Safe Haven Dubai Gains as Middle East Turmoil Disrupts Lives
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Imad Awad, a 45-year-old financial controller for oil-field equipment-supplier Weatherford International Ltd. in Libya packed his bags and moved with his family to Dubai after protests erupted there.
Awad, a Palestinian with Jordanian nationality, was one of almost 200 staff and family that Geneva-based Weatherford relocated from the Libyan capital of Tripoli in mid-February. About 15 executives moved to Dubai with their families and the rest to other locations in the Gulf or their home countries.