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- Dubai Property Inquiries Rise & Trump Was Privately Pressed by Media Mogul for Iran War
Dubai Property Inquiries Rise & Trump Was Privately Pressed by Media Mogul for Iran War
Tuesday, March 24, 2026
Happy Tuesday everyone!
In the Middle East, geopolitical tensions remain front-and-centre as Bloomberg reveals how Israeli PM Netanyahu and media mogul Rupert Murdoch privately lobbied President Trump to enter the Iran conflict. Trump's own advisers—Vance, Rubio, and Wiles—harboured doubts but offered little resistance. Meanwhile, closer to home, Dubai's property market shows surprising resilience with buyer enquiries surging 38% week-on-week. Driven by UAE-based buyers and long-term investors, the rebound signals a maturing market prioritizing sustainable value over quick returns. Both stories underscore confidence amid uncertainty—geopolitical pressure on one front, economic optimism on another. Here's what you need to know.
In the wake of developments in the region, we hope everyone stays safe. At this critical moment, it is essential to remain united and follow guidance issued by official authorities from your country.
Markets
EGX30 | 47,611.96 | 3.38% |
DFMGI | 5,383.02 | 3.00% |
ADX | 9,423.02 | 1.547% |
Tadawul | 10,946.26 | 0.55% |
Dubai Property Market Rebounds As Buyer Enquiries Surge 38% Week On Week
What Is It About?
Dubai’s property market has regained momentum, with buyer enquiries rising 38% week-on-week, according to Betterhomes. Activity continues across key communities, largely driven by UAE-based buyers and long-term investors, even as participants adopt a more cautious and deliberate approach to transactions.
Why it Matters?
The increase signals sustained underlying demand despite recent softness. Rising search traffic and stable supply levels suggest the market is not slowing, but maturing, with buyers prioritising long-term value over quick gains—reinforcing confidence in Dubai’s property sector resilience.
What’s Next?
The market is expected to remain active but measured, as buyers and sellers take more time to evaluate options. Continued steady demand and balanced supply could support stability, with long-term investors likely to remain the key drivers in the near term.
Binance Scores Second US Legal Victory in Anti-Terrorism Act Case
Binance, the world’s largest cryptocurrency exchange, has secured a second major U.S. legal win in just two weeks, after a federal court in Alabama dismissed all claims against the company under the Anti-Terrorism Act. The court criticized the plaintiffs’ complaint as a “shotgun pleading,” citing its failure to clearly outline allegations or distinguish individual liability, and granted the plaintiffs until April 10, 2026, to amend the filing or risk dismissal.
This follows a similar victory in New York, reinforcing Binance’s defense against allegations of supporting terrorism. General Counsel Eleanor Hughes emphasized that the rulings reflect the need for legal rigour and evidence, and reiterated Binance’s commitment to compliance, transparency, and lawful operations. With these back-to-back wins, Binance strengthens its readiness to vigorously defend itself against unfounded claims.
Trump Privately Pressed By Netanyahu And Rupert Murdoch To Strike Iran, Bloomberg Reports
What Is It About?
Bloomberg reports that President Trump faced private pressure from Israeli Prime Minister Benjamin Netanyahu and media mogul Rupert Murdoch to enter a war with Iran. Trump's senior advisers—Vice President Vance, Secretary of State Rubio, and White House Chief Wiles—expressed reservations but rarely voiced direct opposition to the president's decision.
Why It Matters?
The revelation exposes how external political and media figures influence major military decisions in Trump's second term. Murdoch's News Corp outlets immediately amplified pro-war messaging, demonstrating the intersection of personal influence, media power, and foreign policy decisions that could affect global stability.
What’s Next?
The State Department has disputed Bloomberg's account, but multiple administration resignations suggest credibility to the report. Congress may demand accountability and transparency regarding how outside pressure shaped America's entry into war with Iran.
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👨💻From Smashi Business’ Desk
UAE is spending nearly $1 million to intercept one Iranian missile or drone
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CEO Mudassir Sheikha says the company’s top priority is the “safety of our captains”
Khalaf Al Habtoor: “Dubai Remains One of the Safest Destinations on Earth”
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🔍In other news…
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France Pledges to Double Humanitarian Aid to Lebanon
US approves $7 billion more in weapons for UAE, WSJ reports
FIFA Clears Israeli Settlement Clubs, Fines Israel FA Over Discrimination Breaches
🦄 World of Startups
Stake Raises $31M Series B Led by Emirates NBD, Total Funding Hits $58M
US-based Luma AI is planting its flag in Riyadh — opening a regional headquater
Singapore's Ascentium continues its aggressive expansion, acquiring UAE legaltech pioneer Clara in a strategic Middle East play
Abu Dhabi is quietly becoming one of the most influential financiers of the global AI race, with its latest participation in Anthropic’s massive $30B funding round
Safqah Capital has just closed one of Saudi Arabia’s largest-ever seed rounds, raising $15.2 million in a deal that was four times oversubscribed
🗓️ Plan Your Events (March-April 2026)
UAE
31 March - 2 April (Tuesday-Thursday): Arab Media Summit, Dubai.
26-28 March (Thursday-Saturday): Social Capital Conference, Dubai.
7-9 April (Tuesday-Thursday): Future Health Summit, Adnec Center Abu Dhabi.
13-15 April (Monday-Wednesday): AIM Congress, Dubai World Trade Center.
14-16 April: (Tuesday-Thursday): the International Property Show, Dubai World Trade Center.
Saudi Arabia
13-16 April (Monday-Thursday): Leap Tech Conference, Riyadh Exhibition & Convention Center - Malham.
20-22 April (Monday-Wednesday): Sports Investment Forum (SIF), Riyadh
Egypt
30 March – 1 April (Monday-Wednesday): Egypt International Energy Conference and Exhibition (EGYPES).
