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Firms Shift Investments from Dubai to Hong Kong Amid Iran War

3/31/2026

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Story summary
  • Alpha Lau Hai-suen, Hong Kong's director general, said companies are shifting from Dubai to Hong Kong following Iran war outbreak to position Hong Kong as a safe investment haven.
  • The Boston Consulting Group estimates UAE foreign assets reached about US$700 billion in 2024, with many firms owned by Asians.
  • Some Asian investors are reconsidering their Middle Eastern investments.
  • Experts say real capital relocation requires operational readiness, not just optimistic headlines.