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Dubai 2007

Inside this issue

• The country plans to treble GDP in the coming decade

• Sheikh Mohammed faces a tough challenge in keeping expatriates and local residents content

• The emirate pins its hopes on international bourses - -

Content

‘Bubble economy’ defies gravity

The emirate is preparing for when the oil runs out, reports Simeon Kerr

Economy: Emirate sets its sights on trebled GDP by 2015

Simeon Kerr reports on a characteristically ambitious plan

Finance: How big is the pie?

Investment banks are hoping for a surge in M&A activity, writes Simeon Kerr

Exchanges: Raft of bourses crowds market

James Drummond investigates Dubai’s bid to be the world’s fourth financial centre

Guest column: Abdulkhaleq Abdulla: The best and worst of times

In the case of Dubai, going global raises serious issues regarding national identity, citizenship, sustainability and ultimately the question of who is in the driving seat, writes Abdulkhaleq Abdulla

Politics: A delicate balancing act

Simeon Kerr reports on the efforts of the emirate’s ruler to keep both locals and expatriates happy

Reputation: Pressure mounts to improve labour conditions

The outcry is growing from human rights groups, writes Simeon Kerr

Art: Maturing market paints a pretty picture

Auction houses and chichi galleries have replaced the tourist tack, says Antonia Carver

Infrastructure: Energy shortages could scupper plans

James Drummond predicts the strain of the next mammoth developments

Logistics: Pillars of economic success

The tradition of investing in huge transport hubs continues, says Simeon Kerr