A Dubai based hedge-fund executive has said to the FT:

No one knew 'you were getting exposed to geopolitics when moving to Dubai. It was not a consideration. People have moved families. This element of concern is new'!

Given the Hedgies are supposed to be the smart guys, how did they miss the Middle East is suffused with global oil politics, and that it has been unstable politically for generations....

Oh that's right; low taxes, folks... it'll all be fine

#politics #MiddleEast #Geopolitics