employee.” “If anybody needed another reminder, they just got
it,” he added.
The coming clash will mark a major test of bipartisan dealmaking
in the Trump era. Both Republicans and Democrats have made clear their appetite
for passing the bill. Yet, to do so, Democrats who have loudly expressed
outrage over the first family’s crypto dealings will need to strike a deal with
a White House that has
rejected the notion that Trump faces any conflicts of interest from his
family’s and friends’ businesses.
Hanging over it all is the
massive war chest that crypto firms have built to spend on industry-friendly
candidates and lawmakers — and against those who oppose the bill. If the White House won’t budge on
an ethics provision that is acceptable to the left, Democrats could still face
political pressure to support the bill due to the money looming over the 2026
midterm elections. Fairshake
— a crypto super PAC group backed by industry giants like Coinbase, Ripple and
Andreessen Horowitz — recently disclosed that it has more than $190 million on
hand heading into the midterms.
A yearslong industry priority, the so-called crypto market
structure bill, would divvy up oversight of crypto trading in the U.S. between
Wall Street regulators. Crypto executives and lobbyists who have been fighting
for such legislation say it would finally provide the market with the needed
regulatory legitimacy for digital assets to become part of the financial
mainstream. The Senate
Agriculture Committee, which is in charge of one-half of the bill, advanced its
portion last month in a party-line vote, while the Senate Banking Committee is
still working through its part.
Yet, with the support of at least seven Democratic senators
needed, the bill’s fate could ultimately hinge on whether Republicans and the
White House will agree to separate Trump and his family from their rising crop of lucrative crypto ventures.
Democrats, led by Schiff and Sen. Ruben Gallego of
Arizona, have negotiated for months with Republicans and White House officials
over ethics language. But they’ve been unable to clinch a deal, and talks are
now in a lull as the White House works to solve other outstanding issues with
the bill.
Republicans have largely brushed aside the concerns about the
Trump family’s businesses, but have shown a willingness to strike an ethics
deal in order to unlock bipartisan support for the so-called market structure
bill. They have largely deferred to the White House on what an acceptable
compromise would look like. Sen. Cynthia Lummis, a crypto-friendly Wyoming Republican who
has been involved in the ethics negotiations, said in an interview she views
concerns about the Abu Dhabi investment in World Liberty as just “another
attack on Trump that is pretty baseless, to be honest.”
“How far do you have to separate yourself from the financial decisions of your children before
you take serious criticism?” Lummis said.
But even Lummis acknowledges the Abu Dhabi deal presents a new
headache. “It does,” she said. “But it shouldn’t.”
Indeed, Gallego said the deal “reinforces why we have to have
ethics as part of the final market structure bill.”
The Abu Dhabi deal centered on World Liberty, a crypto venture
that Trump and his sons rolled out in the heat of the 2024 presidential
race. Under the terms, a company backed by Sheikh Tahnoon bin Zayed Al Nahyan
acquired a 49 percent stake in World Liberty for the $500 million investment —
$187 million of which went to Trump-affiliated entities, The Wall Street
Journal reported.
A World Liberty spokesperson, David Wachsman, has since confirmed
the deal in a statement while noting that Trump was not involved in the
transaction and currently has no role with the company. Wachsman added on
Wednesday that “World Liberty Financial is not a political organization.”
White House spokesperson
Anna Kelly said in a statement that Trump “only acts in the best interests of
the American public — which is why they overwhelmingly re-elected him to this
office, despite years of lies and false accusations against him and his
businesses from the fake news media.” @ ie the WSJ?? White House counsel David
Warrington said Trump “has no involvement in business deals that would implicate
his constitutional responsibilities.”
“President Trump performs his constitutional duties in an
ethically sound manner and to suggest [otherwise] is either ill-informed or
malicious,” Warrington said.
The investment has, nonetheless, spurred new ire about Trump’s
expanding crypto empire.
Democrats and ethics experts have repeatedly raised concerns about
Trump-linked crypto dealings over the last 18 months. But the Abu Dhabi deal,
for many, stands apart.
“We’ve all become a little inured to Trump and Trump family
conflicts of interest and transgressions of traditional norms,” said Robert
Weissman, co-president of the liberal-leaning consumer advocacy group Public
Citizen. “But this is categorically different than anything that has come before
and fundamentally compromising of our foreign policy. Hopefully, this reality
will, at minimum, spur inclusion of ethics provisions in the bill.”
Billionaire GOP megadonor
Ken Griffin, when asked about the deal at an event Tuesday, said “this administration
has made missteps in choosing decisions or courses that have been very, very
enriching to the families of those in the administration.”
“And that calls into
question: Is the public interest being served?” said Griffin, who applauded other moves from
the administration during his remarks. “There’s just a necessity for us as a
society to reembrace some of the critical concepts of ethics in public
services.”
Rep. Ro Khanna of California — the top
Democrat on the House Select Committee on the Strategic Competition between the
U.S. and China — wrote in a letter to
World Liberty co-founder Zach Witkoff on Thursday that he has launched an investigation into the deal.
Khanna also pressed U.S. Attorney Benjamin Wallace of Delaware to probe the
transaction in a separate letter.
In response to an inquiry about Khanna’s letters, Wachsman, the World Liberty
spokesperson, said, “These lawmakers are harassing a private American business
to score political points. ... This is a baseless assault.”
Sen. Bernie Moreno, a Ohio Republican who sits on the Banking
Committee, said Thursday at an event in Washington that lawmakers have “no
business” writing rules regulating presidential ethics, given that they are
already laid out in the Constitution. “It’s all distraction,” he added.
Ethics is just one part of the to-do list still surrounding the
bill — and far from a new one. Lawmakers and the White House are also working
to resolve a lobbying clash between banks and crypto firms that has split
Republicans and jeopardized the bill’s path to advancing out of the Banking
Committee.
But the ethics issue is likely to be in the spotlight if the bill
moves toward the Senate floor. And the new Trump deal is giving more fuel to
crypto critics.
“Every time the crypto industry has tried to move their bill
forward, a lot of folks in Congress who want to support it have had to look the
other way on the ethics issue,” said Sen. Elizabeth Warren of Massachusetts, the top
Democrat on the Banking Committee. “This latest apparent bribe from the UAE, that puts our national
security at risk, means that crypto supporters now have to overlook an even
taller steaming pile of corruption.”
A26 X64 X64 from abc
White House faces questions over UAE
royal's investment in Trump family's crypto firm
The
controversy centers on a reported $500 million deal with an Emirati royal.
By Lucien Bruggeman and David Brennan February 2, 2026, 10:12 AM
President
Donald Trump's cryptocurrency firm, World Liberty Financial, sold a $500
million stake to a member of the Emirati royal family shortly before his
inauguration last January, The Wall Street Journal reported
on Saturday, sparking concerns over a potential conflict of interest.
According
to the Journal, which reviewed undisclosed corporate documents, a firm
associated with Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who
operates an enormous state investment fund, purchased a 49% stake in World
Liberty, which is co-owned by Middle East envoy Steve Witkoff and his family,
just four days before the Trump administration swept into office.
Months
later, the Trump administration agreed to supply the UAE with highly coveted
American-made AI chips despite the prior administration's concern that they may
fall into the hands of the Chinese.
David
Wachsman, a spokesperson for World Liberty Financial, acknowledged the
existence of the deal in a statement to ABC News, but insisted that
"neither President Trump nor Steve Witkoff had any involvement whatsoever
in this transaction" and that "any claim that this deal had anything
to do with the Administration's actions on chips is 100% false."
"We
made the deal in question because we strongly believe that it was what was best
for our company as we continue to grow. The idea that, when raising capital, a
privately-held American company should be held to some unique standard that no
other similar company would be held is both ridiculous and un-American,"
the statement continued.
David
Warrington, the White House counsel, told ABC News in a statement that
"the President has no involvement in business deals that would implicate
his constitutional responsibilities," and that "President Trump
performs his constitutional duties in an ethically sound manner and to suggest
so otherwise is either ill-informed or malicious."
But the
Journal's report adds yet another wrinkle to the U.S. decision to sell highly
coveted advanced chips to the Emiratis.
As ABC
News previously reported,
shortly before the chips deal was announced, a UAE-backed investment firm
called MGX announced last May that it would use a digital token minted by World
Liberty Financial to finance a $2 billion investment in a crypto exchange
Binance, a major boon for the firm.
Trump family crypto venture tapped as part of $2B
Emirati-backed investment deal
Shiekh
Tahnoon, who is the brother of the UAE's president, also serves as MGX's chairman.
The Biden
administration declined to provide the UAE with the chips, which power some of
the most sophisticated weapons on the planet, for fear they might be redirected
into China.
Peter
Wildeford, the head of policy at the AI Policy Network, a nonpartisan advocacy
group, warned that could close the U.S.'s advantage in the AI race and
compromise American security.
"If
China gets their hands on these chips at scale, they would be able to launch
cyberattacks against the U.S., they could build autonomous weapons that could
find and sink our Navy ships -- they could close the military technology gap
that's currently keeping us safe," he said.
World
Liberty has emerged as perhaps the most lucrative of the Trump family's various
business ventures, either in cryptocurrency or real estate. ABC News reported last year that
the Trump family secured a roughly $5 billion windfall when trading of World Liberty’s
digital token opened.
According
to the Journal, Shiekh Tahnoon agreed to pay half of his investment in World
Liberty up front. Based on the ownership structure of the company at the time,
that meant a payment of as much as $187 million into the Trump family's coffers
on the eve of his return to office.
Ethics
experts said the concept of a foreign government official secretly directing
hundreds of millions of dollars to a company owned in part by the president has
no known precedent -- and raises a host of ethical and national security
concerns.
"Maybe
the President would have reached the same decision over the transfer of high
techn [chips] to UAE if he wasn't also getting money from them," said
Robert Weissman, the co-president of the advocacy group Public Citizen.
"But we've got no way to know that, and we do know there was a lot of
opposition inside the government to do exactly what he has OK'd."
White
House spokeswoman Anna Kelly maintained that the president "only acts in
the best interests of the American public," and said that no conflict of
interest exists in part because the president's assets are held in a blind
trust managed by his children. Typically, a blind trust would operate with an
independent trustee.
"President
Trump’s assets are in a trust managed by his children," Kelly added.
"There are no conflicts of interest."
The Trump
Organization did not immediately respond to a request for comment.
Questions grow over UAE royal’s investment in Trump
family’s crypto firm
Congressional
Democrats leapt at new details in the report, characterizing the transaction as
further evidence of alleged pay-for-play. Sen. Chris Murphy, D-Conn., alleged
"mind blowing corruption," in a post to X.
Sen.
Elizabeth Warren, D-Mass., issued a statement calling the deal
"corruption, plain and simple."
"Foreign
countries are bribing our president to sell out the American people," Sen.
Chris Van Hollen, D-Md., claimed in a post to X.
Shortly
before the chips deal was announced last May, a UAE-backed investment firm
called MGX said it would use a digital token minted by World Liberty Financial
to finance a $2 billion investment in a crypto exchange Binance. Tahnoon also
serves as MGX's chairman.
MGX is
also one of the few companies with a major ownership stake in the new TikTok
U.S. joint venture, with a 15% stake in the new entity.
ABC News' Selina Wang contributed to this
report.
A27 X70 blockchain – get
or...
A28 X72 X72 FROM FORBES
DUPE: FROM A6 USE EXCERPTS
Binance—Whose Founder Was Pardoned—Now Holds 87% Of
Trump’s Stablecoin
By
Zach Everson, Feb 09, 2026, 02:37pm
ESTFeb 10, 2026, 01:35pm EST
Binance holds about 87% of USD1, the
stablecoin issued by a Trump family crypto venture—a greater concentration than
any other major stablecoin has at a single exchange—underscoring the depth of
the financial relationship between Binance, whose founder Trump pardoned in
October, and World Liberty Financial, which already has added an estimated $1
billion to President Donald Trump’s net worth.
Between its own wallets and its users’
accounts, Binance holds approximately 87% of all
USD1 in circulation—roughly $4.7 billion of the $5.4 billion total supply—the
highest concentration at any third-party exchange among the top 10
stablecoins by market cap as of Monday, according to a Forbes
analysis of data from Arkham Intel, a blockchain analytics platform.
World Liberty Financial may be deepening that
concentration: In late January, two days after Binance announced a promotion where USD1
holders would be awarded $40 million in one of World Liberty Financial’s other
crypto products, $WLFI, Trump’s crypto venture transferred about
that much worth of $WLFI to Binance, according to Arkham.
Binance is prohibited from serving U.S.
customers under the terms of its 2023 settlement with the Treasury Department,
meaning if the rules are properly followed, the 87% of USD1 kept in
Binance-controlled wallets would mostly be held on behalf of customers outside
the United States.
A Trump-affiliated
LLC owns about 38% of World Liberty Financial, which stands to
profit from its stablecoin by investing
the dollars backing USD1 in assets like U.S. Treasurys, keeping
the interest (currently around 3.6%).
In
2025, the Securities and Exchange Commission dropped its lawsuit against Binance for
alleged securities law violations just days after the exchange first listed
USD1, and in October, Trump pardoned its co-founder and former
CEO Changpeng “CZ” Zhao, who pleaded guilty in 2023 to failing to
maintain an effective anti-money laundering program.
Binance told Forbes its involvement with USD1
is similar to what it provides for other cryptocurrencies, “it is not uncommon
for large exchanges to hold large amounts of certain tokens,” and there is no
connection between Zhao’s pardon and Binance’s promotions of USD1; World
Liberty Financial called the promotions “standard practice” and said any
suggestions Binance can influence the company are “patently false;” Zhao’s attorney called the
pardon an effort to “rectify an injustice;” and White House press secretary
Karoline Leavitt said Trump has never and will never engage in conflicts of
interest.
Molly White, an independent
crypto researcher, told Forbes the concentration is unusual, though
“not terribly surprising” given Binance’s USD1 promotions, which she called the
most generous she’s seen. She said there is “at least theoretical risk” when a
token is highly concentrated at one exchange—such as assets being locked in
bankruptcy proceedings—and the
concentration gives Binance “some degree of leverage” over World Liberty
Financial, especially since some of the 87% is likely assets the exchange owns
rather than holds on behalf of customers.
CONTRA
“Any
implication that Binance can exert control or influence over World Liberty
Financial is patently false,” World Liberty Financial spokesperson David
Wachsman told Forbes,
comparing the Binance listing to consumer brands being “happy to have shelf
space at Walmart.” He also noted the company has run promotions at other
exchanges. A Binance spokesperson said its involvement with USD1 is “limited to
standard listing, infrastructure, and market-access services that we provide to
a wide range of projects on consistent terms” and it employs “robust risk management measures” to
provide a “secure and stable trading environment.”
CRUCIAL
QUOTE
“It’s rare to see @heyibinance highlight a
project,” World Liberty Financial co-founder and COO Zak Folkman posted on X
after the promotion was announced.
Binance’s
Usd1 Holding Stands Out Among Top Stablecoins

Binance holds a higher percentage of USD1 than
any other exchange holds of any stablecoin in the top 10 by market
capitalization. Market-cap rankings via DefiLlama; exchange holdings from
Arkham, Feb. 9, 12–1 p.m. EST.
Forbes analysis
Key
Background
In May,
World Liberty Financial co-founder and CEO Zach Witkoff said MGX, a
state-backed Abu Dhabi fund, would use $2 billion worth of USD1 to invest in
Binance—effectively placing $2 billion of reserves with USD1’s custodian and
boosting interest income for World Liberty Financial’s owners. The transaction
also helped lift USD1’s market cap, improving its scale and visibility. A Binance spokesperson previously told Forbes it “did not
control the payment method chosen by MGX,” while an MGX representative said her
company selected USD1 for its business suitability, the currency of its backing
assets and its “compliance history” (though stablecoin was brand new at the
time). Then in December, World Liberty Financial said Binance would convert the assets it had set aside to
back a token tied to its sunsetting stablecoin, BUSD, into USD1. That
move “further embedd[ed] the stablecoin within the exchange’s ecosystem,”
making it “an integral part of Binance’s updated collateral structure,”
according to World Liberty Financial’s announcement. In its gold paper, World
Liberty Financial described itself as “pioneering a new era of Decentralized Finance.”
WHAT
IS TRUMP’S LINK TO WORLD LIBERTY FINANCIAL?
World Liberty Financial, which launched in
September 2024, was “inspired
by the vision of Donald J. Trump” and lists him as its co-founder emeritus,
alongside co-founders Donald Trump Jr., Eric Trump and Barron Trump. An
LLC affiliated with Trump and some family members owns about 38% of World
Liberty Financial and 22.5 billion $WLFI tokens and the LLC is entitled to 75% of
the proceeds from sales of $WLFI, per the small print on its website. Trump reported making $57.4 million from World Liberty
Financial on his latest financial disclosure, which appears to
cover the 12 months ending in December 2024, income he receives through the
Donald J. Trump Revocable Trust. He is its sole donor and beneficiary, while
Donald Trump Jr. serves as the trustee. The Trump Organization confirmed
in an April regulatory filing in the United Kingdom that Trump retains control over his businesses
while in office.
.
WHAT
WE DON’T KNOW
Beyond the $2 billion it has from MGX, it’s
not clear how much of the $4.7 billion of USD1 in Binance’s accounts is owned
by the exchange and how much is owned by its customers. Corey Frayer, a former senior adviser on crypto
markets to the SEC chair during the Biden administration, told Forbes the
concentration “suggests that USD1 was never meant to be a real stablecoin,” but
just a way to funnel money to Trump. Frayer noted that Binance
previously has been charged with wash-trading through the Zhao-owned Sigma
Chain AG, adding, “We actually don’t know who controls those other accounts.”
Binance's attorneys denied the wash-trading allegations in a
court filing, and Trump’s SEC dropped the case in May 2025.
SURPRISING
FACT
Binance’s U.S. affiliate, Binance US, holds just $1,119 of USD1, according to Arkham Intel.
That so little USD1 is held in Binance’s U.S. company “strongly suggests” it’s
mostly foreign entities making these deals with World Liberty, Frayer said.
HEIGHTENED
SCRUTINY OF TRUMP CRYPTO DEALINGS
On Jan. 31, the Wall Street Journal reported that in
January 2025, just days before Trump returned to the White House, Eric Trump signed a deal with lieutenants
of Sheikh Tahnoon bin Zayed Al Nahyan—who heads multiple United Arab
Emirates investment funds, is the country’s national security advisor and is
the deputy ruler of Abu Dhabi—to sell him 49% of World Liberty Financial for
$500 million. Tahnoon is also the chair of MGX, the UAE-backed technology
investment fund that used $2 billion worth of USD1 to invest in Binance.
Tahnoon’s stake does not entitle him to any proceeds from the sales of $WLFI,
the Journal reported, citing company documents. The deal also placed two
associates of Tahnoon on World Liberty Financial’s five-member board. On Wednesday, Rep. Ro Khanna,
D-Calif., the ranking member on the House Committee on China, launched an investigation into whether
the deal influenced U.S. policies on AI chip exports to China, demanding World
Liberty Financial turn over info on its $500 million deal with Tahnoon.
White House counsel David Warrington told the Journal “the president has no
involvement in business deals that would implicate his constitutional
responsibilities.”
WHAT
TO WATCH FOR
Whether USD1’s concentration at Binance
persists after the $40 million WLFI promotion ends on Feb. 20—or whether
holders ditch or move the currency at that point. Rep. Khanna has set a March 1
deadline for World Liberty Financial to produce records.
WHAT’S
THE DIFFERENCE BETWEEN $WLFI AND USD1?
$WLFI is
a governance token World Liberty Financial began selling in October 2024 to
accredited and foreign investors. The tokens do not represent ownership in any
company, are not backed by underlying assets and were originally
non-transferable until holders voted in July to unlock some of them. They just
allow holders to vote on decisions affecting the project. USD1,
announced in March 2025, is a stablecoin meant to be redeemable 1-to-1 with
U.S. dollars and backed by dollars and U.S. government money markets. Binance
account holders are currently receiving $WLFI tokens in exchange for holding
USD1 via the promotion.
