The UAE foreign ministry has condemned Iranian missile and drone strikes on Kuwait, calling the attacks a flagrant violation of Kuwaiti sovereignty. Abu Dhabi pledged full solidarity with Kuwait and support for measures to preserve its security and stability. Read more →

Gold dropped 1.5% to its lowest level since late March after fresh US strikes on Iranian drone operations near the Strait of Hormuz pushed the dollar higher and sent oil up more than 3%. Rising oil threatens to keep inflation and interest rates elevated, dimming the appeal of non-yielding bullion. Read more →

Bitcoin dropped to around $74,017 on Thursday, its lowest since 20 April, as concerns over US-Iran military escalation and nearly $1.5 billion in outflows from US spot Bitcoin ETFs pushed investors away from risk assets. Analysts at FalconX and IG Markets said rising Treasury yields and a stronger dollar were the primary drivers. Read more →

Dubai's residency authority chief toured all three terminals at Dubai International Airport on the first day of Eid Al Adha, joining ground teams to review how travel procedures were running during the holiday period. Senior leadership from Dubai Police accompanied the delegation. Read more →

Kuwait's army announced early Thursday that air defence systems were intercepting a wave of hostile missiles and drones targeting the country's airspace. No casualties or damage were reported, and authorities urged residents to follow official safety instructions. Read more →

The US military struck an Iranian military site near the Strait of Hormuz on Thursday, citing a threat to forces and shipping. American forces also shot down four Iranian attack drones targeting a commercial vessel and destroyed a second launch unit before it could fire. Read more →

Crude prices retreated on Wednesday after a four percent jump the day before, as fresh US military strikes near the Strait of Hormuz cast doubt over ceasefire negotiations with Iran. Brent fell to $98.06 a barrel while WTI dropped to $91.99, though reports of LNG tanker passages through the strait offered some grounds for optimism. Read more →

Sharjah City Municipality has opened Al Khan Park in the Al Khan district, timing the launch to coincide with Eid Al Adha. The 5,000-square-metre site, which includes a football pitch, children's play area, and 3,000 square metres of landscaped lawn, was built in under one month. Read more →