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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Iranian Missile Attack Intercepted
The United States successfully intercepted a missile attack launched by Iran targeting a US military base in Jordan. The attack, which occurred on July 29, 2026, involved multiple ballistic missiles fired by Iran's Islamic Revolutionary Guard Corps. All missiles were intercepted without causing any casualties or damage, according to the US Central Command.
## US and Saudi Arabia Respond
In response, US forces, in collaboration with Saudi Arabia, conducted strikes on sites in Iraq linked to Iran-backed militias. These militias were reportedly responsible for recent drone attacks on Saudi oil facilities. The Saudi Ministry of Defense emphasized that the strikes were a deterrent measure.
## Rising Tensions in the Middle East
The incident marks a significant escalation in tensions between the US and Iran, following a brief period of calm. This development comes amid ongoing negotiations between the US and Iran, which US President Donald Trump recently described as "very friendly."
## Impact on Oil Prices
Following the missile interception, oil prices surged by over three percent, reflecting market concerns over the stability of the region. The price of West Texas Intermediate rose to $82.17 per barrel, while Brent crude increased to $86.94.
## Regional Reactions
The United Arab Emirates condemned the attack on Jordan, calling it a violation of Jordanian sovereignty. Meanwhile, Saudi Arabia reported intercepting drones launched by Iran-backed groups in Iraq, targeting its oil infrastructure for the second consecutive day.
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