Business from Saturday, August 29th, 2026
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UAE Central Bank orders urgent review of Banque Misr branches
The Central Bank of the UAE has issued an examination on Banque Misr branches in the country after US authorities reported a primary money laundering concern.
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US strikes deal to control 65 billion barrels of Venezuela's oil reserves
The US and Venezuela have agreed terms on a huge oil deal that could see Washington take control of more than 65 billion barrels Venezuela's oil reserves.
News
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UAE denies reports Al Minhad Air Base was targetedThe UAE Ministry of Defence has denied reports that Al Minhad Air Base was targeted by missiles.
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UAE and South Korea hold joint military exerciseUAE Land Forces have taken part in a military exercise in South Korea, alongside units of the Korean Army.
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UAE forces intercept drone over territorial watersThe UAE Armed Forces have dealt with a drone over the country's territorial waters that came from Iran, according to the Ministry of Defence.
