How come dubai hasn’t experienced any sanctions yet? They’ve been laundering everything for ages, esp Russian oil. How are they so immune to this?
And Qatar is sponsoring and hosting Hamas. Everyone looks the other way, where billions of dollars are.
They are stable and predicable. If you lend them some money, you can expect to still have it next year.
Not calling Dubai the devil but you could make deals with the devil if the devil was known to religiously fulfill his contracts.
There are a lot of places where you don’t know whether their currency or political system could be rocked next year.
The UAE is pretty good at playing both sides so they always come out ahead. They act as a key diplomatic intermediary and host a major US military base which is essential to projecting power in the region.
the CIA hired the mafia to assassinate castro in the 60s. these things are not so black and white. stated goals are often independent of behavior
> How come dubai hasn’t experienced any sanctions yet?
The UAE has crafted itself as a new Switzerland. (Qatar is trying to copy, but clumsily.)
They buy American weapons and financial assets, making them influential. They’ve also established themselves as a logistics hub in an important logistics channel to the West and Asia. (They also pitch their balancing effect on Saudi Arabia skillfully.)