Now how did they afford those huge buildings?
Dubai In Ten Years
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December 12, 2006 at 6:32 pm
It’s called investing in the future. They take the oil revenues, and build big touristy things, so when the well runs dry they will still have income, unlike the House of Saud
December 12, 2006 at 8:26 pm
Not sure the majority of the country which is very poor would agree with the “investing in the future”. And as for the House of Saud, I think I’d rather have a few trillion in my investment portfolio than an artificial island shaped like a palm tree.
December 12, 2006 at 8:29 pm
I do believe 300 million Americans paid them with an over developed sense of entitlement and a lust for convenience.
If you’re wondering what I’m talking about, it’s black and it smells like war.
December 12, 2006 at 11:30 pm
More like how did they afford to change the color of their sky.
December 13, 2006 at 12:48 am
Oil, tourism and maybe, just maybe hash trade.
December 13, 2006 at 1:28 am
You should see the islands they are building as tourist resorts. The Palm that Aristoi is incredible looking. From a friend who has lived there, there isn’t much poverty among the citizens, but the migrant and resident alien workforce is extremely poor.
December 13, 2006 at 9:52 am
To follow up Robster, it should be noted that 80% of the population is expatriates and alien workers, and that there is no way for anyone to become a citizen (you must be born there).
There has been plenty written on this. There was actually a riot earlier in the year there (I think March) due to poor conditions of the indentured foreign workers.
December 13, 2006 at 11:09 am
To account 80% of those foreign workers as poor and destitute is wrong. Quite a few of that number are white collar workers that come from the U.S. and U.K. and are treated quite well. For the rest its unfortunate but foreign laborers have historically been treated poorly in any country they go to, ask the Irish that came to the U.S. in the past. How is it fair to treat UAE any different than all the other countries where migrant workers are living 10 to a tiny apartment.
Yeah the country is elitist about their citizens but thats standard for the region if not most of the world. Japan is very similar in that aspect (something which they are paying for in population loss).
I don’t necc. disagree with you I just think your criticism applies to most of the world.
I think this is a good thing. It shows that atleast one oil producing country is trying to build a post oil economy which will in the long run make the transition easier and hopefully reduce the number of deaths associated with oil (from production to the powers that be protecting the status quo). It’s much better than another country where everyone is starving.
December 13, 2006 at 12:45 pm
Dubai 2019 will probably be a crater so who cares what the thieving pricks do in the interim?
December 13, 2006 at 12:48 pm
Wha? i agree with you one hundred percent. I just meant they are planning for when that particular item runs out.
December 13, 2006 at 6:15 pm
Strangerthanfiction: “Quite a few of that number” is an exaggeration. Of their 1,321,453 population, approximately 1,000,000 of them are non-citizens. There are approximately 100,000 Western ex-pats, which I agree are likly to be treated well, and some of those are indeed business owners there as well. But of those 900,000 other people, many imported and unskilled, “Most of these workers are forced to give up their passports upon entering Dubai, making it very difficult to return home” (Wikipedia).
Check out the report by NPR as well.
en.wikipedia.org/wiki/Dubai
I have no problem with immigrants being on the bottom of the economic scale. But importing indentured servants and keeping them in bondage is not ethical.
And while we’re on it… “oil account for only 6% of its gross domestic product”. So they already have a post oil economy.
December 14, 2006 at 4:18 pm
Dubai is the american embassy around there. Petrol is money!! They have sell their souls for money. Like most of people.
December 15, 2006 at 11:47 am
I can’t argue with that info Aristoi.
Thanks for the information.
February 8, 2007 at 5:38 pm
what did iraq teach little dubai to say thanks to the Americans
July 16, 2012 at 8:11 pm
Same way the city of New York paid for its skyscrapers – a great big fuck-off economy.
July 17, 2012 at 1:06 am
It looks like a great place to visit….and if it was somewhere other than the middle east I would actually consider going.