How Dubai Works

It is all very convincing but why do I have a feeling that Dubai at its core is the world's largest money laundering racket. I think this racket has been established to give an impression to the oil rich sheikhs, big and small, of the region that somehow their non-existent petrodollar money is safe.

Re: # 1 You have right feeling. That is reason daughter of east lived in island.

Re: # 2 Dubai acts as smuggling place. Traders book goods like tire . medicine, textile machinary from some bogus import/export houses and that way indian goods smuggled detrimental to our manufactures. It has become port of smuggling goods for indians and chinese in pakistan detrimental to industry.

The Swiss bank allows ill gotten wealth kept in secret. As safe keeping instead of giving interest they cut 2% money as fee. Many times ill gooten wealth can not be claimed as it is exposed and scandal and then that amount goes to swiss king. As this has been happening for hundreds of years he is richest king. Also like if not claimed by palace by BB it would have gone to english crown ? Is it true ? Thanks in advance.

Excellent analysis of how Dubai has risen from a boondock to arguably the hottest spot development-wise in the world today. And this in the heart of the world's biggest trouble spot, the middle east!!

ahmedmadani: dubai is filling the niche that karachi would have filled had it not been for mqm and the petty-minded ethnic politics of karachi. so instead of trying to find fault with it, learn something from it.

Re: # 6 Please do not blame MQM for all peoblems. Honestly all problems are due to majority retards despite of MQM hardships and brains. Others are Punbjis, sindhi,...and all retards only pakistanis by default are MQM only. Theuy believe in Pakistan not in Punjab, sindh etc. Mqm are true pakistani at heart but others are blowing pipelines of gas, railway still they are never blamed for problems. W.Stan is not MQM country. In karachi AH will not allow Talibans and so they live in lands of Punjab etc where they find sympathy and help.MQM supreme leadership will not allow what is going in W.Stan in Karachi. So karchi will be always safe and good. Instead of blaming MQM all times its critiques should learn political lessons from AH. Please stop snide remarks against good lae abiding anti terror people. If rulers had listened to AH we never would have to such low level. Hope BB does not repay with revenge when MQM could have banned her coming and punctured her wheels. Now some people even if MQM was involved. BB is known for repaying with bad stuff who helped her. Please do not say bad things about MQM and Supreme leader. Good day. If money taken of Karachi is given to MQM will make Karachi far better than Dubai.

Dubai has always been a trading port, oil was a temporary phenomena in their history. Granted, early days trading activity can be questioned as dubious but the recent surge in growth is not only impressive but worth case study for academics.

As for the ever so stereotypical slant against Karachi, we should remember that it was ZA Bhutto who sealed pakistan's fate by his nationalization policies back in the seventies that completly destroyed any chance of economic progress. Blaming Mqm or other small time thugs is symptomatic of of narrow minded, shallow experiences that have no economic or factual grounding.

Nabendu will Dubai survive an Iran - US conflict?

Nabendu,

(The newly set-up Diamond Exchange in Dubai was getting few takers. The target audience, diamond dealers from India, stayed away. The CEO enquired as to the reason. The answer was : these people are Jains, and they want a Jain temple. There is no Temple. The next day there was a Jain temple, and the diamond dealers came. The diamond exchange is now vibrant.)

Wait till Maulana Urstruly (pbuh) and Zeemax read this.

Regards

Imagine the world if all muslim countries became like Dubai - what an awesome place it would be. Thats the way life should be where people are happy, making money, tolerating each other and exercising their freedom. Dubai gives Islam a good name because it shows that muslim countries can also be vibrant open societies if there is willpower. I would say that far more people would be attracted to Dubai style Islam rather than than the Taliban style Islam which is a morbid, dreadful, miserable and sickening practice of the religion.

i live in dubai and believe me the place is not as good as it is being made out to be. some of the problems: -

1) It is completely artificial. i don't think anyone can relate to it, even the locals.

2) Labourers are exploited mercilessly. all the talk of id day break etc is fine. someone pls do a reality check on their salaries.

