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Dubai’s Fairmont The Palm bounces back after incident during strikes

Hotel GM Ugur Talayhan says property continues welcoming guests and is fully operational

Gareth van Zyl
Gareth van Zyl

05 March, 2026

Dubai’s Fairmont The Palm bounces back after incident during strikes

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Despite a nearby incident involving intercepted missiles and drones during regional escalations, Dubai's Fairmont The Palm remains fully operational. General Manager Ugur Talayhan reassured guests and partners of uninterrupted services and thanked them for their support. The UAE's air defense system successfully intercepted most threats, minimizing the impact of attacks.

Dubai’s Fairmont The Palm remains fully operational after an incident near the entrance of the hotel during the latest regional escalation.

After Iran began firing missiles toward the UAE on Saturday, February 28, Dubai’s Government Media Office confirmed later on the weekend that an “incident occurred in a building in the Palm Jumeirah area”.

The situation was quickly brought under control and the hotel has continued operating, with management reassuring guests and partners that services remain uninterrupted.

Ugur Talayhan, general manager of Fairmont The Palm, said the property remains open and welcoming guests as normal.

“I would like to personally reassure you that Fairmont The Palm remains open and fully operational following the recent events and that our guests continue to be welcomed with the same warmth, care and exceptional service that define our brand,” Talayhan said in a LinkedIn post.

Talayhan also thanked partners and the wider community for their support.

“I would like to extend my heartfelt thanks to each of you who so thoughtfully reached out with your prayers, messages and words of support over the past days,” he said. “Your kindness and consideration have been sincerely appreciated.”

He added that the hotel’s team has focused on ensuring the safety and wellbeing of both guests and employees.

“This has been a focused period for our team as we prioritise the safety and wellbeing of our guests and colleagues,” Talayhan said.

“I am truly grateful for your support and for the strength of the relationships we share.”

Interceptions

The incident that hit the hotel came amid a broader escalation in the region. According to figures released by the UAE Ministry of Defence overnight, more than 1,100 missiles and drones have been launched toward the UAE since February 28.

Read more: UAE successfully intercepts most of 1,100+ missiles, drones since Feb 28

Data published on March 4 shows Iranian forces fired 941 drones, 189 ballistic missiles and eight cruise missiles during the first five days of the escalation.

The UAE’s layered air defence systems intercepted the overwhelming majority of these threats, destroying 876 drones, 175 ballistic missiles and all eight cruise missiles.

A small number reached UAE territory. Authorities said 65 drones and one ballistic missile impacted inside the country, while 13 ballistic missiles fell into the sea.

Despite the scale of the attacks, the high interception rate highlights the effectiveness of the UAE’s multi-layered air defence network designed to detect and neutralise threats at multiple altitudes.

UAE sets new criteria for Term 2 assessments in public schools

Private schools, meanwhile, will follow their own approved academic policies when determining how to complete the term and assess students

Gulf Business
Gulf Business

05 March, 2026

UAE sets new criteria for Term 2 assessments in public schools
Image credit: Getty Images

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The UAE's Ministry of Education announced Term 2 grades for public school students will be based on continuous assessments, projects, and assignments. Private schools will use their own academic policies. Additionally, the Spring Break for schools and universities in the UAE is confirmed for March 9-22, 2026, with classes resuming March 23.

The UAE’s Ministry of Education (MoE) has announced that Term 2 grades for students in public schools will be based on continuous assessments, projects and assignments completed throughout the term.

The ministry said the approach aims to ensure fair evaluation of students’ academic progress during the term. “Term 2 grades for students in public schools will be determined based on the continuous assessments, projects, and assignments completed by students during the term,” the ministry said.

Private schools, meanwhile, will follow their own approved academic policies when determining how to complete the term and assess students. Each school will communicate the relevant procedures and requirements directly to parents and students, a WAM report said.

Spring break dates confirmed

In a related announcement, the Ministry of Education (MoE) and the Ministry of Higher Education and Scientific Research (MoHESR) confirmed the dates for the upcoming Spring Break across schools and universities in the UAE.

The break will run from Monday, March 9, until Sunday, March 22, 2026, following approval by the Education, Human Development and Community Development Council (EHCD).

Students, as well as academic and administrative staff, will resume classes and official working hours on Monday, March 23, 2026.

UAE’s 2PointZero unit acquires stake in US wearable tech firm Whoop

Boston-based Whoop was founded in 2012 and has a subscription-based wearable platform

Neesha Salian
Neesha Salian

05 March, 2026

UAE’s 2PointZero unit acquires stake in US wearable tech firm Whoop
Image: Whoop

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2PointZero Group acquired a stake in Whoop, a US-based human performance technology company with a subscription-based wearable platform. Whoop provides 24/7 physiological monitoring and personalized health coaching for athletes and health-conscious consumers. The Abu Dhabi Securities Exchange filing did not disclose the size of the stake or financial details. Whoop has raised over $400 million from investors like SoftBank.

