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UAE trade embargo could shut Iran's key economic escape route: Here's why

Al Jazeera

What is Iran's Pickaxe Mountain? UAE trade embargo could shut Iran's key economic escape route: Here's why The United Arab Emirates announced an indefinite trade embargo on Iran on Wednesday, accusing Iranian forces of firing two ballistic missiles at its territory. Iran denied launching missiles and described the reported attack as a "false flag operation" by Israel and the United States. The UAE's embargo has been described as highly significant by analysts, who say Iran is heavily reliant on its neighbour for critical imports and access to financial markets. "In many ways, the embargo being put on by the UAE is even more significant than the embargo being put on by the United States," Mark Kimmitt, a retired US general and former assistant secretary of state, told Al Jazeera, referring to US sanctions and the ongoing American naval blockade of Iranian ports. The recent developments come shortly after the June 17 memorandum of understanding (MoU) between the US and Iran lapsed on Monday, with little prospect of being renewed.


UAE fund weighs 6.3 billion AI data center investment in Japan

The Japan Times

UAE fund weighs $6.3 billion AI data center investment in Japan Abu Dhabi sovereign wealth fund Mubadala Investment is considering an investment that would see the construction of one of the largest data centers in Japan. The United Arab Emirates is considering investing as much as ¥1 trillion ($6.3 billion) to build an artificial intelligence data center in Japan, according to a person familiar with the matter. Abu Dhabi sovereign wealth fund Mubadala Investment would lead the funding of a 500-megawatt project in Akita Prefecture, which may include other foreign and domestic investors, the person said, asking not to be identified because the information isn't public. Once completed, it could become the largest data center in Japan. The talks with the Persian Gulf state underscore growing global interest in securing critical AI assets in countries viewed as relatively insulated from geopolitical tensions. A spokesperson for Mubadala declined to comment.


'Leicester Square, please guv': Self-driving taxis cleared for London streets 'later this summer'

The Guardian

'Leicester Square, please guv': Self-driving taxis cleared for London streets'later this summer' The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London allowing them to offer self-driving taxi rides to paying customers - but with a human safety driver in place, for now. The companies said they would start trips in the UK "later this summer" before the full public launch. The San Francisco-headquartered Uber and London-based Wayve are racing against the Google-owned Waymo and its Chinese equivalent Baidu's Apollo Go to launch self-driving taxi services in London. Their progress is being watched closely because the British capital will be one of the first cities in the world to have American and Chinese tech firms operating on the same roads. Uber and Wayve said more than 100,000 Londoners were on their waiting list for the self-driving taxis.


What is the UAE's Barakah nuclear plant, nearly hit by a drone?

Al Jazeera

Will Gulf states join war? What is the UAE's Barakah nuclear plant, nearly hit by a drone? A drone attack that caused a fire close to the Barakah Nuclear Energy Plant in the United Arab Emirates has raised further concerns about nuclear security and military escalation in the Gulf as discussions of peace between Iran and the United States hang in the balance. Barakah was the first nuclear power station to be built on the Arabian Peninsula. What is the Barakah Nuclear Energy Plant? Barakah is a nuclear energy plant located in Al Dhafra, the largest municipal region of the emirate of Abu Dhabi.


UAE reports drone strike near Abu Dhabi nuclear power plant

BBC News

The United Arab Emirates is investigating the source of a drone strike which triggered a fire near a nuclear power station, officials have said. The country's defence ministry said three drones had entered the UAE from the western border direction on Sunday. While two were intercepted, the third drone struck an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant in Abu Dhabi. No injuries were reported and there was no impact on radiological safety levels, local authorities said. The country's defence ministry said in a statement that investigations were under way to determine the source of the attacks.


Drone strike sparks fire on perimeter of UAE's Barakah nuclear power plant

Al Jazeera

Could the war trigger a hunger crisis? How well do you know Iran? Drone strike sparks fire on perimeter of UAE's Barakah nuclear power plant A drone strike has sparked a fire on the perimeter of the Barakah Nuclear Energy Plant in the United Arab Emirates (UAE), raising new concerns over a potential new regional escalation amid a fragile ceasefire between Iran and the United States. Authorities in Abu Dhabi said the blaze broke out at an electrical generator outside the plant's inner perimeter in the Al Dhafra region on Sunday. No injuries were reported, and officials said radiation levels remained normal.


US-Iran ceasefire under strain as Gulf states report drone attacks

Al Jazeera

How well do you know Iran? A fragile ceasefire in the US-Israel war on Iran is coming under growing strain as several Gulf countries have reported drone attacks. Qatar said on Sunday that a drone struck a cargo ship in Qatari waters, sparking a fire, while Kuwait and the United Arab Emirates said they repelled drone attacks. Qatar's Ministry of Defence said the freighter had been arriving in the country's waters from the UAE capital, Abu Dhabi, and was hit by a drone northeast of the port of Mesaieed. "The vessel continued its journey toward Mesaieed Port after the fire was brought under control," the ministry said. The United Kingdom Maritime Trade Operations (UKMTO) said a bulk carrier reported being struck by an "unknown projectile", and a small fire had been extinguished, but there were no casualties from the incident.