Dubai
Dubai airport passenger traffic drops 66% in March on Iran war
The development of the emirate’s Dubai World Central airport continues to progress
As war unsettles the Gulf, wealthy families reassess where to place capital and relocate
The UAE has long drawn mobile wealth and global talent, but investors may now be considering Singapore and Hong Kong
Dubai home prices drop for first time since post-pandemic boom
Fall in March is an indication of the Iran war’s immediate impact on real estate in the city
Luxury brands face profits squeeze as Iran conflict shrinks Dubai mall sales
Getting back to normal will take months for the hub
Six Dubai real estate bonds fall into distress as war rolls on
They represent about 15% of US dollar real estate bonds in the Middle East
‘First meaningful stress test’: Asia family offices weigh exit as Gulf conflict shakes Dubai’s wealth-hub allure
There has been an increase in inquiries to repatriate assets to Asia, especially Singapore
In Dubai, the world’s luxury brands face a wartime crisis
Sales in the Middle East will be cut in half in March amid a sharp drop in foreign visitors, a report finds
Dubai property sector shows early signs of weakness
Some properties are already being offered at big discounts
Emirates flying near-empty jets to Dubai as locals depart
Flights from destinations in the US and continental Europe have been impacted the hardest
Fire near Dubai airport under control after drone attack, flights suspended
Gulf Arab states have faced more than 2,000 missile and drone attacks since Feb 28