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Economy

Dubai Postcard: Russian Oligarchs Find Refuge From Sanctions In UAE

Hit with Western sanctions, Russian oligarchs are racing against time to relocate their assets to tax havens. They turn to private banks where transactions, opaque as they are in the UAE for instance, make it almost impossible to trace funds.

Picture of the Burj Al Arab hotel from the window of an aeroplane

Burj Al Arab hotel from the sky

Laura-Mai Gaveriaux

DUBAI — In the neo-baroque hall of the Burj Al Arab hotel, surrounded by colored marbles, one can hear all the world’s languages. A mirroring image of this cosmopolitan bubble that Dubai has become over the past 30 years, a sort of Monaco of the Middle East. But from large red armchairs, it’s a Slavic atmosphere that stands out the most.

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At 2,000 to 12,000 euros a night, the rooms at the Burj Al Arab, situated on an artificial island, make it the most expensive palace in the emirate of Dubai — and the preferred meeting site of Russia’s richest businessmen. They are, of course, close to the Kremlin’s networks since it is virtually impossible to make a fortune, and above all, to keep it, without at least getting Vladimir Putin’s seal of approval first.

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Coronavirus

The Main COVID Risk Now: Long COVID

Death rates are down, masks are off, but many who have been infected by COVID have still not recovered. Long COVID continues to be hard to diagnose and treatments are still in the developmental stage.

Long COVID feels like a never-ending nightmare for those who suffer from it.

Jessica Berthereau

PARIS — The medical examination took longer than expected in the Parc de Castelnau-le-Lez clinic, near the southern French city of Montpellier. Jocelyne had come to see a specialist for long COVID-19, and exits the appointment slowly with help from her son. The meeting lasted more than an hour, twice as long as planned.

“I’m a fighter, you know, I’ve done a lot of things in my life, I’ve been around the world twice… I’m not saying this to brag, but to tell you my background," says the 40-year-old. "These days, I’m exhausted, I’m not hungry, I no longer drive, I can’t work anymore, I have restless legs syndrome.” She pauses before adding sadly: “I can’t read anymore either.”

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Central to the tragic absurdity of this war is the question of language. Vladimir Putin has repeated that protecting ethnic Russians and the Russian-speaking populations of Ukraine was a driving motivation for his invasion.

Yet one month on, a quick look at the map shows that many of the worst-hit cities are those where Russian is the predominant language: Kharkiv, Odesa, Kherson.

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