The 1990s to today
The Persian Gulf War of 1990 had a huge impact on the city.
First Dubai’s banks suffered a massive withdrawal of funds due to the uncertain political conditions, but later many foreign trading communities from the region relocated their businesses to Dubai. Dubai provided refuelling bases to allied forces at the Jebel Ali Free Zone [...]
The rise, fall and salvation of Dubai
The First Post has a great background piece on the rise and, much exaggerated, fall of Dubai.
It features a potted history of how Dubai became so wealthy and why the emirate chose to take the direction it did – because its oil resources were predicted to be exhausted by the 2020s for those who don’t [...]
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