Iran the Next Shoe to Drop?

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In The Media

Iran the Next Shoe to Drop?

Given the deep economic and cultural ties between Iran and Dubai, the recent economic troubles in the Emirate will certainly have an impact on Iran and may even play a role in the international negotiations over Iran’s nuclear program.

By Karim Sadjadpour

Published on Nov 30, 2009

Source: CNBC's Street Signs

Despite the recent tumult in Dubai’s financial markets, the economic and cultural linkages between the wealthy Emirate and Iran remain strong. Abu Dhabi, a neighboring Emirate of equal economic clout, has always been more hawkish on Iran and is generally expected to assist Dubai in paying its debts. Nonetheless, it is doubtful that Abu Dhabi or other members of the international community will be able to weaken the ties between Iran and Dubai. “Ties between Iran and Dubai will never be severed. The relationship is incredibly important for both sides,” notes Karim Sadjadpour.

About the Author

Karim Sadjadpour

Senior Fellow, Middle East Program

Karim Sadjadpour is a senior fellow at the Carnegie Endowment for International Peace, where he focuses on Iran and U.S. foreign policy toward the Middle East.

Recent Work

Q&A
What’s Keeping the Iranian Regime in Power—for Now
- Aaron David Miller, Karim Sadjadpour, Robin Wright
Q&A
How Washington and Tehran Are Assessing Their Next Steps
- Aaron David Miller, David Petraeus, Karim Sadjadpour

Political Reform Trade Economy Foreign Policy Nuclear Policy Middle East Iran United Arab Emirates

Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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