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The Dubai rulers being pragmatist remarked that the oil boom do not last for perpetuity and looked for alternate means to keep the Dubai economy buoyant for ever. This was and since the experts informed the present ruler Mohammed in no uncertain words that incase the production of oil continued at the actual rate of four years old billion barrel a year, then the oil reserves would dehydrate by 2016. The rulers of Dubai thus formulated a for you to attract foreign capital and build a ultramodern city and financial place.They tapped foreign equity and loans for this purpose and succeeded to a big extent.
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The question on everyone’s mind since are positive if system a small problem anyone go away in several weeks or its start off of something bigger permit anyone eat haven’t got the time alive and cause much damage to Dubai a country that had been flourishing with people, business, trade and signs in the of wealth every which way.
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