اخبار اليمن – وطن نيوز
اخبار اليمن اليمن الان – اخبار اليمن اليوم
W6nnews.com ==== وطن === تاريخ النشر – 2026-04-01 21:16:00
That night, another massive explosion rang out across an upscale beachfront apartment complex, as the drone’s debris fell onto a high-rise building. Then, on the morning of March 8, 2026, missile sirens blared over an empty beach club. The Dubai Shock Over the years, Gulf countries such as the UAE, Saudi Arabia, Bahrain and Qatar have succeeded in attracting technology companies and foreign capital by offering attractive investment incentives and luxurious office infrastructure, making them a prime destination for startups and investors searching for new markets. However, the sudden outbreak of war was, according to the Chinese newspaper The Paper, “a shock to investors and companies operating in the region, and prompted trading partners to closely follow developments and re-evaluate their calculations about the future.” In turn, the Chinese newspaper “Sohu” spoke about the “collapse of Dubai”, saying: “The war between Iran and the United States deals a severe blow to the myth of wealth that was built over 40 years in Dubai.” At the beginning of its talk, the “Soho” website highlighted the difference between Dubai in its traditional version and Dubai in the modern version: “Before 2025, Dubai was like a ‘Mecca’ for the old and new rich alike, and if you had asked any fund manager two years ago about the safest place to avoid the fluctuations of global markets, he would have answered without hesitation: Dubai.” He continued: “There are no complex regulatory restrictions, no burdensome taxes, but rather high-rise towers and a bustling, endless life.” He added, “But this ideal picture collapsed completely with the first Iranian missile that split the night sky. In this crisis, the UAE turned into the target most vulnerable to attacks, as it bore – until March 17 – about 50 percent of the total Iranian strikes, that is, three times what Kuwait received and four times what hit Israel.” She added: “One of the wealthy people who stayed at the Burj Al Arab Hotel wrote on social media: I paid tens of thousands of dollars for one night, but what I saw was the wreckage of fallen missiles, and there was no integrated air defense system. The safe haven did not provide even the most basic levels of safety.” The website said: “And thus began (the Dubai shock), from the collapse of confidence to the liquidation of assets. Iran deals a severe blow to the core, realizing that Dubai is a regional financial center, a global air hub, and a major commercial gateway, and all aspects of its prosperity depend primarily on (the world’s confidence).” He continued: “The Iranian strategy was characterized by remarkable precision: putting pressure on the regional economy to push the United States towards a ceasefire. The missiles do not need to destroy Burj Khalifa directly. Rather, their explosion in the sky of Dubai is sufficient to destroy investor confidence, disrupt airlines, and confuse supply chains.” Direct threats: The manifestations of this collapse are evident in the real estate market. Dubai has entered the year 2026 with unprecedented historical momentum. According to the latest data, the total value of real estate transactions in 2025 reached about 917 billion dirhams, equivalent to 250 billion dollars, with the number of transactions exceeding 270 thousand transactions. The website added: “Since 2021, housing prices have increased by a cumulative rate ranging between 60 percent and 70 percent.” He stated, “By the beginning of January 2026, this momentum had not diminished. Rather, the value of residential transactions recorded an annual increase of 44 percent, reaching 55 billion dirhams. By all standards, this period was considered the hottest in the history of the real estate market in Dubai.” He added: “However, at the height of this prosperity, war broke out, and although this is not the first time that the real estate market in Dubai has faced a difficult test, the current reality is completely different, as risks are no longer resulting from financial fluctuations, but rather from direct physical threats.” The difference explained by saying: “The matter is not related to the 2008 crisis when prices collapsed by almost half, and it is not related to a global pandemic like the Corona pandemic, which – despite the strength of the shock – enabled the market at that time to stabilize within a little more than a year; this time the matter is related to missiles falling on hotels and homes.” He continued: “The real estate market in Dubai has always been accustomed to rapid recovery after sharp fluctuations, provided that confidence returns.” He continued: “Dubai, as one of the largest free trade zones in the world, an international financial center, and a major tourist and entertainment destination; I have long been considered a “safe haven” in