A subsidiary of 2PointZero Group has acquired a stake in US human performance technology company Whoop, according to a disclosure filed with the Abu Dhabi Securities Exchange (ADX).

The filing did not disclose the size of the stake or the financial details of the transaction.

Boston-based Whoop was founded in 2012 and has a subscription-based wearable platform that provides 24-hour physiological monitoring and personalised health coaching.

The company’s membership model provides users with a proprietary wearable device and digital coaching platform that tracks key health metrics, including heart rate variability, sleep, respiratory rate and recovery optimisation.

Read: ‘WHOOP 5.0 Is our biggest leap yet’, says founder and CEO Will Ahmed

Whoop users include athletes, health-conscious consumers

The wearable firm’s membership base includes professional athletes, military personnel and health-conscious consumers seeking to improve performance and wellbeing.

The company has raised more than $400m from investors, including SoftBank Vision Fund, IVP and GP Bullhound, according to the disclosure.

Relief for stranded passengers: UAE authorities announce fine exemptions

The decision follows flight disruptions and temporary airspace closures that prevented many passengers from departing the country on schedule

Gulf Business
Gulf Business

05 March, 2026

Relief for stranded passengers: UAE authorities announce fine exemptions
Image credit: Dubai Media Office/Website

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The UAE is waiving fines for travellers unable to leave due to regional flight disruptions since February 28th. This exemption applies to visitors and residents with expired visas/permits due to circumstances beyond their control. Support teams are deployed at airports to assist affected passengers, reflecting the UAE's humanitarian approach and commitment to traveller welfare.

The Federal Authority for Identity, Citizenship, Customs and Ports Security has announced that travellers unable to leave the UAE due to exceptional regional circumstances will be exempt from fines related to delayed departures.

The decision follows widespread flight disruptions and temporary airspace closures that prevented many passengers from departing the country on schedule.

Read more-UAE banks keep digital services running despite disruption

According to the authority, the exemption applies to individuals who were unable to travel because of circumstances beyond their control, including visitors holding visit visas, tourist visas or exit permits, as well as residents who had already cancelled their residency permits in preparation for departure.

The measure was confirmed in a WAM report.

Fines waived from February 28

Officials said the exemption covers fines incurred on or after February 28, 2026, ensuring affected individuals can regularise their legal status without facing additional financial penalties.

“The decision comes in response to circumstances beyond travellers’ control that prevented them from leaving the country on their scheduled dates,” the Authority said, noting that many flights had been suspended or rescheduled due to regional developments.

Authorities added that the initiative reflects the UAE’s humanitarian approach to crisis management and its commitment to supporting visitors and residents during unforeseen disruptions.

Support teams deployed across airports

The authority also confirmed that specialised teams are continuing to operate across airports and Customer Happiness Centres nationwide.

These teams are working under emergency and business continuity plans in coordination with relevant authorities to assist travellers affected by delayed or rescheduled flights.

Officials said the teams are helping facilitate procedures and provide necessary support to passengers facing travel complications.

Commitment to traveller welfare

“The UAE, guided by its deeply rooted humanitarian values and an approach based on tolerance and solidarity, remains committed to providing all forms of support to travellers and visitors during exceptional circumstances,” the Authority said.

The move, officials noted, highlights the country’s reputation as a safe and welcoming destination capable of managing challenges efficiently while prioritising the well-being of those within its borders.

Authorities also urged affected individuals to follow official channels for updates and any regulatory measures related to the situation.

They reaffirmed their commitment to maintaining high levels of readiness to ensure service continuity and continued support for travellers under all conditions.

Dubai toll operator Salik posts 35.1 per cent jump in 2025 revenue

The company said revenue for the year ended December 31 reached Dhs3.10bn, while fourth-quarter revenue rose 26.3 per cent year-on-year

Gulf Business
Gulf Business

05 March, 2026

Dubai toll operator Salik posts 35.1 per cent jump in 2025 revenue
Image: Gety Images

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Salik Company reported a strong 2025 with a 35.1% revenue increase to Dhs3.10bn, driven by new toll gates, variable pricing, and Dubai's economic growth. EBITDA rose 35.8% to Dhs2.14bn. Total chargeable trips reached 639.1 million. Net profit after tax increased 33.4% to Dhs1.55bn, with a proposed dividend of Dhs890.3m.

Salik Company reported a 35.1 per cent rise in full-year 2025 revenue, driven by the addition of new toll gates, the rollout of variable pricing and continued economic growth in Dubai.

The company said revenue for the year ended December 31 reached Dhs3.10bn, while fourth-quarter revenue rose 26.3 per cent year-on-year.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) climbed 35.8 per cent to Dhs2.14bn, with a margin of 69.2 per cent.

