KARACHI: The regional Gulf war has cut off the flow of black money from Pakistan into Dubai property, and money already parked there is now being pulled back and redirected into real estate inside Pakistan, according to sources in the property and currency markets. The shift marks a rare reversal for a route that has funneled undocumented wealth out of the country for years. Background Dubai has long served as the preferred destination for undocumented wealth generated in Pakistan. Thousands of Pakistanis have poured hundreds of millions of dollars into…
Read MoreDubai Property No Longer a Safe Haven for Pakistani Black Money
