Missile interceptors made by the South Korean firm LIG Nex1 are said to be performing well, at a small fraction of the cost of U.S. interceptors.
Category: United Arab Emirates
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Cheap Drones Remain Wild Card in Iran war
Stopping Iran’s production of drones is critical to opening the Strait of Hormuz and halting its attacks on Gulf nations. But can it be done?
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Investors Question Whether Quick Peace in Iran Is Possible
Global markets are under pressure again amid doubts that the fighting in the Middle East can end anytime soon.
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In Dubai, the World’s Luxury Brands Face a Wartime Crisis
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
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In Dubai, the World’s Luxury Brands Face a Wartime Crisis
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
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Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem
Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down.
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U.S. Tech Giants Flocked to the Persian Gulf. Now They Are Targets.
Amazon, Google and others struck deals in the Persian Gulf to foot the bill for A.I. development. Iran has now threatened attacks against the companies’ infrastructure in the region.
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For China, Billions of Dollars Are at Risk From a Widening War
The country found a home in the Middle East for its investments and growing markets for steel, electric vehicles and solar panels. Those are now at stake.
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Democratic lawmakers ask for an investigation of the Middle East envoy Steve Witkoff.
The request by a group of Congress members cites reporting by The Times and echoes a similar request by Democratic senators in September.
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Democratic lawmakers ask for an investigation of the Middle East envoy Steve Witkoff.
The request by a group of Congress members cites reporting by The Times and echoes a similar request by Democratic senators in September.
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
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What Would It Cost to Rebuild Gaza?
A fragile cease-fire between Israel and Hamas is stoking hopes for a surge in investment in the region, and the Middle East more broadly.