Journalist Jamal Khashoggi killed 33-year-old Saudi Prince Mohammad bin Salman’s future Saudi Arabia is in danger International pressure on Saudi King and Yuvraj There is a demand for the removal of Yuvraj.
In this situation, Prince Mohammad Ali Zayed, the UAE’s second associate, played in the United Arab Emirates (UAE), another wrong duel.
Mohammed Bin Zayed’s policy of obstructing Dubai’s progress has been hampered. Though there is a lot older than the Saudi king, mental maturity is not very different. The two kings are believed to be responsible for the bloody Yemen war.
Arab countries have banned Qatar on 17 months for both of them. But these principles have been very beneficial in Dubai? A report from the British magazine The Economist has come out.
In fact, Yuvraj, Mohammed bin Zayed, has joined hands with several other international issues, in collaboration with Saudi Prince. One of the two is the Yemen War. Secondly, the Gulf Cooperation Council (GCC) member states impose restrictions on Qatar, land and sea.
In June 2017, seven countries, including Saudi Arabia, sealed all ties with Qatar. Their allegation is that the country is creating territorial instability with financial assistance and assistance in terrorism.
Bay Doha authorities have always denied such allegations. In this situation, Doha also had a temporary problem. The biggest loss was the country’s economy Saudi Arabia and the United Arab Emirates stuck to Qatar’s conditions of use, using the pressure. But this attack has lost Dubai to its business partner.
No flight from Dubai now goes to Doha Airport. Qatar’s imported by Dubai’s Jabal Ali port, also closed. Even in 2022, Dubai could take business advantage as a partner in the World Cup football tournament in Qatar, which is still uncertain. The UAE has been trying its best to frustrate the tournament.
But Dubai was quite different than the other Gulf states. The driving force of Dubai’s economy is not only oil but also depends on tourism, trade and financial sector.
One of the busiest airports in the world in Dubai, so far Dubai’s ‘Burj Khalifa’ is the world’s tallest building, with the largest seaport in the Gulf region, Jabal Ali. In 2016, the expected growth of UAE’s Gross Domestic Product (GDP) is expected to be 3.1 per cent. In 2009, the rate was 2.8 per cent.
However, there are many problems in the eyes of good statistics, but in Dubai Even though oil price increases slightly in the short run, this trend is down for long periods. Several analysts, including MFUG Bank officials in Dubai, think that a chaotic property market and regional conflicts are one of the reasons for this concern.
Compared to last year, the index of the Dubai market dropped by nearly 20 per cent. Which is higher than all other Middle Eastern countries. Of these, recently the biggest organization of the Dubai International Financial Center shocked the collapse of the Aaraj Group.
In the last few years, new business licenses have been granted a lot of licenses, while the number of jobs has decreased.
90 percent of Dubai’s population is foreign, while schools are being closed for expatriates. The housing sector’s businessmen say on one side, the vacant flat is not being sold, while the developers are making flats.
In Dubai, Dubai’s property market performance was very bad. This problem is mainly due to decreasing the cost of the house rent. The price of shares of Emaar Properties, one of the biggest developer in Dubai, declined by 38 percent this year.
Earlier in 2009, Dubai faced a crisis The crisis was created in the debt burden. To overcome the crisis, Dubai had to take nearly 20 billion dollars of funding from Abu Dhabi. But the situation has been eloquent in the current banking sector.
Analysts expect that such a big crisis will not be ready soon. But there is a risk of risk. Housing loans are putting the regional banks in jeopardy. Many banks may go bankrupt without the help of the central bank.
One of the reasons for this situation is the different steps of Yuvraj. Not only Qatar but also Dubai is losing the relationship with Iran So long as the relationship between two people was very profitable.
The United Arab Emirates, which reciprocated Iran, earned approximately $ 17 billion in port fees each year. But with the backing of two rebel prince, Iran has again created a scary concern about its business to impose sanctions on the United States.
The vessels which passed the Persian sea every week with the product, and now they do not go this way once a month.
As the back door of Iran, Dubai’s attraction is declining day by day. In May, US and Emirates observers searched for a currency exchange network used by Iran’s Revolutionary Guard Corporation (IRGC).
The United States has kept Dubai in its anti-money laundering watch list.
However, no matter how hard the Yuvraj is, the Aamir has to be wise. Dubai’s Amir Mohammad Bon Rashid took a number of steps to tide the internal economy.
Private schools have made positive changes in the salary and tax structure for foreigners not to leave the country. He has also introduced a long-term work visa. Apart from this, the stiffness of business ownership has also been relaxed.
It is expected that Chinese investors will be interested in it. In contrast, China will work to improve Dubai’s two major ports.
Political cases have been seen as a conflict of interest