BIG
NUMBER
235 million: The amount of $WLFI tokens World
Liberty Financial transferred to Binance, ostensibly to fund the promotion.
TANGENT
Cryptocurrencies
have been plummeting recently, with bitcoin
down around 45% from its all-time high in October 2025
and ethereum down
57% from its August peak as of noon Monday, according to CoinGecko. $WLFI hit an all-time low of $0.09831 on
the public markets on Sunday down 66% from its all-time high—but still two to
seven times higher than what early backers paid.
FORBES
VALUATION
Forbes
estimates Donald Trump is worth about $6.4 billion today,
an increase of about $2.1 billion since his election to a second term in
November 2024.
World Liberty Financial's token added about $1 billion to his net worth,
as of October 2025.
Forbes Why The Trump-UAE Crypto Deal Made No Financial Sense—For The
Emiratis By Kyle Khan-Mullins
Forbes Trump Billionaires Club: New Game Adds Utility To His Struggling
Meme CoinBy Zach Everson
Forbes
As Trump Defends Foreign Workers, His
Company Sought Record Number In 2025
Binance.US is the crypto trading platform for US residents where you can
buy, sell, and trade cryptocurrencies and alt coins with some of the lowest
fees in ...
https://en.wikipedia.org ›
wiki › Binance
Binance Holdings Ltd.,
branded Binance, is the largest cryptocurrency exchange in terms of daily
trading volume of cryptocurrencies. Binance was founded in ...Read more
@get finish
Binance Holdings Ltd., branded Binance, is the largest cryptocurrency
exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017
by Changpeng Zhao.
Binance was initially based in China, then moved to Japan, subsequently left
Japan for Malta, and currently has no official company
headquarters. According to data from blockchain analytics company Arkham Intelligence,
Binance is the largest crypto-holding entity in the world with over $200
billion in digital assets.[8]
Binance has been the subject of lawsuits and
challenges from regulatory authorities.[9] As a result, Binance has been banned
from operating or ordered to cease operations in some countries, and has been
issued fines. On 21 November 2023, Binance pled guilty to violating U.S. anti–money laundering rules
and paid a $4.3 billion dollar fine.[10] The UK's Financial
Conduct Authority ordered Binance to stop all regulated
activity in the United Kingdom in June 2021.[11] In March 2025, Wall Street
Journal uncovered that the company was in talks with the family of Donald
Trump about business dealings.[12] In August 2025, Wall Street
Journal found that Binance was quietly administering a trading
platform for the Trump family's World Liberty Financial.[13] The company paid lobbyists $800,000 to
lobby for a pardon from Trump for Binance founder Changpeng Zhao.[10] In October 2025, President Trump
pardoned Zhao.[14][15]
A28
X68 X68
FROM GUK
Trump’s family is
embroiled in a $500m UAE scandal. We’ve hardly noticed
Mohamad
Bazzi
A
crypto startup founded by Trump’s family signed a huge deal with the UAE
president’s brother. Where’s the political fallout?
Fri 6 Feb 2026 10.00 EST
Days before Donald Trump returned to office in
January 2025, an investment firm controlled by a senior member of the United
Arab Emirates royal family secretly signed a deal to pay $500m to buy almost
half of a cryptocurrency startup founded by the Trump family. Under any other
president, such an arrangement, which was revealed this past weekend by the Wall
Street Journal, would cause a political earthquake in Washington. There would
be demands for an investigation by Congress, televised hearings and months of
damage control.
But
this latest example of corruption involving Trump and his family business
hardly made a blip over the past few days, relegated to a passing headline in a relentless news cycle often
dominated by Trump’s actions and statements.
This
scandal deserves our attention: a half-billion-dollar transaction with a
foreign government official, executed in the shadow of Trump’s inauguration,
which directly enriched the president and his family. The deal to acquire a 49%
stake in World Liberty Financial, the crypto
company founded by the Trump family and several allies in the
fall of 2024 during Trump’s presidential campaign, was backed by Sheikh Tahnoon
bin Zayed Al Nahyan, one of the most powerful officials in the UAE. Known
as the “spy sheikh”, Tahnoon is the brother of the UAE’s
president and serves as national security adviser. He also oversees one of the
largest investment empires in the world, serving as chair of two Abu Dhabi
sovereign wealth funds, which have $1.5tn in assets, and G42, a firm focused on
artificial intelligence.
It’s time to defund the oligarchy and invest in the
American people
It’s
dizzying to keep up with the ways that Trump has monetized the presidency and
used it for personal profit in his second term. The Trump Organization, run by
the president’s sons, has negotiated foreign real estate deals worth billions of dollars, some
of which involve private companies backed by governments of the three wealthiest Arab
petrostates: Saudi Arabia, Qatar and the UAE. In May, as Trump prepared to
visit the Middle East, Qatar’s government donated a $400m luxury Boeing jet,
which is being refitted by the US military so Trump can use it as Air Force One.
It was probably the most expensive gift from a foreign government in US history – and
Trump has said the plane will be transferred to his presidential library when
his term ends in 2029, meaning he could still use it after he leaves the White
House.
In
late May, the president hosted a private dinner at his Virginia golf club
for the 220 largest buyers of his memecoin, called $Trump, which is a type of
cryptocurrency connected to an online joke or mascot and has no inherent value.
The top 25 buyers in the crypto contest got invited to a VIP
reception with Trump and a White House tour. In all, the Trump family’s crypto
business raked in about $148m from the contest, most of it from
foreign or anonymous buyers. The top spender was Justin Sun, a Chinese crypto
billionaire who bought more than $20m worth of Trump’s memecoins. (In February
2025, a few weeks after Trump took office, the Securities and Exchange
Commission suspended a civil fraud case it had brought against Sun in 2023 –
leading to accusations that he was getting favorable treatment because he
had invested $75m in another of the Trump family’s
crypto projects. A spokesperson for Sun said he had “not requested
special treatment, nor conditioned any commercial activity on regulatory
decisions”.)
Despite
the sheer scale of these conflicts surrounding Trump over the past year, the $500m deal involving World Liberty and the UAE’s
Tahnoon is “the only known case of a foreign government official purchasing a
major stake in a Trump company after his election”, as the Journal reported. By intertwining his personal fortune
with the ruling families of the Gulf, Trump has compromised his ability – and
the ability of his entire administration – to negotiate foreign policy and act
as an honest broker. How can Washington credibly pressure the UAE on its role fueling a civil war in Sudan, when the
Emirates’ national security adviser is a business partner of the US president?
Over
the past decade, Tahnoon has steered foreign policy negotiations with the US
over major issues including fighting terrorism, economic investments and
securing UAE access to advanced computer technology. In March, he visited
Washington and met with Trump, gaining access to top cabinet members
and being feted at a White House dinner – honors normally bestowed on a
visiting head of state. The public did not know about the secret deal Tahnoon’s
investment firm had signed two months earlier with the Trump family’s crypto
company.
The
revelations also underscore why Trump’s foray into crypto has turned into the
most lucrative, and dangerous, way for him to profit from the presidency. After
Trump’s first term, his family business expanded beyond a real estate
conglomerate that licensed the Trump brand to hotels, golf resorts and
residential towers around the world – it now includes media platforms such as
Truth Social and various crypto ventures. Overall, the Trumps generated $1.4bn
from crypto projects over the past year, making up almost a fifth of the
family’s estimated fortune of $6.8bn, according to Bloomberg.
These
crypto ventures are particularly ripe for exploitation because they allow Trump
and his family to collect hundreds of millions of dollars from foreign
investors and government officials who would usually have a difficult time
channeling money to a US politician. Trump is not only enriching himself
through the presidency, he’s tapped into an industry that is rife with fraud
and a lack of transparency. Within months of returning to office, the Trump
administration began to deregulate the industry and ordered the justice
department to disband a national unit dedicated to investigating crypto-related
fraud, which was set up in 2022 under Joe Biden’s administration.
It’s
dizzying to keep up with the ways that Trump has monetized the presidency and
used it for personal profit in his second term
While
the infusion of $500m into World Liberty Financial last year was a great deal
for Trump and his family, it didn’t make much financial sense for Tahnoon, the UAE royal
who engineered the investment into a fledgling crypto firm that was doing
little business before Trump took office. So what did the UAE get in return for
its money?
It
seems the authoritarian monarchy got the keys to unlock the future of
artificial intelligence. Tahnoon’s secret investment turned out to be one of
two large transactions last year involving the Trump family’s crypto company
and the UAE government. At a crypto conference in Dubai in May, Trump’s son
Eric and a business partner, Zach Witkoff (who is also the son of Steve
Witkoff, the president’s special envoy to the Middle East), announced that MGX, another company chaired by Tahnoon,
would invest $2bn using a stablecoin issued by World Liberty. A stablecoin is a
type of digital currency that maintains a price of $1, and the MGX transaction
could generate tens of millions of dollars in interest revenue for the president and his family
each year.
At
the crypto convention, Zach Witkoff hailed the MGX deal as an endorsement of
World Liberty’s capabilities as a tech startup. But he failed to disclose that the two companies shared
major investors and were being led by some of the same executives. Tahnoon’s
earlier $500m investment enabled him to name two members of World Liberty’s
board – and those two directors also served on the MGX board, according to the
Journal’s investigation.
Two
weeks after MGX’s $2bn investment in the Trump family’s crypto firm, the Trump
administration allowed the UAE to buy hundreds of thousands of
advanced computer chips critical for AI development. The chips are made by US
companies, especially Nvidia, and the Biden administration had restricted how
many chips certain foreign countries can buy to prevent the technology from
being misused. But Trump scrapped those restrictions.
Some
US national security officials objected to selling advanced chips to the UAE and
worried that Emirati companies would share them with China, which could use the
technology to enhance its military systems. In an investigation published in
September, the New York Times revealed that the UAE’s
negotiations with the Trump administration over access to AI chips involved
Steve Witkoff and Tahnoon – and intersected with the Emirates’ investment in
the Trump (and Witkoff) families’ crypto venture.
The
White House insists that there was no connection between the World Liberty
crypto transaction and the administration’s decision to sell AI technology to
the UAE – and claims that Trump and Witkoff have no conflict of interest
because they have stepped aside from their family businesses. “The president
has no involvement in business deals that would implicate his constitutional
responsibilities,” the White House counsel, David Warrington, said on Sunday, after the latest revelations about the
UAE royal’s investment in World Liberty. “President Trump performs his
constitutional duties in an ethically sound manner, and to suggest so otherwise
is either ill-informed or malicious.”
While
Trump’s aides argue that he’s living up to the highest ethical standards, the
Republican-led Congress has shown little interest in investigating an
astonishing series of corrupt actions and self-enrichment that would have
devastated any other presidency. And as Trump and his family tally the
expanding profits from their crypto empire, the rest of us must reckon with the
cost to our democracy.
·
Mohamad
Bazzi is director of the Center for Near Eastern Studies, and a journalism
professor, at New York University
X19 ad Ramadan, Chinese new year
A29 X19 FROM
TIMEOUT ABU DHABI
Break your fast under the moonlit sky this Ramadan
Enjoy traditional dishes, uninterrupted sea
views, oud melodies and more
by Time Out Editors February 10, 2026
Ramadan
is the time to reflect, relax and spend meaningful time with loved ones. And what better way to do it than by the
shore at Saadiyat Island?
Michelin-selected Tean is the place to be this
Ramadan, because as the sky turns a deep indigo and as the Arabian Sea
stretches out in front of you, you’ll feel rather content.
The restaurant hosts an iftar and a suhoor
that can easily be compared to a coastal retreat.
Discover how you can spend those precious
moments this season at Tean.
HAVE A
CELESTIAL IFTAR
The setup spills from a quiet, elegant indoor
space out onto the terrace, allowing guests to break their fast under the
stars.
Expect traditional dishes, complemented by Ramadan
juices, tea and coffee, with select live stations, at this buffet-style dinner.
On special evenings, the low hum of oud
provides the soundtrack, which makes the setting absolutely romantic.
SETTLE
IN FOR A DREAMY SUHOOR
Suhoor is set inside a stunning majlis and is
available from 9pm. This is the time for unhurried conversations and shared
plates. Instead of a formal sit-down affair, the menu is served family-style,
encouraging everyone to dig in while lingering over a steaming sulaimani.
This calm experience is focused entirely on
the ritual of reconnecting without the distractions of a crowded dining room.
The sea breeze and the open-air layout do the heavy lifting, making it easy to
stay until the early hours.
A30
X16 X16
FROM GULF NEWS
Masters Games 2026 kicks off in Abu Dhabi with grand
opening ceremony
Historic
first edition in the Middle East unites athletes across generations
Last updated: February 07, 2026 | 19:46
Abdulla Rasheed, Editor – Abu Dhabi
Abu Dhabi: Under the patronage of Sheikh
Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential
Court for Development and Fallen Heroes’ Affairs, Sheikh Zayed bin Mohamed bin
Zayed Al Nahyan attended the opening ceremony of the Abu Dhabi Masters Games
2026 — the first event of its kind in the Middle East.
The Games bring together more than 25,000 male
and female athletes from 90 countries, competing over ten days across more than
35 sports.
The championship reflects Abu Dhabi’s central
role as a global hub for hosting major sporting events and underscores the
UAE’s commitment to positioning sport as a strategic pillar of sustainable
human development, a key driver of family cohesion, and an enabler of quality
of life, in line with the objectives of the UAE’s Year of the Family.
The opening ceremony took place at Zayed
Sports City in the presence of several highnesses, excellencies and senior
officials, as well as presidents and representatives of international sports
federations, alongside official delegations and athletes from around the world.
The ceremony embodied Abu Dhabi’s
comprehensive vision for staging global events, combining the highest standards
of professionalism and organization with innovation in delivering the sporting
experience and reinforcing national cultural identity — ensuring a sustainable
community impact that extends beyond the sporting event itself.
Sheikh Zayed bin Mohamed affirmed that hosting
the Abu Dhabi Masters Games 2026 represents a practical translation of the
UAE’s strategic vision to harness sport as a comprehensive development tool,
contributing to preventive health and the promotion of active lifestyles. His
Highness noted that organizing this global event further consolidates Abu
Dhabi’s advanced position on the international sporting events map as a global
platform that brings together world-class infrastructure and sophisticated
organizational expertise.
For his part, Sergey Bubka, President of the
International Masters Games Association, described the Abu Dhabi Masters Games
2026 as a historic milestone, being the first edition of the Masters Games to
be held in the Middle East, uniting athletes from around the world in a shared
celebration of sport and active living.
He added that the Games reflect a firm belief
that sport enriches our lives, bringing happiness, health and purpose at all
stages of life. The diversity of participants, including athletes competing
across different age groups, sends a clear global message that passion for
sport knows no limits. He noted that Abu Dhabi has provided an inspiring
environment that welcomes the world, supports athletes, and embodies the true
spirit of the Masters movement founded on friendship, respect, and the concept
of lifelong sport.
Also
Read:Rita Ora and Leona Lewis headline Open Masters Games Abu
Dhabi
Artistic
performance
The opening ceremony featured an integrated
artistic performance presenting symbolic storytelling inspired by Emirati
heritage and the deep human connection to movement, discipline and challenge.
It portrayed the athlete’s journey as a continuous life path across different
stages of age, built on commitment, belonging and purpose, reinforcing the
official slogan of the Abu Dhabi Masters Games, “United by Sport, Living an
Active Life,” in line with the event’s message of promoting sport as a way of
life for individuals and families.
More than 25,000 athletes from over 92
nationalities and countries are participating in the Abu Dhabi Masters
Games 2026, competing over ten days in more than 35 sports, including six
traditional Emirati sports. The event reflects international confidence in Abu
Dhabi’s organizational capabilities and strengthens its position as a global
destination for hosting major multi-sport championships and events.
Competitions will continue until 15 February
2026, with athletes aged 30 and above taking part in a wide range of modern
sports alongside several heritage sports. The main competitions are being held
from 7 to 14 February 2026.
Heritage sports, women’s categories and
community competitions hold a central place in the Masters Games programme,
reaffirming that the event goes beyond competition to serve as a platform
supporting the values of the UAE’s Year of the Family. It promotes sustainable
community participation, encourages families to adopt active and healthy
lifestyles, and positions sport as a unifying space that strengthens
intergenerational connections.
Also
Read:Abu Dhabi to host the first-ever Open Masters Games in
2026
Competitions are being staged at a number of
modern sports venues across Abu Dhabi, Al Ain and Al Dhafra, reflecting the
emirate’s comprehensive readiness and its ability to host and organize global
events according to the highest international standards, while supporting its
strategy to build an integrated and sustainable sports sector.
How
Abu Dhabi became a hub for sports tourism?
The haracteri committee has announced that
tickets for the opening ceremony of the Abu Dhabi 2026 Masters Games have
completely sold out. The Games kick off on Friday in the capital and will run
until 15 February, with the participation of more than 25,000 male and female
athletes representing over 92 nationalities.
These large numbers of competitors will take
part in 38 different sports, including six traditional heritage sports and 13
para-sports — a first for the Middle East. This highlights the scale of the
event and its potential impact on the local sports and tourism sectors.
More
than 500,000 spectators expected
The haracteri committee expects attendance to
exceed 500,000 spectators. Events will be hosted across 18 indoor and 20
world-class outdoor venues distributed throughout Abu Dhabi, Al Ain, and Al
Dhafra.
Around 7,200 male and female volunteers are
contributing to the haracterize of the Games, reflecting the high level of
professionalism in event management. The tournament also creates significant
economic opportunities for local facilities, hotels, and restaurants throughout
the duration of the Games.
Abu Dhabi’s GDP expands 7.7%, non-oil economy grows
7.6% in Q3 2025
X17 more on
A31X20 X19 FROM TIME OUT ABU DHABI
Abu Dhabi schools have now banned falafel – here’s why
Rules that parents need to know
by Findlay Mair February 9, 2026
The Department of Education and Knowledge in
Abu Dhabi has rolled out wide-ranging restrictions on food and drinks allowed
on school grounds.
A red list of banned items has been drawn up
by the education authority in the capital, outlining a range of products which
can no longer be consumed on school grounds – whether provided by the school or
not.
Among the banned items are
deep-fried foods, unhealthy drinks, high-calorie sauces and processed meats.
Banned foods listed by name in the ADEK policy
include falafel, samosas, pickled vegetables, peanuts, ketchup and even
zero-calorie artificially-sweetened sodas.
While deep-fried foods such as falafel have
been banned, it should be noted that an oven-baked version of the popular snack
would still be acceptable.
In addition to the obvious health reasons for
banning high-fat foods, schools and parents were warned that certain foods
could lead to hyperactivity, concentration issues and impact on sleep.
Schools have been asked to comply with the
policy since the Autumn of the 2025/26 academic year, with the education
authority highlighting the role schools play in promoting and encouraging
healthy food choices.
WHY ABU
DHABI SCHOOLS BANNED FOODS
The so-called “red list” of banned food and
drinks refers not only to items served in school canteens but also to food
brought in from home.
Deep-fried foods, including fried chicken,
falafel, samosas and fries, have been banned due to high oil absorption leading
to more saturated fats and extra calories.
ADEK has outlined that oven-baked, air-fried
or roasted versions of these typically deep-fried dishes are acceptable.
Sweets and desserts with excess sugar have
been banned due to the empty calories and saturated fats that can lead to poor
dental health and struggles with weight management.
Examples
of banned sweets include cakes, doughnuts, candy, chocolate with less that 50
percent cocoa and ice cream. ADEK has suggested portion-controlled whole-grain
muffins
with minimal sugar, fruit-based desserts and dark chocolate as alternatives.
Soft drinks, including diet and zero-calorie
artificially sweetened sodas, are not allowed on campuses due to their lack of
nutritional value and high volume of sweeteners. Bans are also in place for energy and sport drinks, hot
and iced coffee and teas plus fruit syrup juices.
Instead,
water, carbonated water, unsweetened fruit-infused water and low-sugar fruit
juices are alternatives.
Processed and high-fat meats such as hot dogs, mortadella, pepperoni,
salami, smoked turkey, smoked salmon and all non-halal meat options have also
been banned. These meats have higher levels of sodium, more
preservatives and saturated fats which have all been linked to long-term health
risks. Lean poultry, fish or unprocessed baked/grilled meats should be used
instead.
