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Radio France Internationale
Radio France Internationale
World
RFI

Dubai’s thriving global financial hub faces wartime stress test

The Burj Khalifa (left), the world’s tallest skyscraper, and the Burj Al Arab hotel rise above Dubai’s skyline, pictured on 11 March, 2026. AFP - FADEL SENNA

In the space of just three decades, Dubai has built itself into one of the world’s major financial hubs – a magnet for global banks, investors and wealthy expatriates. But the war in the Middle East is testing that success, raising questions about whether the flows of capital, trade and tourism that fuel its economy can hold if the conflict spreads.

The emirate is not only a symbol of luxury and spectacle, it has also become a key centre for finance and international commerce in the Gulf, attracting companies and wealthy individuals from around the world.

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