Total chargeable trips reached 639.1 million in 2025, including 168.6 million in the fourth quarter, reflecting the full-year contribution of two toll gates launched in November 2024 and the introduction of variable pricing in January 2025.

Chairman Mattar Al Tayer said the results reflected the resilience of the company’s business model and the emirate’s expanding economy.

A strong year for Salik, execs say

“FY 2025 was a year in which Salik went above and beyond in delivering against its strategic priorities, achieving meaningful strategic progress alongside a strong set of financial results,” Al Tayer said.

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Total trips, including discounted journeys, rose 33.6 per cent to 852.7 m during the year, supported by population growth, strong tourism and expanding commercial activity in Dubai.

Toll usage fees, the company’s main revenue source, rose 37.3 per cent to Dhs2.74bn in 2025, including a 27.0 per cent increase in the fourth quarter to Dhs724m.

Revenue from fines reached Dhs280.6m, accounting for 9.1 per cent of total revenue, while tag activation fees increased 14.8 per cent to Dhs46.9m as the number of active registered vehicles grew.

Ancillary revenue rose sharply to Dhs24m, driven by parking payment partnerships with Emaar Malls and Parkonic, as well as insurance-related services through Liva Group.

Chief executive officer Ibrahim Sultan Al Haddad said the results showed the strength of Salik’s operating model and expansion strategy. “Total trips rose by 33.6 per cent year-on-year, while toll revenues increased by 37.3 per cent, reflecting the commissioning of two additional toll gates and the sustained benefit of the variable pricing framework,” he said.

Salik reported net profit before tax of Dhs1.71bn for 2025, up 33.4 per cent, while net profit after tax rose to Dhs1.55bn, also up 33.4 per cent. Fourth-quarter net profit after tax reached Dhs409.6m.

The company said its board had proposed a dividend of Dhs890.3m to be paid in the first half of 2026, including a cash dividend of Dhs782.5m representing a 100 per cent payout of second-half 2025 net profit, along with a special dividend of Dhs107.8m.

AD Ports Group, DP World report normal operations at UAE ports amid regional developments

AD Ports Group and DP World say operations continue as usual, with enhanced safety measures in place

Neesha Salian
Neesha Salian

05 March, 2026

AD Ports Group, DP World report normal operations at UAE ports amid regional developments
Image: WAM/ For illustrative purposes

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Despite regional tensions, AD Ports Group and DP World report normal operations at their UAE ports, including Jebel Ali. Both companies have activated safety protocols and are monitoring the situation closely. AD Ports anticipates a limited impact and potential volume increases globally due to shifting trade routes. Jebel Ali remains a key trade gateway.

AD Ports Group said on Wednesday that operations across its ports, logistics and maritime clusters remain fully operational despite regional developments, while DP World said terminals at Jebel Ali Port are functioning normally.

AD Ports Group said it had activated crisis management and business continuity protocols in coordination with UAE authorities as a precautionary step to safeguard its workforce and partners while maintaining uninterrupted services.

“All UAE ports and terminals managed and operated by the group’s Ports Cluster, in addition to related services, remain fully operational,” the company said in a statement.

The operator added that while vessel traffic through the Strait of Hormuz has declined, leading to an expected drop in ship calls at Khalifa Port, services at the facility will continue without disruption.

The group said most of the 122 vessels in its Maritime and Shipping Cluster, including container, bulk and roll-on/roll-off ships, are operating outside the strait, while those within the Gulf are continuing intra-regional services. It expects the overall impact on operations to remain limited and anticipates potential increases in volumes across its global maritime network as trade routes shift.

“Global trade has historically demonstrated resilience during periods of geopolitical tension,” said Mohamed Juma Al Shamisi, MD and group CEO of AD Ports Group. “Through disciplined execution, operational excellence and proactive risk management, AD Ports Group remains well positioned to support supply chain stability and uphold its commitments to customers across its global network.”

The group continues to closely monitor geopolitical developments and assess any potential implications for maritime routes, supply chains, and global trade flows, it stated.

DP World terminals at Jebel Ali port are operating normally

Separately, terminals at Jebel Ali Port in Dubai are operating normally, DP World said, according to a report published by the state news agency Emirates News Agency (WAM).

“We continue to monitor developments closely and remain in close coordination with the relevant authorities. Enhanced safety and security measures remain in place across the port.

The safety and well-being of our people, customers and partners remain our top priority,” the company said in a statement.

Jebel Ali is the largest port in the Middle East and a major gateway for trade linking Asia, Europe, Africa and the Americas.

The port’s four terminals handle more than 15 million twenty-foot equivalent units of container cargo annually, along with significant volumes of bulk, breakbulk and roll-on/roll-off shipments.

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