Gulf economies thriving, but on what foundation?
The Arabian Gulf region has experienced an unprecedented period of economic activity over the past decade, especially here in Dubai, which has succeeded in

The Arabian Gulf region has experienced an unprecedented period of economic activity over the past decade, especially here in Dubai, which has succeeded in reducing its reliance on oil to a point where its economy does not seem to depend on that sector for survival.

Whether this massive expansion is sustainable is a topic many who have poured investment funds into the region do not want to discuss. But are they simply burying their heads in the sand?

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