Dubai's Financial Evolution and Challenges

This chapter examines Dubai's rise as a premier financial center in the Middle East, detailing its strategic advantages and the establishment of the Dubai International Financial Center (DIFC). It also addresses the regulatory landscape, the challenges posed by the pandemic, and the scrutiny regarding illicit financial activities, while reflecting on the city's aspirations for future growth by 2030. Additionally, it touches on the cultural aspects of escapism through literature during difficult times.