Wednesday, March 31, 2010

Tea Trumps Towers as Dubai Maps Way Back to Future as Trade Hub
BusinessWeek: "Dubai is spending $13 billion on building a new international airport and expanding existing air and shipping terminals. The ruling Al Maktoum family is focusing on the emirate’s traditional strength as a trade hub, after borrowing $109 billion to build record skyscrapers and man-made islands led to the world’s worst property crash last year."

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