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Dubai and Abu Dhabi’s haven status tested by Middle East crisis
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In Dubai, bankers were quick to relay optimism that the UAE would sidestep any major fallout.
PHOTO: AFP
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DUBAI – The United Arab Emirates has managed to thrive during global instability, drawing capital during the Arab Spring, opening up quickly during the Covid-19 pandemic, and attracting Russian money after Moscow’s invasion of Ukraine.
But the Iran-Israel confrontation
