( ) -q-21- UNDATED (Correspondent Jeremy House) “friendly visa system.” As conflict casts a shadow across the Middle East, people are getting rich in Dubai. [CutID: <Cuts> DUBAI-WEALTH-house-q-FRIam.mp3 Time: 21s Title: DUBAI-WEALTH-house-q-FRIam Out-cue: friendly visa system] TAG: Correspondent Jeremy House reporting. Dubai is positioning itself as a safe haven in a region that’s resting on […]
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Amid Mideast conflict, Dubai booms with an influx of anxious wealth
( ) -q-21- UNDATED (Correspondent Jeremy House) “friendly visa system.”
As conflict casts a shadow across the Middle East, people are getting rich in Dubai.
[CutID: <Cuts> DUBAI-WEALTH-house-q-FRIam.mp3
Time: 21s
Title: DUBAI-WEALTH-house-q-FRIam
Out-cue: friendly visa system]
TAG: Correspondent Jeremy House reporting. Dubai is positioning itself as a safe haven in a region that’s resting on a knife’s edge following the assassination of Hamas leader Ismail Haniyeh in Iran.
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VERBATIM: Years after a momentary slump in the early days of the COVID-19 pandemic, the desert sheikdom’s economy is buzzing with tourism and construction. Dubai has a long history of indirectly benefiting from crises in the region. When the ultra-wealthy worry about turmoil, the city offers stability, low taxes and a friendly visa system.