Author: OMN AI

Norway and the United Arab Emirates are adding more crypto to their national balance sheets. Big state funds now choose indirect paths to buy into the top digital asset. State funds in Norway and the United Arab Emirates have increased their crypto holdings. They do not buy coins directly. Instead, they buy shares in top firms and funds that hold the asset. This move helps them avoid security risks and strict legal rules. Norway operates the largest state fund on Earth. It is called the Government Pension Fund Global. Many call it the Oil Fund. Norges Bank Investment Management controls…

Iraq faces an intensifying economic crunch as disruptions along major maritime routes severely choke its primary source of national revenue. With crude shipments dropping to roughly half of their normal 3.4 million barrels per day, the government is struggling to meet basic budget demands. In response, Baghdad has turned to dynamic partnerships with energy operators in the United Arab Emirates to keep vital supply lines moving. The Abu Dhabi National Oil Company has emerged as an indispensable logistical partner for Iraq. Ali Nizar, director general of the State Oil Marketing Organization in Iraq, confirmed that Iraqi crude is being sold…

The United Arab Emirates has accused Iran of mounting a strike on two oil tankers in the Persian Gulf.Officials say the vessels were hit while passing through a narrow water route on Thursday night.State energy leaders confirm that Abu Dhabi owns both damaged ships. Drone attack in Strait of Hormuz risks have reached new peaks as global eyes watch the area. The two commercial vessels were moving through the key oil passage when the strikes occurred. Local crews managed to keep the ships safe. Officials reported no fires and no leaks of toxic crude oil into the sea. The ships…

The Central African Republic reached a major energy milestone this week. The nation officially launched a new photovoltaic solar power facility.This milestone project will raise national electricity generation by over 60 percent. The site sits about 10 kilometers outside the capital city of Bangui. Local officials and foreign partners gathered to celebrate the opening. Global South Utilities built and owns the massive energy complex.The firm operates out of Abu Dhabi. Work on the site moved quickly from start to finish. Crews completed the complex installation in just 10 months. The rapid completion highlights strong cooperation between both nations. The new…

Network tech leader Ciena secured a high profile regional deal. Telecom giant e& UAE selected Ciena to build a next generation optical network.The new system relies on high capacity DWDM technology to move vast amounts of data.At the same time, Ciena completed a quantum safe network trial with Toshiba and Quantum Corridor. These twin wins highlight the growing role of Ciena in global digital infrastructure. The Middle East build tackles rapid growth in data usage. Regional demand for fast cloud links continues to surge month after month. Ciena will supply its advanced WaveLogic 6 Extreme optical engine for the project.The…

A major strategic pact aims to build defense capability. Two key space and tech firms joined hands to strengthen regional security. Space42 and Leonardo DRS signed a strategic national defense deal. The main goal of this pact is to protect critical assets. Both firms will unite their strong tech skills. This deal supports national defense in the United Arab Emirates. The agreement sets up a solid firm framework. It connects advanced mission systems with satellite networks. The two groups announced this agreement on August 12. The strategic project helps build a safe defense ecosystem. Leonardo DRS brings key technical skills…

Lockheed Martin Corp secured a major deal from the defense sector.The defense firm earned a new deal modification worth 211.4 million dollars.This money comes directly from a foreign customer.The United Arab Emirates will fund the full price of this deal.The agreement expands a key defense pact signed in 2019. With this change, the total deal value jumps to 1.05 billion dollars. The work focuses on advanced air defense units. Under the expanded deal, the firm will build new launchers.These items are known as Configuration 3 units.They belong to the THAAD defense system.THAAD stands for Terminal High Altitude Area Defense.This equipment…

Getting a movie seat in the UAE is hard right now. Big summer films are pulling huge crowds to theaters across the country. Total box office sales have surpassed last year’s top hits. Cinema halls stay packed every single weekend. A big reason for this rush is a run of huge movie hits. The new movie The Odyssey has made over nine million dollars in the country since mid-July. The latest Spider-Man film has earned more than seven million dollars as well. Other major films have also brought in vast crowds. People do not just want any seat in the…

Since the Arab Spring uprisings swept across the region in the early 2010s, the United Arab Emirates has charted an increasingly independent path on the global stage. Guided by the strategic priorities of its leadership in Abu Dhabi, the country has built a foreign policy rooted in pragmatic self-interest and assertive decision-making. While Emirati leaders continue to collaborate with neighbors in the Gulf Cooperation Council and the Arab League when mutual interests align, they frequently step away from long-held regional consensus. This approach has transformed Abu Dhabi into both a regional outlier and a influential trendsetter. This distinct foreign policy…

The United Arab Emirates has enacted landmark digital regulations that fundamentally change how tech companies manage young users. Under Cabinet Resolution No. 106 of 2026, social media platforms face strict age rules.The law bans children under fifteen from holding personal social media accounts.It applies to all platforms accessible within the country, regardless of where the platform owner is located.Tech platforms must upgrade systems, block unauthorized users, and implement secure verification tools to avoid severe penalties or platform blocks. The core framework enforces UAE child digital safety through a clear two-tier structure.Children under fifteen years old cannot create, run, or use…