Wednesday, June 12, 2024

Dubai lures hedge funds – but European hubs stake claim

Photo: diana.grytsku

The western world is mired in high inflation, war in Ukraine and possible recession. Asia, meanwhile, has been afflicted by ongoing Covid lockdowns, fuelling a supply chain crisis and political discontent. 

No wonder Dubai, the sun-drenched tax haven in a favourable timezone, currently benefiting from soaring oil prices, has been staking its claim as a hedge fund hub.

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