Topic: Dubai Creek
Iran's currency, the rial, hit a record low on Tuesday, threatening to worsen job losses and lower living standards within the Islamic republic.
The sanctions aimed at pushing Tehran to accept an Iran nuclear deal have kept Iranian traders in Dubai on their toes. But they say it's US businesses that are most affected.
Dubai is known to be among the world's most freewheeling business environment – and one that is attractive to Iranian businesses looking to circumvent Iran sanctions.