I do not think they will start anytime soon, at least they have not induced to think that.
Their message so far is "We have a lot of alumni and partners there, so we want to be closer to them"
Within their strategy on Executive education makes sense, but they also have the Dubai campus where they just do one period exchange for one of the intakes and a small class. If they were to open an extra batch there they would need many more professors, plus 50% extra demand (and that could jeopardize the rankings and the exclusivity of it).
That is my humble opinion, but you never know.
Regards,
Pablo