It’s a business-heavy morning

The conversation on the UAE in the foreign press is all business this morning, thanks to a trio of stories from Bloomberg: The business information service looks at Dubai’s record office occupancy rates amid sluggish demand for office spaces worldwide, on the back of the country becoming more business and expat-friendly through initiatives like the Emirates visa, and the influx of bankers, crypto investors, and wealthy Russians. Meanwhile, financial services firm Rothschild & Co is planning to relocate some of its Dubai-based bankers to its new Riyadh office at the King Abdullah Financial District, Partner and Head of the Middle East at Rothschild Saeed Al Awar told Bloomberg.

Also getting ink:Bloomberg ran a feature on Wall Street giant Moelis & Co’s ascension to being one of the largest global investment banks and advisers in the MENA region, having reaped the benefits of maintaining business in Dubai and ties with Saudi Arabia.