Before making business around the world shocked by the news failed to pay the debt last week, Dubai had always fascinating way to grow. In 1991, Dubai was a desert and almost empty. Ten years later, Dubai was transformed into one of the fastest growing city in the world. Person behind the rapid development was the late Sheikh Rashid bin Said al Maktoum, the father of Sheikh Mohamkmed bin Rashid al Maktoum which is now leading Dubai. Sheikh Rashid reckless borrowing millions of dollars from its neighbor, Kuwait, to dredge the river mouth of Dubai wide enough and deep for the ship sailed. Read more »
Posts tagged: financial
Dubai Shocked the World Bussiness
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