Ahead of their Monday Night Football clash against Leicester, with Arsenal looking to get their 10th consecutive win, Emery spoke on Ozil's global retirement and said.
The North London outfit moved just two points behind league leaders Manchester City following the win.
Leicester's spot-kick claim came when Holding raised his arm above his head and clearly handled as he jumped to meet Jamie Vardy's flick-on, yet referee Christopher Kavanagh waved play on.
The Foxes deservedly took the lead in the 31st minute, and might argue they should already have been awarded a penalty when Rob Holding appeared to intentionally handle the ball.More news: Israel Supreme Court sides with American student facing deportation
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Although Emery's side retained the kind of troubling porousness at the back that proved decisive in their opening two tests of the season, the performance of Mesut Ozil tonight will likely overshadow such concerns - until its probably too late, of course, but that's as much a part of the "Arsenal" we remember anyway.
Ndidi led the Leicester response with a powerful header that rattled the bar from James Maddison's corner.
Aubameyang was in the right place at the right time again in the 66th minute as Arsenal conjured up another incisive raid.
The German opened up Leicester's defence as he found Bellerin who found Aubameyang who found the back of the net.
Lacazette had another super chance in the 84th minute when Iwobi delivered low into the Frenchman, but the centre-forward fired over the crossbar.