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Wealthy Russian investors are snapping up luxury properties in Dubai amid Western sanctions, a report says
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Wealthy Russian investors are snapping up luxury properties in Dubai amid Western sanctions, a report says

Wealthy Russians are flocking to Dubai’s real estate market as Western sanctions prompt them to look at alternative destinations for their luxury property purchases, The Observer reported on Saturday. Individuals with money tied to Russian financial institutions have been purchasing properties and leasing apartments in Dubai, which has not imposed financial sanctions against Russia in the weeks...

Flemish Environment Minister to skip COP28 and takes a dig at Dubai
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Flemish Environment Minister to skip COP28 and takes a dig at Dubai

After boycotting COP27 in Egypt due to concerns about the human rights situation there, Flemish Environment Minister Zuhal Demir has already confirmed she will not be attending next year’s climate summit in Dubai, either. On Wednesday, Demir announced she will not be attending the 28th UN climate conference (COP28), which will be hosted by the United Arab...