Iranian Missiles Shake Gulf Finance Hubs’ Image of Stability
Bloomberg Television·2026-03-06 18:16
The world's financiers are facing the biggest test of their resilience under missile fire. Dubai and Abu Dhabi branded themselves as global financial centers. Low taxes, political stability, open access.The money flooded in. The UAE, Saudi Arabia, and Qatar channeled billions into global deals. Dubai property prices have climbed more than 70% since 2019.It's now one of the world's top markets for homes worth more than $10 million. Financi has left behind high tax hubs like London. They accepted market risk, ...