Hub

Why UAE Is Becoming the Global Hub for Entrepreneurs and Investors

In recent years, the United Arab Emirates (UAE) has transformed itself into one of the most attractive destinations for entrepreneurs, startups, and international investors. What used to be primarily known as an oil-driven economy has now evolved into a diversified, innovation-focused business hub with strong global connections.

For anyone considering international expansion, relocation, or asset structuring, the UAE offers a combination of strategic advantages that are difficult to match elsewhere. From tax optimization to ease of doing business, the country continues to attract companies from Europe, Asia, and beyond.

Strategic Location and Global Connectivity

One of the key reasons why the UAE stands out is its geographic position. Located between Europe, Asia, and Africa, it serves as a natural gateway for international trade. Major cities like Dubai and Abu Dhabi are well connected through world-class airports and seaports, making logistics and operations significantly more efficient.

This strategic positioning allows businesses to operate across multiple markets with minimal friction. Whether you’re running an e-commerce operation, a consulting firm, or a trading company, the UAE provides access to billions of consumers within a few hours’ flight.

Business-Friendly Environment

The UAE government has made significant efforts to create a pro-business environment. Over the past decade, regulations have been simplified, and bureaucratic barriers have been reduced.

Some of the key advantages include:

  • Fast company registration processes
  • Minimal reporting requirements compared to many Western jurisdictions
  • Strong legal framework protecting investors
  • Access to free zones with tailored business benefits

Entrepreneurs who previously struggled with complex regulatory systems in their home countries often find the UAE refreshingly straightforward.

If you’re exploring international expansion, understanding the process of company formation in uae is one of the first steps to unlocking these advantages.

Tax Efficiency and Financial Benefits

One of the most compelling reasons businesses move to the UAE is its tax structure. While global tax regulations are evolving, the UAE still offers highly competitive conditions:

  • 0% personal income tax
  • Competitive corporate tax rates
  • No capital gains tax in many cases
  • No withholding taxes

For founders and business owners, this translates into significantly higher retained earnings and better capital allocation.

However, it’s important to approach this strategically. Many entrepreneurs make the mistake of focusing only on “zero tax” narratives without understanding compliance requirements, substance rules, and international reporting obligations. Poor structuring can eliminate all the benefits you’re aiming for.

Free Zones vs Mainland: What Actually Matters

A common misconception is that choosing between free zones and mainland structures is just a formality. In reality, this decision has long-term consequences for your operations.

Free zones offer:

  • 100% foreign ownership
  • Simplified setup
  • Industry-specific ecosystems

Mainland companies provide:

  • Access to the local UAE market
  • Fewer restrictions on business activities
  • More flexibility in scaling

The right choice depends entirely on your business model. If you’re running a digital business or international service company, a free zone might be sufficient. But if you plan to operate locally or work with government contracts, mainland becomes necessary.

Most founders underestimate this decision and later face restructuring costs. That’s avoidable if the setup is done correctly from the beginning.

Reputation and Credibility

Beyond operational and tax benefits, the UAE also provides a strong reputational advantage. Having a company registered in Dubai or Abu Dhabi often enhances credibility when dealing with international partners.

Clients and investors tend to view UAE-based companies as more stable and globally oriented compared to entities registered in offshore or less regulated jurisdictions.

This matters especially in industries like:

  • Finance and consulting
  • E-commerce and trading
  • IT and digital services

A well-structured UAE company can significantly improve your positioning in competitive markets.

Banking and Financial Infrastructure

Opening a corporate bank account has become more complex globally, and the UAE is no exception. However, compared to many jurisdictions, it still offers relatively accessible banking solutions—if your structure and documentation are prepared correctly.

Key considerations include:

  • Clear business activity
  • Transparent ownership structure
  • Proof of business operations
  • Compliance with AML requirements

Many entrepreneurs fail at this stage not because the system is broken, but because they approach it unprepared. Proper planning significantly increases approval chances.

Scaling Opportunities

The UAE is not just a place to register a company—it’s a platform for scaling.

The country actively supports:

  • Startups and innovation hubs
  • Venture capital and investment funds
  • Tech and digital transformation initiatives

Dubai, in particular, has become a hotspot for founders building global products. Access to capital, talent, and infrastructure creates an environment where scaling is not just possible—it’s expected.

However, there’s a blind spot many entrepreneurs have: they move to the UAE expecting growth to happen automatically. It doesn’t. The environment amplifies good strategies, but it also exposes weak ones.

