🇦🇪 THE UAE, IN CASE YOU MISSED IT
• US and Iran discuss a phased deal to reopen Hormuz and lift the American blockade
• Oil jumped after Thursday’s Houthi attack on Saudi Arabia, then eased Friday morning on hopes of US–Iran talks
• The UAE suspends flights operated by Iranian airlines to and from the country until further notice
• Etihad Rail’s Dubai–Abu Dhabi tickets briefly went on sale before disappearing from the booking platform
• Comparable new Dubai lease rents are around 15% below January levels, according to fäm Properties
• Dubai extends eligible customs-duty suspension periods to 180 days, giving traders more breathing room
• The UAE and Argentina open trade talks covering energy, AI and other sectors
• Microsoft plans more than $10 billion in regional investment, including the UAE, through 2030
• Abu Dhabi’s LODD has orders for over 330 pilotless cargo aircraft, with commercial trials planned for 2027
She’s clocking out 👋
Have a great weekend, everyone.