Foods containing chemical dyes, MSG, high
fructose corn syrup or artificial sweeteners have also been banned for a
variety of reasons, including chances of hyperactivity, headaches and metabolic
issues.
Restrictions are also in place with dairy
drinks, soy products and cheese imitations. Any flavoured or sweetened dairy
products that exceed set sugar/fat thresholds are not allowed due to excess fat
and sugars overshadowing the benefits of milk. Instead, unflavoured full or
low-fat milk, unsweetened yoghurt and natural cheese will be allowed.
Soy milk is not allowed due to the possibility
of flavour enhancers, sweeteners or other chemicals. However, other plant-based
milks such as unsweetened coconut milk or oat milk will be allowed.
Pickled vegetables have also made the red list
of banned foods due to the likelihood of excess salt and preservatives. Fresh
or lightly marinated vegetables are suggested as alternatives.
A wide variety of high-calorie spreads,
dressings and sauces are all no longer allowed. These include mayonnaise, ketchup and ranch
among others. These sauces are found to have high levels of sugar, salt or fat.
Instead, low-fat, low-sugar and low-sodium alternatives should be used.
Common allergies have also been addressed with
the banning of all nuts,
soybeans, sesame seeds and all products associated with these
ingredients. Instead, use chia seeds, flax seeds, pumpkin seeds or sunflower
seeds.
Ramadan, Chinese new year
@DUPE
OF A2, USE EXCERPTS X65 X65
from ny post
Abu Dhabi royal known as ‘spy sheikh’ secretly bought massive stake in
Trump family’s crypto firm: report
By Taylor
Herzlich Published Feb.
2, 2026, 12:43 p.m. ET
An Abu Dhabi royal known as the “spy
sheikh” reportedly bought a massive stake in the Trump family’s crypto firm for
half a billion dollars in secret just four days before President Trump took
office.
Two months later, the Trump administration
allowed the United Arab Emirates access to 500,000 of the most advanced AI
chips each year – a sharp reversal from Biden-era export curbs, according to The Wall Street
Journal.
Sheikh Tahnoon bin Zayed Al Nahyan – a
bearded, wiry man almost never seen without his signature dark sunglasses –
entered into a deal with the Trump family to purchase a 49% stake in World
Liberty Financial, The Journal reported, citing company documents and sources.
See a picture of Tahnoon here. (Would you trust this guy with your
money? Eric did)
The deal – which was signed by Eric Trump,
the president’s son – would pay $187 million to the Trump family upfront,
according to the Journal.
It would also set aside $31 million for
entities affiliated with the family of Steve Witkoff, a World Liberty
co-founder and Trump’s longtime golfing buddy who was named US envoy to the
Middle East just a few weeks prior, according to the report.
Tahnoon – the United Arab Emirates’
national security adviser and brother to the Gulf monarchy’s president – had
been pushing the US for access to AI chips after the Biden administration
sought to restrict exports over concerns they could be diverted to China.
It raised questions around whether the deal
violates the emoluments clause of the Constitution, which blocks the president
from receiving profits from foreign governments through his businesses, The
Journal noted.
Tahnoon’s AI firm G42 had earlier raised
concerns among American lawmakers for its close ties to sanctioned Chinese
firms like Huawei, according to the report.
Eric Trump, the president’s son, signed the deal, according to
the Wall Street Journal.
After Trump’s re-election, though, Tahnoon
met with Trump, Witkoff and other US officials several times, including a visit
to the White House in March, sources told the newspaper.
Just a few months later, the Trump
administration granted the UAE access to 500,000 advanced chips yearly
– demanding the equivalent of more than two Hoover Dams worth of power, and
enough to build one of the largest-ever data center sites, according to The
Journal.
Roughly one-fifth of those chips were
slated to go to G42, the report said.
White House spokeswoman Anna Kelly told The
Post that Trump’s assets are in a trust managed by his children and there are
“no conflicts of interest,” and that Witkoff has “spent considerable time away
from his family” on his own dime to advance “goals of peace around the world.”
She accused legacy media outlets of
spreading lies and “lodging smears” against Trump officials.
Tahnoon met with Trump, Witkoff and other US officials several
times, including a visit to the White House in March, sources told The Journal.
“President Trump performs his
constitutional duties in an ethically sound manner and to suggest so otherwise
is either ill-informed or malicious,” White House counsel David Warrington told
The Post.
Warrington said Witkoff has divested from
World Liberty Financial and does not “participate in any official matters that
could impact his financial interests.”
The 49% stake sale would make Tahnoon’s
firm Aryam Investment 1 the largest shareholder in World Liberty Financial, and
add two Aryam execs – who also held top roles at G42 – to World Liberty’s
five-person board, The Journal reported, citing documents.
Tahnoon’s MGX is also involved in the new
TikTok US joint venture and Stargate, a $500 billion data center project.via REUTERS
A few weeks before the
UAE chips deal was announced in May, World Liberty CEO Zach Witkoff – Steve
Witkoff’s son – announced that MGX, another Tahnoon-backed company, would use
World Liberty’s stablecoin to complete a $2 billion investment in Binance.
That helped skyrocket
World Liberty’s stablecoin – USD1, which is pegged to the US dollar – up the
rankings of the largest stablecoins, according to The Journal.
In October 2025, Trump pardoned Binance founder Changpeng Zhao, who had
pleaded guilty to violating anti-money laundering rules. People close to UAE
royals had been pressuring the Trump administration to pardon Zhao, The Journal
reported.
55
Tahnoon’s MGX is also one of the investors
behind the new joint venture operating TikTok in the US, under a deal
negotiated by the Trump administration.
MGX is also one of the investors backing
Stargate, a $500 billion data center project involving OpenAI and SoftBank that
Trump unveiled on his first full day in office, but has yet to announce much
progress.
Trump’s son-in-law Jared Kushner also
raised $1.5 billion for his investment firm in 2024 from a Tahnoon-backed
company, according to The Journal.
A32 X66 from democracy now
X66 from democracy now
WSJ: Abu Dhabi Royal Purchased 49% Stake in Trump
Family’s Cryptocurrency Firm
Headline
Feb 05, 2026
There are new revelations about
an Abu Dhabi royal purchasing a stake in the Trump family’s cryptocurrency
company World Liberty Financial just days before President Trump’s second
inauguration.
The Wall Street Journal reports
Sheikh Tahnoon bin Zayed Al Nahyan, known as the “Spy Sheikh,” purchased a 49%
stake in World Liberty Financial for a half-billion dollars. Months later, the
Trump administration gave the United Arab Emirates access to tightly guarded
artificial intelligence chips.
As part of the deal, $31 million
was funneled into entities affiliated with the family of Steve Witkoff, the
U.S. envoy to the Middle East, who is also a co-founder of World Liberty
Financial. His son Zach Witkoff is currently the CEO of World Liberty
Financial.
In response, Congressmember Ro
Khanna announced that he was investigating the deal between World Liberty
Financial and the Abu Dhabi royal.
In a letter to Zach Witkoff,
Khanna wrote, “These arrangements are not just a scandal, but may even
represent a violation of multiple laws and the United States Constitution.”
A33 @ X71 X71 FROM BINANCE
UAE Enters The Phase of Blockchain, The Blockchain
Center Abu Dhabi and Binance Research Finds
2026-02-09
Main
Takeaways
·
New
research released by The Blockchain Center Abu Dhabi finds that the UAE is moving
from blockchain experimentation to regulated, large-scale deployment across finance, governance, and public-sector
efficiency.
·
The report highlights how the UAE’s layered regulatory framework
is enabling institutional adoption across payments, tokenization, custody, and
market infrastructure, positioning blockchain as part of the country’s economic
operating layer.
·
The Blockchain Center Abu Dhabi has collaborated with Binance as
a co-author, recognizing Binance’s role in building institutional-grade digital
asset infrastructure within the UAE’s regulated environment.
The
UAE’s blockchain story is increasingly defined by execution rather than
experimentation.
A new flagship research report released by The Blockchain Center Abu Dhabi
highlights the country’s transition toward regulated, large-scale blockchain
deployment across finance, governance, and public-sector efficiency. At the center of that shift is
layered regulatory design which has created the conditions for
institutions to move beyond pilots and begin integrating blockchain into
payments, tokenization, custody, and market infrastructure.
As part of this initiative, The Blockchain
Center Abu Dhabi has collaborated with Binance as a co-author, recognizing
Binance’s evolution from a global crypto exchange to a core provider of
institutional-grade digital asset infrastructure globally and within the UAE’s
regulatory environment.
FROM
EXPERIMENTATION TO EXECUTION AT NATIONAL SCALE
The report highlights that the UAE has moved
into an execution phase defined by scale, regulatory clarity, and institutional
adoption. Domestic payment
systems processed over AED 20 trillion in transfers in the first ten months of
2025, while the UAE continues to rank among the world’s largest
remittance-origin countries.
The report also cites a set of behavioral and
market indicators that shape demand for modern settlement rails, including that
95% of UAE residents send
international remittances at least once per year, more than 71% of UAE
e-commerce payments are completed using cards or mobile wallets, and
cross-border flows supported by the UAE economy exceed $40 billion annually.
Against this backdrop, blockchain use cases are increasingly acknowledged as
tools that can improve settlement speed, transparency, and operational
efficiency when deployed responsibly.
A SHIFT
TOWARD INSTITUTIONAL MARKET STRUCTURE
The core theme revolves around structural shift in the UAE’s
blockchain ecosystem. It has evolved from early-stage startups to a dense,
institutional landscape spanning regulated exchanges and custodians,
payment providers, tokenization platforms, infrastructure vendors, enterprise
solution providers, banks, and multinational technology firms.
Commenting on the findings, Abdulla Al
Dhaheri, CEO of The Blockchain Center Abu Dhabi, said: “The UAE has created an
environment where regulators, financial institutions, and technology providers
can work together to deploy blockchain in a controlled and meaningful way. The
result is an ecosystem focused on real use cases, regulatory clarity, and
long-term financial infrastructure.”
He added that the report captures the
transition from experimentation to supervised deployment, showing how global
platforms such as Binance are increasingly participating within locally
regulated market structures rather than operating on the periphery.
BLOCKCHAIN
AS ECONOMIC INFRASTRUCTURE
The
report positions blockchain as national economic infrastructure, comparing its
trajectory to other foundational technologies that reshaped economies. It
highlights regulated deployments across real-world asset tokenization,
stablecoins and AED-backed tokenized deposits, payments and wholesale
settlement platforms, and blockchain-powered trade, logistics, and government
services.
Digital public infrastructure is also scaling
in parallel. The UAE Pass serves 11 million users and has processed over 2.5
billion authentications, reflecting the scale of digital identity usage across
the country. This further points to the role of sovereign and quasi-sovereign
capital – with more than $2.5 trillion in assets under management – in
supporting and scaling compliant blockchain initiatives.
Binance
Within the UAE’s Institutional Blockchain Framework
The UAE’s emphasis on regulated, large-scale
digital asset infrastructure is reflected by choosing Binance to operate
locally as an ADGM FSRA-regulated entity. MGX’s $2 billion investment into
Binance in 2025, executed using regulated stablecoin infrastructure, is another
signal of the UAE’s commitment to production-grade digital finance and its
growing credibility as a hub for globally scaled platforms.
Tarik Erk, Regional Head for MENAT and Senior
Executive Officer, Abu Dhabi at Binance, said: “What distinguishes the UAE is
not just innovation, but execution within a regulated, institutional-grade
framework. This research reflects how blockchain is now being deployed across
payments, tokenization, custody, and market infrastructure as part of the
country’s core economic systems. Binance’s participation in this initiative
reflects our long-term commitment to operating within these structures and
supporting the UAE’s vision for secure, scalable, and compliant blockchain
infrastructure that serves real economic use cases.”
FINAL
THOUGHTS
This report presents the UAE as a global
benchmark for moving blockchain from promise to production, showing what
becomes possible when regulation, capital, and ecosystem coordination reinforce
each other. The shift to real deployments becomes practical when there’s a
market structure that has clear rules, credible supervision, and institutional
participation that make blockchain systems dependable enough to support real
economic activity at national scale, and relevant enough to compete globally.
At Binance, our focus is to support this next
phase in practice through regulated operations, institutional-grade
infrastructure, and ecosystem partnerships that help blockchain move from
pilots to services people and institutions can rely on.
@trump corruption?? ↓
A23 to?
@ Endings: uke/rus in AD,
Mideast in Oman, crypto bill & reaction, end with china & blockchain
& military
ATTACHMENT
“A” - FROM WIKI/INTERNATIONAL MONETARY FUND
GLOBAL LIST OF COUNTRIES BY GDP (NOMINAL) PER
CAPITA
Nominal gross domestic product (GDP) per
capita is the total value of a country’s finished goods and services (gross
domestic product) divided by its total population (per capita).
Gross domestic product per capita is often
used as a proxy indicator an indicator of a country’s standard of living;
however, this is inaccurate because GDP per capita is not a measure of personal
income and does not take into account social and environmental costs and
benefits.[1][2] Measures of personal income include average wage, real income,
median income, disposable income and gross national income (GNI) per capita.
Comparisons of GDP per capita are also
frequently made on the basis of purchasing power parity (PPP), to adjust for
differences in the cost of living in different countries. PPP largely removes
the exchange rate problem but not others; it does not reflect the value of
economic output in international trade, and it also requires more estimation
than GDP per capita [relevant to this section? – discuss] On the whole, PPP per
capita figures are more narrowly spread than nominal GDP per capita figures.
GDP per capita does not consider differences
in the cost of living in different countries, and the results may vary greatly
from one year to another based on fluctuations in the exchange rates of the
country’s currency. Such fluctuations may change a country’s ranking from one
year to the next, while the standard of living of its population might not
change by as much.
Several leading GDP-per-capita (nominal)
jurisdictions may be considered tax havens, and their GDP data subject to
material distortion by tax-planning activities. Examples include Bermuda, the
Cayman Islands, Ireland and Luxembourg.[3]
Non-sovereign entities (the world, continents,
and some dependent territories) and states with limited international
recognition are included in the list in cases in which they appear in the
sources. These economies are not ranked in the charts (except Kosovo and
Taiwan), but are listed in sequence by GDP for comparison. Four UN members
(Cuba, Monaco and North Korea) do not belong to the International Monetary Fund
(IMF), hence their economies are not ranked. Kosovo, is not a member of the
United Nations and is a member of the IMF. Taiwan is not an IMF member, but it
is listed in the official IMF indices.
DISTORTED GDP-PER-CAPITA FOR TAX HAVENS
MAIN ARTICLES: CORPORATE HAVEN §
GDP-PER-CAPITA TAX HAVEN PROXY, AND CORPORATE HAVEN § DISTORTED GDP/GNP
Many of the leading GDP-per-capita (nominal)
jurisdictions are tax havens whose economic data is artificially inflated by
tax-driven corporate accounting entries. For instance, the Irish GDP data above
is subject to material distortion by the tax planning activities of foreign
multinationals in Ireland. To address this, in 2017 the Central Bank of Ireland
created “modified GNI” (or GNI*) as a more appropriate statistic, and the OECD
and IMF have adopted it for Ireland. 2015 Irish GDP is 143% of 2015 Irish GNI*.
A stunning $12 trillion—almost 40 percent of
all foreign direct investment positions globally—is completely artificial: it
consists of financial investment passing through empty corporate shells with no
real activity. These investments in empty corporate shells almost always pass
through well-known tax havens. The eight major pass-through economies—the
Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda,
the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the
world’s investment in special purpose entities, which are often set up for tax
reasons.
Notes:
Data unavailable for the Falkland Islands,
Gibraltar, Guernsey, the Holy See (Vatican City), Jersey, Niue, the Pitcairn
Islands, Saint Helena, Ascension and Tristan da Cunha, Tokelau, and Western
Sahara.
GDP per Capita (2025) - IMF
Source: IMF, World Economic Outlook (October 2025).
Data Type: Projections for
2025 in Nominal terms.
GDP per Capita represents the total monetary
value of all goods and services produced and sold within a country over one
year, divided by its population.
Nominal (or "Current") GDP
reflects current prices and exchange rates, without adjustments for inflation
or cost-of-living differences.
IMF World Bank
2025 (Projections)Nominal GDP (US $)Worldwide
|
# |
Country |
GDP per Capita Click for Details |
|
1 |
Monaco |
|
|
2 |
Liechtenstein |
|
|
3 |
Luxembourg |
|
|
4 |
Bermuda |
|
|
5 |
Ireland |
|
|
6 |
Switzerland |
|
|
7 |
Iceland |
|
|
8 |
Cayman
Islands |
|
|
9 |
Singapore |
|
|
10 |
Norway |
|
|
11 |
United States |
|
|
12 |
Isle
of Man |
|
|
13 |
Denmark |
|
|
14 |
Macao |
|
|
15 |
Netherlands |
|
|
16 |
Faeroe
Islands |
|
|
17 |
Qatar |
|
|
18 |
Australia |
|
|
19 |
San
Marino |
|
|
20 |
Sweden |
|
|
21 |
Austria |
|
|
22 |
Belgium |
|
|
23 |
Israel |
|
|
24 |
Germany |
|
|
25 |
Greenland |
|
|
26 |
Hong
Kong |
|
|
27 |
United
Kingdom |
|
|
28 |
Finland |
|
|
29 |
Canada |
|
|
30 |
United Arab Emirates |
|
|
31 |
Andorra |
|
|
32 |
New
Zealand |
|
|
33 |
Malta |
|
|
34 |
France |
|
|
35 |
U.S.
Virgin Islands |
|
|
36 |
Italy |
|
|
37 |
Cyprus |
|
|
38 |
Guam |
|
|
39 |
Sint
Maarten |
|
|
40 |
Puerto
Rico |
|
|
41 |
Bahamas |
|
|
42 |
Aruba |
|
|
43 |
British
Virgin Islands |
|
|
44 |
Spain |
|
|
45 |
Taiwan |
|
|
46 |
Turks
and Caicos |
|
|
47 |
Slovenia |
|
|
48 |
South
Korea |
|
|
49 |
Saudi Arabia |
|
|
50 |
Czech
Republic (Czechia) |
|
|
51 |
New
Caledonia |
|
|
52 |
Japan |
|
|
53 |
Estonia |
|
|
54 |
Brunei |
|
|
55 |
Lithuania |
|
|
56 |
Portugal |
|
|
57 |
Guyana |
|
|
58 |
Kuwait |
|
|
59 |
Bahrain |
|
|
60 |
Anguilla |
|
|
61 |
Slovakia |
|
|
62 |
Poland |
|
|
63 |
Greece |
|
|
64 |
Croatia |
|
|
65 |
Barbados |
|
|
66 |
Hungary |
|
|
67 |
Cook
Islands |
|
|
68 |
Latvia |
|
|
69 |
Uruguay |
|
|
70 |
Northern
Mariana Islands |
|
|
71 |
French
Polynesia |
|
|
72 |
Romania |
|
|
73 |
Antigua
and Barbuda |
|
|
74 |
Saint
Kitts & Nevis |
|
|
75 |
Seychelles |
|
|
76 |
Saint
Martin |
$21,668 (WB,
2021) |
|
77 |
Curaçao |
|
|
78 |
Bulgaria |
|
|
79 |
Panama |
|
|
80 |
Palau |
|
|
81 |
Oman |
|
|
82 |
Costa
Rica |
|
|
83 |
Maldives |
|
|
84 |
Cuba |
|
|
85 |
Turkey |
|
|
86 |
Montserrat |
|
|
87 |
Trinidad
and Tobago |
|
|
88 |
American
Samoa |
|
|
89 |
Russia |
|
|
90 |
Chile |
|
|
91 |
Serbia |
|
|
92 |
Montenegro |
|
|
93 |
Kazakhstan |
|
|
94 |
Saint
Lucia |
|
|
95 |
Argentina |
|
|
96 |
Nauru |
|
|
97 |
Mexico |
|
|
98 |
Malaysia |
|
|
99 |
China |
|
|
100 |
Grenada |
|
|
101 |
Mauritius |
|
|
102 |
Dominican
Republic |
|
|
103 |
St.
