Former Spanish Prime Minister Zapatero has testified before a judge, explicitly denying any conversations regarding the creation of an offshore company. The judicial investigation is focusing on a suspected meeting intended to establish a business entity in Dubai. The presiding judge highlighted the significance of this potential venture due to the region's specific financial environment. According to the court, Dubai offers impressive tax privileges combined with a level of opacity characteristic of the United Arab Emirates. These factors make the alleged company formation a central point of the legal inquiry. Zapatero maintains that no such discussions ever took place. The proceedings continue to examine the financial transparency of the former leader's international dealings.