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Keywords: Dubai


Dubai gold trades at rare discount as war disrupts global bullion flows

Gold is trading at an unusual discount in Dubai, one of the world’s most important hubs for physical bullion trade, as conflict involving the United States, Israel, and Iran disrupts transport routes and breaks the supply chains linking the precious metal to global markets. Traders in Dubai are......

Wall Street banks offer UAE staff temporary relocation amid Iran conflict

Several major Wall Street banks have offered employees in the United Arab Emirates the option of temporarily relocating as missile and drone attacks linked to the conflict involving Iran continue to affect the Gulf region. Goldman Sachs, Morgan Stanley and Citigroup have informed staff in the UAE that......

UAE hit by new drone and missile strikes despite Iranian apologies

The United Arab Emirates (UAE) faced new drone and missile attacks on Saturday, causing a brief suspension of operations at Dubai International Airport, despite apologies from Iranian President Massoud Pezeshkian to neighboring countries. The strikes targeted Saudi Arabia, Kuwait, Qatar, and the UAE,......

UAE central bank reassures markets as Iranian strikes rattle region

The Central Bank of the United Arab Emirates sought to reassure investors as tensions escalated in the Gulf, with Governor Khaled Mohamed Balama stating that the country’s financial system remains resilient despite Iranian missile and drone strikes. In an official statement, Balama said the UAE’s......

UAE president walks through Dubai Mall during Iranian strikes

President Sheikh Mohamed bin Zayed Al Nahyan toured Dubai Mall on Monday evening alongside Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, greeting shoppers and dining in public as Iranian missiles and drones targeted the United Arab Emirates. Dubai’s Media Office confirmed......

Global finance braces for mounting Iran crisis risks

Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United......

Black smoke over Dubai as Iranian strikes ignite fires at Jebel Ali and Palm Jumeirah

Fresh satellite images show thick black smoke rising over Dubai after Iranian missile and drone strikes triggered fires at Jebel Ali port and on the Palm Jumeirah, driving home how the widening conflict has reached the heart of the United Arab Emirates’ commercial hub. Pictures taken on March 1......

US strikes on Iran spark severe flight chaos across Middle East

Coordinated US and Israeli strikes on Iran have thrown global air travel into disarray, with key Middle Eastern hubs shutting down or operating under tight restrictions as regional airspace remains partly closed. The closures have disrupted one of the world’s main corridors linking Europe, Asia,......

Four injured after incident at Dubai International Airport

Four people were injured following an incident at Dubai International Airport on Saturday evening, according to a statement from the Dubai media office. The event occurred amid heightened regional tensions as Iran continued strikes on U.S. military bases across the Gulf. Dubai Airports confirmed that......

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