If your business model is flawed, the UAE won’t fix it—it will just make the problems more expensive.

Cost Considerations

While the UAE offers numerous advantages, it’s not a “cheap” jurisdiction.

Typical costs include:

  • Company registration fees
  • License renewals
  • Office requirements (depending on structure)
  • Visa costs

This is where many people miscalculate. They focus on tax savings but ignore operational expenses. The result? A setup that looks good on paper but doesn’t make financial sense.

The correct approach is to evaluate total cost vs. total benefit—not just taxes.

Long-Term Perspective

The biggest mistake entrepreneurs make when entering the UAE is treating it as a short-term hack rather than a long-term strategic move.

If you approach it purely as a tax-saving tool, you’ll likely:

  • Underinvest in structure
  • Ignore compliance
  • Face issues with banks or authorities

But if you treat it as a base for international growth, the UAE becomes one of the most powerful jurisdictions available today.

Final Thought

The UAE isn’t a magic solution—but it’s one of the few places where business, tax efficiency, global access, and infrastructure align at a high level.

Most people either overestimate it (“it solves everything”) or underestimate it (“just another offshore”). Both views are wrong.

The real advantage comes from execution:

  • Choosing the right structure
  • Setting up properly from day one
  • Aligning your business model with the environment

If done correctly, the UAE doesn’t just optimize your business—it changes the trajectory of it.

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Iran war forces job losses, reverse migration in India’s ceramic hub | US-Israel war on Iran News

Morbi, India – For seven years, Pradeep Kumar would walk into the ceramics factory in western India at 9am, load raw materials – clay, quartz and sand – into the kiln, and spend the day around the heat and dust of the furnaces.

He handled the clay at different stages, sometimes feeding it into machines, sometimes moving semi-processed pieces towards firing. The work was repetitive and demanding, with no protective gear, such as gloves and masks, against the high temperatures.

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“It would be very challenging in the summers since the heat would be at its peak,” he told Al Jazeera.

But on March 15, he lost his job – not because of anything he or the company behind his factory had done, but because the United States and Israel attacked Iran, triggering another war in the Middle East and a global fuel crisis.

Barely two weeks after the war began, the ceramics company where he worked shut down due to a shortage of propane and natural gas. The company, in Morbi in Gujarat state – like all of its peers in the ceramics industry – depends on these critical ingredients.

Morbi is the centre of India’s ceramics industry that employs more than 400,000 people. More than half of these workers, like Kumar, are migrants from poorer Indian states like Uttar Pradesh and Bihar.

India ceramics Morbi
Workers inside a ceramics factory in Morbi [Jigyasa Mishra/Al Jazeera]

Five days after Kumar lost his job, the 29-year-old took his wife and their three children back to their home in Uttar Pradesh’s Hardoi district.

“I am here until every other migrant worker who came back home with us goes back,” he told Al Jazeera.

“We don’t want to suffer like dogs, like we did during the COVID-19 pandemic,” he added, referring to the 2020 and 2021 exodus of migrant workers from India’s more industrialised western states to the poorer east, with millions of starving families, including children, walking on foot for days and sometimes weeks to reach their homes amid a coronavirus lockdown.

About 450 of 600 companies shut

With more than 600 companies, Morbi produces about 80 percent of India’s ceramics in the form of tiles, toilets, bathtubs and wash basins. But at least 450 of those companies have been forced to shut down as a standoff on the Strait of Hormuz, a lifeline for India’s gas imports, continues.

Meanwhile, the war continues, with the US on Sunday capturing an Iranian cargo vessel, even as Washington says it is willing to hold another round of talks with Tehran in Pakistan to reach a deal. Tehran has refused to commit to peace talks after its ship was seized.

The developments came as a fragile ceasefire agreed by Iran and the US after a month of fighting expires on Wednesday. But a re-escalation in hostilities has seen Iran shutting down Hormuz for traffic, disrupting global fuel supplies and raising oil prices.

“All manufacturing units in Morbi rely on propane and natural gas to fire kilns at high temperatures. While propane is supplied by private companies, natural gas is provided by the state to those with connections. Around 60 percent of manufacturers use propane because it is comparatively cheaper,” Siddharth Bopaliya, a 27-year-old third-generation manufacturer and trader in Morbi, told Al Jazeera.

