All tagged Mohammad bin Zayed
Most of the questions around the JCPOA’s economic prospects revolve around whether European companies will bother to engage in the Iranian market given the challenging experience of the last few years. But there is another trade relationship that arguably matters more.
Leaders in the United Arab Emirates are eyeing an economic windfall should the Biden administration succeed in its effort to return to Iran nuclear deal. But they have not waited for the lifting of sanctions to begin earning billions from Iran.
◢ During the last financial crisis, capital flight from Iran offered a hidden bailout for Dubai as global investors pulled back. With a new crisis on the horizon, Iranian business leaders are wondering—how long can Abu Dhabi afford to freeze them out?