How Dubai Look in Downturn
NY Times: Laid-Off Foreigners Flee as Dubai Spirals Down
With Dubai’s economy in free fall, newspapers have reported that more than 3,000 cars sit abandoned in the parking lot at the Dubai Airport, left by fleeing, debt-ridden foreigners (who could in fact be imprisoned if they failed to pay their bills). Some are said to have maxed-out credit cards inside and notes of apology taped to the windshield.
Source: Gulfnew, circa 2006
Other sources:
- Times Online: Driven down by debt, Dubai expats give new meaning to long-stay car park
- Arabian Business: Qatar sees huge hike in abandoned cars
- Financial Times: Two tales of a city — and Dubai’s luxury car giveaway
- Daiji World: Indians flee Dubai as dreams crash
So what’s the future dream of the highest tower in the world which unknown of its tall, the Burj Dubai, the rotating tower, and other monstrous palm resort?
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