Lieutenant General Dahi Khalfan Tamim, Dubai Police Chief and Head of the Government’s Budget Committee, says he expects a surge in Iranian investment into the UAE as a result of the international economic sanctions imposed on Iran.
Lt Gen Dahi said he was also confident that Dubai had the means to ensure Iranian investors would operate within the parameters set down by the United Nations Security Council. The Dubai Police chief dismissed fears that Iran might take advantage of the opportunity to do business in the UAE, as a means to escape the UN’s economic sanctions.
He told Gulf News that Dubai was confident – from a security point of view – that Iranian investments in the UAE would not be used as a way to escape the sanctions. Instead the investments would help Iranian people overcome difficulties associated with sanctions on banks and trading with Iran, he said.
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