https://www.bloomberg.com/news/articles/2024-03-28/dubai-s-glitz-dims-for-russians-on-costs-us-sanction-pressures
Two years ago, Dubai became a hot favorite with Russians looking to park money or build new lives after President Vladimir Putin's invasion of Ukraine. That allure is now dimming as the cost of

https://www.youtube.com/watch?v=f712mj06A_U
Bloomberg News' Nicolas Parasie discusses Russians losing Dubai's allure dues to various reasons. He speaks with Vonnie Quinn on Bloomberg Daybreak: Middle E

https://www.bloomberg.com/news/videos/2024-04-02/dubai-loses-allure-for-russians-on-cost-sanctions
TV Shows. April 1st, 2024, 11:07 PM PDT. Bloomberg News' Nicolas Parasie discusses Russians losing Dubai's allure dues to various reasons. He speaks with Vonnie Quinn on Bloomberg Daybreak: Middle

https://www.japantimes.co.jp/business/2024/03/28/dubai-russians-us-sanction/
Mar 28, 2024. Two years ago, Dubai became a hot favorite with Russians looking to park money or build new lives after Russian President Vladimir Putin's invasion of Ukraine. That allure is now

https://www.ft.com/content/5183dd85-87f0-4f6f-a655-1abc78f084ad
The CREA, a Finnish energy think-tank, said sanctions on Russian oil exports cost the Kremlin about €34bn in 2023, with almost all the cost coming from driving down the price of Russian oil.

https://www.bbc.co.uk/news/business-61257448
Property purchases in Dubai by Russians surged by 67% in the first three months of 2022, a report said. The UAE has not put sanctions on Russia or criticised its invasion of Ukraine.

https://www.nytimes.com/2023/05/11/world/europe/dubai-russia-cars-export.html
A Russian-speaking sales agent poses for social media content at one of the dealerships in the car market on the outskirts of Dubai, United Arab Emirates, in March.

https://www.ft.com/content/d6d3b45a-35cc-4e32-b864-b9c0b1649a79
Western sanctions on Russia's financial system have raised already high barriers to opening a bank account. "Opening an account is difficult," said one Russian businessman based in Dubai for

https://www.vox.com/world/23283965/russia-sanctions-united-arab-emirates-dubai-emirates-finance-money-yachts
A yacht belonging to Russian businessman Vladimir Potanin is docked at the al-Rashid port in Dubai on June 27, 2022. Jonathan Guyer covers foreign policy, national security, and global affairs for

https://www.nytimes.com/2023/03/13/world/europe/russia-dubai-ukraine-war.html
By The New York Times. A year into a historic onslaught of economic sanctions against Russia over its invasion of Ukraine, Russia's rich are still rich. And in Dubai, the United Arab Emirates

https://www.ft.com/content/fca1878e-9198-4500-b888-24b17043c507
Exports of electronic parts from the UAE to Russia jumped more than seven-fold last year to almost $283mn, making the category the largest type of product shipped in that direction, according to

https://www.bbc.com/news/business-61257448
Dubai has emerged as a haven for wealthy Russians fleeing the impact of western sanctions over the war in Ukraine. Russian billionaires and entrepreneurs have been arriving in the United Arab

https://www.nytimes.com/2022/03/09/us/russian-oligarchs-sanctions-dubai.html
The Russian Business Council, a Dubai-based nonprofit, estimates that there are about 3,000 Russian-owned Emirati companies. The Russian embassy in the United Arab Emirates has said that about

https://www.icij.org/news/2024/05/russians-bought-up-6-3-billion-in-dubai-property-after-2022-ukraine-invasion-report-finds/
Since the 2022 invasion of Ukraine, Russian nationals have bought up $6.3 billion in existing and in-development properties in Dubai, a group of economists with the EU Tax Observatory and Norway's Centre for Tax Research estimated in a recent report. The influx of Russian investment into Dubai real estate in the past few years has been

https://ground.news/article/dubai-is-losing-its-allure-for-wealthy-russians
Dubai Is Losing Its Allure For Wealthy Russians (Bloomberg) -- Two years ago, Dubai became a hot favorite with Russians looking to park money or build new lives after President Vladimir Putin's invasion of Ukraine. That allure is now dimming as the cost of living in the glitzy emirate surges and its banks get stricter in enforcing US sanctions.

https://apnews.com/article/russia-ukraine-politics-dubai-23140fb7a4348c84e33157fe9a237fec
DUBAI, United Arab Emirates (AP) — A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven for Russian money amid Moscow's war on Ukraine. The 98-meter (324-foot) Madame Gu, which has a helicopter pad

https://www.agbi.com/analysis/real-estate/2022/07/sanctions-threat-wont-dampen-dubai-property-allure-for-russians/
Dubai-based Mira Estate said its property sales to customers from Russia and the 11 other Commonwealth of Independent States (CIS) countries doubled in the first half of this year to around two billion dirhams ($540 million). One in five queries for Dubai homes from Russians. "The war in Ukraine and the impact of sanctions on Russian-speaking

https://www.thestreet.com/investing/is-dubai-becoming-a-haven-for-russians-seeking-to-avoid-sanction
No Sanctions In Dubai. The UAE has not cut ties with Russia, and it abstained on a U.S.-led resolution to condemn the invasion of Ukraine at the U.N. Security Council. It is not sanctioning anyone

https://www.ft.com/content/600a8df5-5e11-4842-8af4-07e1fbcec0cb
The US has called on financial institutions in the United Arab Emirates to remain vigilant in combating Russian sanctions evasion as western states fret that their Gulf ally, and others such as

https://www.bnnbloomberg.ca/russians-climb-dubai-property-ladder-as-sanctions-imperil-wealth-1.1753878
Purchases by Russians surged an annual 67%, Dubai-based Betterhomes said, declining to give a total for transactions. Russian buyers had placed seventh for two years after rising from ninth in 2019. Wealthy Russian customers "want premium beach views for the most part," Ryan Mahoney, chief executive officer of Betterhomes, said in an interview.

https://www.freemalaysiatoday.com/category/business/2024/03/28/dubais-appeal-dims-for-russians-amid-costs-us-sanction-pressure/
Dubai's allure dims for Russians amid costs, US sanction pressure | FMT. Money flows from wealthy expats show signs of slowing as banks tighten US transaction rules.

https://www.reddit.com/r/dubai/comments/1bpwk1e/dubai_is_losing_its_allure_for_wealthy_russians/
Two years ago, Dubai became a hot favorite with Russians looking to park money or build new lives after President Vladimir Putin's invasion of Ukraine. That allure is now dimming as the cost of living in the glitzy emirate surges and its banks get stricter in enforcing US sanctions. Russian money flows into the United Arab Emirates — which

https://www.ft.com/content/f540d59e-8b6f-429c-873b-251028e8a8df
The US Treasury department has imposed sanctions on three shipowners based in the United Arab Emirates, accusing them of exporting Russian crude oil priced above the $60 per barrel limit set by

https://apnews.com/article/iran-presidential-election-bitcoin-hamster-kombat-934a398a0d2074c04bbf0112d701086f
A shopkeeper shows a carpet to a customer at a carpet shop in the old main bazaar of Tehran, Iran, Thursday, June 13, 2024. The rise of the "Hamster Kombat" app in Iran highlights a harsher truth facing the Islamic Republic's economy ahead of its presidential election this week to replace the late President Ebrahim Raisi, who died in a helicopter crash in May.