The United Arab Emirates (UAE), and in particular, the emirate of Dubai, has a reputation for being a playground for the rich, and one that does not ask too many questions about how wealth has been obtained. That looks likely to continue, despite increasing Western pressure to squeeze Russia financially, turning the UAE into an even more attractive proposition for rich Russians seeking a safe haven for their wealth, and undermining the effort to force Russia to pull back from its invasion of Ukraine.
Abu Dhabi has signalled that it is trying to pursue a balancing act between the United States and its European partners on one side, and Russia on the other.
