Amid the Iran war, Dubai’s International Financial Centre witnessed a security scare after debris from an intercepted Iranian drone sparked a fire on the facade of a building in the district. Authorities confirmed that the drone was successfully intercepted and the incident caused only minor damage, with no injuries reported. However, thick smoke rising from the area triggered security alerts across Dubai’s financial hub. The incident comes amid escalating tensions in the Middle East after Iran threatened to target economic and financial centres linked to the United States and Israel. The IRGC had warned that banks and technology infrastructure connected to US and Israeli entities could become new targets in the conflict.

In a major 6–3 decision, the Supreme Court ruled that President Donald Trump exceeded his authority by using a 1977 emergency law to impose sweeping global tariffs. The ruling invalidates key “reciprocal” tariffs and certain 25 percent duties on imports from China, Canada and Mexico — potentially mandating the return of more than $100 billion in collected revenue.