As missiles and drones flew over the United Arab Emirates, traders and Wall Street executives who’ve flocked to the Gulf in recent years found themselves confronting a threat few expected to materialise in a country that had pitched itself as the region’s safest hub. Vehicle wait at a traffic signal with Burj Khalifa in the background, after an Iranian attack, following United States and Israel strikes on Iran, in Dubai, United Arab Emirates, on 1 March 2026. (Reuters) Several hedge funds began reviewing business-continuity arrangements almost immediately, according to people familiar with the matter. Global banks including JPMorgan Chase & Co. and Citigroup Inc. instructed employees to work from home, while other firms urged staff to shelter in place and avoid sensitive areas around foreign embassies and military installations. Air defence systems have intercepted projectiles over the skylines of Dubai and Abu Dhabi over the weekend, with debris and smoke visible near high-profile commercial districts and luxury developments including Palm Jumeirah. A suspected aerial strike damaged facilities at Dubai International Airport, while debris from an …