00:01The Gulf region has come under an unprecedented wave of missile and drone attacks from Iran.
00:08New blasts have been reported in Dubai, Doha and across the area.
00:12Iran continues to carry out strikes in retaliation for U.S. and Israeli attacks
00:16that killed the Supreme Leader Ayatollah Ali Khamenei on Saturday.
00:20Middle East airports are shut down, stranding thousands of travelers around the world.
00:24Dubai International Airport, the world's busiest aviation hub,
00:27sustained minor damage in a suspected aerial strike.
00:30Nearby, fires broke out at a high-end hotel on Palm Jumeirah in Dubai.
00:34Authorities say the building was struck by debris from a missile
00:37that was either intercepted or knocked off course.
00:40Debris from an intercepted drone also caused a minor fire in the iconic Burj Al Arab.
00:45Panic buying at some supermarkets prompted Emirati officials to reassure residents
00:49that food supplies remain ample.
00:52The crisis threatens Dubai's rise as a hedge fund hub
00:55and Abu Dhabi's position as a sovereign wealth powerhouse.
00:58Saudi Arabia and Qatar have also been drawing financial firms
01:01as they push to diversify away from oil.
01:04These ambitions are built on an image of insulation from regional turmoil.
01:08At an emergency U.N. Security Council meeting,
01:11the six GCC states alongside Jordan and Syria
01:14condemned what they called Iran's cowardly attacks,
01:17warning Tehran would bear full responsibility for further escalation.
01:20In a notable sign of regional unity,
01:23the Saudi Crown Prince Mohammed bin Salman
01:24and UAE President Sheikh Mohammed bin Zayed
01:27held their first call since last year's rift over Yemen.
01:30So let's look at theŠ»Š°ŃFiremen.
01:31So that's what I will follow up first.
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