Wednesday, March 18, 2009

Emirati deflation: Dubai Officially Pops

The property-tourism-and-business bubble that has propelled Dubai for a decade and a half kinda popped earlier this year when the emirate had to be bailed-out by its wealthier and more conservative sister emirate, Abu Dhabi. But news that Dubai is cracking down on music, dancing, and hand-holding still comes as a bit of a shock to anyone who has experienced some of the freewheeling expatriate culture there.

1 comment:

  1. These are extreme condition so Dubai is not being able to figure out what things to do and not do. The culture in Dubai is very hip and night clubs and partying are a way of life. Hard to change all of it really.