The Medicis of the Middle East?
For a long time, the United Arab Emirates was known mostly for a boom-and-bust real estate market, the consumerist glitz of Dubai, and vast oil resources. But over the last two decades, the UAE’s reputation has undergone a dramatic shift. Under President Mohammed bin Zayed, the UAE has spent billions of dollars building up and modernizing its military, becoming what former U.S. Defense Secretary James Mattis has dubbed “Little Sparta.” The UAE has also made itself the Middle East’s financial center. And the country has forged working relations with almost all the region’s actors, including Israel, as well as with every worldwide power, particularly the United States.… Seguir leyendo »