India ceramics Morbi
With more than 600 companies, Morbi produces about 80 percent of India’s ceramics [Jigyasa Mishra/Al Jazeera]

Manoj Arvadiya, president of the Morbi Ceramic Manufacturers Association, said they had shut down the units till April 15, hoping that the Middle East crisis would be resolved by then.

“But even today, only around 100 units have opened, and most have still not begun the manufacturing process. For at least another 15 days, it is likely to remain the same,” he told Al Jazeera.

Arvadiya said the closure has impacted 200,000 workers, with more than a quarter of them forced to go back to their homes in other states.

India’s ceramic industry is valued at $6bn.

“About 25 percent of Morbi’s ceramics are exported to countries in the Middle East, Africa and Europe, with a net worth of $1.5bn. But exports are now delayed and, in some cases, completely halted, especially to Middle Eastern countries, due to the production slowdown over the past month,” Arvadiya told Al Jazeera.

Factories that rely on propane remain shut in Morbi. Though natural gas is mostly available, many units have not made the switch yet, as new connections are being priced at 93 rupees a kilo, while existing users receive it at about 70 rupees.

Khushiram Sapariya, a manufacturer of washbasins who relies on propane, said he will wait this month before deciding on reopening his factory.

“Because then I have to call hundreds of staff who have gone to their homes, and I want to be sure before taking their responsibility,” he said.

Returned home with ‘Morbi disease’

Among the workers who left Morbi last month is 27-year-old Ankur Singh.

“The shutdown of my company did not send me back alone, but with a Morbi disease – silicosis. I would often have fever and cough but kept ignoring it, until I came back to my hometown near Patna in Bihar and found after a check-up that it was silicosis,” he told Al Jazeera.

Silicosis is an incurable lung disease caused by inhalation of silica dust found in rock, sand, quartz and other building materials. One of the oldest occupational diseases in the world, it kills thousands of people every year.

Gujarat-based labour rights activist Chirag Chavda says the disease is “widespread in Morbi because workers are routinely exposed to fine silica dust generated during ceramic production”.

“Even those not directly involved in moulding or kiln work often inhale the particles due to poor ventilation and prolonged exposure across factory spaces,” he told Al Jazeera.

Chavda said most ceramic companies do not follow the government regulations regarding the safety of workers.

Harish Zala, 40, had worked in different ceramic companies in Morbi for two decades before he got silicosis two years ago. He said he received no help from his employer, who allegedly abused and threatened his father when he visited the company after the diagnosis.

“Every year, at least one labourer dies of silicosis in each company, while several get detected for silicosis,” Zala told Al Jazeera. “Some like me get lucky and survive, but have no choice but to quit the job immediately.”

India ceramics silicosis
Harish Zala has silicosis and struggles to walk due to severe breathlessness [Jigyasa Mishra/Al Jazeera]

Zala said many companies do not provide the workers with written proof of employment, such as appointment letters, salary slips, or identity cards. “This is done so that if a worker later demands labour rights or legal entitlements, they have no concrete evidence to prove that they were employed by the company.”

Chirag added that such workers are also denied social security under various Indian laws regarding salaries or pension funds, since doing so would establish proof of employment.

“As a result, even after working for years, workers are deprived of their labour rights due to a lack of evidence. This leaves employers with little to no legal accountability,” he said.

In Morbi, there are also migrants like Sushma Devi, 56, who did not go back to her home in West Bengal because the tile company her son works at has promised to continue giving them shelter and food as it waits for manufacturing to resume.

“I am here with a few more people because we did not want to spend money on travelling. Here, at least our ration is sorted,” she said as she walked with a bundle of dry twigs, wood and discarded plywood for the cooking.

“We step out to collect these every day to be able to cook our two-time meal,” said Devi. “I hope the kilns and manufacturing resume soon, but I also hope they don’t stop giving us rice and potatoes even if the kilns don’t start running anytime soon.”

Devi’s husband, Debendar, and their son Ankit live in a one-room set given to them by their company. The family has access to a common toilet for 10 families on one floor.

Kumar, meanwhile, is running out of his meagre savings and fears he could fall into a debt trap.

“Initially, we ate from whatever we had saved. But the house needed repair and we had to borrow 20,000 rupees ($214) from a relative, which we have no idea when or how we will repay,” he said, looking at the reworked roof of his brick house in Hardoi.

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Corridor Of Power: China’s Inland Hub Connects to ASEAN

Thanks to the New International Land-Sea Trade Corridor, trade and economic cooperation between inland China and Southeast Asia are growing fast.

