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Dubai's Decline Not Imminent

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posted on Aug, 15 2006 @ 03:44 PM
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According to a Sunday Times report, “the bill for this spending spree is 140 billion pounds --- more than every single foreign dollar invested in America and China last year combined”

For those advocating theories of a ‘bubble burst’ in Dubai’s property market, there is some bad news. “It hasn’t happened, and perhaps never will,” according to an opinion poll conducted by the Dubai-based DSL Exhibitions to gauge the state of the Dubai property market.

Trade Arabia, Bahrain


And so the unofficial capital of the Muslim world marches on with an army made up of mostly Indian and Pakistani construction workers on its never-ending building spree. Of course, with a city that is number one for all the right reasons what else did you expect? Accordingly, if the already great city of Dubai hasn't yet seen trouble in the hotly contested region than of course neither would its equally ambitious neighbors in the Arabian Gulf. Although not yet on par with the likes of Singapore and Hong Kong, it is important to note that Dubai literally started from nothing as such it is somewhat of a miracle of how they were able to compete head on with Saudi Arabia and Qatar (of which is the home to Al Jazeera).

[edit on 15-8-2006 by risitar]




posted on Aug, 15 2006 @ 10:05 PM
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Here's this bit of news about Dubai's continuing prominence into what will evenually become Islam Central.

Malaysia, Dubai to co-operate on Islamic finance



posted on Aug, 17 2006 @ 10:34 AM
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It's me again with this truly interesting news tid bit from the terribly terrific manmade ode to the Caribbean that is The World, Dubai. They're having trouble selling all 300 of the islands even though they nabbed some high class celebrities in this crazy $4 billion development.

Gowealthy.com



posted on Aug, 17 2006 @ 11:10 AM
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I really see nothing amazing about this article, your post or the entire Dubai situation.

Some day, somehow a non-muslim terrorist will be born and fly a couple of very large airplanes into that gorgeous city-scape, and *poof* before they know it land value will go down, they will live in fear and they can be welcomed into the rest of the world in which we all live.

-Beezer

PS How in the heck is this even a story on a conspiracy site under OTHER CURRENT EVENTS. They have been building up that area for a very long time, on the backs of less fortunate muslims!



posted on Aug, 17 2006 @ 11:34 AM
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Originally posted by Mr Beezer

Some day, somehow a non-muslim terrorist will be born and fly a couple of very large airplanes into that gorgeous city-scape, and *poof* before they know it land value will go down, they will live in fear and they can be welcomed into the rest of the world in which we all live.



Yes, but that's after they're done with America.



posted on Aug, 17 2006 @ 02:48 PM
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Good to see this thread has went as far as it should have.

I now pronounce this thread DEAD.

Move along folks, nothing to see or read here....REALLY!

- Beezer



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