> These individuals’ presence in Dubai’s real estate market registries highlights the danger that the emirate’s loose residency requirements and «few questions asked» approach to regulation enables questionable figures to use it as a home away from home, a place to launder their illicit gains through real estate, or simply to store their wealth.
I don't consider that controversial.
> or simply to store their wealth.
Especially this. "oOoOOoOooo soo scaary"
I think the choice of words here will be seen as laughable and antiquated in the future. UAE/Dubai is on the front of this trend and it will pay off very well for them as they accelerate their diversification away from a fossil fuel economy.
Other countries will simply have to find another way to get the behaviors they desire. Fingers crossed about the nukes staying siloed. But territories will shift, and that's not UAE or Dubai's problem, and when it becomes their problem, it won't be somewhere else's problem.
I don't consider that controversial.
> or simply to store their wealth.
Especially this. "oOoOOoOooo soo scaary"
I think the choice of words here will be seen as laughable and antiquated in the future. UAE/Dubai is on the front of this trend and it will pay off very well for them as they accelerate their diversification away from a fossil fuel economy.
Other countries will simply have to find another way to get the behaviors they desire. Fingers crossed about the nukes staying siloed. But territories will shift, and that's not UAE or Dubai's problem, and when it becomes their problem, it won't be somewhere else's problem.