What the hells going on in Dubai?!?
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What the hells going on in Dubai?!?
Seriously, its like a bunch of teenagers with unlimited funds saying,
"I want the biggest amusement park in the world!"
"Well I want a giant Island shaped like a palm tree!"
"Well I want a giant island shaped like a map of the world!"
http://www.y2ker.com/
Seriously...
Dubai 1990
Today
And if you're thinking about rolling your eyes and saying 'what are they going to do when the oil runs out?' less than 6% of their revenue is from oil.
http://en.wikipedia.org/wiki/Dubai#Economy
"I want the biggest amusement park in the world!"
"Well I want a giant Island shaped like a palm tree!"
"Well I want a giant island shaped like a map of the world!"
http://www.y2ker.com/
Seriously...
Dubai 1990
Today
And if you're thinking about rolling your eyes and saying 'what are they going to do when the oil runs out?' less than 6% of their revenue is from oil.
http://en.wikipedia.org/wiki/Dubai#Economy
Last edited by Krinkov; Feb 19, 2008 at 10:34 AM.
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Did you see the bridge they are building in 2012?
http://io9.com/354694/dubai-to-build...bridge-in-2012
http://io9.com/354694/dubai-to-build...bridge-in-2012
Dubai has a hell of a lot of money and they are trying to diversify outside of oil by doing lots of land management and construction projects. I believe the hope is that once the oil dries up, they'll still have a stable enough economy outside of oil to stay alive.
Abu Dhabi and the rest of the United Arab Emirates are trying to do the same thing too.
Abu Dhabi and the rest of the United Arab Emirates are trying to do the same thing too.
They have an indoor ski resort in one of those skyscrapers.
One of my friends here in Texas is a Prince from Dubai. I like going over to his apartment because money is no option for him and he always supplies the alky
One of my friends here in Texas is a Prince from Dubai. I like going over to his apartment because money is no option for him and he always supplies the alky
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Very impressive. I haven't kept up on that part of the world, but it is quite interesting.
I don't understand how it can economically support that kind of growth though. It's a great location port, and tourism is supposedly exploding, and "oil is only 6%" of it's economic base.
That's it?
Tourism can't play that large of a role. Port, banking, and "IT"... again how can this all add up to explosive growth like that?
Is this really just a case of oil buying a critical mass of infrastructure? Using oil to build up an independence from oil is smart. But it just seems just too fast...
I don't understand how it can economically support that kind of growth though. It's a great location port, and tourism is supposedly exploding, and "oil is only 6%" of it's economic base.
That's it?
Tourism can't play that large of a role. Port, banking, and "IT"... again how can this all add up to explosive growth like that?
Is this really just a case of oil buying a critical mass of infrastructure? Using oil to build up an independence from oil is smart. But it just seems just too fast...