shehab + dubai + wharton   1

A 'Downward Spiral': Gulf Region Real Estate in the Era of Cheap Oil - Knowledge@Wharton
"Dubai is a model for the region; as Dubai goes, so goes the perception of commerce and trust in commerce in the region," says Verma. "Dubai is built on entrepreneurship and innovation. These may sound like buzzwords, but it's actually true. They just had the world -- and investors -- build them a first-class city and infrastructure. So they will use this as a base to recreate themselves."
dubai  abudhabi  uae  economics  gcc  crisis  realestate  middleast  oil  saudi  wharton  economy 
march 2009 by shehab

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