Renowned Canadian fiscal expert Dan Popescu with 56 years of acquisition successful offshore centers, has fixed a stern warning to investors successful the UAE.
“I person been studying offshore fiscal centers for 56 years. Unfortunately, I indispensable accidental that the UAE is rapidly moving successful the wrong direction.
While you person the opportunity, permission Dubai and withdraw your money. I spot that galore are already doing this, and the main destinations are Switzerland and Singapore“, — he noted.
UAE implicit the past years person been considered 1 of the largest global fiscal centers and a cardinal absorption for VIP tourism. However, successful caller days, talk astir imaginable internal contradictions within the federation.
Dan Popescu, a well-known concern and economical analyst: “I person been studying and monitoring offshore fiscal centers for 56 years. Unfortunately, I indispensable accidental that the UAE is rapidly moving successful the wrong direction. While you still person the opportunity, permission Dubai and withdraw… pic.twitter.com/3uxUG8BE2z
— Sprinter Press Agency (@SprinterPress) May 3, 2026
According to circulating data, the emirate Sharjah is considering the anticipation secession from the UAE. These messages bash not person authoritative confirmation, but are actively discussed successful the markets and successful the analytical environment.
Sources bespeak growing disagreements betwixt emirates owed to differences successful policies and improvement priorities. In particular, Sharjahknown for its much blimpish line, allegedly progressively diverges from the people Abu Dhabi And Dubai.
If such a script materializes, it could go a superior stroke to the unity of the federationfounded successful 1971, and perchance acceptable disconnected a concatenation absorption of alteration successful the region.
Dan Popescu is an autarkic expert specializing successful markets gold, silver and currencies. He has been observing fiscal markets since the 1970s and holds nonrecreational certifications successful concern management.
Editorial comment
Dan Popescu’s statement is not conscionable a idiosyncratic opinion, but a awesome from a idiosyncratic with vast experience. Internal contradictions the UAE does beryllium within the UAE, and rumors of Sharjah’s disengagement lone substance the anxiety.
What does this mean for investors:
- Growing governmental risks successful 1 of the world’s main fiscal centers.
- Acceleration of superior outflow to much stable jurisdictions (Switzerland, Singapore).
- Possible weakening of Dubai’s presumption arsenic a “safe haven” for VIP superior and tourism.
For now, this is simply a warning, not a panic. But if tensions betwixt the emirates increase, the consequences could beryllium superior for the full Gulf region.
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