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Trade Trumps Tension as Dubai Leads Gulf Reset

The UAE is stepping back from political conflicts to refocus on the economy. 

The Dubai International Financial Centre in Dubai, United Arab Emirates.

The Dubai International Financial Centre in Dubai, United Arab Emirates.

Photographer: Christopher Pike/Bloomberg
Updated on

Fatma Emrem’s phone has been ringing non-stop since the United Arab Emirates and Turkey repaired ties. A partner at Tamim Consulting, Emrem advises mostly Turkish companies setting up in the UAE commercial capital, Dubai.  

“Their main question is how confident should we be that good relations will continue,” she said. “They’re encouraged by recent reforms and lower company setup costs but they want to be sure politics won’t disrupt their business in the future.”