Vincent & Grenadines |
|
|
104 |
Albania |
|
|
105 |
Turkmenistan |
|
|
106 |
Brazil |
|
|
107 |
North
Macedonia |
|
|
108 |
Georgia |
|
|
109 |
Dominica |
|
|
110 |
Bosnia
and Herzegovina |
|
|
111 |
Belarus |
|
|
112 |
Gabon |
|
|
113 |
Peru |
|
|
114 |
Armenia |
|
|
115 |
Jamaica |
|
|
116 |
Marshall
Islands |
|
|
117 |
Colombia |
|
|
118 |
Moldova |
|
|
119 |
Equatorial
Guinea |
|
|
120 |
Thailand |
|
|
121 |
Belize |
|
|
122 |
Azerbaijan |
|
|
123 |
Ecuador |
|
|
124 |
Mongolia |
|
|
125 |
Botswana |
|
|
126 |
Libya |
|
|
127 |
Suriname |
|
|
128 |
Fiji |
|
|
129 |
Paraguay |
|
|
130 |
South
Africa |
|
|
131 |
Guatemala |
|
|
132 |
Ukraine |
|
|
133 |
Algeria |
|
|
134 |
Tonga |
|
|
135 |
Samoa |
|
|
136 |
Iraq |
|
|
137 |
Tuvalu |
|
|
138 |
El
Salvador |
|
|
139 |
Cabo
Verde |
|
|
140 |
Lebanon |
|
|
141 |
Micronesia |
|
|
142 |
Indonesia |
|
|
143 |
Jordan |
|
|
144 |
Namibia |
|
|
145 |
Morocco |
|
|
146 |
Tunisia |
|
|
147 |
Vietnam |
|
|
148 |
Bolivia |
|
|
149 |
Eswatini |
|
|
150 |
Djibouti |
|
|
151 |
Sri
Lanka |
|
|
152 |
Philippines |
|
|
153 |
Bhutan |
|
|
154 |
Iran |
|
|
155 |
Sao
Tome & Principe |
|
|
156 |
Uzbekistan |
|
|
157 |
Honduras |
|
|
158 |
Ghana |
|
|
159 |
Egypt |
|
|
160 |
Vanuatu |
|
|
161 |
Venezuela |
|
|
162 |
Zimbabwe |
|
|
163 |
Côte
d'Ivoire |
|
|
164 |
Nicaragua |
|
|
165 |
Angola |
|
|
166 |
India |
|
|
167 |
Cambodia |
|
|
168 |
Kyrgyzstan |
|
|
169 |
Bangladesh |
|
|
170 |
Mauritania |
|
|
171 |
Papua
New Guinea |
|
|
172 |
Kenya |
|
|
173 |
Kiribati |
|
|
174 |
Haiti |
|
|
175 |
State
of Palestine |
|
|
176 |
Congo |
|
|
177 |
Solomon
Islands |
|
|
178 |
Laos |
|
|
179 |
Cameroon |
|
|
180 |
Senegal |
|
|
181 |
Comoros |
|
|
182 |
Guinea |
|
|
183 |
Pakistan |
|
|
184 |
Tajikistan |
|
|
185 |
Benin |
|
|
186 |
Nepal |
|
|
187 |
Timor-Leste |
|
|
188 |
Uganda |
|
|
189 |
Zambia |
|
|
190 |
Tanzania |
|
|
191 |
Guinea-Bissau |
|
|
192 |
Nigeria |
|
|
193 |
Chad |
|
|
194 |
Togo |
|
|
195 |
Burkina
Faso |
|
|
196 |
Myanmar |
|
|
197 |
Rwanda |
|
|
198 |
Mali |
|
|
199 |
Lesotho |
|
|
200 |
Ethiopia |
|
|
201 |
Sierra
Leone |
|
|
202 |
Liberia |
|
|
203 |
Gambia |
|
|
204 |
Syria |
|
|
205 |
Niger |
|
|
206 |
DR
Congo |
|
|
207 |
Somalia |
|
|
208 |
Sudan |
|
|
209 |
Mozambique |
|
|
210 |
Eritrea |
|
|
211 |
North
Korea |
|
|
212 |
Malawi |
|
|
213 |
Madagascar |
|
|
214 |
Central
African Republic |
|
|
215 |
Burundi |
|
|
216 |
Afghanistan |
|
|
217 |
Yemen |
|
|
218 |
South
Sudan |
ATTACHMENT “B” –
FROM WORLD POPULATION REVIEW
FIVE COUNTRIES
WITH THE HIGHEST GINI COEFFICIENT (a/k/a
Highest Inequality)
63.0
59.1
54.9
54.6
53.9
WORLD
GINI COEFFICIENT (Worst to First) YEAR LAST
UPDATED
|
1 |
63.0 |
2014 |
||||
|
2 |
59.1 |
2015 |
||||
|
3 |
54.9 |
2015 |
||||
|
4 |
54.6 |
2016 |
||||
|
5 |
53.9 |
2023 |
||||
|
6 |
51.6 |
2023 |
||||
|
7 |
51.5 |
2022 |
||||
|
8 |
51.3 |
2018 |
||||
|
9 |
51.2 |
2016 |
||||
|
10 |
50.3 |
2019 |
||||
|
11 |
50.3 |
2020 |
||||
|
12 |
48.9 |
2011 |
||||
|
13 |
48.9 |
2023 |
||||
|
14 |
46.8 |
2023 |
||||
|
15 |
46.2 |
2014 |
||||
|
16 |
45.8 |
2016 |
||||
|
17 |
45.8 |
2024 |
||||
|
18 |
45.3 |
2014 |
||||
|
19 |
45.2 |
2023 |
||||
|
20 |
45.1 |
1998 |
||||
|
21 |
44.9 |
2017 |
||||
|
22 |
44.7 |
2020 |
||||
|
23 |
44.7 |
2006 |
||||
|
24 |
44.6 |
2023 |
||||
|
25 |
44.5 |
2022 |
||||
|
26 |
44.4 |
2023 |
||||
|
27 |
44.0 |
2016 |
||||
|
28 |
43.8 |
2018 |
||||
|
29 |
43.7 |
2016 |
||||
|
30 |
43.5 |
2022 |
||||
|
31 |
43.5 |
2016 |
||||
|
32 |
43.0 |
2022 |
||||
|
33 |
43.0 |
2021 |
||||
|
34 |
42.7 |
2019 |
||||
|
35 |
42.5 |
2012 |
||||
|
36 |
42.4 |
2023 |
||||
|
37 |
42.4 |
2015 |
||||
|
38 |
42.2 |
2021 |
||||
|
39 |
42.1 |
2023 |
||||
|
40 |
41.9 |
2009 |
||||
|
41 |
41.8 |
2023 |
||||
|
42 |
41.6 |
2017 |
||||
|
43 |
41.1 |
2012 |
||||
|
44 |
40.9 |
2023 |
||||
|
45 |
40.8 |
1998 |
||||
|
46 |
40.7 |
2021 |
||||
|
47 |
40.7 |
2023 |
||||
|
48 |
40.7 |
2017 |
||||
|
49 |
40.5 |
2018 |
||||
|
50 |
40.2 |
1992 |
||||
|
51 |
40.1 |
2013 |
||||
|
52 |
39.9 |
2021 |
||||
|
53 |
39.9 |
2018 |
||||
|
54 |
39.8 |
2023 |
||||
|
55 |
39.5 |
2013 |
||||
|
56 |
39.3 |
2023 |
||||
|
57 |
39.2 |
2022 |
||||
|
58 |
39.1 |
2010 |
||||
|
59 |
38.8 |
2018 |
||||
|
60 |
38.8 |
2020 |
||||
|
61 |
38.7 |
2021 |
||||
|
62 |
38.7 |
2013 |
||||
|
63 |
38.5 |
2019 |
||||
|
64 |
38.4 |
2023 |
||||
|
65 |
38.4 |
2022 |
||||
|
66 |
38.2 |
2022 |
||||
|
67 |
38.0 |
2017 |
||||
|
68 |
37.9 |
2021 |
||||
|
69 |
37.9 |
2021 |
||||
|
70 |
37.7 |
2019 |
||||
|
71 |
37.5 |
2020 |
||||
|
72 |
37.4 |
2021 |
||||
|
73 |
37.4 |
2022 |
||||
|
74 |
37.1 |
2012 |
||||
|
75 |
36.8 |
2017 |
||||
|
76 |
36.7 |
2014 |
||||
|
77 |
36.6 |
2022 |
||||
|
78 |
36.4 |
2023 |
||||
|
79 |
36.3 |
2022 |
||||
|
80 |
36.2 |
2021 |
||||
|
81 |
36.1 |
2022 |
||||
|
82 |
35.9 |
2023 |
||||
|
83 |
35.7 |
2021 |
||||
|
84 |
35.7 |
2021 |
||||
|
85 |
35.7 |
2018 |
||||
|
86 |
35.5 |
2019 |
||||
|
87 |
35.3 |
2021 |
||||
|
88 |
35.3 |
2016 |
||||
|
89 |
35.1 |
2018 |
||||
|
90 |
35.1 |
2021 |
||||
|
91 |
35.1 |
2017 |
||||
|
92 |
34.9 |
2024 |
||||
|
93 |
34.8 |
2023 |
||||
|
94 |
34.6 |
2022 |
||||
|
95 |
34.5 |
2023 |
||||
|
96 |
34.4 |
2021 |
||||
|
97 |
34.3 |
2018 |
||||
|
98 |
34.3 |
2021 |
||||
|
99 |
34.2 |
2014 |
||||
|
100 |
34.1 |
2022 |
||||
|
101 |
34.1 |
2016 |
||||
|
102 |
34.0 |
2015 |
||||
|
103 |
33.9 |
2023 |
||||
|
104 |
33.8 |
2021 |
||||
|
105 |
33.7 |
2022 |
||||
|
106 |
33.7 |
2021 |
||||
|
107 |
33.7 |
2010 |
||||
|
108 |
33.7 |
2022 |
||||
|
109 |
33.6 |
2022 |
||||
|
110 |
33.5 |
2023 |
||||
|
111 |
33.5 |
2019 |
||||
|
112 |
33.4 |
2022 |
||||
|
113 |
33.4 |
2022 |
||||
|
114 |
33.4 |
2021 |
||||
|
115 |
33.0 |
2011 |
||||
|
116 |
32.9 |
2021 |
||||
|
117 |
32.9 |
2021 |
||||
|
118 |
32.8 |
2022 |
||||
|
119 |
32.4 |
2020 |
||||
|
120 |
32.4 |
2021 |
||||
|
121 |
32.4 |
2012 |
||||
|
122 |
32.3 |
2020 |
||||
|
123 |
32.3 |
2022 |
||||
|
124 |
32.3 |
2022 |
||||
|
125 |
32.3 |
2019 |
||||
|
126 |
32.1 |
2018 |
||||
|
127 |
32.0 |
2019 |
||||
|
128 |
31.8 |
2011 |
||||
|
129 |
31.6 |
2022 |
||||
|
130 |
31.5 |
2022 |
||||
|
131 |
31.4 |
2022 |
||||
|
132 |
31.2 |
2022 |
||||
|
133 |
31.1 |
2021 |
||||
|
134 |
30.9 |
2022 |
||||
|
135 |
30.7 |
2017 |
||||
|
136 |
30.7 |
2019 |
||||
|
137 |
30.2 |
2022 |
||||
|
138 |
30.0 |
2022 |
||||
|
139 |
30.0 |
2022 |
||||
|
140 |
29.9 |
2020 |
||||
|
141 |
29.9 |
2022 |
||||
|
142 |
29.8 |
2023 |
||||
|
143 |
29.6 |
2018 |
||||
|
144 |
29.6 |
2018 |
||||
|
145 |
29.4 |
2020 |
||||
|
146 |
29.3 |
2022 |
||||
|
147 |
29.3 |
2019 |
||||
|
148 |
29.2 |
2021 |
||||
|
149 |
28.9 |
2022 |
||||
|
150 |
28.7 |
2014 |
||||
|
151 |
28.5 |
2021 |
||||
|
152 |
28.5 |
2022 |
||||
|
153 |
27.9 |
2022 |
||||
|
154 |
27.8 |
2019 |
||||
|
155 |
27.6 |
2011 |
||||
|
156 |
27.2 |
2023 |
||||
|
157 |
27.1 |
2021 |
||||
|
158 |
26.9 |
2022 |
||||
|
159 |
26.6 |
2022 |
||||
|
160 |
26.6 |
2005 |
||||
|
161 |
26.6 |
2018 |
||||
|
162 |
26.4 |
2022 |
||||
|
163 |
26.4 |
2018 |
||||
|
164 |
26.4 |
2022 |
||||
|
165 |
25.9 |
2022 |
||||
|
166 |
25.9 |
2022 |
||||
|
167 |
25.7 |
2021 |
||||
|
168 |
25.6 |
2020 |
||||
|
169 |
25.5 |
2022 |
||||
|
170 |
24.4 |
2020 |
||||
|
171 |
24.3 |
2022 |
||||
|
172 |
24.1 |
2022 |
||||
|
|
|
|
|
|||
ATTACHMENT
“C” – FROM WORLD POP. REVIEW
POPULATION
– U.A.E.
United Arab Emirates is a country
in Asia, known for modern architecture and desert landscapes. It has a population
of 11.6 million, making it the 86th largest country in the world. Its capital
is Abu Dhabi. United Arab Emirates has a diverse economy with strong tourism
and financial sectors.
11.6M
Total Population
86
Population Rank
138
Density (km²)
228.7K
3.41% Annual Population Growth
Contents
·
Population
of United Arab Emirates
·
United
Arab Emirates Population Clock
·
United
Arab Emirates Overview
oUnited Arab Emirates Demographics
oUnited Arab Emirates Religion, Economy and Politics
oUnited Arab Emirates Population History
·
Sources
Population
of United Arab Emirates
United Arab Emirates's population structure
shows a notably higher
male to female ratio of 1.75 to 1, with a median male age of 33.56 years
old and a median female age of 30.33 years old. The highest concentration of
adults under 75 years old is in the 32 and 33 year-old age groups, while the
lowest concentration is in the 74 and 73 year-old age groups.
UNITED
ARAB EMIRATES POPULATION
|
Numbers |
Rank |
||||
|
Population |
Change |
By Pop.
|
By Age
|
By Growth Rate |
|
|
2026 |
11,574,700 |
3.41% |
138 |
86 |
91 |
|
2025 |
11,346,000 |
3.73% |
136 |
86 |
91 |
|
2020 |
9,448,520 |
0.75% |
113 |
96 |
100 |
|
2019 |
9,377,850 |
0.33% |
112 |
97 |
99 |
|
2018 |
9,346,870 |
1.22% |
112 |
96 |
98 |
|
2017 |
9,234,330 |
2.25% |
110 |
95 |
97 |
|
2015 |
8,674,630 |
4.57% |
104 |
96 |
105 |
|
2010 |
6,938,360 |
8.26% |
83 |
103 |
118 |
|
2005 |
4,664,790 |
5.95% |
56 |
116 |
143 |
|
2000 |
3,493,580 |
7.49% |
42 |
128 |
153 |
|
1995 |
2,434,660 |
5.1% |
29 |
136 |
167 |
|
1990 |
1,898,220 |
6.62% |
23 |
143 |
173 |
|
1985 |
1,377,910 |
6.29% |
16 |
146 |
181 |
|
1980 |
1,015,700 |
13.35% |
12 |
147 |
187 |
|
1975 |
542,856 |
13.63% |
6.5 |
159 |
202 |
|
1970 |
286,536 |
11.39% |
3.4 |
169 |
213 |
|
1965 |
167,103 |
4.93% |
2.0 |
174 |
218 |
|
1960 |
131,334 |
5.34% |
1.6 |
176 |
220 |
|
1955 |
101,258 |
6.33% |
1.2 |
176 |
220 |
Median
Age
Overall: 32.62
Male: 33.56
Female: 30.33
United
Arab Emirates Adults
There are 9,447,481 adults, (211,808 of whom
are seniors) in United Arab Emirates.
Sex
Ratio
Female: 4,208,487 (36.4%)
Male: 7,366,199 (63.6%)
United
Arab Emirates Population Clock
United Arab Emirates Population*
11,496,980
Births per Day
327
Deaths per Day
30
Immigrations per Day
239
Net Change per Day
536
2026 Population Change*
21,440
* As of 2/9/2026
1 birth
Every 4.4 minutes
1 death
Every 48.0 minutes
1 immigrant
Every 6.0 minutes
1 person
Every 2.7 minutes
POPULATION
BY CITY
|
3,138,550 |
|
|
1,944,620 |
|
|
1,643,560 |
|
|
430,124 |
|
|
Al Ain |
408,733 |
|
Ras al-Khaimah |
115,949 |
|
Al Fujayrah |
62,415 |
|
Umm al Qaywayn |
44,411 |
|
Khawr Fakkan |
33,575 |
|
Dibba Al-Fujairah |
30,000 |
UNITED
ARAB EMIRATES OVERVIEW
The United Arab Emirates (also called Emirates
or just UAE) is an Arab country in the southeast region of the Arabian
Peninsula. The UAE is a federation of 7 emirates, each governed by a hereditary
emir who together form the Federal Supreme Council.
The population of the UAE noted for 2016 is 9,157,000
according to UN estimates. Other estimates are as low as 5.7 million but
do not take into consideration the high population of immigrants, which are
estimated to make up 90% of the population. The estimate is now up to 9,400,145
as of mid-year 2017 from the UN, and the World Factbook still gives a lower
estimate of just over 6 million - also from 2017.
UNITED
ARAB EMIRATES DEMOGRAPHICS
The United Arab Emirates has a very diverse
population, of which only 10% are UAE nationals and the remainder is made up of
expatriates. The UAE has the 7th highest net migration rate in the world at
12.36, as any expatriate
is allowed under law to apply for UAE citizenship after living in the country
for twenty years, assuming they have not been convicted of a crime and
can speak Arabic. The UAE
also has the highest gender imbalance in the world with
a male/female ratio of 2.2, or 2.75 for the 15-65 age group.
The largest group of non-UAE nationals are South Asian
(58%), followed by other Asians (17%) and Western expatriates
(8.5%). There is an increasing presence of Europeans, particularly in cities
like Dubai. As of 2015, the official estimates stand at Emirati make
up approximately 11.6%, South Asian 59.4% (includes Indian 38.2%, Bangladeshi
9.5%, Pakistani 9.4%, other 2.3%), Egyptian 10.2%, Philippine 6.1%, and other
backgrounds at 12.8%.
The official language of the UAE is Arabic,
and the population also uses Persian, English, Hindi, and Urdu.
Emirati: (11.6%)
South Asian: (59.4%)
Egyptian: (10.2%)
Filipino: (6.1%)
Other: (12.8%)
The median age of the UAE is approximately
30.3 years of age, with a total life expectancy of 77.7 years upon birth. 93.8%
of the population aged over 15 is literate.
UNITED
ARAB EMIRATES RELIGION, ECONOMY AND POLITICS
The official religion among the United Arab
Emirates is Muslim, coming in at 76% of the population, a 9% Christian
following, approximately 10% Hindu or Buddhist faiths, and less than 5% other
religions.
The United Arab Emirates has the
second-largest economy in the middle east after Saudi Arabia and has a GDP
exceeding $377 billion. Except for Dubai, the United Arab Emirates are
extremely reliant upon oil, which makes up roughly 85% of the country’s
exports. Tourism is also a major industry, and the UAE is home to some of the
world’s most luxurious accommodations. Other major industries include banking,
commerce, and real estate and UAE is known for upholding great business
policies and is considered one of the least corrupt countries in the world.
As a federation of seven constitutional
monarchies, political policies aren’t overarching for the United Arab Emirates,
each of which has its ruler. Each ruler sets its own rules and has control over
the area’s natural resources. The constitution separates powers between
executive, legislative and judicial branches- and both the legislative and
executive branches are further split into federal and emirate jurisdictions.
