5,818.47Dubai Financial Market · Oct. 9 close · +0.33%

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3.6725USD/AED · official pegged rate (not a live rate)
DFM General5,818.47▲0.33%10/9USD/AED3.67-0.00%10/9S&P 5007,811.54▲0.59%10/9WTI$91.85▲0.39%10/9Gold$4,216.30▲1.43%10/9
UAE · Security · AviationNew ✓ 6 outlets · the new accounts come from Israeli officials

Israeli officials: flydubai co-pilot planned the attack before he was hired and intended to crash into Ben Gurion airport; the UAE has not confirmed

What the UAE prosecution has announced remains an assault, an attempt to seize control and a terrorist act. The advance planning and the crash target come from Israeli officials and a source familiar with the investigation, and no formal charges have been announced.

Reuters cited two Israeli officials and a third source familiar with the UAE investigation as saying that flydubai co-pilot Humam al-Hamami told investigators he planned the attack before the company appointed him, and that he applied to flydubai after searching for companies that operate flights to Tel Aviv, according to NPR, Dawn, Al-Monitor and L’Orient-Le Jour. The third source said he intended to bring the plane down on Ben Gurion airport, and that he operated a flight to Tel Aviv this year and intended to hijack a plane and bring it down but changed his mind.

The UAE authorities have not published these details or announced formal charges, and Attorney General Hamad Saif al-Shamsi continues to say the investigation is ongoing and describes the incident as an attempted terrorist act. A Guardian headline on October 9 said the UAE prosecution stated he had planned a suicide attack, and we found no UAE statement to that effect. US Vice President JD Vance said he has so far seen no conclusive evidence of an Iranian role. According to the source, he is thought to have acted alone.

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By the numbers
0formal charges announced so far
2Israeli officials cited by Reuters
3sources the pre-planning account rests on
Saudi Arabia · Aviation · SecurityPress ✓ 5 outlets · the toll comes from Saudi authorities

Saudi Arabia: three killed in Houthi attack on Riyadh airport, and Europe widens its airspace warning

Saudi authorities said on Friday, October 9, that three people were killed in a Houthi attack on Riyadh airport, according to Reuters and the Associated Press, and Yonhap reported that the dead include a captain at Saudia. The European Union Aviation Safety Agency widened its warning on Saudi airspace, after Lufthansa and Indian airlines suspended their flights. We do not know how the toll relates to Saudi Arabia’s October 7 announcement that three were killed in attacks on the Riyadh and Abha airports.

Britain at the Security Council condemned the Houthi escalation “without reservation,” and the Saudi-led coalition announced a broad operation against Houthi capabilities in Yemen, according to Financial Juice. A projectile hit a ship in the Strait of Hormuz on October 9, according to the UK Maritime Trade Operations.

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Markets · Dubai and Abu DhabiPress ✓ 4 reports · figures from closing reports

Dubai Financial Market rises 0.33% to 5,818.47 points at the week’s close, but lost 1.4% over the week

The Dubai Financial Market General Index closed on Friday, October 9, up 0.33%, or 19.24 points, at 5,818.47 points, for a second straight session, supported by real estate and banks, according to Al Khaleej and Emarat Al Youm. Its market value rose to 968.55 billion dirhams, and the market gained about 5.6 billion dirhams in the session, according to Emarat Al Youm.

Over the week the index lost about 83 points, or 1.4%, from the previous week’s close of 5,901, its second weekly decline, while the Abu Dhabi index ended at about 9,795.67, down 1.78%, according to Al Khaleej. The consumer services sector led the decliners with 3.8%, followed by the financial sector with 2.3%.

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Oil · Russia · United StatesPress ✓ 6 outlets · figures attributed to Trump and Novak

Trump: Russia will pump 300,000 tonnes of diesel onto markets immediately, and Kyiv calls it an “investment in the war”

Trump said on Friday, October 9, that he had a successful call with Putin and that Russia will put diesel on US and global markets. In a Truth Social post he cited 300,000 tonnes immediately, 500,000 in November, a million after that and three million “soon,” depending on the capacity of Russian refineries, and Alexander Novak said diesel export restrictions are being lifted immediately and that the million-tonne batch is due in December, according to Reuters, the Associated Press, the BBC and the Financial Times.

