States like Saudi Arabia and the United Arab Emirates that have worked to rebalance from a dependence on energy have seen growth plunge in a year of strife.
Category: Abu Dhabi (United Arab Emirates)
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Gulf Economies, Torn by War in Iran, Desperately Need a Return to Normal
The New York Times – Business: -
How Binance’s $6.3 Billion Hack Went Down
The New York Times – Business:A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.
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Inside Binance Founder Changpeng Zhao’s Life After Prison
The New York Times – Business:Changpeng Zhao, jailed in the United States for a financial crime and pardoned by President Trump, is now living a gilded life in the United Arab Emirates.
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Two Binance Employees Detained in the U.A.E. Amid Police Inquiries
The New York Times – Business:The detentions of the workers, who have been released, are a sign of legal pressure that the world’s largest crypto exchange faces in the Emirates, which is home to its main regulator.
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Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai
The New York Times – Travel:The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
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Trump Crypto Took $100 Million From a Businessman With Red Flags
The New York Times – On the Runway:The curious case of Guren “Bobby” Zhou shows the ease with which investors with shady backgrounds and unknown motivations can funnel money to the president.