United
Arab Emirates Population History
Because the United Arab Emirates is made up of
seven self-run states, it is hard to determine the actual origin of the
country, but it was given its current status in 1892 when Britain made a deal
with the Trucial States that would give Britain power over the area’s foreign
affairs, but each emirate could control their internal political issues. Any
further speculation about the cause of population gains or losses is difficult
because of the split nature of the country.
ATTACHMENT
“D” – FROM FROM
WIKI
Economy of the United Arab Emirates
Dubai, the economic center of the UAE
Currency Emirati
dirham (AED, د.إ, UAE Dirham Symbol)
Fixed exchange rates US$1 = 3.6725 AED
Fiscal year Calendar
year
Trade haracterized UNCTAD, OPEC, WTO, GCC, BRICS
Country group
Developing/Emerging
High-income economy[1]
Commodity-reliant economy, diversifying
economy
Statistics
Population Neutral
increase 9,441,129 (2022)[2]
GDP
Increase $569.1 billion (nominal; 2025
est.)[3]
Increase $908.9 billion (PPP; 2025 est.)[3]
GDP rank
29th (nominal; 2024)
34th (PPP; 2024)
GDP growth
Increase 7.51% (2022)[3]
Decrease 3.62% (2023e)[3]
Increase 4.01% (2024f)[3]
GDP per capita
Increase $51,290 (nominal; 2025 est.)[3]
Increase $82,000 (PPP; 2025 est.)[3]
GDP per capita rank
19th (nominal; 2024)
5th (PPP; 2024)
GDP by sector
Agriculture: 0.9%
Industry: 49.8%
Services: 49.2%
(2017 est.)[4]
Inflation (CPI) Positive decrease 1.62% (2023 est.)[3]
Population below poverty line N/A
Gini coefficient 26.0 low (2018)[5]
Human Development Index
Increase 0.940 very high (2023)[6] (27th)
Increase 0.866 very high IHDI (16th)
(2023)[6]
Labour force
Increase 6,668,172 (2023)[7]
78.3% employment rate (2019)[8]
expatriates account for about 85% of the
workforce[4]
Labour force by occupation
Agriculture: 7%
Industry: 15%
Services: 78%
(2000 est.)[4]
Unemployment Negative
increase 3.36% (2021)[9]
Main industries
Petroleum petrochemicals fishing aluminum
cement fertilizer ship repair construction materials handicrafts textiles
External Exports Increase $306.41 billion (2020 est.)[4]
Export goods Crude
oil, refined petroleum, gold, reexports, telecommunications equipment,
diamonds, petroleum gas, jewellery, aluminium (2021)[10]
Main export partners
GCC
15.0%
India
14.2%
Japan 8.3%
China
7.7%
Iraq
4.8% (2021)[10]
Imports Increase
$229.2 billion (2017 est.)[4]
Import goods Gold,
food, machinery, transport vehicles and parts, refined petroleum, natural gas,
diamonds, jewellery, refined copper (2021)[10]
Main import partners
China
17.3%
European Union 13.0%
GCC
9.5%
India
9.4%
United
States 5.5% (2021)[11]
FDI stock
Decrease $129.9 billion (2017 est.)[4]
Increase Abroad: $124.4 billion (2017 est.)[4]
Current account Increase $26.47 billion (2017 est.)[4]
Gross external debt Negative increase $237.6 billion (2017 est.)[4]
Public finances
Government debt Positive decrease 38.33% of GDP (2020 est.)[4]
Foreign reserves Increase $95.37 billion (2017 est.)[4]
Budget balance −0.2%
(of GDP) (2017 est.)[4]
Revenues 15.79
billion (2021 est.)[4]
Expenses 16.6
billion (2021 est.)[4][note 1]
Credit rating Standard
& Poor’s: AA[12]
Outlook: Stable
Moody’s: Aa2
Outlook: Stable
Fitch: AA
Outlook: Stable
All values, unless otherwise stated, are in US
dollars.
The United Arab Emirates is a high-income
developing market economy (Open market economy),[13][14][15] which also
advocates for Islamic economics.[16] Its economy is the 4th largest
in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross
domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021–2023.[3]
The country’s economy is reliant on revenues
from hydrocarbons, especially in Abu Dhabi. In 2009, more than 85% of the UAE’s
economy was based on the oil exports.[17][18] In 2011, oil exports accounted
for 77% of the UAE’s state budget.[19] In recent years, there has been some
economic diversification,[20] particularly in Dubai.[21] Abu Dhabi and other
UAE emirates have remained relatively conservative in their approach to
diversification. Dubai has far smaller oil reserves than its counterparts.[22]
Hospitality is one of the biggest
non-commodity sources of revenue in the UAE.
In 2007, there was US$350 billion worth of
active construction projects.[23]
The UAE is a member of the UNCTAD, World Trade
Organization and OPEC.
Economic overview
UAE has the second-largest economy and the
best in the Arab world,[24] with a gross domestic product (GDP) of US$414
billion (AED 1.52 trillion) in 2018.[25] A third of the GDP is from oil
revenues.[24] The economy was expected to grow 4–4.5% in 2013, compared to
2.3–3.5% over the previous five years. Since independence in 1971, UAE’s
economy has grown by nearly 231 times to AED1.45 trillion in 2013. The non-oil
trade has grown to AED1.2 trillion, a growth of around 28 times from 1981 to
2012.[24]
The UAE’s economy is one of the most open
worldwide, and its economic history goes back to the times when ships sailed to
India, along the Swahili coast, as far south as Mozambique.[26]
The UAE economy has been ‘inspected’ by
international economic institutions on a regular basis, generally receiving
good reports on economic developments. International Monetary Fund (IMF)
expected UAE’s economic growth to increase to 4.5% in 2015, compared to 4.3% in
2014. The IMF ascribed UAE’s potentially strong economic growth in World
Economic Outlook Report to the increased contribution of non-petroleum sectors,
which registered a growth average of more than 6% in 2014 and 2015. Such
contribution includes banking, tourism, commerce and real estate. Increase of
Emirati purchasing power and governmental expenditures in infrastructure
projects have considerably increased.[27][28]
Internationally, UAE is ranked among the top
20 for global service business, according to AT Kearney, the top 30 on the WEF
“most-networked countries” and in the top quarter as a least corrupt country
per the TI’s corruption index.[29]
The government of the United Arab Emirates
announced a broad restructuring and merger of more than 50% of its federal
agencies, including ministries and departments, in an attempt to deal with and
recover from the economic shocks following months-long coronavirus
lockdown.[30]
Historical background
Before independence from the United Kingdom
and unification in 1971, each emirate was responsible for its own economy. At
the time, pearl diving, seafaring and fishing were together the mainstay of the
economy, until the development of Japanese cultured pearls and the discovery of
commercial quantities of oil.[31] Previous UAE President Zayed Bin Sultan Al
Nahyan is credited with bringing the country forward into the 20th
century and using the revenue from oil exports to fund all the necessary
development. Likewise, former UAE vice-president Rashid bin Saeed Al Maktoum
had a bold vision for the Emirate of Dubai and foresaw the future in not
petroleum alone, but also other industries.[32]
In the 1980s, Dubai’s diversification centred
around trade and the creation of shipping and logistics centres, notably Port
Rashid and the port and Free Zone of Jebel Ali as well as Dubai International
Airport,[33] leading to a number of major global plays in shipping,
transportation and logistics (DP World, Emirates, DNATA).
2008-present
The emergence of Dubai’s lively real estate
market was briefly stopped by the 2008 financial crisis, when Dubai was bailed
out by Abu Dhabi.[34] The recovery from the overheated market led to tighter
regulation and oversight and a more realistic market for real estate throughout
the UAE with many ‘on hold’ projects restarting. Although the market continues
to expand, current market conditions for developers have been haracterized as
‘tough’.[35]
As a result of the COVID-19 pandemic in the
United Arab Emirates, the UAE’s economy shrank by 6.1% in 2020.[36] The country’s
account balance dropped to six per cent of GDP in 2020 from 8.5 per cent in
2019 due to the underperformance of both hydrocarbon and non-hydrocarbon
exports mitigated by lower imports.[37]
In late 2021, the authority announced that
UAE’s banking assets are expected to grow by between 8 per cent and 10 per cent
in 2022 as the second-biggest Arab economy continues to recover from the
COVID-19 pandemic.[38] It was also announced the UAE’s economy might grow at a
faster than projected rate, reaching 4.6% in 2022.[39]
In March 2022, the UAE was put in the “gray
list” by the Financial Action Task Force (FATF) over money laundering and
terror financing concerns.[40] In February 2024, the country was successfully removed
from the watchlist and escaped the FATF’s monitoring process. While the global
watchdog said the Emirates addressed the shortcomings, critics argued that the
move was driven by political considerations.[41][42] In December 2022, the
European Commission added the UAE to its blacklist over illicit financial
flows.[43][44] In January 2025, the UAE Economy Minister Abdulla bin Touq Al
Marri criticized the EU for continuing to consider the country on its
blacklist, despite its removal from the FATF’s “gray list”.[45] In July 2025,
the European Parliament approved the European Commission’s updated money
laundering blacklist that removed the UAE, despite earlier opposition from the
MEPs.[46][47] Transparency International, along with lawmaker and civil society
groups, criticized the Parliament’s decision, saying it is premature to judge
if the UAE’s reforms are effective and that the decision appears to be
politically motivated.[48]
Data
The following table shows the main economic
indicators in 1980–2024 (with IMF estimates between 2022 and 2028).[49]
EXTERNAL TRADE
Emirati exports in 2006
With imports totaling $273.5 billion in 2012,
UAE passed Saudi Arabia as the largest consumer market in the region. Exports
totaled $314 billion, making UAE the second largest exporter in the region.[24]
UAE and India are each other’s main trading
partners, with the latter having many of its citizens working and living in the
former. The trade totals over $75 billion (AED275.25 billion).[50]
In 2021, the main export partners of the UAE
were India (14.2%), Japan (8.3%), China (mainland) (7.7%), Saudi Arabia (7.5%),
Iraq (4.8%), Singapore (4.0%), the European Union (4.0%), Oman (3.8%), Hong
Kong (3.4%), and Thailand (3.0%).[11]
The main import partners in 2012 were China
(17.3%), the European Union (12.1%), India (9.4%), the United States (5.5%),
Saudi Arabia (5.2%), the United Kingdom (2.8%), Mali (2.7%), Japan (2.6%),
Turkey (2.1%), and Vietnam (2.0%).[11]
DIVERSIFICATION OF THE UAE’S ECONOMY
Although the UAE has the most diversified
economy in the GCC, the UAE’s economy remains extremely reliant on oil.[51]
With the exception of Dubai, most of the UAE is dependent on oil revenues.
Petroleum and natural gas continue to play a central role in the economy,
especially in Abu Dhabi. More than 85% of the UAE’s economy was based on the
oil exports in 2009.[17][18] While Abu Dhabi and other UAE emirates have
remained relatively conservative in their approach to diversification, Dubai,
which has far smaller oil reserves, was bolder in its diversification
policy.[22] In 2011, oil exports accounted for 77% of the UAE’s state
budget.[19]
Dubai suffered from a significant economic
crisis in 2007–2010 and was bailed out by Abu Dhabi’s oil wealth. Dubai’s current[when?]
prosperity has been attributed to Abu Dhabi’s petrodollars.[52] In 2014, Dubai
owed a total of $142 billion in debt.[53] The UAE government has worked towards
reducing the economy’s dependence on oil exports by 2030.[54] Various projects
are underway to help achieve this, the most recent being the Khalifa Port,
opened in the Emirate of Abu Dhabi at the end of 2012. The UAE also won the
right to host the World Expo 2020, which is believed to have a positive effect
on future growth, although there are some skeptics which mention the
opposite.[55]
Over the decades, the Emirate of Dubai has
started to look for additional sources of revenue. High-class tourism and
international finance continue to be developed. In line with this initiative,
the Dubai International Financial Centre was announced, offering 55.5% foreign
ownership, no withholding tax, freehold land and office space and a tailor-made
financial regulatory system with laws taken from best practice in other leading
financial centers, like New York, London, Zürich and Singapore. [citation
needed] A new stock market for regional companies and other initiatives was
announced in DIFC. Dubai has also developed Internet and Media free zones,
offering 100% foreign ownership, no tax office space for the world’s leading
ICT and media companies, with the latest communications infrastructure to
service them. Many of the world’s leading companies have now set up branch
offices, and even changed headquarters to, there. Recent [when?] liberalization
in the property market allowing non-citizens to buy freehold land has resulted
in a major boom in the construction and real estate sectors, with several
signature developments, such as the 2 Palm Islands, the World (archipelago),
Dubai Marina, Jumeirah Lake Towers, and a number of other developments,
offering villas and high rise apartments and office space.
Emirates (part of the Emirates Group) was
formed by the Dubai Government in the 1980s and is presently [when?] one of the
few airlines to witness strong levels of growth. Emirates is also the largest
operator of the Airbus A380 aircraft. As of 2001, budgeted government revenues
were about AED 29.7 billion, and expenditures were about AED 22.9 billion. In
addition, to finding new ways of sustaining the national economy, the UAE has
also made progress in installing new, sustainable methods of generating
electricity. This is evidenced by various solar energy initiatives at Masdar
City and by other renewable energy developments in parts of the
country.[56][57]
In addition, the UAE is starting to see the
emergence of local manufacturing as a new source of economic development.
Examples of significant government-led investments, such as Strata in the
aerospace industry, under Mubadala, are successful, while there are also small
scale entrepreneurial ventures picking up, such as Zarooq Motors in the
automotive industry.[58]
In August 2020, the Barakah nuclear power
plant, the first nuclear power plant in the Arab world, became operational.[59]
In its hard push for economic diversification,
the UAE had been increasing its presence in Africa. One of the areas of
interest had been clean energy, for which Abu Dhabi’s Masdar built
infrastructure, including five wind farms in South Africa, a battery energy
storage system in Senegal and solar power facilities in Mauritania. Emirati
companies were also investing in fossil fuels, where ADNOC purchased 10% stakes
in Mozambique’s Rovuma gas basin. UAE’s e& also established a foothold in
around 12 countries across Africa. The Emirati companies also entered the
mining sector, where Tahnoun bin Zayed’s International Holding Company
expressed investment interests in mines in Kenya, Tanzania and Angola. However,
certain investments had also been controversial. Tanzanian authorities were alleged
of forcing several Maasai off their land for a safari and hunting project of an
Emirati firm. A Dubai-based firm, Blue Carbon, signed preliminary agreements in
Liberia, Tanzania, Kenya, Zambia and Zimbabwe, aiming to generate carbon
credits. However, it was accused of attempting to acquire millions of hectares
of African forests in a greenwashing attempt. Meanwhile, DP World also invested
around $3bn in Africa, and operates ports from Mozambique in the south to
Algeria in the north and Angola on the Atlantic. The Emirates had also been
alleged of controversial actions in the war zones in Africa, including in Libya
and Sudan.[60]
The UAE targeted another major milestone in
its diversification plans, as it granted a “Commercial Gaming Facility
Operator” license to Wynn Resorts in October 2024. Wynn is developing a $3.9
billion integrated resort, Wynn Al Marjan Island, in Ras Al Khaimah, which will
also include a 224,000 sq. ft. casino component. Set to open in 2027, the
project aims at targeting foreign tourists and boosting tourism. Although the
UAE established the General Commercial Gaming Regulatory Authority (GCGRA) in
September 2023, it has no laws that legalize gambling or its tools and
machines. Gambling remains a cultural taboo and illegal for local citizens.
Despite the casino facility being constructed in the Emirates, project
operators and insiders avoided talking publicly about it.[61][62][63]
FOREIGN TRADE
Concerning foreign trade, the UAE’s market is
one of the world’s most dynamic markets, placed among the 16 largest exporters
and 20 largest importers of commodities.[64] The top five Main Partner
Countries of the UAE in 2014 were Iran (3.0%), India (2.9%), Saudi Arabia
(1.5%), Oman (1.4%) and Switzerland (1.2%). The top five UAE suppliers are China
(7.4%), United States (6.4%), India (5.8%), Germany (3.9%) and Japan (3.5%).
UAE’s Foreign Trade Indicators[65]
Indicator 2010 2011 2012 2013 2014
Imports of Goods (million USD) 165,000 203,000 226,000 251,000 262,000
Exports of Goods (million USD) 214,000 302,000 349,000 379,000 360,000
Imports of Services (million USD) 41,337 55,702 62,301 66,413 70,279
Exports of Services (million USD) 11,028 12,063 15,276 17,345 19,769
Imports of Goods and Services (Annual %
Change) 2.1 18.8 5.2 6.5 6.1
Exports of Goods and Services (Annual %
Change) 2.5 20.7 17.0 4.5 8.2
Imports of Goods and Services (in % of GDP) 72.2 72.3 75.3 76.8 77.9
Exports of Goods and Services (in % of GDP) 78.8 90.3 100.6 101.3 98.0
In 2014, the United Arab Emirates managed to
export 380.4bn dominated by four products which are [1] (19.8%) Diamonds,
whether or not worked, but not mounted... (3.4%) Gold in UAE(3.2%) incl. gold
plated with platinum, unwrought...Articles of jewellery and parts thereof,
of...(2.8%). In the same year, the United Arab Emirates imported 298.6 bn
dominated by five countries which are China (7.4%), United States (6.4%), India
(5.8%), Germany (3.9%), Japan (3.5%).
On one hand, the United Arab Emirates managed in
2013 to export 17 bn USD services exported in 2013 dominated by travel
(67.13%), transportation (28.13%), Government services (4.74%). On the other
hand, it imported 63.9 bn USD of services imported services dominated by
transportation (70.68%), travel (27.70%) and government services (1.62%)
In September 2021, the UAE announced plans to
increase trade ties with other economies, particularly in Asia and Africa. The
country indicated that it was seeking inward foreign investments of around $150
billion in the next nine years, that is, by 2030. The UAE aimed to be one of
the world’s ten largest investment destinations. However, it faced strong
competition from its neighbor, Saudi Arabia, creating a broader gap in the
once-assumed alliance between the two countries. The Emirati minister of state
for foreign trade said, “Let the Saudis increase the competition. It means the
pie is going to be bigger and having a bigger pie means that the UAE share out
of this pie is going to be bigger.”[66]
The EU identified that Emirati firms were
involved in the direct trade of weapon components to Russia. EU sanctions
targeted two UAE-based companies, I Jet Global and Success Aviation Services,
which were exporting dual-use goods. The EU warned that countries that will be used
for Russia’s benefit could face a total ban on imports from the EU military and
high tech kit. Furthermore, a trade war with the UAE was expected, if it
continued trade with Russia.[67]
The United Arab Emirates has introduced
significant changes to its regulations concerning the promotion and
distribution of foreign investment funds within the country. As part of these
changes, encapsulated in several decisions by the Securities and Commodities
Authority, foreign-owned funds can no longer directly advertise or distribute
units publicly in the UAE. Instead, these activities are confined to private
distribution aimed at Professional Investors and/or Market Counterparties. This
shift signifies a strategic move to tighten the circumstances under which foreign
funds can interact with UAE-based investors, particularly Retail Customers and
Professional Investors, underscoring a push towards a more regulated investment
environment.[68]
These regulatory updates have also led to
changes in the distribution to Professional Investors, as they are now no
longer exempt under the Securities and Commodities Authority Rulebook. Only
firms licensed by the SCA to conduct the regulated activity of “Promotion” are
now permitted to promote such funds, and only on a private placement basis.
