Dubai the new destination for the rich and famous. Arabs who earned millions of dollars invested their fortune in a new city to put them on the map. But, with the difficult economic climate, Dubai is needed in the current world economy. Dubai's extreme projects and buildings are unnecessary and serve little or no purpose. Dubai has spent billions of dollars on construction projects. When these are financed by the government and the investments fail, the government becomes unstable. Some projects serve no purpose and have no functionality, but are built for the prestige and glory of having such amazing buildings. Why does Dubai need the world's largest shopping mall, a skyscraper, an indoor ski resort and artificial islands? Any of these serve the purpose. Perhaps the ski slope for tourism, but the "largest" shopping center in the world, is really necessary. Now, with the epic spending, state-owned Dubai-World, which controls many construction projects in the city, has fallen into huge debt. Now Dubai-World is asking for six more months to repay its "huge debts". One of the ...
tags