Hi,
First the present
Its already a week or two when one of the companies Dubai World founded by Royal family of Dubai HRH Sheikh Mohammed asked for stop payments for next six months.... and their was blood all in print as well as television media........... Economic Times, Financial Times paper is wasted in writing same articles again and again…. Who pays these writers for writing same shit over again and again
All predicting doom for Dubai........ Like always there was lil truth and all eyewash tell what people wanna hear.............
Okay Dubai World has asked for stop payments. I would like to know how many such companies world wide after/in Financial crisis and recession has asked for same ...... all the major banks, financial institutions, automobile industry, real estate groups/institutes, insurance businesses have gone beggars literally they are thriving on Tax payers money.
Why such hoolah when Dubai ruler disagrees to spend his moolah for wrong investments done by Western Investors turn sour??????
Second the Future
What is Dubai?????
A wannabe financial centre for Gulf (Western view).............naah my friend habibi you are just looking at the monetary perspective of it Dubai is billion times more than that.........
Dubai is a place where Arab youth dream of coming and finding a respectable livelihood. You cannot take or destroy dreams of millions overnight. I repeat You cannot take or destroy dreams of millions overnight. Whether you me or we like it or not but these Arab kids with dreams in their eyes will come to Dubai shores for time eternity to prosper.
Dubai is a place from where World (the West) can do business freely into GULF/AFRICAN/ SOUTH Asian region and markets without getting affected by geopolitical situations in the before mentioned regions.
(Westerner) But Dubai has taken a beating its Sand Castles are going down no one will come and buy them they are worth nothing.
Well any prudent Investor will tell you to invest when there is a bust and this Financial Crisis has at-least taught us that. Now the pricing is not only corrected in real estate but its also at dirt cheap rate so invest make your moolah till sun shines and take my word Sun will Shine on Dubai for time eternity figuratively and in reality.