the Middle East, not only in terms of wealth, but also in terms of stability and security. Indeed, the UAE has recently won the title of “the safest country in the world.” However, the question now is: Can this “safe haven” maintain its image in light of the falling missiles? Developer bond issuances have almost stopped.” As for off-plan sales deals, which are intended to purchase properties under construction or designed based on maps and prototypes before construction is completed, they are “the most exposed to risks,” according to the website’s description. He said: “The off-plan sales sector, which constituted about 65 percent of the total deals in 2025, is the most affected, as it becomes difficult to convince buyers to bet on the future for many years in light of the state of uncertainty.” International institutions agree with this proposition, as Fitch Agency expected the possibility Real estate prices in Dubai fell by up to 15 percent by the end of 2026, while UBS ranked Dubai among the top five cities in the world in terms of real estate bubble risks. “Although Dubai has previously witnessed increasing capital inflows even in times of turmoil, supported by its large foreign community that provides stable demand, the current conditions are unprecedented, and it cannot be assumed that history will simply repeat itself,” the report continues: “The number of residential units expected to be delivered in 2026 exceeds 130.” One thousand units, a number that far exceeds population growth rates.” A dangerous intersection According to these data, the site concluded that the real estate market in Dubai “stands today at a dangerous intersection that combines structural risks with a blow to Dubai’s reputation as a safe haven.” According to its estimate, “the future path depends on an unpredictable factor: how long the war will last, and how close its fires will be to the heart of the city.” In other repercussions of the war, “Soho” stated that “Dubai’s reputation as a global financial center has lost its luster, as banks requested Major companies such as Citigroup and Standard Chartered have their employees leave offices and work remotely, while HSBC has completely closed its branches in Qatar. The gold market in the Emirates has also witnessed repercussions, as Dubai, which manages 20 percent of the global gold movement, has been “paralyzed,” according to the site’s description. He attributed this to “the disruption of flights and the accumulation of shipments, which forced traders to sell at a loss of up to $30 less than the standard price in London.” According to him, “he warned Traders warn that the continuation of this situation will lead to devastating fluctuations in Asian gold prices.” In contrast to these unrest in Dubai, the Chinese website indicated that “many of the wealthy people who transferred their billions to Dubai began urgent meetings, to study the transfer of their assets to Hong Kong or Singapore?” The report described the fragile reality in Dubai, saying: “Dubai has always tried, under the slogan (Gulf Wealth) and (the absence of regulatory restrictions), to compete with London and New York as a global financial center.” He continued: “But the reality revealed the harsh truth: a financial center without a strong sovereign umbrella is nothing but a (luxury casino). Outside the borders), and everything that is marketed as (financial innovation) or (tax exemption) fades in the path of missiles, and turns into fragile zeros.” He added: “Dubai built a luxurious city in the heart of the desert over a period of 40 years, but because of its fragile geographical location, it returned to square one in less than a month.” The report concluded: “This was not just a setback for one city, but rather it was a moment of re-realization for the wealthy class around the world. When absolute danger appears, the illusions of (safe havens) collapse.” Geopolitics remains the final arbiter.” In the context of the negative effects on the future of investment in Dubai, “The Paper” newspaper touched on the risks facing the computing market in the Emirates. Amazon Web Services announced that 3 of its data centers in both the Emirates and Bahrain were subjected to attacks by drones on March 2, 2026, which led to serious operational disruptions, causing the interruption of the services of some banks, payment and delivery applications, and enterprise software. As a result, it Several major technology companies, including Amazon, Google, Snap, and Nvidia, activated emergency plans to protect their employees and facilities in the Middle East. The newspaper noted that “the US Army also uses AWS to run some of its computing tasks, including running major artificial intelligence models for specific intelligence purposes.” According to the Iranian “Fars” agency, the data center in Bahrain was the target of the attack “because of its role in supporting the enemy’s military