Strait of Hormuz Watch: UN pauses ship evacuations after a projectile hit a vessel off Oman; Iran warns only Tehran-approved routes get safe-passage guarantees, keeping trade-risk front and centre for UAE-linked shipping and energy flows. UAE Finance & Markets: Nasdaq Dubai lists a $500m Arab Energy Fund sukuk (due 2031), adding depth to the exchange’s sukuk market. Abu Dhabi Energy Deal: TotalEnergies takes a 10% stake in ADNOC’s Bab Gas Cap concession, targeting ~1.5 bcf/d and boosting upstream gas output. Banking Expansion: United Arab Bank opens a new Dalma Mall branch in Abu Dhabi to serve residents, SMEs and corporates. Health & Biotech: Abu Dhabi DoH signs MoUs with Boehringer Ingelheim and Arbor Biotechnologies to advance genomics-driven precision medicine and gene-editing research. Workplace Policy: Dubai’s “Our Flexible Summer” lets government staff shift to shorter workweeks and flexible schedules. Corporate/Tech: Dubai Holding weighs a stake in data-centre builder Hscale as it pushes further into Europe’s digital infrastructure. Food Safety: ADAFSA shuts Safari Plaza Restaurant in Abu Dhabi over repeated violations.