Dubai
Dubai International Airport resumes ‘limited’ flights after drone attack
TOPSHOT – A smoke plume rises from an ongoing fire at Dubai International Airport in Dubai on March 16, 2026. Flights were gradually resuming at Dubai airport on March 16, previously the world’s busiest for international flights, the airport operator said, after a “drone-related incident” sparked a fuel tank fire nearby, as Iran kept up […]
Read MoreMany Dubai expats fled as the war in the Middle East escalated. Those that stayed say life is ‘functioning but tense’
Tension hangs over Dubai. Social occasions and day-to-day activities are being interrupted by evacuation alerts and flashes in the sky as air defenses intercept drones, but much of life continues as normal, residents told CNBC. Iran has launched drones and missiles towards neighbouring countries in the Middle East following U.S.-Israeli strikes against it that began […]
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Amid Middle East conflict and new tax incentives, more family offices look to Hong Kong
Hong Kong’s Victoria Harbour. Yaorusheng | Moment | Getty Images As the Iran war rocks Dubai’s safe-haven image, Hong Kong’s expanding tax incentives for family offices may attract wealthy individuals reconsidering their Middle East exposure, lawyers and consultants told Inside Wealth. “We’re seeing a lot more interest in Hong Kong. This interest, especially in the […]
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Iranian projectiles continue to strike Gulf countries’ infrastructure
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 […]
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United Airlines CEO: Fuel spike will hit results, but travel demand hasn’t taken ‘even a tiny step back’
Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty Images BOSTON — United Airlines CEO Scott Kirby said the spike in fuel prices since the U.S. and Israel attacked Iran on Saturday will have […]
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Dubai real estate magnate: There could be a property cooldown, but I don’t see it
Dubai’s property market could see a “cooldown,” one of the UAE’s largest developers has said, as he insisted “smart capital” would keep investing despite Iranian missile strikes. Mohamed Alabbar, founder of Emaar Properties, the company behind the Burj Khalifa skyscraper, told CNBC’s Dan Murphy that “there could be a bit of a cooldown, but I […]
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UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ
The Damac Heights real estate development, right, in the Dubai Marina in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images The United Arab Emirates is considering cutting off Iranian access to billions of dollars held in the Gulf state, the Wall Street Journal reported Thursday. The move could […]
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Dubai scrambles to save its reputation as a haven for the rich amid U.S.-Iran war
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. The Iran war has shaken Dubai’s status as a global wealth hub, as legions of expatriates scramble to escape and family […]
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