The UAE has suspended trade and financial transactions with Iran.
The UAE has suspended trade and financial transactions with Iran until further notice following a reported attack on port infrastructure.
The United Arab Emirates has temporarily suspended trade and financial transactions with Iran.
The UAE Ministry of Foreign Affairs announced the suspension of trade, commercial, and financial transactions with Iran. These restrictions will remain in effect until further notice.
The UAE Ministry of Foreign Affairs cited rising regional tensions, which authorities believe threaten international security and stability in the region.
Earlier, the UAE Ministry of Defense reported the launch of two ballistic missiles from Iranian territory. According to official data, one missile fell outside the country's territorial waters, while the second hit an area within them.
The UAE Ministry of Defense stated that the attack targeted facilities related to maritime shipping and navigation.
Following the missile threat, UAE residents received emergency alerts on their mobile phones. This alert was the first in more than five weeks. The alert was canceled shortly thereafter.
The decision to suspend economic transactions with Iran comes amid ongoing regional escalation.