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Home › What's on - "Memory Burns" › Tags › Tag: Dhabi

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Abu Dhabi ascendant as debt spoil Dubai's model | Reuters

World: Abu Dhabi ascendant as debt spoil Dubai's "model"

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Gifts45.com submitted 2009/11/27 1:17, published 2009/11/27 1:17 | 211 views
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http://www.reuters.com/article/ousiv/idUSTRE5AP2RZ20091126


DUBAI (Reuters) - Dubai's debt troubles have exposed the fallacy of its once much-vaunted "model" of raising shining cities in the desert with foreign residents, finance and labor.

They have also set in train a power shift toward Abu Dhabi.


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