Dubai

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

The UAE’s real estate boom has mirrored Dubai’s rise, but there have been concerns that the market is headed for a slowdown after five years of rising prices.

Dubai property sector shows early signs of weakness

Some properties are already being offered at big discounts

Emirates says that it will continue to restore its network at pace, provided it can do so safely.

Emirates flying near-empty jets to Dubai as locals depart

Flights from destinations in the US and continental Europe have been impacted the hardest

The US-Israel war against Iran has thrown global aviation into turmoil, with flights cancelled, rescheduled and rerouted, while the crisis sends fuel prices soaring.

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

In aviation, airspace is more than infrastructure, it is a strategic asset – and, in times of crisis, a potential front line.

When airspace becomes the front line

Global aviation faces three possible recovery paths from the US-Israel-Iran conflict

The war in the region has dented Dubai’s sales pitch to international businesses as the region’s most reliable economic hub.

Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow

The moves come after Iran threatened to target US and Israeli banks in the Gulf region

The airline said the flights have been cancelled due to "the geopolitical situation in the Middle East".

More SIA flights to and from Dubai cancelled due to Middle East conflict

The extended cancellations follow an initial announcement on Mar 1

Dubai’s appeal is that it is a safe, modern and prosperous oasis, a gleaming corner of stability in a turbulent region. The Iran conflict threatens this.
THINKING ALOUD

Who says influencers contribute nothing to society?

Dubai calculates that they are worth billions; fingers crossed that hasn’t changed

Such relocations, even if temporary, can be complicated and come with tax implications.

Wall Street banks offer UAE staff option to relocate temporarily

Foreigners account for about 90% of the country’s population

Dubai alone is home to family offices that control more than US$1.2 trillion.

Asia’s ultra-rich having second thoughts on Dubai as war rages

The city’s stunning growth has lured the global rich, along with a clutch of banks and Wall Street money managers