Report: Dubai a money-laundering hub


Photographs by AP

Laborers work at a construction site in Dubai, United Arab Emirates, in this 2015 file photo. A report by the Washington-based Center for Advanced Defense Studies says Dubai's secretive and booming real-estate market is used to hide assets.

War profiteers, terror financiers and drug traffickers targeted by the U.S. in recent years have used Dubai's real-estate market as a haven for their assets, a new report released Tuesday alleges.

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