CityEssex49er wrote:
S04 wrote:
CityEssex49er wrote:
Went to Abu Dhabi in 2005 ' pre - Mansour '.....unlike Dubai where they have gone bust, it was very orthodox. There was lots of building etc. but not like Dubai. THEY have learnt from Dubai's mistakes - in fact, their oil will last for 100 years; Dubai is finished in 20 thats why Dubai built up their tourist industry to compensate for the loss in oil revenue. I've been to Abu Dhabi 3 times since then and going again in August. 18th so if any AUH Blues out there - do you still meet at Le Meridien bar for the games or have you moved on ?? Hopefully game on a Sunday so I can go and watch the game as arriving Sunday very early.
The Dubai economy is not oil-based..It´s a trading and financial centre, basically the hub between the arab world and asia.
Made its billions from oil; certainly initiially though didn't it ?? Being in Abu Dhabi, you know better but DXB has financial problems as they are building up tourism in a big way, eh??
They certainly overextended themselves on real estate, but it is the same country as Abu Dhabi so in the end $20bn found its way from Abu Dhabi to Dubai as something that was described as everything but a bailout..but of course was.
It´s only 120 km between them after all, and Dubai are something of shopping and entertainment centre for everyone in UAE anyway.
CityEssex49er said:
S04 said:
CityEssex49er said:
Went to Abu Dhabi in 2005 ' pre - Mansour '.....unlike Dubai where they have gone bust, it was very orthodox. There was lots of building etc. but not like Dubai. THEY have learnt from Dubai's mistakes - in fact, their oil will last for 100 years; Dubai is finished in 20 thats why Dubai built up their tourist industry to compensate for the loss in oil revenue. I've been to Abu Dhabi 3 times since then and going again in August. 18th so if any AUH Blues out there - do you still meet at Le Meridien bar for the games or have you moved on ?? Hopefully game on a Sunday so I can go and watch the game as arriving Sunday very early.
The Dubai economy is not oil-based..It´s a trading and financial centre, basically the hub between the arab world and asia.
Made its billions from oil; certainly initiially though didn't it ?? Being in Abu Dhabi, you know better but DXB has financial problems as they are building up tourism in a big way, eh??
They certainly overextended themselves on real estate, but it is the same country as Abu Dhabi so in the end $20bn found its way from Abu Dhabi to Dubai as something that was described as everything but a bailout..but of course was.
It´s only 120 km between them after all, and Dubai are something of shopping and entertainment centre for everyone in UAE anyway.
Posted: Thu May 31, 2012 7:12 am
Right - but I was told that although they are the same country, the Emirates ( 7 of them ) are run independantly and that Dubai had to go cap in hand to Abu Dhabi for a bailout/loan etc......is this misleading or accurate or partly accurate ? I'm interested because I visit the Middle East quite frequently ( holidays ) and love the place.....as well as Oman. Hoping to be a game at NRG Bar in Le Meridien weekend or 18/19th August and/or 25th/26th August....was at QPR game - magic !!!
