The UAE’s bold gambit on Iran
As a fragile ceasefire takes hold, the UAE navigates a delicate balance between reviving economic and diplomatic ties with Tehran and doubling down on strategic defence partnerships with Israel and the US.
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The UAE and Iran have sought to ease tensions, with the UAE seeking to return to a semblance of normality after its biggest crisis since independence in 1971.
PHOTO: AFP
Andrew England and Nicolas Parasie
Five months after the threat of Iranian drones emptied Dubai’s financial district, the high-rise offices that are home to thousands of international bankers and asset managers have filled up again.
Traditional dhows are once more sailing the Gulf’s turquoise waters to ferry goods to Iran from Dubai ports.
