Wednesday, October 22, 2008
Does Wall Street's bust threaten Dubai's boom?
Posted on 10:44 AM by jackline
Given the current worldwide financial situation, this has been a hot local conversation topic:Dubai and its real estate market are vulnerable to an international economic downturn, especially compared with many of its Gulf neighbors. As the region's premier business, transportation and tourism hub, it is by definition more entwined with the global economy. And in tight times, Dubai lacks the
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