Furthermore, the promotion or distribution of foreign funds to retail investors
is outright prohibited, although reverse solicitation from retail investors is
not prohibited in itself. All foreign funds to be distributed in the UAE must
be registered with the SCA, barring those that can prove documented reverse
solicitation.[69]
Three Emirati companies were found involved in
trade of Iranian petroleum or petrochemical products, and were sanctioned by
the US State Department in June 2024. One of the companies was Sea Route Ship
Management FZE, which engaged in transport of Iranian petrochemical products as
the commercial manager of the vessel ASTRA. The other two firms, Almanac Ship
Management LLC and Al Anchor Ship Management FZE were involved in transport of
Iranian petroleum products as the commercial manager of the vessels BERENICE
PRIDE and PARINE respectively.[70]
In July 2024, Samco Petroleum Energy FZE,
located in Hamriyah Free Zone, was put up for sale for $17.7 million, with a
promise to provide a turnkey oil trading operation. The sale emerged amidst the
US sanctions imposed on several oil traders in the UAE’s free trade zones,
particularly Hamriyah, for continuing business with Iran and Russia. In
November 2023, OFAC sanctioned a dozen companies in various UAE’s free zones
for facilitating the sale of Iranian products in third countries through Sepehr
Energy, which is affiliated with Iran’s Armed Forces General Staff. In March
2023, more companies operating in the UAE were sanctioned for exporting
petrochemical products from Iran’s Persian Gulf Petrochemical Industries to
India and Southeast Asia. The Emirati authorities were also pushed to halt
Russian imports and exports via Dubai.[71]
In September 2024, the UAE and Australia
agreed on a free trade deal, which was expected to increase investment in
Australia’s significant mineral and clean energy sectors. The deal was to
eliminate tariffs on imports of over 99% of Australian goods. However,
Australian unions criticized the deal, highlighting the UAE’s poor human rights
and labor record, including modern slavery under the kafala system. Michele
O’Neil also expressed concerns regarding the exploitation of migrant workers in
the UAE, calling it one of the most repressive regimes with which Australia has
entered into a bilateral trade deal.[72]
HUMAN RESOURCES AND EMPLOYMENT
Further information: Human rights in the
United Arab Emirates
Many
buildings were built primarily by workers from South Asia and East
Asia.[73][74] This is generally because the current generation of UAE locals
prefer governmental jobs and not private sector employment.[75][76] On 17 June
2008, there were about 7,500 skilled workers employed at the Burj Khalifa
construction site.[77] Press reports indicated in 2006 that skilled carpenters
at the site earned £4.34 a day, and labourers earned £2.84.[73] According to a
BBC investigation and a Human Rights Watch report, the workers were housed in
abysmal conditions, and worked long hours for low pay.[78][79][80] During
construction, only one construction-related death was reported.[81] However,
workplace injuries and fatalities in the UAE are “poorly documented”, according
to Human Rights Watch.[78]
In
March 2006 about 2,500 workers, upset over buses that were delayed for the end
of their shifts, protested and triggered a riot, damaging cars, offices,
computers and construction equipment.[73] A Dubai Interior Ministry official
said the rioters caused almost £500,000 in damage.[73] Most of the workers
involved in the riot returned the following day but refused to work.[73]
Workers at Dubai airport also protested.
Emiratisation
Emiratisation
is an initiative by the government of the UAE to employ more UAE Nationals in a
meaningful and efficient manner in the public and private sectors.[82][83]
While the program has been in place for more than a decade and results can be
seen in the public sector, the private sector is still lagging behind with
citizens only representing 0.34% of the private sector workforce.[84]
While there is general agreement over the
importance of Emiratisation for social, economic and political reasons, there
is also some contention as to the impact of localization on organizational
efficiency. It is yet unknown whether, and the extent to which, employment of
nationals generates returns for MNEs operating in the Middle East. Recent
research cautions that localization is not always advantageous for firms
operating in the region, and its effectiveness depends on a number of
contingent factors.[85][86]
In December 2009 however, a positive impact of
UAE citizens in the workplace was identified in a newspaper article citing a
yet unpublished study,[87] this advantage being the use of networks within the
evolving power structures.
Overall, however, uptake in the private sector
remains low regardless of significant investments in education, which have
reached record levels with education now accounting for 22.5% – or $2.6 billion
– of the overall budget planned for 2010.[88] Multiple governmental initiatives
are actively promoting Emiratisation by training anyone from high school
dropouts to graduates in a multitude of skills needed for the – essentially
Western – work environment of the UAE, these initiatives include Tawteen
UAE,[89] ENDP[90] or the Abu Dhabi Tawteen Council.[91]
There are very few anti-discrimination laws in
relation to labour issues, with Emiratis – and other GCC nationals – being
given preference when it comes to employment.[92] Unions are generally banned
and workers with any labour issues are advised to be in touch with the Ministry
of Labour, instead of protesting or refusing to work. Migrant employees often complain of poor
workplace safety and wages based on nationality, although this is being slowly
addressed.[93]
Beyond directly sponsoring educational
initiatives, the Emirates Foundation for Philanthropy[94] is funding major
research initiatives into Emiratisation through competitive research grants,
allowing universities such as United Arab Emirates University or Dubai School of
Government to build and disseminate expertise on the topic.
Academics working on various aspects of
Emiratisation include Paul Dyer[12] and Natasha Ridge from Dubai School of
Government, Ingo Forstenlechner[13] from United Arab Emirates University, Kasim
Randaree from the British University of Dubai and Paul Knoglinger from the
FHWien.
In 2020, economy of the United Arab Emirates
became vulnerable to the COVID-19 pandemic, witnessing an economic shutdown.
Among the Emirates, Dubai was facing extreme situation, where the expat workers
were left jobless. Thousands of the Britons working in the city started selling
off their possessions to collect money, as the strict visa regulations forced
them to return to the UK.[95]
According to an April 2021 report published by
the Democracy Centre for Transparency on the Discrimination against foreigners
and expatriates living in the UAE versus Emirati citizens, despite labor
reforms in the UAE, foreigners and skilled or unskilled migrant workers face
discrimination and racialization[clarification needed] from the citizens of the
country. Foreigners and expatriates are often subjected to discrimination at
work concerning promotions and wages, or gender inequality. The findings of the
DCT concern the organization as the UAE’s economy largely relies on foreign
workers and thus fulfills a crucial international role. The organization
demands that the UAE abide by universal human rights principles.[96][97]
The 31st
edition of World Report 2021 released by Human Rights Watch reiterates that
labour abuses driven by an exploitative kafala system are persistent in the
UAE. During the COVID-19 pandemic, migrant workers faced massive unemployment
issues and were also left stranded in dire conditions without legal
residencies. Also, many migrants suffered wage theft and were unable to pay
rent or buy food.[98]
INVESTMENT
The stock market capitalization of listed
companies in the UAE was valued at $109.9 billion in October 2012 by
Bloomberg.[99]
Outward investment
A investment institutions were created by the
government to promote manage investments made by the UAE abroad:
Abu Dhabi Investment Authority (ADIA)
Abu Dhabi Investment Council (ADIC)
Mubadala Development Company (MDC)
International Petroleum Investment Company
(IPIC)
Dubai World
Dubai International Capital (DIC)[100]
Corporate Governance Code
The Capital Market Authority (CMA) introduced
a new corporate governance regulation (the Corporate Governance Code), which
applies to all joint stock companies and institutions whose securities are
listed on Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX)
in 2009.[101]
Banking
On 19 June 2020, rating agency Moody’s changed
its outlook regarding eight banks in the United Arab Emirates from stable to
negative. The change was due to “the potential material weakening in their
standalone credit profiles”, where the UAE’s economy was facing additional
challenges amidst the COVID-19 pandemic and low oil prices. The eight banks
included Abu Dhabi Commercial Bank, Emirates NBD, HSBC Bank Middle East, Dubai
Islamic Bank, Abu Dhabi Islamic Bank, National Bank of Fujairah, National Bank
of Ras al-Khaimah and Mashreq Bank.[102]
The Fitch Ratings in its 22 June 2020 report
predicted that the Standalone Credit Profiles of UAE-based banks are to
possibly weaken in the following year due to the COVID-19 pandemic and oil
price collapse. As per the Fitch report, despite the implementation of timely
measures for supporting the economy, the profitability of banks in the UAE are
prone to get affected by a lower non-interest income worsened by a controlled
business volume, lower interest rates, and higher loan recovery charges. In
addition, the asset quality is expected to weaken, too, following the
unbearable impact of the economic downturn that all borrowers may not be able
to withstand.[103]
Real estate
Dubai International Financial Center
The development in the real estate and
infrastructure sectors during the recent year has contributed in making the country
a global touristic destination. The contribution of tourism in the Emirati GDP
increased from 3% in the mid-1990s to more than 16.5% by the end of 2010. This
trend is supported by the huge public investments in touristic projects (47
Billion Dollars per annum) carried mainly to expend airports, increase their
capacity, set up new airports and ports.
The real estate sector have a positive impact
on development, job opportunities, investments and tourism as estate projects
were launched to meet the needs of market and the increasing demand for housing
and commercial units especially in Dubai and Abu Dhabi.
The UAE has about 37% of the region’s
petroleum and gas industries, chemical industries, energy and water and garbage
projects. The UAE’s government have been injecting huge funds in tourism and
real estate projects, especially in Abu Dhabi and Dubai. Al Saadiyat Island in
Abu Dhabi and Burj Khalifa in Dubai, the tallest tower in the world, world
central near “Jebel Ali” are a point in case of the milestones that have given
the UAE its high profile of a global tourist destination. According to
2013–2014 Global Competitiveness Report, the UAE ranked fourth worldwide in
terms of infrastructure quality.
On 28 November 2020, the Abu Dhabi Media
Office announced that the government of United Arab Emirates, ahead of the 49th
National Day, granted house loans, land and homes worth $2 billion (7.2 billion
dirhams) to their citizens. The package is said to consist 3,099 plots, 2,000
house loans and 601 homes and exempting some families of the deceased citizens
and retirees from the repayment of mortgage. The Director General of the Abu
Dhabi Housing Society, Basheer Al Mehairbi said the initiative of providing
sustainable housing aimed at ensuring a good standard of living for the
citizens of the UAE.[104]
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ATTACHMENT
“E” – FROM WIKI
POPULATION
and ECONOMICS – Abu Dhabi
From Wikipedia, the free
encyclopedia
This article is about the city. For the
municipal region, see Abu Dhabi
Central Capital District. For the emirate, see Emirate of Abu Dhabi.
For other uses, see Abu Dhabi
(disambiguation).
|
Abu Dhabi أبوظبي |
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Coat of arms Wordmark |
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Abu Dhabi Location of Abu Dhabi within the UAE Show map of United Arab EmiratesShow map of AsiaShow all |
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Coordinates: |
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Country |
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Government |
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• Type |
|
|
• Body |
|
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• Director-General of City Municipality |
Saif Badr al-Qubaisi |
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Area |
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• Total |
972 km2 (375 sq mi) |
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Elevation |
27 m (89 ft) |
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Population |
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• Total |
2,189,860 |
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• Rank |
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• Density |
2,250/km2 (5,840/sq mi) |
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Abu Dhabian, Dhabyani |
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GDP |
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• Total |
US$ 118.4 billion (2023) |
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• Per capita |
US$ 75,600 (2023) |
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Website |
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Abu Dhabi[a] is the capital city of the United Arab Emirates (UAE).
The city is the seat of the Abu Dhabi
Central Capital District, the capital city of the Emirate of Abu Dhabi,
and the UAE's second-most
populous city, after Dubai. The city is situated on a T-shaped island,
extending into the Persian Gulf from
the central-western coast of the UAE.
Abu Dhabi is located on an island in
the Persian Gulf,
off the Central West Coast. Most of the city and the Emirate reside on the
mainland connected to the rest of the country. As of 2023, Abu Dhabi's urban
area had an estimated population of 2.5 million,[5] out of 3.8 million in the emirate
of Abu Dhabi.[6] The Abu Dhabi Investment Authority
(ADIA), headquartered in the city, is estimated to manage approximately US$1
trillion in assets, making it the world's third-largest sovereign wealth fund
after Norway's Government Pension Fund Global and China's CIC.[7][8] Abu Dhabi itself has over a
trillion US dollars'
worth of assets under management in a combination of various sovereign
wealth funds headquartered there.[9]
Abu Dhabi houses local and federal
government offices and is the home of the United Arab
Emirates Government and the Supreme
Council for Financial and Economic Affairs. The city is home
to the UAE's
president, a member of the Al Nahyan family. Abu Dhabi's rapid development
and urbanisation,
coupled with the massive oil and gas reserves and production and relatively
high average income, have transformed it into a large, developed metropolis. It
is the country's centre of politics and industry, and a major culture and commerce centre. Abu Dhabi accounts for about
two-thirds of the roughly $503 billion UAE economy.[10]
History
For a chronological guide, see Timeline of Abu Dhabi.
Sheikh Shakhbut
bin Sultan Al Nahyan, brother of Sheikh Zayed,
ruled Abu Dhabi from 1928 to 1966
The area surrounding Abu Dhabi abounds in
archaeological evidence from historical civilisations, such as the Umm Al Nar Culture,
which dates back to the third millennium BC. Other settlements were also found
farther outside the modern city of Abu Dhabi, including the eastern[11] and western regions
of the Emirate.[12] On December 2, 1971, Abu Dhabi, along
with five other emirates, formed the United Arab Emirates
(UAE).[13] This union was marked by the
establishment of a federal government and the appointment of Sheikh Zayed bin
Sultan Al Nahyan as the first President of the UAE.
Etymology
"Abu" is Arabic for father, and
"Dhabi" is the Arabic word for gazelle. Abu Dhabi means "Father of
Gazelle."[14]
Origins of Al Nahyan
The Bani Yas, the tribe from which the Al Nahyan family are
drawn, was originally settled in the Liwa Oasis in the Emirate's western region. This
tribe was the most significant in the area, having over 20 subsections. In
1761, the discovery of fresh water by a hunting party led by Sheikh
Dhiyab bin Isa Al Nahyan near the coast saw a settlement
established there.[14] A popular story is that the hunters
were pursuing a gazelle, hence the name of the settlement. The Al Bu Falah subsection of the tribe were the first
to establish the new settlement and remained the source of the tribal rulers.[15] Originally consisting of a fort and
twenty houses, within two years the town consisted of a settlement of some 400
houses. The fort remains at the centre of Abu Dhabi today, the Qasr Al Hosn.[14]
Pearl trade
The pearl diving business was a key
industry prior to the discovery of oil reserves. According to a source about
pearling, the Persian Gulf was
the best location for pearls.[16] The pearl industry boomed from the late
19th century through to the second decade of the 20th century, however it is
believed to date back around 7,000 years. Pearl divers dive for one to three
minutes and would have dived as many as thirty times per day. Air tanks and any
other sort of mechanical device were forbidden. The divers had a leather nose
clip and leather coverings on their fingers and big toes to protect them while
they searched for oysters.[17] The divers were not paid for a day's
work but received a portion of the season's earnings.[18] There are three main journey of pearl
divers, happening between the 5th and 9th month each year. Summer was the
busiest time. Pearl divers made very deep dives, about 50 dives were made a
day, each about 3 minutes long.[19]
Trucial coast
In the 19th century, as a result of
treaties (known as "truces" which gave the coast its name) entered
into between Great Britain and
the sheikhs of the Arab States of the Persian Gulf, Britain became the predominant influence
in the area.[20] The main purpose of British interest
was to protect the trade route to India from pirates, hence, the earlier name
for the area, the "Pirate
Coast". After the suppression of piracy, other
considerations came into play, such as a strategic need of the British to
exclude other powers from the region. Following their withdrawal from India in
the year 1947, the British maintained their influence in Abu Dhabi as interest
in the oil potential of the Persian Gulf grew.[21]
First oil discoveries
In the mid to late 1930s, as the pearl
trade declined, interest grew in the oil possibilities of the region. On 5
January 1936, Petroleum
Development Trucial Coast Ltd (PDTC), an associate company of
the Iraq Petroleum Company,
entered into a concession agreement with the ruler, Sheikh Shakhbut
bin Sultan Al Nahyan, to explore for oil. This was followed
by a seventy-five-year concession signed in January 1939. However, owing to the
desert terrain, inland exploration was fraught with difficulties. In 1953,
D'Arcy Exploration Company, the exploration arm of BP,
obtained an offshore concession which was then transferred to a company created
to operate the concession: Abu Dhabi Marine Areas (ADMA) was a joint venture
between BP and Compagnie Française des Pétroles (later Total). In 1958, using a marine drilling platform, the
ADMA Enterprise, oil was discovered in the Umm Shaif field at a depth of about
2,669 metres (8,755 ft). This was followed in 1959 by PDTC's onshore
discovery well at Murban No.3.[22]
ADMA discovered the Bu Hasa oil field in 1962 and the Lower Zakum oil field in
1963. Today, in addition to the oil fields mentioned, the main producing fields
onshore are Asab, Sahil and Shah, and offshore are al-Bunduq, and Abu
al-Bukhoosh.[22]
Perceived mismanagement of the emirate's
oil revenues, as well as fears of a pan-Arab uprising, led to the British backing a
bloodless coup by Shakhbut's younger brother Zayed Al
Nahyan on August 6, 1966.[23]
Modern development
|
This
section needs expansion. You can help by adding missing
information. (December 2025) |
Geography
Abu Dhabi seen from Sentinel-2, European Space Agency
The city of Abu Dhabi is on the southeastern side of the Arabian Peninsula, adjoining the Persian Gulf. It is on an island less than 250 metres
(820 ft) from the mainland and is joined to the mainland by the Maqta
and Mussafah Bridges. A third, Sheikh Zayed Bridge,
designed by Zaha Hadid,
opened in late 2010. Abu Dhabi Island is also connected to Saadiyat Island by a five-lane motorway bridge.
Al-Mafraq bridge connects the city to Reem Island and was completed in early 2011. This
is a multi-layer interchange bridge and it has 27 lanes which allow roughly
25,000 automobiles to move per hour. There are three major bridges in the project,
the largest has eight lanes, four leaving Abu Dhabi city and four coming in.[24]
Most of Abu Dhabi city is located on the
island itself, but it has many suburban districts on the mainland, for example,
Khalifa City A, B, and C; Khalifa City Al Raha Beach;[25] Al Bahia City A, B, and C; Al Shahama;
Al Rahba; Between Two Bridges; Baniyas; Shamkha; Al Wathba and Mussafah
Residential.
Gulf waters of Abu Dhabi holds the world's
largest population of Indo-Pacific
humpbacked dolphins.[26][27][28] To the east of the island is the Mangrove
National Park, located on Al Qurm Corniche. Al-Qurm (ٱلْقُرْم) is Arabic for "The Mangrove".[29]
Climate
Abu Dhabi has a hot desert climate (Köppen
climate classification BWh). Sunny blue skies can
be expected throughout the year. The months of May through September are
generally extremely hot and humid with maximum temperatures averaging above
40 °C (104 °F), mainly occurring during the peak summer months of
July and August. During this time, sandstorms occur intermittently, in some
cases reducing visibility to a few metres.[30] Due to high humidity, especially in
coastal areas, the heat index (or "feels-like" temperature) can be
significantly higher than the actual air temperature.[citation
needed] Dust storms are common during the hot,
dry months, affecting air quality and visibility.[citation
needed]
Decorated stone cup from Umm Al Nar site,
Abu Dhabi on display at the Louvre Abu Dhabi
The cooler season is from November to
March, which ranges between moderately hot to mild. This period also sees dense
fog on some days and a few days of rain. On average, January is the coolest
month of the year, while August is the hottest. Since the Tropic of Cancer
passes through the emirate, the southern part falls within the Tropics. However, despite the coolest month having an
18.8 °C (65.8 °F) average, its climate is far too dry to be classed
as tropical.
|
Climate data for Abu Dhabi (International Airport)
1991-2020 |
|||||||||||||
|
Month |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Year |
|
Record high °C (°F) |
34.3 |
38.1 |
43.0 |
44.7 |
46.5 |
48.5 |
49.0 |
48.2 |
47.7 |
43.1 |
37.9 |
33.8 |
49.0 |
|
Mean daily maximum °C (°F) |
24.5 |
26.5 |
29.7 |
35.0 |
39.6 |
41.4 |
42.5 |
43.4 |
40.9 |
36.6 |
31.0 |
26.5 |
34.8 |
|
Daily mean °C (°F) |
19.1 |
20.6 |
23.4 |
27.7 |
31.8 |
33.7 |
35.5 |
35.9 |
33.3 |
29.7 |
25.2 |
21.1 |
28.1 |
|
Mean daily minimum °C (°F) |
13.8 |
15.9 |
17.5 |
21.1 |
24.6 |
26.9 |
29.7 |
30.2 |
27.4 |
23.7 |
19.6 |
15.7 |
22.2 |
|
Record low °C (°F) |
5.6 |
5.4 |
8.4 |
11.3 |
16.6 |
19.8 |
22.2 |
24.9 |
20.4 |
15.0 |
13.1 |
7.3 |
5.4 |
|
Average precipitation mm
(inches) |
12.5 |
8.1 |
12.9 |
5.2 |
0.3 |
0.0 |
0.7 |
0.1 |
0.0 |
0.2 |
2.4 |
7.8 |
50.2 |
|
Average precipitation days (≥ 1 mm) |
2.8 |
2.0 |
2.9 |
1.4 |
1.0 |
0.0 |
1.0 |
1.0 |
0.0 |
1.0 |
2.2 |
2.4 |
17.7 |
|
Average relative humidity (%) |
68 |
66 |
61 |
53 |
50 |
54 |
55 |
54 |
60 |
62 |
65 |
69 |
59.7 |
|
Mean monthly sunshine hours |
249.4 |
245.7 |
267.8 |
294.6 |
342.9 |
341.3 |
328.3 |
323.8 |
305.7 |
303.0 |
265.3 |
254.3 |
3,522 |
|
Source 2: Climate Yearly Report[33] |
|||||||||||||
Twin cities
See also: List of
twin towns and cities in United Arab Emirates
For its geography, Abu Dhabi has been twinned with:
·
Houston, United States (2002)[36]
·
Brisbane, Australia (2009)[37]
Government
See also: Government
of the Emirate of Abu Dhabi
Abu Dhabi City is the capital of the Emirate of Abu Dhabi,
and the local government of Abu Dhabi is directly led by the Ruler of Abu Dhabi.
