Saturday, November 23, 2013

Dubai's Race to Be Number One

Hey there! How's it going? Glad you could take a few minutes to click by today. I appreciate it. The coffee's hot and there's a new tray of virtual doughnuts, muffins and assorted pastries to tempt you so... be a devil. Y'know, the Middle East has never been high on my list of places I want to visit - except possibly Egypt (which as we all know is in Africa, really). Friends of ours went to Dubai a couple years back and they thought it was great. So, when I saw this, I thought it might make an interesting post.

Sultan Ahmed Bin Sulayem is the man behind Dubai's transformation into a world business and financial center. He is the chairman of DP World. 

Among the oil-rich Persian Gulf region, Dubai is exceptional for being rather oil-poor. Over the course of several decades, Bin Sulayem has turned the sleepy port city of Dubai into a major container port, financial center, and real estate paradise that is home to many of the world's rich and famous. 

The result has been a flood of foreign investment into Dubai. Using that money he created a transportation network connecting shipping terminals around the world making Dubai the 3rd largest hub in the world. DP World today operates more than 60 terminals across 6 continents and is still growing and expanding. 

Dreaming of a return to the golden age when his people were world leaders in so many fields, Bin Sulayem aims to be No. 1 again. 


Ten million people visited Dubai last year - a number the government wants to see double by 2020.
Dubai International Airport however, cannot handle that increased capacity.So another airport has been built on the other side of town.The new airport will be the largest hub in the world.
 
Holy camel crap, eh! This is a place that is definitely on the move. It's expanding faster than my waistline at an all-you-can-eat buffet!
 
See ya, eh!

Bob

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