Dubai: Still a Place to Work in High Finance & Build Wealth?

To folks familiar with high finance world and the likes in Dubai/UAE.

I'm a CEE native with 8 years of experience primarily in consulting (transaction advisory, IFIs development projects), including on senior positions, with a set of notable professional and leadership accomplishments. I am considering doing an MBA in the US/Europe primarily for boosting profile and relocating to the US/Western Europe/UAE. But once thought what might be the alternative to 1-2 years and 100-200K loan/investment payable in ~10 years (especially in COVID times) with a primary goal to build wealth, particularly in the investment area (I'm rather risk-averse, intermediary person than an entrepreneur to do so). One of the destinations to achieve the ultimate goal came up to my mind is Dubai. Hence, three questions:

1. Is Dubai still considered a great place for making money (assume living & working there for 5-10 years)?

2. What is the likelihood to land a high finance job (IB, VC/PE, Real Estate) w/o a US/European degree (MFin, MBA)? And how it differs if you have one? And whether the recruiting culture differs from that of US and EU?

3. In general, what are the current factors driving Dubai's development/stagnation? Meaning key industries, deal flow focus, etc.?

Appreciate any evidence-based advice and other suggestions/questions to raise for better research of this topic.