Semafor gulf

Gulf countries aren’t as rich or liquid as the gilded palaces suggest. They need Wall Street — and Wall Street needs them, a growing relationship that’s now top of mind for executives watching tensions simmer.

Preliminary US intelligence suggested that the strikes damaged three Iranian nuclear sites but left their underground facilities intact.

Semafor talks with Admiral James Stavridis, ex-NATO commander and now Carlyle vice chair, about investing after a ceasefire, assuming it holds.

The US bombing of Iran’s nuclear sites was Trump’s boldest foreign policy gamble yet, affirming his red lines and forcing Tehran to blink.

US President Donald Trump on Monday downplayed Tehran’s response, urging Iran and Israel to find a peaceful solution to the conflict.

People earning more than 42,000 Omani rials ($109,000) a year will be levied a 5% tax, starting in 2028.

A weekend story about summer travel plans after the US struck Iran captured what is preoccupying some expats.

Dubai’s financial district was unusually quiet in the aftermath of the US strikes on Iran, as Gulf countries urged restraint.

European and Gulf leaders urged diplomacy after the US targeted Iranian nuclear sites, while Tehran’s allies China and Russia criticized the strikes.

Any response from Iran would likely force the administration to commit further to the conflict.

Their remarks highlight the tricky balancing act Gulf nations face as they seek to maintain close ties with Washington amid heightened regional instability.

Dubai’s largest private developer is on a multibillion-dollar spending spree to develop artificial intelligence infrastructure, this time in Indonesia.