Strait of Hormuz Risk: Iran and the US traded fresh demands over compensation and sanctions, while oil prices jumped ~5% as hopes for reopening dimmed—keeping a tight lid on energy shipping that matters directly for UAE trade and costs. ADNOC & Maritime Security: Multiple reports say an ADNOC-linked tanker was hit/targeted amid the standoff, with UAE and Gulf states condemning the attack and warning of “acts of piracy,” raising near-term operational and insurance concerns. UAE Smart Mobility Deal: Abu Dhabi’s Space42 and Korea’s Autonomous A2Z signed a $7m (AED 25.7m) agreement for Level-4 driverless mobility, with pilot Robo-Shuttle services set for testing before wider rollout. Cyber Resilience Push: Gulf organisations are shifting from prevention-only to full cyber resilience—detection, response and recovery—after recent attempts targeting aviation, energy and education. Corporate & Finance: UAE small businesses get extended corporate tax relief until end-2029, while Emirates NBD and Dubai Future District Fund deepen AI partnerships. Aviation Tech: Boeing agreed to sell Wisk, Insitu and SkyGrid to Archer, taking a stake as the race for “physical AI” in aerospace accelerates. Remittances Watch: Pakistan’s FY27 remittances start strong, with UAE and Saudi corridors still growing—an indirect read on UAE-linked labour flows.