Banking Epic: The UAE Attracts Russian Capital and Experts

Large banks of the United Arab Emirates (UAE), due to the influx of Russian customers, began to open branches to work with rich Russians and lure Russian specialists there. This is reported by The Wall Street Journal (WSJ). According to the newspaper, UAE banks have opened thousands of accounts for Russians.?

According to the real estate agency Better homes, in the second quarter of 2023, Russians took the third place of the most frequent buyers of real estate in Dubai (compared to the ninth place in 2021)