The China Mail - Fresh UAE attacks blamed on Iran draw new reality in the Gulf

USD -
AED 3.672504
AFN 65.000368
ALL 81.216919
AMD 362.051328
ANG 1.789785
AOA 917.000367
ARS 1515.25437
AUD 1.435956
AWG 1.80125
AZN 1.70397
BAM 1.739803
BBD 2.01708
BDT 123.195303
BGN 1.747831
BHD 0.378775
BIF 2997.464751
BMD 1
BND 1.281146
BOB 11.69239
BRL 5.065104
BSD 1.001468
BTN 95.050483
BWP 13.720589
BYN 3.015879
BYR 19600
BZD 2.014233
CAD 1.41575
CDF 2313.50392
CHF 0.825932
CLF 0.024881
CLP 979.255437
CNY 6.691204
CNH 6.686704
COP 3173.953654
CRC 455.099408
CUC 1
CUP 24.035938
CVE 98.087444
CZK 21.645304
DJF 178.33919
DKK 6.651204
DOP 61.433083
DZD 133.824668
EGP 53.529689
ERN 15
ETB 163.585998
EUR 0.889904
FJD 2.26765
FKP 0.750199
GBP 0.752078
GEL 2.590391
GGP 0.750199
GHS 11.695058
GIP 0.750199
GMD 73.503851
GNF 8810.21216
GTQ 7.652004
GYD 209.527198
HKD 7.84815
HNL 26.885202
HRK 6.703804
HTG 131.147978
HUF 323.310388
IDR 18053
ILS 3.09465
IMP 0.750199
INR 94.965504
IQD 1518.213762
IRR 1795877.503816
ISK 121.180386
JEP 0.750199
JMD 159.195837
JOD 0.70904
JPY 158.01504
KES 130.098296
KGS 87.450384
KHR 4070.631144
KMF 440.00035
KPW 899.999961
KRW 1334.740383
KWD 0.31082
KYD 0.834586
KZT 453.195748
LAK 22534.359294
LBP 89683.40524
LKR 331.690611
LRD 170.751234
LSL 16.462394
LTL 2.95274
LVL 0.60489
LYD 6.431526
MAD 9.729662
MDL 17.966464
MGA 4507.405595
MKD 54.836988
MMK 2099.858992
MNT 3597.263832
MOP 8.096339
MRU 40.037362
MUR 47.230378
MVR 15.460378
MWK 1736.600987
MXN 18.492904
MYR 4.083204
MZN 63.903729
NAD 16.462394
NGN 1331.210377
NIO 36.854512
NOK 9.427704
NPR 152.081128
NZD 1.767253
OMR 0.382413
PAB 1.001468
PEN 3.444825
PGK 4.547436
PHP 62.986038
PKR 277.237468
PLN 3.88825
PYG 5719.877241
QAR 3.660721
RON 4.730604
RSD 104.461148
RUB 84.13468
RWF 1478.183516
SAR 3.752837
SBD 8.064647
SCR 13.905529
SDG 601.503676
SEK 9.912404
SGD 1.282104
SHP 0.754745
SLE 24.680371
SLL 20969.504398
SOS 572.343548
SRD 37.794504
STD 20697.981008
STN 21.794245
SVC 8.763065
SYP 13001.999685
SZL 16.455989
THB 33.445038
TJS 9.228751
TMT 3.51
TND 2.98768
TOP 2.40776
TRY 49.513804
TTD 6.798915
TWD 32.453604
TZS 2646.44398
UAH 44.920874
UGX 4136.458658
UYU 40.314905
UZS 12073.121914
VES 878.910604
VND 25894.5
VUV 119.757204
WST 2.787783
XAF 583.738825
XAG 0.017551
XAU 0.000240063761
XCD 2.70255
XCG 1.804919
XDR 0.707052
XOF 583.738825
XPF 106.089045
YER 236.150363
ZAR 16.494037
ZMK 9001.203584
ZMW 20.049815
ZWL 321.999592
SSP 5758.113256
MXV 2.088032
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Fresh UAE attacks blamed on Iran draw new reality in the Gulf
Fresh UAE attacks blamed on Iran draw new reality in the Gulf / Photo: © AFP

Fresh UAE attacks blamed on Iran draw new reality in the Gulf

Hours after the UAE's top oil executive said the country had "emerged stronger" from war and as thousands attended an Abu Dhabi summit to boost the local economy, phones across the country were alerting that missiles were incoming.

Text size:

The first attacks since a truce came into effect last month were a stark reminder of its fragility, dampening hopes of a quick return to normality, even as Iran "categorically" denied on Tuesday that it was behind the new offensive.

- 'Not again' -

The new attacks on Monday, which the UAE blamed on Iran, pushed schools to revert to remote learning, having resumed in-person classes roughly two weeks earlier.

In the weeks preceding the attacks, residents had trickled back to the UAE, where 90 percent of the population are foreigners, with beachgoers returning to the iconic man-made Palm while Dubai restaurants returned to life.

One executive at a food and beverage company told AFP they were in a meeting to discuss raising salaries following war-driven cuts, when phones began ringing.

"We literally just slammed our faces into our hands and sat in silence for a solid minute," they told AFP, requesting anonymity to discuss sensitive matters.

"There was an overall feeling of... exhaustion, of disbelief that this might start again," they said.

Iran targeted the UAE more than any other country during the war, hitting US assets but also energy and civilian infrastructure and even landmarks.

Despite the UAE's very high interception rate, the attacks broke the aura of stability that the Gulf had long enjoyed and sent tourists fleeing during peak season.

- New reality -

The threat of renewed strikes now looms over the region's wider economy, not just oil and gas, threatening diversification ambitions in the Gulf.

"The UAE non-oil private sector signalled a further loss of momentum in April, with operating conditions showing their weakest performance for more than five years," warned David Owen, a senior economist at S&P Global Market Intelligence.

For weeks, Gulf states have been stuck between war and peace as talks stall and the vital Strait of Hormuz remains all but closed.

"This might become a new reality where every now and then we have a few alerts," the executive told AFP, warning the economy depended on stability and the perception of safety.

Speaking about Iran, Emirati political scientist Abdulkhaleq Abdulla said: "Whenever they are angry against America or Israel or anything, they could, they will shoot at us and probably we are their prime target."

- Why the UAE? -

The UAE is a top US ally and an Arab country with ties to Israel, making it a prime target for Iran, said HA Hellyer, Middle East expert at the London-based Royal United Services Institute for Defence and Security Studies.

Its diversified economy means Iranian attacks have additional repercussions, while proximity to Iran makes it an easier drone target than Israel, he said.

Iran may also single out the UAE to attempt "to further drive a wedge between Gulf countries", compounding an Emirati-Saudi rift that broke out publicly in December over Yemen.

The Gulf's two biggest economies are divided over the war and on Iran. The UAE has had a more hawkish stance and expressed maximalist demands for any deal, while Saudi Arabia has supported mediator Pakistan's efforts.

The attacks attributed to Iran raise "the risk of Emirati retaliation; Abu Dhabi has signalled it will consolidate further US and Israel ties", Hellyer said.

In contrast, Riyadh has increasingly grown to see Israel as a major threat since normalisation talks fell through following the outbreak of the Gaza war.

Riyadh, which has sustained fewer Iranian attacks than its neighbour, "regards the risks of action as being greater than the risks of inaction and the Emiratis view it in the opposite direction", Hellyer said.

S.Davis--ThChM