![Boats are anchored in the Dubai Creek surrounded by high-rise buildings in the Gult emirate, on February 18, 2023. Home to towering skyscrapers and ultra-luxury villas, Dubai saw record real estate transactions in 2022, largely due to an influx of wealthy investors.](/sites/default/files/styles/article_header/public/2024-06/GettyImages-1247395554%20copy.jpeg?h=a5ae579a&itok=42HBqCxE)
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In Dubai, reporting on regional business
Sebastian Castelier is a journalist who focuses on the Gulf. He contributes to several Middle Eastern and international media outlets. On Twitter: @SCastelier
![Boats are anchored in the Dubai Creek surrounded by high-rise buildings in the Gult emirate, on February 18, 2023. Home to towering skyscrapers and ultra-luxury villas, Dubai saw record real estate transactions in 2022, largely due to an influx of wealthy investors.](/sites/default/files/styles/article_header/public/2024-06/GettyImages-1247395554%20copy.jpeg?h=a5ae579a&itok=42HBqCxE)
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Sebastian Castelier
In Dubai, reporting on regional business
![Saudi Aramco President & CEO Amin Nasser speaks during the CERAWeek oil summit in Houston, Texas, on March 18, 2024.](/sites/default/files/styles/article_header/public/2024-06/GettyImages-2087326377%20copy.jpeg?h=a5ae579a&itok=6eI2AMAh)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business
![Crown Prince Mohammed bin Salman of Saudi Arabia takes his seat ahead of a working lunch at the G20 Summit on Nov. 15, 2022, in Nusa Dua, Indonesia.](/sites/default/files/styles/article_header/public/2024-05/GettyImages-1441576097%20copy.jpeg?h=a5ae579a&itok=BOHXO9XM)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business
![This picture shows a man monitoring the board at the Saudi Stock Exchange Market (Tadawul) bourse in Riyadh, on Dec. 12, 2019.](/sites/default/files/styles/article_header/public/2024-05/GettyImages-1188078675.jpg?h=1fdd7e1b&itok=zqribFC4)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business
![Motorists drive along a flooded street following heavy rains in Dubai early on April 17, 2024.](/sites/default/files/styles/article_header/public/2024-04/GettyImages-2147870339%20copy.jpeg?h=a5ae579a&itok=sO-HL-4c)
Regional View
![Charles Leclerc of Monaco driving (16) the Ferrari F1-75, Kevin Magnussen of Denmark driving the (20) Haas F1 VF-22 Ferrari, Fernando Alonso of Spain driving the (14) Alpine F1 A522 Renault, Esteban Ocon of France driving the (31) Alpine F1 A522 Renault, Lando Norris of Great Britain driving the (4) McLaren MCL36 Mercedes, Lance Stroll of Canada driving the (18) Aston Martin AMR22 Mercedes and Zhou Guanyu of China driving the (24) Alfa Romeo F1 C42 Ferrari line up to practice starts at the end of final prac](/sites/default/files/styles/article_header/public/2024-05/GettyImages-1387838623.jpg?h=ecdebb78&itok=D7s4ISD1)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business
![Saudi Crown Prince Mohammed bin Salman (R) attends a meeting with Chinese President Xi Jinping (L) at the Great Hall of the People in Beijing on Feb. 22, 2019.](/sites/default/files/styles/article_header/public/2024-04/GettyImages-1126716088%20copy.jpeg?h=a5ae579a&itok=KCyb42gu)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business
![A man walks past a stranded car on a flooded street in Dubai following heavy rains on April 18, 2024.](/sites/default/files/styles/article_header/public/2024-04/GettyImages-2147900713.jpg?h=8c1344d8&itok=Hc0arj1T)
Regional View
![ncreased tensions in the region benefit Gulf states' bottom lines in the short term, while undercutting their longer-term economic visions.](/sites/default/files/styles/article_header/public/2024-04/GettyImages-2048547204.jpg?h=8fde85f0&itok=8eXYQ-GC)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business
![Qatar’s Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani (C) and US Secretary of State Antony Blinken (L) in Doha - Jacquelyn Martin/POOL/AFP via Getty Images](/sites/default/files/styles/article_header/public/2023-11/GettyImages-1723090741.jpg?h=a5ae579a&itok=s4wuOt7V)
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Sebastian Castelier
In Dubai, reporting on regional business
![Saudi women](/sites/default/files/styles/article_header/public/2023-10/gettyimages-1242212722-594x594.jpg?h=fd6ef88a&itok=bboO7cuB)
![Sebastian Castelier](https://www.al-monitor.com/sites/default/files/styles/large/public/authors/2019/SebastianCastelier.jpg/SebastianCastelier.jpg?h=f0d95172&itok=93zGNj3j)
Sebastian Castelier
In Dubai, reporting on regional business