Dubai Goes Bust; Is there a Silver Lining?

Posted on 11/14/2008 by Juan

IHT reports on the way the economic slowdown is affecting Dubai (which unlike other members of the United Arab Emirates does not have much petroleum). Some citizens of the emirate see the end of excess as a good thing and a time to recover some authenticity.

The Dubai property boom has had its bubble burst.

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  • Juan Cole

    Juan Cole

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