It is the second week of January and Café Bateel, located in the heart of Dubai’s financial district, is quietly buzzing.
Dressed-down bankers and investors, favouring a Miami Vice look heavy on pastel-coloured suit jackets and Jack Wills T-shirts, recline in wicker chairs, enjoying a coffee and occasional cigarette.
It is hot and sunny – the midday mercury hovers around 25°C – and while Europe navigates a second lockdown, Asia a bumpy return to growth and the US a (hopefully peaceful) transition of presidential power, the Middle East’s main financial hub is most definitely open for business.
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