Bank accounts, demat holdings and properties frozen under FEMA provisions; probe alleges bogus exports, shell entities and suspected round-tripping through UAE-based firms.

Dubai, UAE, May 09, 2026 (GLOBE NEWSWIRE) -- Pepeto just cleared a major upgrade on its exchange, bringing the zero-cost trading engine and listing...

The UAE said its air defence systems intercepted missiles and drones launched from Iran, triggering air raid alerts and major disruptions to flights heading to Dubai and Abu Dhabi. Several incoming flights were reportedly delayed, rerouted, or placed on hold mid air as regional tensions escalated, causing confusion for airlines and passengers across UAE airspace.

The United States said it was expecting an Iranian response, as soon as later last night, to its latest proposal to end the war in the Gulf, even as US and Iranian forces traded fire in the region and the UAE came under renewed attack.

Planning a Dubai trip in 2026? Explore the real cost of living, travel, food, transportation, and daily expenses with this complete Dubai budget guide for tourists and residents.

Explore the best places to visit in Dubai in 2026 with this complete travel guide covering iconic landmarks, hidden gems, free attractions, and nightlife experiences.