Structured products benefiting from Dubai's safe-haven status in Middle East

Dubai's perceived status as a safe haven in the Middle East is resulting in increased flows of money into the United Arab Emirates (UAE), which is consequently having a positive effect on structured products sales, according to market participants.

"A lot of assets are currently flowing into Dubai - it is seen as a safe haven from some of the problems in neighbouring countries," says Azad Mahavar, London-based head of structured products for the UK at BNP Paribas. "Local risk managers are