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Dubai Hit by Iranian Retaliation as Gulf Tensions Escalate

by Investor News Today
February 28, 2026
in Investing
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Dubai Hit by Iranian Retaliation as Gulf Tensions Escalate
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Following joint Israeli-US air strikes on Iran on Saturday morning, described by President Donald Trump as “main fight operations,” Iran launched retaliatory missile assaults focusing on a number of cities throughout the Gulf.

Authorities in Kuwait, Qatar, Bahrain and the United Arab Emirates, in addition to Jordan, mentioned their air defence programs intercepted incoming missiles.

In Dubai, 5 giant explosions had been heard late within the afternoon, in keeping with Reuters.

Footage circulating on social media seems to point out an affect at a five-star resort on Palm Jumeirah in Dubai following the Iranian ballistic missile assault.

A grocery store worker in Dubai’s Nshama City Sq. informed Reuters that some suppliers had warned they might not instantly restock sure items. “This isn’t regular,” the employee mentioned. “The water is already operating out.”

Dubai has emerged as a serious hub for CFD brokers in current occasions, due partially to sooner licensing approval occasions. XM, Exinity, VT Markets, Eightcap, EC Markets, Pepperstone, Taurex, and plenty of others have a Class 5 licence, which has similarities to an introducing dealer licence in another components of the world.

This text was written by Adonis Adoni at www.financemagnates.com.



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