Locations
While the United States and the European Union are unified on the issue of Ukraine, the UAE has chosen a neutral posture, which has generated worry in Western capitals. Consequently, the Emirates, in pursuit of long-term economic growth, is taking an “easier” approach to commercial issues, bolstering its position as an international transportation hub connecting Africa, Asia, and Europe. The openness of the Emirati economy has drawn many Russians caught up in Western sanctions, for whom asset transfers in the UAE have become a way out of a financial deadlock, as well as a free platform…
Madi Khalis Maalouf
