Disrupted by missiles and drones during the US-Israeli strikes on Iran that started on February 28, Dubai, the commercial and trade center of the United Arab Emirates, witnessed massive evacuations of businesspeople and billionaires, followed by the shutdowns of numerous branches of top global companies. To restore market confidence, Sheikh Hamdan, Crown Prince of Dubai, attended a conference themed on Dubai's economic resilience in March. After addressing nearly 300 business people, he signed legislation to ensure that construction projects across Dubai continued. On March 2, the UAE Ministry of Defense released a detailed record of its precise missile interception operations. Amid multiple conflicts and wars in the Middle East, Dubai's pivotal role in regional economy and trade is put to the test. Experts warned the conflict may trigger enormous capital outflows from Dubai.
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