The Office of Foreign Assets Control issued a temporary general license for Russian diesel until April 7, 2027. The Kremlin said the call lasted 90 minutes and focused on Ukraine and touched on Iran, and that Putin will consider when to resume peace talks. Zelensky said the step was an “investment in the war.” Brent settled at $104.72 (+0.42%), according to reports, and the diesel price in the UAE stayed at 4.80 dirhams for October.

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World · International lawPress ✓ 6 outlets · the US statement is attributed to Rubio

Nobel Peace Prize goes to Navi Pillay, and hours later Washington imposes sanctions on the International Criminal Court itself

The Nobel Committee announced on Friday, October 9, that Navi Pillay, the former South African judge at the International Criminal Court and former UN High Commissioner for Human Rights, won the 2026 Nobel Peace Prize. Hours later US Secretary of State Marco Rubio announced sanctions on the court, calling it a “rogue court,” according to Reuters, the Associated Press and the BBC. Reuters says the measures are broader than the previous ones and could penalise companies that provide services to the court.

The reports link the step to the court’s arrest warrants for Benjamin Netanyahu and Yoav Gallant. A prosecutor at the court condemned the sanctions and said it will continue its work, and the foreign ministries of Britain, Canada, Denmark, France, Germany, Italy, Japan and the Netherlands issued a joint statement in support of it. Trump shared a Truth Social post criticising the Nobel Committee and the laureate, according to a post-archive site.

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In brief
  • S&P 500 closed at 7,811.54, gold at 4,216.3 and West Texas Intermediate at 91.85Market data
  • FTSE 100 rises 1.06% to 10,552.05BBC
  • Abu Dhabi market ends the week down 1.78% at 9,795.67Al Khaleej
  • UAE stresses at the sixth UN council the need for full implementation of binding resolutionsAl Khaleej
  • UAE ranks sixth worldwide in exposure to cyber activity in the first half of 2026Al Khaleej
  • UAE National Guard rescues 22 people from an oil tanker fire in the Arabian GulfAl Khaleej
  • Ukraine: Russian strike kills civilians, and Kyiv says diesel is an “investment in the war”Reuters
Seven minutes every morning, one front page

Unverified — what we could not confirm

“The UAE prosecution announced that the co-pilot planned a suicide attack on Ben Gurion airport.” We found no UAE statement to that effect. The source of the details is Israeli officials and a source familiar with the investigation cited by Reuters, and some headlines attributed it to the prosecution.
“Trump lifted the sanctions on Russia entirely.” Inaccurate. A temporary general license was issued for Russian diesel until April 7, 2027, and there is no blanket lifting of sanctions.
“The International Criminal Court was shut down after the sanctions.” False. A prosecutor at the court said it will continue its work, and eight foreign ministries backed it in a joint statement.

Influencer watch

  • Donald Trump, US President Truth Social · 10/9Trump posted that Russia will immediately supply over 300,000 tons of diesel to the American and global marketplace.
  • Donald Trump, US President Truth Social · 10/9Trump shared a Truth Social post criticising the Nobel Peace Prize committee and the laureate.

Statements as posted, not fact-checked.

Glossary · dotted words — economic, security and political terms explained in the context of the story. The list grows every day.
INSIDEIsraeli officials: flydubai co-pilot planned the attack before he was hired and intended to crash into Ben Gurion airport; the UAE has not confirmedUAE · Security · AviationSaudi Arabia: three killed in Houthi attack on Riyadh airport, and Europe widens its airspace warningSaudi Arabia · Aviation · SecurityDubai Financial Market rises 0.33% to 5,818.47 points at the week’s close, but lost 1.4% over the weekMarkets · Dubai and Abu DhabiTrump: Russia will pump 300,000 tonnes of diesel onto markets immediately, and Kyiv calls it an “investment in the war”Oil · Russia · United StatesNobel Peace Prize goes to Navi Pillay, and hours later Washington imposes sanctions on the International Criminal Court itselfWorld · International law