and intelligence activities.” The Chinese newspaper noted that “this attack is the first case.” A history in which a data center is deliberately targeted in an armed conflict.” The CEO of Du Holding, an investment group in the Emirates, Zhou Xiujie, told The Paper newspaper on March 10, “The data of one of our companies is stored on the Amazon cloud, and it has not been recovered yet after a week, and we are concerned about the impact on our customers’ business, and the pressure is very great.” He added that “several bank applications on his mobile phone stopped working on the day the data center was attacked, and his company’s business was also affected, and engineers were forced to manually copy customer data out of “The network.” He pointed out that “this is the first time he has been directly affected by military operations,” saying, “Businessmen have always believed that Dubai is very far from the turmoil of conflicts in the Middle East, but this perception has now collapsed.” “The missile alarm on his phone kept going off constantly, something that Xiujie had not experienced in the ten years he spent in Dubai,” the newspaper said. “The first time it went off, it was very loud, warning of an imminent missile attack, and I was terrified,” the newspaper said. The newspaper continued: “After a few days of anxiety, he gradually got used to it, and despite the presence of missiles and drones daily, the panic subsided because they were about 100 kilometers away, and sometimes when the drones were intercepted and detonated, he could clearly hear the sound of debris falling into the sea.” She added: “Most of his company’s employees are currently working in the Dubai offices normally, and the business has not been greatly affected, but “what worries him more than the issue of personal safety is not knowing when Amazon Cloud services (AWS) will be restored,” and he added “It is vital to the operation of his clients’ systems.” Although the newspaper indicated that he is not currently thinking about leaving Dubai, he “stressed the need to strengthen disaster recovery plans and distribute risks,” saying that he “may not continue to place all of his investments in the Middle East.” In contrast to this caution, Tan Zhongyi, one of the major Chinese investors, shows a greater degree of optimism. According to the newspaper, he is “currently working to support Chinese information technology companies to enter the Saudi market.” He explained in his interview with the newspaper that “this war may represent a great opportunity for Chinese technology companies,” noting. He pointed out that “American companies were the main competitor in the region during the past years, which was closely linked to geopolitical considerations.” According to him, “the upcoming trend of Chinese companies towards the Saudi market requires them to take factors of geopolitical uncertainty and personal security into account, but he believes that (opportunities are available to those who are prepared), and (each company that controls a specific path will enjoy great competitiveness and exclusivity) despite the presence of these opportunities, but the newspaper pointed out that many entrepreneurs face “difficulty.” She said: “Li Wei, technical director of Chainbridge, a financial technology company based in Dubai, was planning to return to Dubai from China at the beginning of March, but now he is forced to wait and watch.” She added: “Although he knows that most of the damage to civilian infrastructure is the result of accidental injuries, safety concerns still remain.” Li Wei said: “If the attacks continue and the possibility of accidental injuries increases, I will have to consider moving my business to another city.” Du Holding, Xujie, said, “The market is full of different emotions, and everyone is in a state of observation, with uncertainty about the form of the expected recovery.” He pointed out that “some family investments in Dubai are at a standstill, and small companies that need financing may face difficulties in the coming months.” The newspaper added, “But he did not think about leaving Dubai and is still optimistic about the future of business in the Gulf, explaining that (the biggest impact of the war is on international public opinion, that is, Dubai’s image).” In turn, George Chen, partner and head of digital business in the group, pointed out Asia, based in Washington, noted that “panic accompanies people after witnessing the attacks, and it will be difficult to regain investor confidence quickly.” He added that “bankers and lawyers in Hong Kong have been busy in recent days advising wealthy clients who have moved to Dubai and currently want to return for security reasons.” In the end, the newspaper believes that “the future of attracting investments and personnel to the Gulf depends to a large extent on the results of the war and the possibility of future conflicts with Iran.”
