Qatar is a red-hot economy. Last year it grew around 18% and this year it ought to grow another 16%. We saw the headlines in the Gulf Times in the lounge while waiting for our transfer to Dubai.
October 8th, 2009 | Chris Mayer | 1 comment | ContinuedAll Posts Tagged With: "dubai"
Is Dubai the Bubble It’s Made Out to be?
Dubai’s lifestyle makes the average American look like a prudent, energy-conscious, environmentally-friendly health nut! 60% of the average Emirates’ total income is spent on consumer goods – Gucci totes, designer abayas and million-dollar number plates.
August 28th, 2008 | Bill Bonner | 8 comments | Continued
Is Dubai Another Bubble or a Hong Kong in the Making?
Dubai has opened up its economy. The crown prince of Dubai has, for example, finally allowed 100% freehold interests in certain properties there. The government has also created free-trade zones, where there are exemptions on import/export duties, no personal income taxes, no restrictions on the repatriation of profits and 50-year exemptions on corporate taxes. In [...]
December 13th, 2007 | Chris Mayer | 1 comment | Continued