3) Racism, though subtle is pretty much thriving in dubai.

4) living costs have increased by more than 50 to 70% in the llast 2 to 3 years. prices of daily groceries and provisions are increasing needlessly.

5) its best not to talk about the print and visual media here. since i come from india, i find the standards of television and print journalism appaling.

6) the telecom company here etisalat prides itself on being an extremely hi tech co. their techies need to just hop across the arabian sea to take a look at the telecom industry in india and compare the levels of service, costs and technology. etisalat guys will have to run for cover.

7) they have formed a new telecom company called du to give competition to etisalat which was the sole telecome provider for over 30 yrs. however, when du was launched, the sheikh incharge for telecom said that du and etisalat will not compete on costs, but only services!!!! who the 'F' cares about services when costs are so high.

there r many more, but lets stick to these for the timebeing.

Re: # 3

Dubai is a criminal land , a place to commit economic Jehad against kafir lands. It is the place where criminality of muslims is at its full flourish. You just pay a Jizya to the local sheikh (viz make him a sleeping partner) and commit all sorts of international economic invoice manipulation , cash transactions, illegal money laundrying, hawala , payment for narco-arms smuggling, IPR violation etc. again against the non-muslims.

This place should be hot on the list and closely watched by the world community for its future role in the over all international Jehad.

rf writes "ZA Bhutto who sealed pakistan's fate by his nationalization policies back in the seventies that completly destroyed any chance of economic progress."

Once again the idiot writes.Nationalization did not prevent economic progress, it increased employment, which would eventually have produced a better more literate workforce if it was allowed. What has privitization that has been going on unabated since the Zia era achieved for Pakistan? Nothing, even greater poverty and unemployment and an illiterate unskilled workforce that lives below the margins. Get your facts straigt. Regarding Dubai, it is a state of the US and not an independant entity. In the troubled waters of the ME (where the trouble and the structure of that place was the result of colonial and now American policies, due in large part to oil resources) such "safe havens" have been created by these elite for their various uses, as military bases, take the example of Qatar and Kuwait or for resource and financial theft of the third world, take the case of Dubai, or to keep the entire Middle East in check, take the case of Israel....Karachi would never be allowed to become a Dubai, even on auto pilot without intereference it would exceeded Dubai but it did not due to deliberate design of those that have been dictating and determining our domestic and foreign policies through the Pakistan Army...

This is a good article as though it is an option for other muslim countries. Dubai has less than a million locals and four times outside workers. The locals do not want to work and live of the "rent:
" paid by others. Then there is teh petro dollar supporting teh constructions.

For the pakistanis, the most relevant is the emergence of a dead general walking, the general who was incharge of lal masjid is doomed to be the victim of a jihadic killing.

Already there are reports of dessertion in the pak army, soldiers not ready to finght and the last so called functioning institution of pakistan is on life support

Re: # 14

You do not care much for basic etiquette's, I will henceforth address u in the same manner.

Chutyam Sulphate writes: "Nationalization did not prevent economic progress, it increased employment, which would eventually have produced a better more literate workforce if it was allowed."

Now we have to believe the idiot (chutya) and disregard global economic prosperity achieved, economic and financial literature produced and the fact that socialist/communist states (India/China)have reversed their policies in favor of capitalism.

Village idiot adds: "What has privitization that has been going on unabated since the Zia era achieved for Pakistan? Nothing, even greater poverty and unemployment and an illiterate unskilled workforce that lives below the margins."

Zia's privatization policy? What u mean is dishing out loans to his cronies, writing off bank loans and selling nationalized units to the army welfare authorities. And u call that privatization? Get your facts straight and your head out of your ass. As for the skilled workforce, well u can thank the great leader for his policies of favoring labor over capitalism and nationalization of education.

the broken record continues: "Regarding Dubai, it is a state of the US and not an independant entity."

What Sh Mohammad (Dubai) has achieved u or your entire nasal can never achieve. As for the sovereignity status, there is no argument since your entire thesis is based on hatred towards the US.