No, that doesn't matter in the least. It is trivial to kick him off the Western appstores and arrest him in Dubai, so it really doesn't matter. He was allowed to operate - almost certainly in some kind of a deal - until he wasn't.
1. Dubai has extradited to the EU in the past, 2. the EU can easily cripple his business and whatever assets he has in his "home" country of France in a couple of weeks. It doesn't even matter if this is about the alleged real criminal activity on Telegram or political persecution like Musk alleges, the moment Durov decided to stop playing ball his life would be miserable no matter his location.