A fire broke out at the Fujairah Oil Industry Zone following an Iranian drone strike, injuring three Indian workers. The UAE Ministry of Defence reported intercepting three incoming missiles over territorial waters, while a fourth fell into the sea. The strategic hub hosts the Abu Dhabi Crude Oil Pipeline terminal bypassing the Strait of Hormuz.
Food retailers and manufacturers in the UAE are restructuring supply chains and booking dedicated cargo vessels and aircraft amid maritime disruptions linked to regional tensions and the closure of the Strait of Hormuz. Retail giant Lulu Group International is independently chartering ships from suppliers in China and other Asian markets as sea transit times reach up to 70 days. Local manufacturers like United Foods and Al Ain Farms Group are also building raw material reserves and expanding domestic production.
Luckin Coffee appointed Philip Yifei Bao of Abu Dhabi's Mubadala Investment Company to its board on October 8, 2026. The move follows Mubadala's participation alongside Centurium Capital in an investment valued at approximately $1 billion. The Chinese coffee company has reached 100 outlets in Singapore and is evaluating expansion into the Gulf region.
Dubai authorities have opened nominations for the third cycle of ten-year Golden Visas for qualified educators. Formal applications for eligible private school and early childhood teachers will begin in November 2026. The program offers long-term residency without the requirement of continuous employer sponsorship.
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