UAE Suspends Trade and Financial Transactions With Iran Amid Regional Escalation
ABU DHABI, 19 August, 2026 (Ghufran) — The United Arab Emirates has suspended all trade activities, exchanges and financial transactions with Iran until further notice, the UAE Foreign Ministry said on Wednesday, citing a regional escalation that it said was undermining regional and international peace and security.The announcement came a day after the UAE Defence Ministry said it had detected two ballistic missiles launched from Iran, marking the first such reported incident since a May 4 strike on Fujairah port. In a subsequent statement, the UAE Defence Ministry said its assessment indicated that the missiles had targeted maritime traffic. Both missiles fell into the sea, according to the ministry.Iranian Foreign Ministry spokesperson Esmaeil Baghaei rejected the UAE's statement on Wedn...