China’s New International Land-Sea Trade Corridor (New ILSTC) is a critical component of the Belt and Road Initiative (BRI), linking the western inland regions to global maritime routes and—it is hoped—enhancing connectivity with ASEAN countries.

Last year was a very, very good year for the New ILSTC. And momentum is expected to continue in 2026.

The corridor’s rail-sea services handled 1.425 million TEUs of cargo in 2025. That’s up 47.6% year-on-year and surpassing 1 million tons for the first time with some 1,300 to 1,316 categories shipped, including electronics, vehicles, auto parts, and machinery. Trade value between January and October of last year saw combined imports and exports via the New ILSTC reach 1.35 trillion yuan ($196 billion), up 17.9% year-on-year.

“Trade between China and ASEAN has surged since 2017, when the New International Land-Sea Corridor was introduced, with ASEAN’s share of China’s exports surging from 12.4% to 17.6% in 2025,” notes Lynn Song, chief economist, Greater China at ING in Hong Kong. “It seems like there are local plans to continue to expand these logistics channels, which should continue to contribute to trade growth between China and ASEAN overall.”

From Beijing’s perspective, trade growth was nothing short of spectacular in the first two months of this year.

Shipments from China to Southeast Asia in dollar terms surged by 29.4% in January and February. Overall Chinese exports grew by 21.8% during that period, defying a Reuters economists’ poll in December that predicted 7.1% export growth. Chinese imports also increased overall, rising 19.8% during the same period. But China still booked a record $213.6 billion trade surplus for a 25.3% gain over the same period in 2025: a year when the country’s trade surplus hit an all-time high of $1.2 trillion.

“The share of exports from China to ASEAN economies has steadily grown from around 5.5% in 2000 to more than 15% in 2024,” says Professor Christoph Nedopil Wang, director of the Griffith Asia Institute at Griffith University in Brisbane. “However, there was no significant breaking point: rather, it was a general growth in line with the ASEAN economies’ overall growth. Imports from ASEAN countries, meanwhile, have stagnated over the past five years at around 15% of total imports to China.Chongqing is still relatively small, handling about 251,800 TEU or only 0.5% of Shanghai’s 55 million TEU.”

That is expected to change as the Guangxi Pinglu Canal opens for 5,000-ton vessels later this year, offering river-sea access from inland hubs to southern ports and the ASEAN countries.

“Once the Pinglu Canal is opened at the end of 2026, with its 89 million tons annual capacity, Chinese southwestern inland provinces will be better connected to ASEAN economies by reducing transport times from weeks to days, says Nedopil-Wang. “Furthermore, several ASEAN countries, such as Singapore or Malaysia, could identify new opportunities to fill existing agreements with live programs, such as the Singapore-Chongqing Connectivity project.”

The latter was established in 2015 to enhance connectivity between the two countries and also between landlocked western China and ASEAN. Last December, the links grew closer when Singapore’s Infocomm Media Development Authority and China’s National Data Administration signed an MoU for a Digital New ILSTC, focusing on AI, blockchain, data analytics, and digital economy cooperation. The same month, the People’s Bank of China provided a further boost to the New ILSTC when it outlined a raft of financial support measures aimed at expanding supply chain finance and infrastructure funding for the project, encouraging the use of digital renminbi for settlement and aiming to broaden intra-Asian trade.

“The Land-Sea corridor is likely further strengthening opportunities for China’s exporters,” observes Nedopil-Wang. “But to what extent ASEAN members will benefit from improved export opportunities to China through the corridor depends on their ability to provide attractive industrial or consumer goods relevant to the southwestern regions of China.”

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Ukraine strikes Russian Black Sea energy hub Novorossiysk | Russia-Ukraine war News

Ukraine has increased attacks on Russian energy infrastructure in bid to disrupt financing of its war.

The Ukrainian military reported that it has struck a Russian ⁠warship and ‌a drilling rig in the Black Sea.

Kyiv’s drone forces ⁠commander Robert Brovdi said on Monday that the attack targeted ⁠the Admiral Makarov missile carrier in ⁠the port of Novorossiysk, which is Russia’s largest oil exporting outlet on the Black Sea. Ukraine has increased its attacks on Russian energy infrastructure in a bid to disrupt export revenues that feed into Moscow’s war chest.

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Russian authorities said at least eight people, including two children, were injured in Novorossiysk, without specifying whether the port was struck.

