IRAN's Supreme Leader Ayatollah Ali Khamenei Drags Dubai (Abu Dhabi) Into his Mess

Following a joint US-Israeli operation that murdered the regime's Supreme Leader, Iran launched retaliatory strikes on Gulf nations, resulting in numerous fatalities and numerous injuries.

President Donald Trump claims that during a Saturday morning operation, Ayatollah Ali Khamenei and forty members of his senior leadership were assassinated.

Asserting that it had the "right to defend itself," the Iranian dictatorship promptly retaliated, striking many sites in the United Arab Emirates (UAE), including Abu Dhabi and Dubai, as well as the Middle Eastern countries of Bahrain, Kuwait, Qatar, and Jordan. a luxury hotel caught fire during a wave of Iranian retaliatory strikes.

Verified footage showed dense black smoke rising into the sky over the upscale C
Four individuals were injured in the fire, according to Dubai authorities, but it has already been contained. Officials refused to elaborate on the situation.


Online video revealed that the seven-star Burj Al Arab hotel is also on fire. Authorities in Dubai said that the "minor" fire that broke out on the exterior of the well-known hotel was caused by debris from an intercepted drone. There have been no reports of injuries.

A representative said on X that although there was some minor damage to an airport concourse, the situation was "quickly contained."

They stated, "Emergency response teams were immediately deployed and are managing the situation in coordination with the relevant authorities."


"Four employees were hurt, but they were treated right away. The majority of the terminals had already been evacuated of passengers due to pre-existing backup preparations. We'll share more information as it becomes available.

The death of an Asian national was subsequently confirmed.

With tens of thousands of people passing through each day, Dubai International is one of the busiest airports.

Because of the ongoing hostilities, airspace over a large portion of the Gulf Nations remains blocked. It has caused travel mayhem all throughout the world, particularly for Australians.


According to the flight tracking website FlightAware, there have been over 18,000 delays and over 2,350 cancellations worldwide.

Authorities in Dubai also stated that they are attempting to put out a fire at the port of Jebel Ali, which was started by debris from an interceptor.

Attacks have also occurred in Qatar, Bahrain, Kuwait, Jordan, and Abu Dhabi. 

As Dangote Refinery gears up for historic NGX listing , Standard Bank Group, and Vetiva. named for its Advisory services

Indications surfaced yesterday that Stanbic IBTC Capital, a prominent investment bank in Nigeria and a member of the Standard Bank Group, along with First Capital and Vetiva Capital Management, will act as advisory firms for the Dangote Refinery as it gets ready for its historic listing on the main board of the Nigerian Exchange Limited (NGX). 

The refinery's eagerly anticipated NGX listing is anticipated to change the depth and valuation dynamics of the NGX while positioning it to attract substantial interest from both domestic and global investors. 

Alhaji Aliko Dangote, the president of the Dangote Group, revealed last week that Dangote Refinery's shares would be floated on the NGX in the upcoming four to five months.

This was disclosed by Dangote when Bayo Ojulari, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), and other senior officials of the state-owned oil company toured the refinery. This year, Dangote announced a historic proposal to float a 10% share in his $20 billion refinery on the NGX. 

He added that in order to provide a hedge against the ongoing difficulties caused by currency volatility, the company is currently in talks with market regulators to enable future dividend payouts in US dollars. In order to finalize the structure for the proposed initial public offering (IPO), Dangote emphasized that his team was working closely with the Securities and Exchange Commission (SEC) and the NGX. 

Remarking on advisory firms' names

The Chief Operating Officer of Investdata Consulting Ltd. commented on the names of advisory firms included on NGX in the Dangote Refinery listing. 

According to Mr. Ambrose Omordion, the three companies have been instrumental in the Exchange's significant listing over the years. He went on to say that these companies may serve as advisors to help make the NGX listing a reality.