· · 2 sources

Iranian goods still flow into Dubai markets despite official trade suspension

Dubai merchants continue to source Iranian products like saffron and nuts even after the UAE suspended formal trade with Tehran last month.

Iran's economic ties to Dubai hard to break despite war
File photo Iran's economic ties to Dubai hard to break despite war Photo: Business Recorder

Official trade halt remains in place

The United Arab Emirates announced a suspension of trade and financial exchanges with Iran last month. Iranian officials responded to American attacks by targeting the US-allied country and tightening control over the Strait of Hormuz.

Local shops keep traditional stocks

Grocery store owner Morteza Asaadi says certain Iranian products have become scarcer while prices have soared since the conflict began. Most traditional foodstuffs such as nuts and zereshk remain available in old Dubai markets despite the tensions.

Wholesalers use alternative routes

Two anonymous wholesalers confirmed they are still sourcing goods from Iran, notably via Omani ports. Air links have resumed to bring saffron from Mashhad after a brief interruption earlier this year.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Business Recorder
  • Dawn

Reported by

2 independent outlets. Headlines as published. Links open the original report.