There are credible reports that Pakistanis in Dubai and other countries in the region are moving their wealth to Pakistan to buy property in their homeland. Prices of bungalows, apartments and plots have skyrocketed, particularly in Karachi's DHA. The main reason is that the US may attack Iran any moment, and the resulting war will cause destruction in Arab countries neighboring Iran (if it retaliates, as it has threatened).
It's been evident for a long time that the glamour of Dubai, Qatar and Kuwait is a sham. If there is even a minor disturbance there, like the public coming out on the streets to protest, the resulting panic will see a mass exodus of foreigners from these countries. The attacks on Iran six months ago by the US and Israel led to the shutdown of Dubai's airport. In fact, yesterday some major airlines cancelled their flights to Israel and the region, expecting an attack by the US on Iran.
Let's hope sanity prevails and Trump can be persuaded to back down.
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