Tue 25 Nov 2008
Abu Dhabi May Steal Dubai’s Crown
Posted by Lester under Business
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But now Dubai’s debt-driven splurge on flashy hotels and residential properties is not looking as stable as Abu Dhabi’s more stealthy oil-driven expansion, especially as a bursting of the property bubble and a crunch on credit are hurting financial activity in Dubai.
http://www.forbes.com/economy/2008/11/24/dubai-abu-dhabi-markets-econ-cx_ll_1224markets12.html
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