France, Provence-Alpes-Cote d’Azur, French Riviera, Alpes-Maritimes, Principality of Monaco. Marco Bottigelli | Moment | Getty Images A million dollars isn’t what it used to be — especially in luxury real estate. According to the new Knight Frank Wealth Report, $1 million buys you only 16 square meters (or about 172 square feet) in Monaco, the…
City workers in the Business Bay financial district of Dubai, United Arab Emirates, on Wednesday, March 4, 2026. Walaa Alshaer| Bloomberg | Getty Images The U.K. government is trying to turn geopolitical upheaval into an opportunity, encouraging thousands of Britons to reconsider life in Dubai, as war in the region threatens the city’s reputation as…
Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. BEIJING — At least three Chinese robotaxi companies are pressing ahead with expansion plans in the Middle East despite the ongoing Iran war. Ride-hailing company Didi plans to begin its first overseas robotaxi test in the United Arab Emirates…
Jaque Silva | Nurphoto | Getty Images The office of U.S. tech giant Oracle in Dubai was damaged by falling debris, the city’s media office said on Sunday, as Iran continued to fire projectiles at targets around the Middle East in retaliation against U.S. and Israeli strikes. “Authorities confirm that they responded to a minor…
A Gulfstream G-IV private jet on approach to Washington’s Reagan National Airport in Arlington, Virginia, June 12, 2024. J. David Ake | Getty Images As the Iran war pushes jet fuel prices higher, well-heeled travelers are facing hefty surcharges to fly private, sometimes on flights booked months prior, charter brokers and aviation insiders told CNBC….
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Major luxury stocks have fallen 15% or more since the Iran war started, and sales in the increasingly important Middle East market could…
A smoke plume rises from an ongoing fire near Dubai International Airport in Dubai on March 16, 2026. – | Afp | Getty Images The United Arab Emirates reopened its airspace on Tuesday after a brief shutdown, as Iran continued missile and drone attacks in a conflict with the U.S. and Israel now in its…
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. Benoit Tessier | Reuters Brent crude oil, the global benchmark, held above $100 on Friday morning as the U.S.-Iran war heads toward its third…
March 8, 2026: 23 Marina building damaged by drone Debris in Dubai’s Marina Emma Graham, CNBC Gulf states reported more damage to infrastructure over the weekend as Iran continues to attack regional allies in retaliation for ongoing strikes by U.S. and Israeli forces. The United Arab Emirates said it was “dealing with incoming missile and…
Zoey Gong, a Chinese medicine food therapist, was days away from boarding an Emirates flight from Paris to Shanghai via Dubai, United Arab Emirates, when the U.S. and Israel attacked Iran last Saturday. Gong, 30, had her flight plans derailed as a result, and she told CNBC that she had to pay $1,600 to get…
