Iran’s missile-and-drone barrage on the UAE-nearly 1,900 strikes in 15 days-has shifted from ballistic saturation to drone-heavy attacks that are far costlier to intercept, forcing the UAE to spend over $2.3 billion on air defence. As the assault rattles investor confidence, wealthy Asians shift funds to Singapore and Hong Kong, tourism plunges, hotel occupancy falls below 20%, and Dubai’s reputation as a safe global hub faces its toughest test yet.
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