Rich Russians fleeing sanctions are pumping up Dubai’s property sector

"The influx of buyers from Russia has pumped up the UAE’s property sector in the wake of
Russia’s invasion of Ukraine and subsequent Western sanctions. ....DUBAI, United Arab Emirates – The team at Dubai property firm Mira Estate have reason to celebrate. 

The luxury real estate company just clocked a 100% year-on-year increase in sales to buyers from Russia and other former Soviet states in the first half of 2022." CNBC

Saudis, UAE Refuse To Take Biden's Calls To Discuss Ukraine Situation, Talk To Putin Instead

"Saudi and UAE leaders are refusing to take Biden's calls as the US president tries to contain surging oil prices, according to the Wall Street Journal, which adds that the Persian Gulf monarchies have signaled "they won’t help ease surging oil prices unless Washington supports them in Yemen, elsewhere."

"There was some expectation of a phone call, but it didn’t happen," said one US official of a planned discussion between Biden and the Saudi Crown Prince Mohammed bin Salman. "It was part of turning on the spigot [of Saudi oil]."

Yet, both Prince Mohammed and Sheikh Mohammed took phone calls from Russian President Vladimir Putin after declining to speak with Biden, according to the WSJ. They also spoke with Ukraine president Volodymyr Zelensky." ZeroHedge