The Emiratis understand that their economy, primarily based in oil revenue, though presently lucrative, is a short-term prosperity. A future that is dependent on oil is unstable and unkind, it is not a reliable resource for an advancing economy.
It’s time for the Emirates and Saudis to have a complete rethink on their own regional power struggles, Martin Jay writes.
New human rights opprobrium from a U.S. president will be just what the doctor ordered for the investors to look at Saudi Arabia through a new prism.
The UAE’s embrace of Israel does not enjoy universal support in the seven emirates that make up the oil-rich federation.