• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Watch

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

PoliticsDubai

Dubai’s worst nightmare unfolds as Iran strikes Gulf neighbors

By
Dana Khraiche
Dana Khraiche
,
Fiona MacDonald
Fiona MacDonald
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Dana Khraiche
Dana Khraiche
,
Fiona MacDonald
Fiona MacDonald
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 28, 2026, 4:57 PM ET
The Burj Khalifa skyscraper, centre, on the city skyline in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026.
The Burj Khalifa skyscraper, centre, on the city skyline in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Walaa Alshaer/Bloomberg via Getty Images
Add Fortune on Google for similar content.

Dubai’s nightmare scenario unfolded Saturday: Defense systems repelling Iranian missiles and drones over its famous skyscrapers, random explosions and plumes of black smoke rising out of the city-state’s most celebrated neighborhood.

Recommended Video

Local authorities said four people were injured in a fire at Palm Jumeirah, the man-made island that’s famous for its luxury hotels, resorts and attractions. A high-end hotel there was hit by parts of a missile that was either intercepted or got knocked off its trajectory.

Iran launched an unprecedented wave of airstrikes in the region targeting US bases and fracturing the emirate’s long-held image of a haven in a tough neighborhood. Dubai has prided itself with its unshakable security and safety. Many still leave their cars and homes unlocked.

But social media is full of videos of interceptors and objects flying in the sky, an unthinkable scene in the emirate. A restaurant in the Dubai International Financial Center, the Middle East’s main financial hub, unexpectedly asked customers to pay and leave so they could close early.

Panic-buying in some supermarkets prompted Emirati authorities to issue a statement and reassure residents that there is ample supply of food. Strategic reserves of essential commodities are “robust, comprehensive and diversified,” they said, asking people to refrain from stockpiling.

Missiles struck a service center at a US base and residential buildings in Bahrain, and a drone hit Kuwait’s airport, injuring some staff at a passenger terminal. The American base there was also hit, lightly injuring three members of the Kuwaiti military. Qatar intercepted several waves of airstrikes and suspended flights, as did many others.

The UAE partially closed its airspace and suspended flights in Dubai as it intercepted Iranian rockets. Debris fell in Dubai and Abu Dhabi, according to the state-run news agency. One person was killed after missiles were intercepted in an Abu Dhabi area, the agency reported. 

The Islamic world, including the UAE, is observing the holy month of Ramadan, when Muslims fast from sunrise to sundown. Many cafes and restaurants remain open late into the night and offer late-night dining options and services. 

Management in some Dubai buildings are asking residents to take shelter in basements, and fitness centers have messaged their clients to say they’re temporarily closing.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Dana Khraiche
See full bioRight Arrow Button Icon
By Fiona MacDonald
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Politics

congress
Commentaryregulation
Congress needs an AI framework now
By Caleb KnappAugust 3, 2026
6 hours ago
After canceling Iran strikes, Trump says negotiations will resume Monday afternoon while Tehran continues Hormuz talks with Oman
PoliticsIran
After canceling Iran strikes, Trump says negotiations will resume Monday afternoon while Tehran continues Hormuz talks with Oman
By Aamer Madhani, Samy Magdy and The Associated PressAugust 2, 2026
20 hours ago
UK’s Burnham pledges ‘relentless’ focus on illegal migration
PoliticsImmigration
UK’s Burnham pledges ‘relentless’ focus on illegal migration
By Philip Aldrick and BloombergAugust 2, 2026
21 hours ago
Sen. Bernie Moreno says Rep. Max Miller shouldn’t serve in the House, calling former son-in-law a ‘danger to my daughter’ and granddaughter
PoliticsCongress
Sen. Bernie Moreno says Rep. Max Miller shouldn’t serve in the House, calling former son-in-law a ‘danger to my daughter’ and granddaughter
By Mary Clare Jalonick, Julie Carr Smyth and The Associated PressAugust 2, 2026
1 day ago
Crushed by Kospi rout, angry Koreans rip Lee and vow not to buy
InvestingSouth Korea
Crushed by Kospi rout, angry Koreans rip Lee and vow not to buy
By Youkyung Lee, Sangmi Cha and BloombergAugust 2, 2026
1 day ago
Trump’s approval rating on the economy sinks to just 32%, and even Republicans feel like they need ‘to get a loan before I go grocery shopping’
PoliticsDonald Trump
Trump’s approval rating on the economy sinks to just 32%, and even Republicans feel like they need ‘to get a loan before I go grocery shopping’
By Amelia Thomson-Deveaux, Linley Sanders, Mike Catalini and The Associated PressAugust 2, 2026
1 day ago

Most Popular

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
1 day ago
As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
Middle East
As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
1 day ago
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
Economy
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
By Jason MaAugust 1, 2026
2 days ago
Trump just invoked a 1930 tariff law no president has ever used — against Canada
Commentary
Trump just invoked a 1930 tariff law no president has ever used — against Canada
By Caleb PetittAugust 2, 2026
1 day ago
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
By Orianna Rosa RoyleAugust 2, 2026
1 day ago
He was homeless at 16. Now he sits on the board of David Beckham's wellness company and his business is about to hit $1 billion in revenue
Success
He was homeless at 16. Now he sits on the board of David Beckham's wellness company and his business is about to hit $1 billion in revenue
By Emma BurleighAugust 2, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.