SPONSORED BY:

Is Dubai’s Party Over?

 

Email To A Friend

Please fill in the following information and we'll email this link.

Separate multiple addresses with commas

SPONSORED BY
 

Label

Newsweek Top Stories
Visions of a Decade
Visions of a Decade

From 2000-2009, one photo per month.

The Failure of Copenhagen
The Failure of Copenhagen

Why there could be a silver lining in a failed climate treaty.

Sex Scandals of the 2000s
Sex Scandals of the 2000s

From John Edwards to Mark Sanford, the decade's memorable affairs.

118 Days in Hell
118 Days in Hell

A NEWSWEEK journalist recounts his captivity in Iran.

Discuss

Sponsored by

Member Comments

  • Posted By: krislan @ 02/14/2009 8:07:00 PM

    it will the end of their arrogance...

  • Posted By: muslimyb @ 01/31/2009 2:58:17 PM

    The climate in Dubai changed drastically, from the gradual and steady development to a situation of loot. Construction booming at one end with speculators making a quick buck, overzealous employees being paid more than fancy salaries by over enthusiatic companies, the rent arena jumping onto the bandwagon and demanding rents unthought-of, the resultant being that the consumer price for survival became unbearable for the earlier inhabitants who had fairly reasonable salaries, and had to send their families and loved ones back. The scene was panicky and very scary. It was difficult for anyone to gauge what was and would happen. The current situation has halted the constructions and roped in the rent rockets. Let us pray for our DUBAI the CITY of GOLD to come out unscathed from this grave situation and resume its earlier gradual and steady rise.

  • Posted By: muslimyb @ 01/31/2009 2:57:34 PM

    The climate in Dubai changed drastically, from the gradual and steady development to a situation of loot. Construction booming at one end with speculators making a quick buck, overzealous employees being paid more than fancy salaries by over enthusiatic companies, the rent arena jumping onto the bandwagon and demanding rents unthought-of, the resultant being that the consumer price for survival became unbearable for the earlier inhabitants who had fairly reasonable salaries, and had to send their families and loved ones back. The scene was panicky and very scary. It was difficult for anyone to gauge what was and would happen. The current situation has halted the constructions and roped in the rent rockets. Let us pray for our DUBAI the CITY of GOLD to come out unscathed from this grave situation and resume its earlier gradual and steady rise.

Reply

Report Abuse

Enter comments if any for reporting abuse

My Take

Customize the NEWSWEEK homepage
to feature your favorite columnists.

Customize Now
 
PHOTOS
What About Us?
Wall Street's problems have captured the attention of Congress, the White House and the media. But on the country's Main Streets ordinary folks are wondering if anyone is paying attention to them. A look at how Americans are coping with the economic crisis.