Abu dhabi: The United Arab Emirates (UAE) is actively working to reduce tensions with Iran while simultaneously bolstering its military and security ties with the United States and Israel. This diplomatic strategy aims to safeguard the nation's economic and security interests amidst escalating regional tensions. According to Radio Free Europe Radio Liberty, UAE President Sheikh Muhammad bin Zayed Al Nahyan has assigned his brothers, including Vice President Sheikh Mansour bin Zayed Al Nahyan, Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, and National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan, to manage interactions with Tehran. This initiative is designed to ease tensions between the two countries. The diplomatic efforts have included recent phone calls between Mansour bin Zayed and Iranian Parliament Speaker Mohammad Baqer Qalibaf, as well as between Abdullah bin Zayed and Iranian Foreign Minister Abbas Araqchi. These actions follow a memorandum of understanding between Tehran and Washing ton signed on June 12, which prompted the UAE to pursue a policy of de-escalation. The region has witnessed a resurgence of hostilities, with Iran launching missile and drone attacks on several Gulf states. In response, the UAE has sought to avoid direct military conflict with Tehran, a notable shift from earlier phases of the conflict when the country faced numerous Iranian attacks. The situation has also affected the UAE's sizeable Iranian community, as residency permits for many Iranian residents were suspended during the conflict. In recent developments, some permits have been reinstated, although tourist visas for Iranians remain on hold. Economic considerations are a significant factor in the UAE's approach to Iran. Dubai, with its large Iranian population, views Iran as an important trade partner due to its substantial consumer market. A Dubai official emphasized the economic benefits of maintaining trade relations with Iran, noting the challenges of replacing certain goods. Inflation in the UAE, p artly fueled by the conflict, has led the government to implement measures to control rising prices. Despite these challenges, Iranian goods continue to enter the UAE, albeit at higher prices due to the crisis around the Strait of Hormuz. The UAE's diplomatic strategy, described as a bold gamble by The Financial Times, involves cautiously reactivating economic and diplomatic channels with Iran while simultaneously strengthening its military ties with Israel and the United States. This approach reflects Abu Dhabi's balancing act of relying on Western security partnerships while maintaining strategic relations with its influential neighbor across the Gulf.