In Dubai, the commercial break with Tehran is harming Iranian businesses and their financing circuits

In Deira, Dubai, the Bank Saderat Iran and Bank Melli Iran are closed, reflecting strained UAE-Iran economic relations. The UAE has faced Iranian retaliation during the ongoing Israeli-American conflict, resulting in casualties and economic disruptions. Additionally, the UAE reportedly conducted strikes against Iranian targets in coordination with the US and Israel, targeting energy infrastructure. Abdulkhaleq Abdulla, an Emirati political analyst, noted the reciprocal nature of these responses.