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

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

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.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
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

Latest in Middle East

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
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
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
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Middle East

Middle EastDubai
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
By Jason MaMarch 1, 2026
1 hour ago
EnergyOil
Oil prices soar 10% as tanker traffic halts near the Strait of Hormuz amid Iran attacks while IRGC warns against passage. ‘Our ships will stay put’
By Jason MaMarch 1, 2026
3 hours ago
trump
PoliticsWhite House
Trump said ‘we must abandon the failed policy of nation building and regime change’ in 2016. So what changed?
By Tim Sullivan and The Associated PressMarch 1, 2026
3 hours ago
khamenei
Middle EastMiddle East
Weeks before his death, Iran’s 86-year-old Supreme Leader heard shouts of ‘Death to Khamenei’ and unleashed a bloody crackdown
By Lee Keath, Cara Anna and The Associated PressMarch 1, 2026
3 hours ago
trump
Middle EastMiddle East
Top diplomat on Middle Eastern regime change as a losing game: ‘U.S. history in that area of the world is not good with this’
By Donald Heflin and The ConversationMarch 1, 2026
4 hours ago
iran
Middle EastMiddle East
3 U.S. military service members killed, 5 wounded in Iran operation, Central Command says
By The Associated PressMarch 1, 2026
4 hours ago

Most Popular

placeholder alt text
Middle East
Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
1 day ago
placeholder alt text
Economy
Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever
By Eleanor PringleMarch 1, 2026
10 hours ago
placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
1 day ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
2 days ago
placeholder alt text
Middle East
Dubai’s worst nightmare unfolds as Iran strikes Gulf neighbors
By Dana Khraiche, Fiona MacDonald and BloombergFebruary 28, 2026
22 hours 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.