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On the one hand, the UAE economy is suffering due to the Iran war, as residents leave and tourists cancel plans. On the other hand, UAE authorities insist recovery is underway. What's really going on? In July, authorities in the United Arab Emirates made a headline-grabbing offer: If UAE residents could entice visitors there between July and October this year, the residents would qualify for a package of perks worth around $800. That was even though most foreign governments are still cautioning their citizens against travel to the UAE due to the Iran war.
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Since then, some UAE hotels have closed prematurely for planned renovations and other five-star resorts have enticed UAE residents for "staycations" in luxury accommodation with a 50% discount.
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