# UAE economy: On the verge of collapse or on the way to recovery?

https://mins.news/en/item/24430

- DW, 2026-08-17 17:46 UTC
- Economy
- Original: https://www.dw.com/en/uae-economy-on-the-verge-of-collapse-or-on-way-to-recovery/a-78402980?maca=en-rss-en-all-1573-rdf

> The Iran war has hurt the UAE as residents leave and tourists cancel trips, with Dubai hotel occupancy plunging from 80% to about 10%. Authorities say recovery is under way and have offered incentives and roughly $680 million in support for affected sectors. But job cuts, weaker investment, inflation, falling property prices and risks linked to the Strait of Hormuz remain concerns.

## Related coverage

- [Iran-UAE trade lifeline at risk after missile claim and naval blockade](https://mins.news/en/video/26364) — Al Jazeera English, 2026-08-19
