Dubai Remains Open for Business Despite Regional War, Says Official
Hadi Badri, CEO of Dubai’s Economic Development Corporation, affirmed that Dubai remains fully operational and open for business despite the ongoing war between the US, Israel, and Iran. Speaking at the Semafor World Economy Summit in Washington, Badri described the situation as a 'surreal moment' but emphasized that core infrastructure, including airports, power, and telecommunications, functions without disruption. Daily life continues with 500 daily flights and normal domestic spending levels, which remain close to pre-conflict figures. Badri characterized the impact as primarily psychological, noting that foreign direct investment commitments for 2026 and 2027 remain strong, with several US deals nearing completion. He also confirmed the safety and continued economic participation of Dubai’s Iranian community, prioritizing resident and tourist security. Although bilateral trade with Iran, estimated at $27 billion, halted after the conflict began on February 28, Dubai views the crisis as a temporary speed bump. The emirate aims to leverage this period to address internal improvements while maintaining its status as a stable global hub.
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Dubai Remains Open for Business Despite Regional War, Says Official
Hadi Badri, CEO of Dubai’s Economic Development Corporation, affirmed that Dubai remains fully operational and open for business despite the ongoing war between the US, Israel, and Iran. Speaking at the Semafor World Economy Summit in Washington, Badri described the situation as a 'surreal moment' but emphasized that core infrastructure, including airports, power, and telecommunications, functions without disruption. Daily life continues with 500 daily flights and normal domestic spending levels, which remain close to pre-conflict figures. Badri characterized the impact as primarily psychological, noting that foreign direct investment commitments for 2026 and 2027 remain strong, with several US deals nearing completion. He also confirmed the safety and continued economic participation of Dubai’s Iranian community, prioritizing resident and tourist security. Although bilateral trade with Iran, estimated at $27 billion, halted after the conflict began on February 28, Dubai views the crisis as a temporary speed bump. The emirate aims to leverage this period to address internal improvements while maintaining its status as a stable global hub.
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