U.S.-Iran Tensions: A U.S. Army Apache helicopter crashed early Tuesday near the Strait of Hormuz off Oman; Trump said the two crew members were “fine” and the U.S. will issue a report. Energy Security: With the waterway under strain, Iraq and the UAE are pushing faster pipeline plans to cut reliance on Hormuz. Abu Dhabi Finance & Markets: Dubai Islamic Bank priced a $1bn perpetual non-call six-year AT1 sukuk at a 6.250% profit rate, with strong demand. Tech & Safety: Abu Dhabi-based KIDZONET and Ocean Tel launched the UK’s first child-protection eSIM, embedding protection at the connectivity level. Property & Construction: Alef Group officially launched Sharjah’s AED4bn Linar waterfront residential project, while Albaddad unveiled its $1.9bn New Botswana City development. Business & Policy: UAE’s FTA expanded VAT refunds for Emiratis building new homes, with an expected AED200m in savings.