The changing economy of Dubai
When people think of the riches of the Arab nations they tend to think of only one thing – oil. But the rulers of Dubai are well aware that their natural resources are finite and are making preparations for dealing with their inevitable exhaustion. Once wholly reliant on oil revenues, Dubai’s economy has become increasingly diversified in [...]
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 [...]
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