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Dubai and Abu Dhabi's Haven Status Tested by Middle East Crisis

Dubai and Abu Dhabi's Haven Status Tested by Middle East Crisis

Bloomberg3 days ago

The United Arab Emirates has managed to thrive during global instability, drawing capital during the Arab Spring, opening up quickly during the pandemic and attracting Russian money after Moscow's invasion of Ukraine.
But the Iran-Israel confrontation, which involved the US, poses one of the most stringent tests yet to the country's neutral and open-for-business stance.

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Gulf states fear an unrestrained Israel will hurt fragile ties with Iran
Gulf states fear an unrestrained Israel will hurt fragile ties with Iran

Washington Post

timean hour ago

  • Washington Post

Gulf states fear an unrestrained Israel will hurt fragile ties with Iran

ISTANBUL — Iran's missile strike targeting a U.S. air base in Qatar this week could have imperiled the effort by Persian Gulf monarchies in recent years to ease Tehran's isolation on the grounds that it would make the region more secure. But the attack — retaliation for U.S. airstrikes on Iranian nuclear facilities — came after Iran had provided a warning, and the 19 missiles did no damage to Qatar or the air base. The missile barrage prompted full-throated condemnations from gulf states, but not much more, suggesting that their warming ties with Iran had provided some protection, and might endure.

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