Abu Dhabi is the largest and wealthiest of the seven emirates, and it plays a
crucial role in the UAE's governance and economy. The Ruler has the executive
authority to issue local laws, create or merge government departments, and
appoint heads of departments. The Ruler of Abu Dhabi appoints the Abu Dhabi
Executive Council to lead the day-to-day management of
government affairs. The Department
of Municipal Affairs is responsible for municipal
affairs for the entire emirate. Abu Dhabi is part of the Central
Capital District,[b] which is separate from the eastern and
western municipal regions of the Emirate of Abu Dhabi. The main settlement of
the eastern region,
officially "Al Ain Region" since a decree
by Sheikh
Khalifa in March 2017, is Al Ain City, and that of the western region,
officially "Al Dhafra Region" as per the same
decree,[39][40] is Madinat Zayed.[1][12]
The Government
of the Emirate of Abu Dhabi officially leads both the
city and greater emirate with agencies operating out of Abu Dhabi with branches
in other cities. The Abu Dhabi Government has various agencies and
organisations operating across the emirate such as the Abu Dhabi Urban Planning Council and the Regulation
and Supervision Bureau, which are responsible for
infrastructure projects in the city.
Because Abu Dhabi is the capital of the
UAE, it also serves as the headquarters of the Federal government of the United Arab Emirates, the
office of the President
of the United Arab Emirates, and seat of the Federal
Supreme Council.[41]
The Abu Dhabi Government Media Office
(ADGMO) was formed in 2019 and is responsible for representing the government
in the media, organising press conferences for the emirate and monitoring local
and international media. It is a state-sponsored organisation that communicates
the latest developments in the capital, and the emirate's vision, values and
traditions.[42][43][44][45]
Cityscape
Abu Dhabi skyline as seen from the Marina
Architecture
See also: List of
tallest buildings in Abu Dhabi
ADIA Tower to
the left and The
Landmark at the right in Abu Dhabi
The city was planned under the guidance of
Sheikh Zayed by Japanese architect Katsuhiko Takahashi in 1967 initially for a
population of 40,000.[46] The density of Abu Dhabi varies, with
high employment density in the central area, high residential densities in
central downtown and lower densities in the suburban districts. In the dense
areas, most of the concentration is achieved with medium- and high-rise
buildings. Abu Dhabi's skyscrapers such as the notable Burj
Mohammed bin Rashid (World Trade Center Abu Dhabi), Etihad Towers, Abu Dhabi
Investment Authority Tower,[47] the National
Bank of Abu Dhabi headquarters,[48] the Baynunah (Hilton Hotel) Tower,[49] and the Etisalat headquarters are usually found in the
financial districts of Abu Dhabi.[50] Other notable modern buildings include
the Aldar
Headquarters, the first circular skyscraper in the Middle
East[51] and the Emirates Palace with its design inspired by Arab
heritage.[52]
The development of tall buildings has been
encouraged in the Abu Dhabi Plan 2030, which will lead to the
construction of many new skyscrapers over the next decade, particularly in the
expansion of Abu Dhabi's central business district such as the new developments
on Al Maryah Island and Al Reem Island.[53] Abu Dhabi already has a number of supertall
skyscrapers under construction throughout the city. Some
of the tallest buildings on the skyline include the 382 m (1,253.28 ft) Central Market
Residential Tower, the 324 m (1,062.99 ft) The
Landmark and the 74-story, 310 m
(1,017.06 ft) Sky Tower,
all of them completed. Also, many other skyscrapers over 150 m
(492.13 ft) (500 ft) are either proposed or approved and could
transform the city's skyline. As of July 2008, there were 62 high-rise
buildings 23 to 150 m (75.46 to 492.13 ft) under construction, approved for construction, or
proposed for construction.[54]
Sheikh Zayed Grand Mosque
Main article: Sheikh
Zayed Grand Mosque
The Sheikh Zayed Grand Mosque represents a
key fixture of the city's architectural patrimony. Its construction was
initiated under the administration of the late President Sheikh Zayed bin
Sultan Al Nahyan, a key figure in the foundation of the modern United Arab
Emirates.[55]
The mosque was constructed with materials
from countries around the world, including Italy, Germany, Morocco, Pakistan, India, Turkey, Iran, China, the United Kingdom, New Zealand, Greece, and the United Arab Emirates.[56] More than 3,000 workers and 38
contracting companies took part in the construction of the mosque. Consideration of durability motivated the
choice of many materials specified in the design of the structure. These
materials include marble, stone, gold, semi-precious stones, crystals, and ceramics.
Construction began on 5 November 1996. The building is large enough to safely
contain a maximum of approximately 41,000 people. The overall structure is
22,412 square metres (241,240 square feet). The internal prayer halls were initially
opened in December 2007.[55]
As one of the most visited buildings in the
UAE, the Sheikh Zayed Grand Mosque Center was established to manage the
day-to-day operations, as a place of worship and Friday gathering and as a
centre of learning and discovery through its education and visitor programs.[57]
In July 2019, the Grand Mosque was listed
among the top global attractions by TripAdvisor. As a part of its Travelers Choice Awards,
the travel website placed the architectural masterpiece on number three out of
the 750 landmarks considered from 68 countries.[58]
In May 2021, the Sheikh Zayed Grand Mosque
Center attended the Arabian Travel Market 2021 exhibition. This was part of the
centre's core strategy to be active in the religious and cultural aspects of
society.[59]
The Founder's Memorial
Main article: The Founder's Memorial
The Founder's Memorial,
a monument and visitor centre in Abu Dhabi, United Arab Emirates (UAE) is a
memorial to Sheikh
Zayed bin Sultan Al Nahyan, the first President
of the United Arab Emirates, who died in 2004. The memorial
consists of an open Heritage Garden and Sanctuary Garden at the centre of which
is a cubic pavilion housing The Constellation, an artwork dedicated to Zayed's
memory.[60]
Presidential Palace
Main article: Qasr Al Watan
The UAE Presidential Palace, Qaṣr Al-Waṭan ("Palace of the Nation"),[61] opened to the public in March 2019.[62][63] It was built on the grounds of Ladies
beach and construction was finished in 2018. Historically, 'barza' refers to a
majlis session during which important matters can be brought to the attention
of a Sheikh. After the Great Hall, it is the largest space in the UAE's
Presidential Palace which holds up to 300 guests.[64]
Multi-faith worship places
The Abrahamic Family House, a multi-faith
complex on Saadiyat Island, includes the Imam Al-Tayeb Mosque, St. Francis
Church, and the Moses Ben Maimon Synagogue—the UAE's first purpose-built
synagogue. The project was inaugurated on 16 February 2023 and officially
opened to the public on 1 March 2023.[65][66][67]
On 22 September 2019, the Department of
Community Development (DCD) in Abu Dhabi held a ceremony to grant licenses to
17 churches and
the first-ever traditional Hindu temple. The listed churches were Catholic, Orthodox and Protestant churches, including St Joseph's
Cathedral. The initiative was taken under the slogan "A
Call for Harmony", to allow people from all religions and cultures to
practice their faith in the country.[68]
Qasr Al Hosn
Main article: Qasr Al Hosn
Photograph of Qasr Al Hosn from the early
20th century
Qasr Al Hosn is the oldest building in the
Emirate of Abu Dhabi, built by the Bani Yas tribe in 1761. It was once the seat
of the government and the palace of the ruling Al Nahyan family. Today, it is a
museum open to all visitors portraying the history of Abu Dhabi and early
lifestyles. It is where the visitors will notice the art Talli, a traditional
form of decorative embroidery done by women, and the making of Al Sadu patterns
which represent symbols of daily life. A three-screen mini-theatre is available
which describes the traditional form of weaving practised by Bedouin women.[69]
Parks, gardens, zoo, and beaches
Abu Dhabi has several parks, gardens, a
zoo, and more than 400 kilometres (249 miles) of coastline, of which 10
kilometres (6 miles) are public beaches.[70]
The Lake
Park
Mangroves at Mangrove
National Park, near Al Qurm Corniche on Sheikh
Zayed Bin Sultan Street in the eastern part of the city[29]
Giraffe
at Emirates
Park Zoo in Al Bahiyah, near the Abu Dhabi–Dubai highway
Economy
The UAE's large hydrocarbon wealth gives it one of the highest GDP
per capita in the world and Abu Dhabi owns the majority of these resources—95%
of the oil and 92% of gas.[71] Abu Dhabi thus holds 9% of the world's
proven oil reserves (98.2bn
barrels) and almost 5% of the world's natural gas (5.8 billion cubic metres or 200 billion cubic feet). As of April 2022, oil production in the
UAE was about 3.0 million barrels per day (BPD).[72] The UAE is looking to expand its
maximum production capacity from approximately 4 million BPD to 5 million BPD
by 2030.[73] In recent years, the focus has turned
to gas as increasing domestic consumption for power, desalination and
reinjection of gas into oil fields increases demand. Gas extraction is not
without its difficulties, however, as demonstrated by the sour gas project at
Shah where the gas is rich in hydrogen sulfide content and expensive to develop
and process.[22]
An Airbus A380 belonging to Etihad Airways, the second-largest airline in the UAE
after Dubai-based Emirates
In 2009, the government diversified its
economic plans. Served by high oil prices, the country's non-oil and gas GDP
outstripped that attributable to the energy sector. Non-oil and gas GDP now
constitutes 64% of the UAE's total GDP. This trend is reflected in Abu Dhabi
with substantial new investment in industry, real estate, tourism and retail. As Abu Dhabi is the
largest oil producer of the UAE, it has reaped the most benefits from this
trend. It has taken on an active diversification and liberalisation program to
reduce the UAE's reliance on the hydrocarbon sector. This is evident in the
emphasis on industrial diversification with the completion of free zones,
Industrial City of Abu Dhabi, twofour54 Abu Dhabi media free zone and the
construction of another, ICAD II, in the pipeline. There has also been a drive
to promote tourism and real estate with the Abu Dhabi
Tourism Authority and the Tourism and Development
Investment Company undertaking several large-scale development projects. These
will be served by improved transport infrastructure, with a new port, an
expanded airport and a proposed rail link between Abu Dhabi and Dubai all in
the development stages.[74]
Capital Gate The building is owned and was developed
by the Abu Dhabi
National Exhibitions Company.
Abu Dhabi's Emirate is the wealthiest of
the UAE in terms of Gross domestic product (GDP)
and per capita income.
More than $1 trillion is invested worldwide in the city. In 2010, the
GDP per capita reached $49,600, which ranks ninth in
the world. Taxation in
Abu Dhabi, as in the rest of the UAE, is nil for a resident
or a non-bank, non-oil company. Abu Dhabi is also planning many future projects
sharing with the Cooperation Council for the Arab States of the Gulf (GCC)
and taking 29% of all the GCC future plannings. The UAE has a fast-growing
economy: in 2006 the per capita income grew by 9%, providing a GDP per
capita of $49,700 and ranking third in the world at purchasing
power parity.
Marina Shopping Mall,
one of the largest shopping malls in the city
Abu Dhabi's government is looking to expand
revenue from oil and gas production to tourism and other things that would
attract different types of people. This goal is seen in the amount of attention
Abu Dhabi is giving its International Airport. The airport experienced a 30%+
growth in passenger usage in 2009.[75] This idea of diversifying the economy
is also seen in the Abu Dhabi Economic Vision 2030[76] planned by the Abu Dhabi Urban Planning
Council. In this plan, Abu Dhabi's economy will be sustainable and not
dependent on any single source of revenue. More specifically the non-oil
portion of income is planned to be increased from about 40% to about 70%.[77] As of July 2019, Abu Dhabi allocated
$163 million to finance global entertainment partners as part of its plan
to diversify the economy and wean it off oil.[78]
Many Hollywood and other national film
production teams have used parts of the UAE as filming locations. Neighbouring
Dubai gets a lot of attention, but in recent years Abu Dhabi has become a
popular destination. The Etihad Towers and Emirates Palace Hotel were
some of the city's landmarks used as filming locations for the movie Furious
7, in which cars rush through the building and smashed through the windows
of the towers.[79]
In 2018, Abu Dhabi launched Ghadan 21, a
string of initiatives to diversify the economy. The total injection is AED
50 billion.[80] There are four main areas these
initiatives must fall under: business and investment, society, knowledge and
innovation, and lifestyle. The first phase includes over 50 initiatives that
reflect the priorities of citizens, residents and investors.[81]
Utility services
See also: Water
supply and sanitation in Abu Dhabi
The desalinated water supply and power
production are managed by the Abu Dhabi Water and Electricity Authority
(ADWEA). As of 2006, it supplied 560.2 MiGD (million imperial gallons per day) of water,[82] while the water demand for 2005–06 was
estimated to be 511 MiGD.[83] The Environment Agency of Abu Dhabi
(EAD) states that groundwater is the most significant source of water, as well
as desalinated potable water, and treated sewage effluent. At 40.6 MiGD, the
Umm Al Nar storage is the largest water source for Abu Dhabi, followed by the
rivers Shuweihat and Taweelah.[84] With falling groundwater level and rising
population density, Abu Dhabi faces a severely acute water shortage. On average
each Abu Dhabi resident uses 550 litres (120 imp gal;
150 US gal) of water per day.[85] Abu Dhabi daily produces 1,532 tonnes of solid wastes which are dumped at three
landfill sites by the Abu Dhabi Municipality.[86][87] The daily domestic wastewater
production is 330 MiGD and industrial waste water is 40 MiGD. A large portion
of the sewerage flows as waste into streams and separation plants.[87]
The city's per capita electricity
consumption is about 41,000 kWh and the total supplied is 8,367 MW as of 2007.[88] The distribution of electricity is
carried out by companies run by SCIPCO Power and APC Energy. As part of UAE's
Energy Strategy 2050 to reduce the carbon emission of power generation by 70%,
Noor Abu Dhabi solar park project which is the largest solar project in the
world was completed on 2 July 2019.[89][90][91] The Abu Dhabi Fire Service runs 13 fire
stations that attend about 2,000 fire and rescue calls per year.
State-owned Etisalat and private du communication companies provide telephone and
cell phone service to the city. Cellular coverage is extensive, and both GSM
and CDMA (from Etisalat and Du) services are available. Etisalat, the government-owned telecommunications
provider, held a virtual monopoly over telecommunication services in Abu Dhabi
prior to the establishment of other, smaller telecommunications companies such
as Emirates Integrated Telecommunications Company (EITC – better known as Du) in 2006. The Internet was introduced into Abu Dhabi
in 1995. The current network is supported by a bandwidth of
6 GB, with 50,000 dialup and
150,000 broadband ports.
Etisalat announced implementing a
fiber-to-the-home (FTTH) network in Abu Dhabi during the third quarter of 2009
to make the emirate the world's first city to have such a network.[92]
City planning
Waterfront park
View of the Beach Rotana
A public park
Abu Dhabi in the 1960s and 70s was planned
for a predicted topmost population of 600,000. Following the urban planning
ideals of the time period, the city has high-density tower blocks and wide
grid-pattern roads.[93] The population density is at its apex
on the most northerly part of the island. At this point, the main streets have
a large amount of 20- to 30-story towers. These towers are in a rectangular
pattern, and inside is an ordinary grid pattern of roads with low rise
buildings such as 2-story villas or 6-story low-rise buildings.
Due to this planning, a modern city with
tall offices, apartment buildings, broad boulevards, and busy shops is present.
Principal thoroughfares are the Corniche, Airport Road, Sheikh Zayed Street,
Hamdan Street, and Khalifa Street. Abu Dhabi is known in the region for its
greenery; the former desert strip today includes numerous parks and gardens.
The design of the inner city roads and main roads are quite organised. Starting
from the Corniche, all horizontal streets are oddly numbered, while all
vertical streets are evenly numbered. Thus, the Corniche is Street No. 1,
Khalifa Street is Street No. 3, Hamdan Street is Street No. 5, Electra Street
is Street No. 7, and so on. Conversely, Salam Street is Street No. 8.[94]
Mail is generally delivered to post-office
boxes only; however, there is door-to-door delivery for commercial
organisations. There are many parks throughout the city. Entrance is usually
free for children, however, there is often an entrance fee for adults. The
Corniche, the city's seaside promenade, is about 10 kilometres (6.2 mi) in
length, with gardens, playgrounds, and a BMX/skateboard ring.[95]
In 2007, the Abu Dhabi Urban Planning Council (UPC) was
established, which is the agency responsible for the future of Abu Dhabi's
urban environments and the expert authority behind the visionary Plan Abu Dhabi
2030 Urban Structure Framework Plan that was published in September 2007.[53] The UPC is also working on similar
plans for the regions of Al-Ain and Al-Gharbia.
Because of the rapid development of Abu
Dhabi, a number of challenges to the city's urban organisation have developed,
among them:
·
Today, the
city's population far surpasses the original estimated maximum population when
it was designed. This causes traffic congestion,
a shortage of car parking spaces, and overcrowding.
·
Although
there is an addressing system for the city, it is not widely used, causing
problems in describing building locations. Directions must often be given based
on nearby landmarks.
·
However,
there is a new naming system under the name of Onwani which is overhauling the
entire addressing system of the entire Abu Dhabi Emirate. Its phases have
already been implemented and are a success. The addressing system is up to
international standards.
Busy road in downtown Abu Dhabi.
Human rights
Main article: Human
rights in the UAE
Human rights organisations have heavily
criticised violations of human rights in Abu Dhabi. As with other parts of the
UAE, foreign workers are not given proper treatment[96] and many companies (both government and
private) have yet to improve working conditions.[97]
In 2025, Abu Dhabi was ranked as the safest
city in the world for the ninth year running by the statistical analysis
website Numbeo.[98]
Demographics
|
Historical population |
||
|
Year |
Pop. |
±% |
|
1960 |
25,000 |
— |
|
1965 |
50,000 |
+100.0% |
|
1969 |
46,400 |
−7.2% |
|
1975 |
127,763 |
+175.4% |
|
1980 |
243,257 |
+90.4% |
|
1985 |
283,361 |
+16.5% |
|
1995 |
398,695 |
+40.7% |
|
2003 |
552,000 |
+38.5% |
|
2009 |
896,751 |
+62.5% |
|
2013 |
921,000 |
+2.7% |
|
2014 |
1,205,963 |
+30.9% |
|
2018 |
1,807,000 |
+49.8% |
|
2023 |
3,800,000 |
+110.3% |
|
The
town of Abu Dhabi first conducted a census in 1968. All population figures in
this table prior to 1968 are estimates obtained from populstat.info. |
||
Abu Dhabi ranks as the 67th most expensive city in the world and the second-most
in the region behind Dubai.[102]
As of 2014, 477,000 of 2,650,000 people
living in the emirate were UAE nationals. Approximately 80% of the population
were expatriates.[103] The median age in the emirate was
about 30.1 years. The crude birth rate, as of 2005, was 13.6%, while the crude
death rate was about 2%.[104]
Article 7 of the UAE's Provisional
Constitution declares Islam the official state religion of the UAE.[105]
The majority of the inhabitants of Abu
Dhabi are migrant workers from Nepal, India, Pakistan, Russia, Ethiopia, Somalia, Bangladesh, Sri Lanka, the Philippines, China, Uganda, Vietnam, the United Kingdom, France, Italy, Tanzania and various countries from across the
Arab world. Some of these expatriates have been in the country for decades with
only a few of them awarded citizenship.[106] Consequently, English, Hindi-Urdu (Hindustani), Malayalam, Tamil, Telugu, Gujarati, Marathi, Tulu, Somali, Tigrinya, Amharic and Bengali are widely spoken.[107]
The native-born population are Arabic-speaking Arabs who are part of a clan-based society. The Al
Nahyan family, part of the al-Falah branch of the Bani Yas clan, rules the
emirate and has a central place in society.[108] There are also Arabs who are from
other parts of the Arab world.
