READY. Dr. Daffodils Guevarra poses for a photo.READY. Dr. Daffodils Guevarra poses for a photo.

OFWs in the Gulf: Here for the long haul amid war on Iran

2026/03/08 13:30
6 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

DUBAI, United Arab Emirates – It was past 8 pm. The phones started blaring a bombing alarm. A message came from the government: “Due to potential threats, seek shelter… UAE air defenses are currently responding to incoming missile and drone threats from Iran.”

For a second or so, people froze. After getting their senses back, some went inside malls or other buildings, looking up for falling debris. In a few minutes, it was over.

It was Thursday, March 5. In the morning, around 11 am, the alarms blared again. People went into run-for-cover or look-up-for-falling-debris mode.

Play Video OFWs in the Gulf: Here for the long haul amid war on Iran
The life after

Life has dramatically changed a week after the US and Israel bombed Iran, which retaliated by hitting targets in Gulf countries. It has been a tit-for-tat barrage of missile and drone attacks since.

The civilians, including UAE’s approximately one million Filipinos, scamper for safety whenever interceptions ensue. 

According to a March 5 advisory from the UAE Ministry of Defense (MOD), seven ballistic missiles were detected, six of which were intercepted and destroyed mid-air, while one fell in the country.

Some 131 drones were also detected, the ministry said, of which 125 were intercepted while six fell within the UAE territory.

The ministry said 196 ballistic missiles launched toward the UAE have been detected since Iran’s retaliatory actions began on February 28, with 181 destroyed, 13 falling into the sea, and two landing within UAE territory.

A total of 1,072 Iranian drones had also been detected, of which 1,001 were intercepted, while 71 fell within the country, according to the MOD. 

Eight cruise missiles were also detected and destroyed, it added.

The attacks resulted in three fatalities – a Pakistani, Nepali, and Bangladeshi – as well as 94 minor injuries, including a Filipino, MOD said.

According to a study by The National, a media organization, the UAE has received the most number of drone and missile attacks at 812 and 194 respectively from Feb. 28 to March 4.

Not faltering

Migrant Workers Secretary Hans Leo Cacdac said in a recent press conference that Filipinos in the UAE prefer to stay despite the bombings because “work disruption has not been that bad” and they “still have jobs.” He added that the UAE government is protecting both locals and expatriates, so “life pretty much goes on.”

“They could have whole a variety of reasons…many of them still have work, if were looking at Abu Dhabi, life goes on as usual, nagtatrabaho pa rin sila (they still go to work). Sa Dubai, meron nang mga work from home (In Dubai, there already is work from home). But work continues, work goes on, it could be one reason, the work disruption has not been that (bad). So, they still have jobs, that could be one reason,” Cacdac said.

He added: “I think that also says something about the protocols that the host country is affording them. In the UAE, life pretty much goes on. Of course, they hear the bombings, they hear the attacks, notwithstanding that, they know the government is there to protect them.”

Jasmine Lantay, an office administrative staffer who lives near Dubai International Airport, is always ready in case anything happens.

Kaya nga ako, kapag papasok sa work, lagi akong may dalang pang-dalawang araw ng damit. Dala ko rin ang passport ko,” said Lantay.

(That’s why I always bring two days of clothing whenever I go to work. I also have my passport with me.)

Most others have a backpack stashed somewhere in their homes, packed with essentials and ready to pull out should the situation worsen.

Ericson Reyes, president of the Filipino Social Club (FILSOC), an aggrupation of various Filipino organizations, said he trusts that the UAE government can protect the country.

Kahit na nakakasanayan na natin ang mga alerto, mahalaga na huwag tayong maging kampante. Ang pagiging handa ay hindi pagpapakita ng takot, kundi pagpapakita ng talino at disiplina,” he said.

(It’s important not be complacent even if we have gotten used to the phone alerts. Preparedness is not showing fear, instead it is sowing wisdom and discipline.)

Michelle David, a hotel executive, said they report for work every day. “Everything goes on,” she said.

Adult, Female, PersonREADY. Dr. Daffodils Guevarra poses for a photo.

Dr. Daffodils Guevarra, who has been a practicing doctor in Dubai for 17 years and branch manager of the hospital she works in, said the conflict is “kind of developing into a regional war.”

“Western media says we are being forced to speak a narrative. Kasi daw paulit-ulit and consistent- that we are safe and calm and largely lead normal lives. Eh, totoo naman kasi – it’s the truth!” she said.

(Because we are consistent that we live normal lives. It’s the truth.)

Impact on mental health

Guevarra said she is working on her mental health. “Listening to calm music, watching feel-good movies, eating food that makes me feel good. Also, it helps to talk to people. Sense of community.”

“Aside from talking about normal stuff, we also talk about preparedness like ‘What’s in your go-to bag, where to go if things go south, let’s go together, what to buy? What do you have?’” she added.

Guevarra said they have started using two-way radios, too.

Manny Esquivel, a restaurant manager at a five-star hotel, said they are busy with the iftar bookings. Iftar is dining to break the daylong fast during this month of Ramadan.

“The restaurant is busy, especially the iftar service; the rest is quiet,” he said.

Sally Mallari, a personal assistant to an Emirati businessman, who had earlier cautioned people to “avoid windows and open areas,” described the situation as it is: “The… situation is still uncertain. Over the past few days, it’s been relatively quiet during the mornings, but after Iftar, there have been alarms again. Compared to the first few days when everything started, things seem a bit calmer, but it’s still hard to say what will happen next. Everyone is hoping for a more stable and peaceful environment, but for now, we really can’t tell. Hoping for better days ahead and for this situation to finally end.”

Filipinos, other nationalities, and locals are here for the long haul while the war drags on. – Rappler.com

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Who is Mojtaba Khamenei, Iran’s new supreme leader?

Who is Mojtaba Khamenei, Iran’s new supreme leader?

And would he bring change — or more brutal suppression?
Share
Rappler2026/03/09 11:32
S&P 500 under pressure as funds add shorts on Iran risk

S&P 500 under pressure as funds add shorts on Iran risk

The post S&P 500 under pressure as funds add shorts on Iran risk appeared on BitcoinEthereumNews.com. Iran war market impact: U.S. stock market crash risk, hedge
Share
BitcoinEthereumNews2026/03/09 11:14
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25