In recent years, the UAE has become a popular place to store high-value assets, including gold, but the status of "safe haven" came under pressure after the ongoing conflict in the Middle East for more than two months, <a href="https://www.bloomberg.com/news/articles/2026-04-29/singapore-is-pulling-in-dubai-gold-as-middle-east-war-drags-on?embedded-checkout=true">notes</a> Bloomberg. Against this backdrop, gold imports to Singapore from Dubai in March reached a five-year high.

Wealthy investors are moving gold out of Dubai. Who benefits?

Astana and Baghdad deny the possibility of changing course and leaving the oil cartel

From Kazakhstan to Venezuela: which OPEC+ countries may leave the alliance after the UAE?

Housing prices in Dubai have<a href="https://oninvest.com/article/ceny-na-zil-e-v-dubae-snizilis-na-fone-vojny-vpervye-s-2020-goda"> gone down</a> for the first time since 2020. Bloomberg<a href="https://www.bloomberg.com/news/articles/2026-04-23/dubai-home-prices-post-first-declines-after-post-pandemic-boom"> attributes the</a> March drawdown to the pressure of the war on demand, but bank reports show that the market began to lose momentum even before the conflict. UBS points to a decline in new construction contracts, primarily due to the risk of oversupply in Dubai.<b> Bank of </b>America (BofA) against this background revised its forecasts for UAE banks: analysts expect weaker loan growth and higher risk costs.

What is happening in Dubai's real estate market and how does it affect UAE banks?

Microsoft Corporation

Alphabet Inc.

Meta Platforms, Inc.

Amazon.com, Inc.

Seagate Technology Holdings plc

NXP Semiconductors N.V.

Visa Inc.

Starbucks Corporation

Bloom Energy Corporation

Robinhood Markets, Inc.

NVIDIA Corporation

Advanced Micro Devices, Inc.

The Coca-Cola Company

General Motors Company

Spotify Technology S.A.

United Parcel Service, Inc.

Corning Incorporated

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Capital Markets Research, Freedom Broker.

Morning in New York: Fed rate hike and megacaps

The withdrawal of the third largest oil producer in the group from OPEC could weaken the cartel's influence and increase volatility amid the geopolitical crisis, analysts warned, commenting on the UAE's decision to <a href="https://oninvest.com/article/arabskie-emiraty-vyhodat-iz-opek-i-opek">withdraw</a> from OPEC. This step, experts warn, threatens long-term consequences for the oil market and the organization itself. The Arab Emirates is going to withdraw from OPEC on Ma 1.

"The cartel has lost its former influence": what does the Arab Emirates' exit from OPEC mean?

On May 1, the UAE will leave OPEC, the association of oil-exporting countries, after almost 60 years of cooperation. The Emirates joined the organization in 1967. Before the Iran war, the UAE was OPEC's third-largest producer, accounting for about 12% of the group's total output. The country will also leave OPEC+, an association that also includes a number of major oil producers including Russia, Kazakhstan and Azerbaijan. Sergey Pigarev, senior analyst at Freedom Finance Global, wrote for Oninvest about what this decision means for the oil market.

The UAE will leave OPEC and OPEC+ as of Ma 1. Who will be the winners and who will be the losers

The United Arab Emirates (UAE) announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC and OPEC+), Reuters <a href="https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/">writes,</a> pointing out that such a move would be a serious blow to the group and its de facto leader - Saudi Arabia - amid the ongoing war in the Middle East. As of February 2026, the UAE was OPEC's third-largest oil producer after Saudi Arabia and Iraq, CNBC <a href="https://www.cnbc.com/2026/04/28/uae-opec-oil-iran.html">specifies</a>.

Arab Emirates withdraws from OPEC and OPEC+

Foreign investors and wealthy expats have helped Dubai's real estate market become one of the most sought-after in the world. But now, amid the ongoing war in the Middle East, which has put pressure on demand, housing prices in the emirate - for the first time since the 2020 pandemic - have fallen, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-04-23/dubai-home-prices-post-first-declines-after-post-pandemic-boom">writes</a>, citing data from Dubai-based consulting and research firm ValuStrat.

Dubai home prices fall amid war - first time since 2020

Eli Lilly and Company

The U.S. Navy <a href="https://oninvest.com/article/ssa-zahvatili-sudno-pod-iranskim-flagom-pri-popytke-prorvat-blokadu-tramp">fired on an</a> Iranian ship in the Gulf of Oman and took control of it after an attempt to break the sea blockade. Against this background, oil <a href="https://oninvest.com/article/gaz-v-evrope-podorozal-na-10-brent-na-7-posle-eskalacii-v-ormuzskom-prolive">rose</a> sharply in <a href="https://oninvest.com/article/gaz-v-evrope-podorozal-na-10-brent-na-7-posle-eskalacii-v-ormuzskom-prolive">price</a>. The UAE began to discuss with Washington financial support in case the situation worsens due to the conflict with Iran. These and other topics - in our review of key events by the morning of April 20.

Highlights for the morning: UAE to ask for help, US intercepts Iranian ship, oil surges

The war with Iran has threatened the UAE's image as one of the safest financial centers in the world. Local authorities have so far <a href="https://economictimes.indiatimes.com/nri/invest/no-capital-flight-from-the-uae-only-risk-recalibration-badr-jafar/articleshow/129760839.cms?utm_source=chatgpt.com&amp;from=mdr">characterized</a> investors' behavior as "cautious" and asked not to confuse "short-term disruptions with structural weakness". Alexey Myagchenkov, partner at PGP Tax&amp;Legal, writes in his column for Oninvest about the current mood among investors with Russian roots in the UAE and what jurisdictions they are studying in case the situation worsens.

From Astana to Mauritius: five financial havens for business "relocation" from the UAE

The Emirates, which has been subjected to Iran's most aggressive attacks since the war began, could become a direct participant in the fighting 

UAE ready to participate in forceful liberation of Strait of Hormuz - WSJ

Emaar Properties PJSC

Several luxury developers from the UAE had to reassure investors after some of the developers' bonds fell into the zone of bad debts amid the conflict with Iran, Bloomberg has <a href="https://www.bloomberg.com/news/articles/2026-03-26/uae-developers-rush-to-reassure-investors-wary-of-iran-war-risk">learned</a>. According to the pessimistic scenarios of the companies, the drop in sales may amount to 20-30%, but they assure that even in this case they will survive.