How Dubai’s Safe-Haven Status Is Being Tested
In this Bloomberg Originals weekly documentary, we explore the city’s previous bouts with crisis, and how it might emerge from this one.
Photo Illustration: Christian Capestany
For decades, Dubai was seen as a safe haven for the global economy, attracting money and talent from all over the world. But as the city’s residents now witness Iranian missiles and drones being intercepted overhead, that image may be starting to crack.
Thousands of people have died in Iran and Lebanon in the war begun by the US and Israel on Feb. 28. Iran’s retaliatory strikes have hit US allies across the region, killing dozens more, with the United Arab Emirates being one of the most targeted. In this Bloomberg Originals weekly documentary, we look into the impact the war has had on Dubai, and analyze the potential consequences for the city’s status as a safe haven.