Dubai to Hong Kong, follow the money (laundering)


August 5 2018

To the believers, the glittering towers and man-made islands that characterise the Dubai real estate market are proof of an economic miracle.

A reminder of how a small fishing port on the edge of the desert took just decades to transform itself into a global investment hub. Yet for all the admirers, there are many doubters. Those who see its shimmering skyline as a facade, its reputation for secrecy an invitation for money laundering and who question whether an emirate once synonymous with gold smuggling has ever truly shaken its appeal to those with something to hide.