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Dubai has built a reputation as an oasis of stability in the volatile Middle East region.
The United Arab Emirates’ second-richest emirate positioned itself as a secure financial hub where high-net-worth individuals could park capital, run businesses and plan for the long term with confidence.
That carefully built image, however, has been shattered by the Iran war.
Iranian missile and drone attacks on Gulf targets triggered a sharp economic shock, and the stock markets in Dubai and neighboring Abu Dhabi experienced a sharp downturn…