Videos posted on Telegram and verified by Al Jazeera’s verification unit showed a fire at one of the oil port’s docks in the city.

Novorossiysk’s Mayor Andrei Kravchenko said debris from drones had fallen on two locations in the city, including a residential area.

Russia’s military said in the early morning that air defence units had downed 148 Ukrainian drones over a three-hour period. It added that officials said emergency crews were restoring power to nearly half a million households in ⁠outages linked to air attacks.

Attack on Russian ship
Ukraine has concentrated drone attacks around the port of Novorossiysk throughout the war, but has raised its efforts to halt Russian energy exports recently (File: Reuters)

The area of the port of Novorossiysk is also a location for the Caspian Pipeline Consortium’s (CPC) terminal, which exports oil from Kazakhstan and whose shareholders include US majors such as Chevron and ExxonMobil.

Ukraine has significantly intensified attacks on Russia’s energy facilities, including the largest oil exporting hubs ‌both on the Baltic and Black Seas, as it seeks to reduce Moscow’s revenues from the sales of oil, the lifeblood of its economy.

The Kremlin has attempted to boost its exports after US President Donald Trump gave it a temporary waiver from sanctions to ease supply constraints, as the US-Israeli war on Iran upends oil markets following the effective closure of the Strait of Hormuz.

Kyiv officials complain that Russia will use the additional revenue on new weapons to hit Ukraine harder.

Later on Monday, Russia reported that Ukrainian drones had attacked the CPC terminal. The export facility, which handles 1.5 percent of global oil supply, reported damage to mooring, loading, and storage infrastructure, the Reuters news agency reported.

“The Kyiv regime deliberately attacked facilities of the international oil transportation company Caspian Pipeline Consortium in order to inflict maximum economic damage on ⁠its largest shareholders – energy companies from the United States and Kazakhstan,” ⁠the defence ministry said in a statement.

The Black Sea strikes come a day after Ukrainian drones struck Russia’s Baltic Sea port of Primorsk – one of Russia’s main oil exporting outlets – and the NORSI oil refinery in the central Nizhny Novgorod region.

Alexander Drozdenko, governor of Russia’s northwestern Leningrad region, said a fuel reservoir in the Primorsk port area leaked when it was hit by shrapnel.

Ukrainian drones also repeatedly struck ⁠Russia’s Baltic Sea port of Ust-Luga last month, damaging several buildings in the sprawling ⁠complex of oil-processing facilities and export terminals.

epa12734232 Ukrainian people survey the site of the overnight Russian attack on the residential area in Odesa, Ukraine, 13 February 2026, amid the ongoing Russian invasion. At least one person was killed, and six others were injured during the Russian attack in Odesa, according to the State Emergency Service. EPA/IGOR MASLOV 110091
Odesa has been targeted numerous times by Russian strikes (EPA)

In Ukraine, a Russian overnight drone attack on the southern port city of Odesa on Monday killed two women and a toddler, authorities said.

Ukrainian President Volodymyr Zelenskyy said in a post on X that 16 people were wounded, including a pregnant woman and two children.

Russia’s overnight strikes also hit energy infrastructure in the Chernihiv, Sumy, Kharkiv and Dnipro regions, Zelenskyy said.

More than 300,000 households were without electricity in the northern Chernihiv region after distribution facilities were damaged in attacks, according to the regional power utility.

The Ukrainian leader said that over the past week, Russia launched at Ukraine more than 2,800 attack drones, nearly 1,350 powerful glide bombs and more than 40 missiles of various types.

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London’s ‘museum hub’ train station used by 30million passengers to get £120million revamp

A POPULAR train station is getting a long-awaited, multi-million pound upgrade.

South Kensington is often called a ‘museum hub’ by being the gateway to three free attractions – the V&A, Science Museum and the Natural History Museum.

South Kensington Station is getting a huge makeoverCredit: TFL
The train station will get a £120million upgradeCredit: TFL
It includes step free access and a reopened platformCredit: TFL

And the train station is about to get a huge makeover to make it much easier to travel to and from.

The new plans revealed by TFL will see the Grade II listed station be modernised.

This includes step free entrances, and a new eastbound platform for the Circle and District lines.

Being the busiest London Underground station with no accessible entrance, it is though as many as 500,000 journeys aren’t made to the station because of it.

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Around 30million passengers use the station every year, with the Circle, District and Piccadilly line stopping there.

Works are set to start later this year, and will be completed by 2029.

