“Dubai is where the Iranian private sector breathes and prospers.”¹ –Vali Nasr, 2009 __________ The UAE has a well-earned reputation as a world-class center for commerce, finance, logistics and more. By modernizing its infrastructure and reforming regulations to draw foreign investors, the Gulf nation is better equipped to withstand slumping oil prices than its neighbors….

  _________ BEFORE THE INK DRIED on the nuclear accord last month, governments and multinationals had already queued up to strike commercial deals with Iran. Within days of the P5+1 pact, German vice-chancellor Sigmar Gabriel arrived in Teheran on a junket with German business executives intent on forging ties. French, Italian and Japanese delegations announced…