Russians have helped make Dubai’s property market red hot—again
High energy prices and a Russian influx mean rents and prices are soaring
Too much good news can be a bad thing. Dubai, the commercial capital of the United Arab Emirates (UAE), has had lots of the former in the past two years. Lax restrictions during the pandemic lured expats. Russia’s invasion of Ukraine brought another influx of new residents.
This article appeared in the Middle East & Africa section of the print edition under the headline “Up and out”
From the April 8th 2023 edition
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Israel’s army adopts a high-stakes new strategy: more terrain
It remains present inside Syria, Lebanon, Gaza and the West Bank
The sea is swallowing an African island
In Sierra Leone, adjusting to a warmer climate is getting harder
In a dictator’s palace, Syrians debate a new constitution
Ahmed al-Sharaa will soon have to reveal how sincere he is about the new, inclusive Syria
Could political upheaval hit Jordan next?
Resurgent Islamists and chaos in the West Bank may threaten Jordan’s king
Israel and Hamas have something in common
They both want to avoid a ceasefire collapse, for a few more weeks
How to make cash in Africa’s coup belt
Mining multinationals are learning to do business with juntas