Bruno Carr, head of investment planning at TfL, said: “This transformational scheme will deliver much-needed step-free access to this station, while also making the area around it more pleasant for the millions who visit the nearby attractions and museums every year.”

Scott Anderson, head of property development at Places for London, said the upgrade would make the station the “jewel of the Tube network”.

Part of the station opened in 1868, with the Metropolitan line (no longer running there) and the District line.

The train station’s crowds are expected to continue, especially after the nearby Natural History Museum was named the most popular attraction in the UK.

Overtaking the British Museum, more than 7.1million people visited last year.

Millions a year also visit the V&A and Science Museum in South Kensington along with the Royal Albert Hall.

South Kensington is even home to a street nicknamed Little Paris.

Also nicknamed Frog Alley, Bute Street has French bookshops and bakeries throughout.

Another train station getting an upgrade is London Liverpool Street, the UK’s busiest railway station.

And a new £460million, “first of its kind” train station is opening in Birmingham as part of the HS2 plans.

As many as 30million people use the station a yearCredit: TFL/WW+P
Works hope to start later this year and will be finished by 2029Credit: TFL

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Iranian drone strike sets stategically key UAE oil trading hub on fire

Iran stepped up its targeting of Gulf neighbors, attacking and setting on fire a fuel tank close to Dubai International Airport, forcing flights to be suspended, and the key Fujairah oil export hub on the UAE’s east coast, on the supposed “safe” side of the Strait of Hormuz. Photo by Stringer/EPA

March 16 (UPI) — Emergency services in the United Arab Emirates were battling a major blaze at the country’s strategically key Fujairah oil export hub on Monday morning after the second drone strike on the facility in two days.

Emirate of Fujairah authorities said in a post on X that no one had been hurt in the attack on the Fujairah Industrial Petroleum Zone and that efforts were ongoing to bring the fire under control. They appealed to people to refrain from spreading misinformation.

“Civil defense teams in the Emirate immediately responded to the incident and are continuing their efforts to control it. The competent authorities call on the public not to circulate rumours and to obtain information only from official sources,” wrote the Fujairah Media Office.

The facility is strategically important because it is the only oil export terminal on the UAE’s eastern coast, located on the Gulf of Oman, the “good” end of the Strait of Hormuz.

Critically, it means oil tankers servicing the port do not need to run the gauntlet of the 21-mile-wide sea lane that Iran has effectively closed.

An approximately 250-mile-long cross-country oil pipeline from Habshan, a key onshore field 80 miles southwest of Abu Dhabi, feeds as much as 1.8 million barrels per day of crude into Fujairah.

However, Iran’s Islamic Revolutionary Guard Corps threatened ports, docks, military facilities and other “legitimate” U.S. targets in the UAE while the state media uged workers and residents in and around Fujairah, Jebel Ali and Khalifa ports to evacuate due to the presence of U.S. military forces.

Monday’s incident, following on from a separate strike and fire on Saturday, highlighted how exposed Fujairah — one of the world’s key crude oil and fuel storage hubs — was to Iranian threats.

The UAE has been repeatedly targeted by Iranian drones and missiles since the United States launched its airborne offensive against Iran on Feb. 28.

A drone attack earlier Monday that forced the temporary grounding of all flights at Dubai International Airport after a fire erupted in a fuel tank close by and an announcement by Israel that it was nowhere near done with hitting Iran indicated the war was likely headed into a third week.

Israel also announced plans for an expansion of its ground offensive in Lebanon against Hezbollah operatives and strongholds after the Iranian proxy group attacked Israel with rockets and missiles on March 2, two days into the war.

An Israeli bombing campaign and targeted actions by ground forces has already forced hundreds of thousands of civilians in the country to flee their homes and killed more than 850, more than 170 of them women and children, according to the Lebanon Health Ministry.

European Union foreign ministers were set to meet on Monday in Brussels to discuss the situation in the region as oil prices continued their upward trajectory with the benchmark Brent crude futures briefly hitting $106 per barrel during trade on Monday.

Shipping of oil, gas and all cargo through the Strait of Hormuz remains stalled despite calls by U.S. President Donald Trump at the weekend for countries that get their oil from Gulf producers to step up and help restart movement of ships in and out of the Persian Gulf.

Iranians attend a funeral for a person killed in recent U.S.-Israel airstrikes at Behesht-e Zahra cemetery on the southern outskirts of Tehran in Iran on March 9, 2026. Photo by Hossein Esmaeili/UPI | License Photo

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