Strait of Hormuz Tensions: The US and Iran both claim control of the Strait of Hormuz after renewed attacks, with shipping traffic slowing and oil prices jumping as Gulf markets react to escalating hostilities. UAE Foreign Policy: The UAE strongly condemned renewed Iranian missile and drone attacks targeting Bahrain, Kuwait, and Jordan, warning they violate sovereignty and threaten regional stability. Gulf Business Pressure: Reports say Saudi banks have blocked or delayed payments to UAE accounts since mid-May, raising fresh concerns about a widening Saudi-UAE rift affecting trade and cashflow. Dubai Mobility Upgrade: Dubai Harbour parking has gone cashless, with fees paid automatically via Salik at Harbour West Car Park. SME Support Push: ADIB and Dubai DET launched a “SME in a Box” DET Connect Account to help Dubai SMEs open accounts digitally and access key business services faster. Abu Dhabi Women-Led SMEs: Abu Dhabi Businesswomen Council and Publicis Groupe Middle East relaunched Ra’idah for its second edition, offering an in-person academy and paid media funding for winners. Energy Markets: ADX expanded derivatives with six new stock futures, adding more tools for hedging across UAE sectors. Local Economy & Trade: Dubai diamond trade hit a record $41.7bn in 2025, underscoring the emirate’s continued pull for global precious-stone business. Health & Industry: Mubadala Bio launched locally manufactured haemodialysis solutions in the UAE, marking a first for local production. Sustainability: Tadweer Group wrapped up ECORUN’s second edition in Abu Dhabi with 740+ participants, linking community participation to circular economy goals.