Transportation
Air Traffic Control Tower of Zayed
International Airport
Terminal A at Zayed International Airport
(2024)
Rapidly developing transportation in Abu
Dhabi city is anchored by vast systems of highways connecting various islands
and suburbs together alongside expanding public and private transport options.[109]
Road
The main Abu Dhabi island is connected by
three vast highways with their own bridges, the oldest of which is Al Maqta
Bridge, built in 1968 as the first connection to the previously small fishing
village on the island,[110] now part of the E22 highway. The
second Mussafah Bridge was opened in 1977,[111] now part of the E20 highway that transforms
into Khaleej Al Arabi Street, and the third bridge was the Sheikh Zayed Bridge
opened in 2010, now part of the E10 highway and Sheikh Zayed Road, all of which
connect the entire island to the Corniche Road, the 8 km promenade and
beach at the tip of the island that overlooks the Persian Gulf.[29] As the city expands, new bridges and
roads have been constructed, or are currently under construction to link the
main island with Al Maryah Island, Al Reem Island, Saadiyat Island, and other previously undeveloped
islands.[109] For example, in 2023, Sheikh
Khaled bin Mohamed Al Nahyan inaugurated the Umm
Yifeenah Bridge, an 11 km highway connection between Al Reem Island
and Sheikh
Zayed bin Sultan Street.[112] This change, and many other, are a part
of Abu Dhabi's 2030 Urban Structure Framework Plan.[113]
Air
Zayed
International Airport (AUH) is the city's main aviation
hub and the second busiest airport in the UAE. Passenger numbers at Zayed
International Airport rose by 17.2 percent in 2015, with more than 23 million
travelers passing through its terminals during that year. A second runway and
new terminal was also built recently.[114] In July 2024, it was reported that the
airport launched the world's first-of-its-kind "Smart Travel" biometric.[115]
On 30 June 2019, the Department of
Community Development (DCD) in Abu Dhabi officially inaugurated a multi-faith
prayer room at Zayed International Airport. Located away from the main airport,
the prayer room aims at enhancing the country's "position as an
international hub for tolerance".[116]
Abu Dhabi City is additionally served by
the Al Bateen
Executive Airport, situated on the main Abu Dhabi island,
which was the old international airport for Abu Dhabi until AUH opened in 1982.
The airport underwent renovation and expansion in 2022 to accommodate
twin-aisle jets and resumed operation to private, business, and VIP traffic in
addition to hosting an Abu Dhabi Police search and rescue base.[117]
On December 5, 2024, Zayed International
Airport in Abu Dhabi (AUH) won the title of
"World's Most Beautiful Airport" at the Prix Versailles, a
prestigious award for architecture and design. The award recognised its
impressive architectural design in the Airports category. (WAM)[118]
Rail
Abu Dhabi City is connected to the second
phase of the Etihad Rail network,
completed in 2023, for freight operations across the seven emirates. Passenger
traffic has been confirmed and will allow for travel from Abu Dhabi city to
other emirates on the network, however no date on commencement of operation has
been set.[119]
Public transport
Public transport systems in Abu Dhabi
include public buses, taxis, ferries, and hydroplanes.[120] A massive expansion of public
transport is anticipated within the framework of the government's Surface
Transport Master Plan 2030.[121] The expansion was expected to see 130 km
(81 mi) of metro and
340 km (210 mi) of tramways and bus rapid transit (BRT) routes. The
city has nonetheless planned for further smart public transport options in
various areas within the city, such as Yas Island and Saadiyat Island, in
addition to expected rail service to other nearby cities.[122]
Abu Dhabi Bus Service
See also: Abu Dhabi Bus service
The first town bus entered service in about
1969 but this was all part of a very informal service. There are other
inter-city buses departing the Abu Dhabi central bus station; these inter-city
buses are not only intra-emirate buses, but also inter-emirate services. On 30
June 2008, the Department of Transport began public bus service in Abu Dhabi
with four routes.[123] There are also public buses serving
the airport. In an attempt to entice people to use the bus system, all routes
were zero-fare until
the end of 2008.[124] The four routes, which operate between
6 am and midnight every day, run at a frequency of 10 to 20 minutes.[124] Within the first week of service, the
bus network had seen high usage. Some of the buses, which have a maximum
capacity of 45 passengers, only had room for standing left. Some bus drivers
reported as many as 100 passengers on a bus at one time.[125] Due to the new, zero-fare bus service success, many taxi
drivers were losing business. Taxi drivers have seen a considerable decrease in
the demand for taxis while lines were forming for the buses.[126]
As of 2021, the Abu Dhabi public bus system
had completed 53.3 million passenger trips, with a fleet of 583 buses for the
city of Abu Dhabi.[127]
Public bus at a bus stop in Abu Dhabi
Smart Public Transportation
In 2022, Abu Dhabi launched autonomous
self-driving public transport options in Yas Island and Saadiyat Island. The route in Saadiyat Island stops at
cultural and tourist stops such as Louvre Abu Dhabi, NYU Abu Dhabi, and Sorbonne
University Abu Dhabi whereas the Yas Island route
focuses on the attractions in the island such as Ferrari
World Abu Dhabi. The expansion include autonomous trams
(Automated Rapid Transit or "ART"), taxis, and minibuses.[6][128]
During October 2023, the Integrated
Transport Centre (ITC) launched the ART Service on mainland Abu Dhabi as a
pilot phase as part of the Smart Mobility project. It spans approximately 27
kilometres from Reem Mall,
Al Reem Island, until Marina Mall, serving 25 stations in total.[129]
In 2025, WeRide and Uber announced the
launch of Level 4 fully driverless Robotaxi commercial operations. Public
commercial operations commenced on 26 November without a vehicle specialist
inside the AV, starting with Yas Island. This initiative is supported by Abu
Dhabi's Integrated
Transport Centre.[130]
Water transport
The Emirate has many ports. One is Port Zayed. The others are Musaffah Port and Khalifa Port, which opened in 2012.[131] They are owned by Abu Dhabi Ports Company and managed by Abu Dhabi Terminals.[132] Water transport includes water taxis
which can accommodate up to 12 passengers, and ferries which can carry up to
100 passengers on board. Water taxis can be hired for point-to-point travel
across the city's waterways, offering a convenient option for shorter trips,
and ferry transport system is a convenient and scenic way to travel between the
city's islands and mainland.[133]
In 2021, the number of passengers who used public
ferries reached 114,093.[127]
Toll Gates
Abu Dhabi introduced four toll gates in
2021 on all bridges (Sheikh Zayed Bridge,
Maqtaa Bridge, Mussafah Bridge, and Sheikh Khalifa Bridge) entering the main
Abu Dhabi island that only operate during peak hours, and by year-end had over
1.8 million registered cars in the system. Drivers must manually create an
account to add balance to their toll gate allowance. Crossing the toll gate
costs 4 AED.[127] Abu Dhabi's toll gate system, known
as Darb, is aimed at reducing traffic congestion and promoting smoother
traffic flow. Drivers must register their vehicles on the Darb app or
the official website. The system automatically deducts the toll charges from a
prepaid account.[134]
Flying Taxi Vertiport
Abu Dhabi's first flying taxi vertiport
will open at the Zayed Port Cruise Terminal by late 2025.[135] It will serve helicopters and eVTOLs,
offering direct access to Saadiyat Island, the Corniche, and the Louvre Abu
Dhabi.
Culture
See also: Cultural
Policy in Abu Dhabi
Abu Dhabi has a diverse and multicultural
society.[136] The city's cultural imprint as a
small, ethnically homogeneous pearling community was changed with the arrival of
other ethnic groups and
nationals—first by the Iranians in the early 1900s, and later by various
African, Asian, European, and Middle Eastern ethnicities in the 1950s and
1960s. Abu Dhabi has been criticised for perpetuating a class-based society,
where migrant
workers are in the lower classes, and suffer abuse which "is endemic
to the system".[137]
Major holidays in Abu Dhabi include Eid al Fitr which marks the end of Ramadan, Eid ul-Adha which marks the end of Hajj,
and National
Day (2 December) which marks the formation of the United
Arab Emirates.[138]
This unique socioeconomic
development in the Persian Gulf has meant that Abu Dhabi
is generally more tolerant than its neighbours, including Saudi Arabia.[139] Emiratis have been known for their
tolerance; Christian churches, Hindu temples, Sikh gurdwaras (with the first synagogue
commencing construction in 2020), and Buddhist temples can be found alongside mosques.
The cosmopolitan atmosphere is gradually growing; as a result, there are a
variety of African, Asian, European, Middle Eastern, and Western schools,
cultural centres, and themed restaurants.
Abu Dhabi is home to several cultural
institutions, including the Cultural
Foundation and the National Theater. The Cultural
Foundation, while closed for reconstruction as of spring 2011, is home to
the UAE Public
Library and Cultural Center.[140] Various cultural societies such as the
Abu Dhabi Classical Music Society have a strong and visible following in the
city. The recently launched Emirates Foundation offers
grants in support of the arts and to advance science and technology, education,
environmental protection, and social development. The International Prize for
Arabic Fiction (IPAF) will be based in Abu Dhabi. The city also stages hundreds
of conferences and exhibitions each year in its state-of-the-art venues,
including the Abu Dhabi
National Exhibition Centre (ADNEC), which is the Persian
Gulf's largest exhibition centre and welcomes around 1.8 million visitors
every year.[141]
The Red Bull
Air Race World Series has been a spectacular sporting
staple for the city for many years, bringing tens of thousands to the
waterfront.[142] Another major event is the Abu Dhabi
International Petroleum Exhibition and Conference (ADIPEC).[143]
The diversity of cuisine in Abu Dhabi reflects the cosmopolitan
nature of society. Arab food is trendy and is available everywhere in the city,
from the small shawarma to the upscale
restaurants in the city's many hotels. Fast food and South Asian cuisine are
also trendy and are widely available. The sale and consumption of pork, though
not illegal, is regulated and sold only to non-Muslims in designated areas.[144] Similarly, the sale of alcoholic beverages is regulated. A liquor permit
is required to purchase alcohol; however, alcohol is[further
explanation needed] available in bars and
restaurants within four or five stars hotels. Shisha and qahwa boutiques are also popular in Abu Dhabi.
Poetry in Abu Dhabi and the UAE is highly
regarded and often centres around satire, religion, family, chivalry, and love.
According to an article from an Abu Dhabi tourism page, sheikhs, teachers,
sailors, and princes make up a large bulk of the poets within the UAE. al-Khalil
ibn Ahmad al-Farahidi formed a unique form of poetry to
the UAE in the 8th century and was written in 16 metre. Another Emirati poet,
Ibn Daher, is from the 17th century. Daher is important because he used Nabati poetry (AKA Bedouin poetry), a type of
poetry written in the vernacular instead of classical/religious Arabic. Other
important poets from the UAE are Mubarak Al Oqaili (1880–1954), Salem bin Ali
al Owais (1887–1959), and Abdulla bin Sulayem (1905–1976). These poets made
headway in Classical Arabic poetry as opposed to the Nabati poetry of the 17th
century.[145]
Today in Abu Dhabi, a group called the Abu
Dhabi Cultural Foundation works to preserve the art and culture of the city.
According to an article from the English Pen Atlas, Al Jawaher wal la'li was
the first manuscript to come out of the UAE. According to another article, this
book was written in the 1990s and was banned in the city for some time for
making accusations about the ruling family.[146]
For cultural influences, Abu Dhabi, since
2010, has become one of the major shooting spots for many film companies,
including Hollywood.
Some of the most famous films featuring Abu Dhabi are: The Kingdom (2007), Arrambam (2013), Baby (2015),[147] Furious 7 (2015), Star Wars:
The Force Awakens (2015), Dishoom (2016), War Machine (2017), Tiger Zinda Hai (2017), Race 3 (2018), Saaho (2019), Six Underground (2019), The Misfits (2021), Dune (2021), Vikram
Vedha (2022), Crew (2024), Bade Miyan
Chote Miyan (2024) and War 2 (2025).
In 2024, the Madison
Square Garden Company confirmed that a second Sphere
venue, identical to the Sphere in Las Vegas would be built in Abu Dhabi.[148] The following year in 2025 it was
confirmed that Disney would build a
theme-park in Abu Dhabi called Disneyland Abu Dhabi.
It will be located on Yas Island.[149]
Education
Main article: Education in Abu Dhabi
New York
University Abu Dhabi campus on Saadiyat Island
Abu Dhabi is home to international and
local private schools and universities, including government-sponsored INSEAD, New York
University Abu Dhabi, Khalifa University, Higher
Colleges of Technology, Sorbonne University
Abu Dhabi, and Abu Dhabi University. New York University opened
a government-sponsored satellite campus in Abu Dhabi in September 2010.[150]
All schools in the emirate are under the
authority of the Abu Dhabi
Education Council. This organisation oversees and administers
public schools and licenses and inspects private schools. From 2009, the
council has brought over thousands of licensed teachers from native English
speaking countries to support their New School Model Program in government
schools.
Every year in the season of admissions, an
exhibition is launched in Abu Dhabi Exhibition Center under government
supervision.[151] Universities from every corner of the
world exhibit their career programs and scholarship programs. Heriot-Watt
University, University of Bolton, Cambridge University, Oxford University, the
Petroleum Institute, Khalifa University, and Abu Dhabi University attend.
In October 2019, Abu Dhabi announced the
world's first graduate-level AI research institution, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI).
It enables graduation for students, businesses and governments to advance artificial
intelligence. The university began accepting applications for
masters and PhD programmes a year before the classes, which are scheduled to
begin in September 2020.[152]
Sports
Abu Dhabi
Zayed Sports City Stadium
Abu Dhabi has a diverse and expanding
sporting culture underpinned by investments in sporting infrastructure and the
hosting of global sporting events. Liwa Motorsport and
traditional sports such as camel racing and equestrian sports have developed alongside popular
modern sports such as Jiu-jitsu and football.
Abu Dhabi follows the UAE's National Sport Strategy 2031 which aims to increase
general participation in sports and expand the types and frequency of sport
facilities available in the city.[153]
Zayed Sport City
Zayed Sport City (ZSC) is a large free zone complex
in the heart of Abu Dhabi city with a mixed-use of properties and sporting
facilities to encourage sport participation. ZSC offers practice facilities for
basketball, billiards, football, paintball, and a dedicated ice rink.[153] The complex is also home to the Zayed
Sports City Stadium, the largest in the UAE with a seating
capacity of 45,000 and is the headquarters of the Abu Dhabi Sports Council,
which is responsible for hosting events in the city and Mubadala Arena, the
home of the UAE Jiu Jitsu team.
Jiu Jitsu
Jiu Jitsu is a popular sport in the city
with a dedicated complex in the Mubadala Arena. It is a 'Soft Art' originated
from the ancient martial art of the Samurai in Japan several centuries ago and
it has been adopted by Brazil in the early 1900s. Jiu Jitsu does not include
punches or kicks, but it applies the techniques such as throws, control
positions and locks.[154] Abu Dhabi government's Abu Dhabi
Education Council (ADEC) maintains a comprehensive
after-school program for interested and talented jiujitsu students.[155] The Abu Dhabi Jiujitsu Schools Program
began in 2008 under the patronage of crown prince (now President) Mohammed
bin Zayed Al Nahyan, a keen Brazilian jiu-jitsu competitor.
The program launched in 14 schools for pupils in grades 6 and 7 and has since
expanded to 42 government schools, with 81 Brazilian coaches brought in as
instructors.[156]
9 to 13-year-old students are taught
Brazilian jiu-jitsu as part of the curriculum. The plan is for up to 500
schools to be participating in the school-Jitsu program by 2015. The project was
set up by special request of Sheikh Mohammad bin Zayed Al Nahyan to the head
coach of the Emirates jiu-jitsu team, Carlos
"Carlão" Santos, now also the managing director of
the School-Jitsu Project.[157]
Football
Football is the most popular sport in the
city and the city has four football stadiums, namely Al Jazeera Stadium, Al
Wahda Stadium, Sheikh Zayed Football Stadium (Zayed Sports City) and Hazza Stadium.[158] The city hosts the Al Jazira Club, Al Wahda FC, and Baniyas Club, all of which compete at the UAE Pro League. In addition to local tournaments, the
city has hosted international football events including five FIFA Club World Cup and
the 2019 AFC Asian Cup.[159]
Abu Dhabi Formula 1 Grand Prix
The city hosts the Abu Dhabi Grand Prix of Formula One, which has been held at the Yas Marina Circuit since
2009.[160] The race takes place late in the
Formula One season in November or December, and it is usually the last race of
the season. The Yas Marina Circuit is one of the most expensive racing tracks
built and regularly hosts various other local races and tours.[161] The circuit has also hosted other
events such as the V8 Supercars series
of Dubai.
Abu Dhabi Grand Slam
Abu Dhabi regularly hosts the International
Judo Federation Abu Dhabi grand slam. Engendering some
criticism, the International Judo Federation refused to allow the Israeli flag
and the Israeli national anthem at the international games in 2017. Some
referred to this action as anti-Semitic.[162][163] The ban on Israeli symbols was lifted
in 2018 and Israeli flag and the national anthem was allowed to be displayed.[164] Israeli minister of sports Miri Regev was also allowed to attend the event.[164]
Special Olympics World Games Abu Dhabi 2019
Main article: 2019
Special Olympics World Summer Games
In March 2019, Abu Dhabi hosted the first
Special Olympics World Games in the Middle East. The event took place from 14
to 21 March 2019 and featured more than 7,500 athletes participating in 24
sporting disciplines. The official World Games Flame of Hope was lit in Athens
and flown to Abu Dhabi, where it then embarked on the torch run, visiting all
seven emirates of the UAE.[165] It was the first time the Special
Olympics World Games were hosted in the Middle East and North Africa region,
with Abu Dhabi being the host city. More than 2,500 coaches and 20,000+
volunteers were available in the Olympics.[166]
Other sporting events
The city has hosted multiple international
cricket tournaments, such as the ICC Men's
T20 World Cup,[167] and tennis events such as the Mubadala
World Tennis Championship.It has also hosted many UFC events.
Sites and attractions
Abu Dhabi has many sites and attractions
that include the Sheikh Zayed Grand Mosque, Mariam Umm
Eisa Mosque, Emirates Palace, Qasr Al Watan, Six Flags Qiddya City Yas Marina Circuit, The Corniche,
Hayyatii Towers, Etihad Towers, Yas Marina, Yas
Waterworld Abu Dhabi, Ferrari
World Abu Dhabi, Louvre Abu Dhabi, Yas Island, Saadiyat Island, Warner
Bros. World Abu Dhabi, SeaWorld Abu Dhabi and
Jubail Mangrove Park.[168]
On 29 April 2022, Abu Dhabi announced a
100% capacity for commercial activities, tourist attractions and events in the
emirate.[169]
The Walt Disney Company announced on 7 May
2025 that it plans to build its seventh worldwide theme
park resort in Abu Dhabi on Yas Island.[170]