Jun 25, 2026 · 10:25 PM
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Dubai's collapse as a global business hub is a warning every city founder should study
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Dubai's collapse as a global business hub is a warning every city founder should study
The Iran war wiped $120 billion from UAE stock markets, Dubai hotel occupancy crashed 70 percent, and a British woman from Kent now faces the death penalty for alleged self-defense in a Dubai police station. The city's collapse as a global business hub is no longer a prediction but a case study in what happens when you build on PR instead of foundations.
Ron Patel
5 min read
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