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06.03.26 - 17:33
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Iran′s Financial Hub, The UAE, May Freeze Billions In Assets Over Retaliatory Strikes (ZeroHedge)
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Iran's Financial Hub, The UAE, May Freeze Billions In Assets Over Retaliatory Strikes
The United Arab Emirates is pissed after Iran targeted Dubai and other US allies with over 1,000 drones and missiles in retaliation for US-Israeli attacks over the last week - and is now weighing freezing billions of dollars in Iranian assets held in the Gulf state, according to the WSJ, citing people familiar with the discussions. If that happens, it could sever one of Tehran's most vital economic lifelines.
A black plume of smoke rises from a warehouse at the industrial area of Sharjah City in the United Arab Emirates following reports of Iranian strikes in Dubai, United Arab Emirates, March 1, 2026. (AP Photo/Altaf Qadri)
For years, the United Arab Emirates has functioned as a financial hub for Iran, including wealthy individuals, businesses, and accounts associated with the Islamic Revolutionary Guard Corps (IRGC). While some of that (if not most) is legitimate business, the UAE has also been ...
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06.03.26 - 12:18
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WHO setzt nun auf Luftfracht aus dem Materiallager in Dubai (DPA-AFX)
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GENF (dpa-AFX) - Die Weltgesundheitsorganisation (WHO) will wichtiges medizinisches Material aus einem ihrer größten Logistikzentren in Dubai nun per Luftfracht verteilen. Die Aktivitäten liefen nach einer Schließung nun wieder an, örtliche Behörden hätten ......
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06.03.26 - 09:12
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Influencers sold the world a fantasy Dubai – and now it′s gone in a puff of missile smoke | Gaby Hinsliff (The Guardian)
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The city was portrayed as an aspirational place to live, but now those who moved there are realising the precarity that comes with being an economic migrantTo be fooled by a mirage, you needn't be lost in the desert. Sometimes, the illusion is strongest just when you thought you were safely home, posting from the pool about your teenage daughter's spa party and your own glittering life in a city where “the possibilities are endless”, as they tend to be for billionaires' daughters living in tax havens. Only then does the fantasy explode in a puff of intercepted missile smoke, leaving just another woman in her pyjamas telling Instagram (as Petra Ecclestone did at the weekend) that she moved to Dubai “to feel safe” and war was never mentioned in the small print.Who could have guessed that living a few hundred miles as the drone flies from Tehran might have risks? Certainly not the anonymous hedge funder who fumed to the Financial Times that “the trade was not that you were getting exposed to geo...
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