The Gulf News reports today as follows...It has been suggested time and time again that the property market in Dubai is a huge bubble destined to burst. In my opinion, this is a long way from the truth. The reality is that Dubai has cleverly positioned itself as the gateway to the world for countries such as India and Pakistan...
... In attracting such a large number and wide range of corporations, it has already become an international commercial and economic hub and a leading tourist destination. With the plans that are in place, things will only get better...
... Dubai's Strategic Plan 2015 has one clear objective, which is: "To become the commercial, financial and recreational hub of the region." I have no doubt this objective will be realised... [read more].
Report by Ryan Mahoney, Special to Gulf News, August 30, 2007
