All Posts Tagged With: "dubai investment"

Dubai: More Bubble or More Boom? Time Will Quickly Tell

Dubai has plenty of qualities that catch an investor’s eye.

-The emirate has the world’s only (self-proclaimed) 7-star hotel.
-Dubai also is home to the biggest financial market in the Middle East, which is itself publicly quoted and trades at 25 times forecast 2008 earnings.
-It has been enjoying one of the greatest construction booms the world has ever seen.
-And Dubai is planning a huge tourist expansion, aiming to boost that sector to more than the 18% of the economy it already accounts for.

So, why aren’t Dubai investments a screaming buy, where we should all be investing our money? After all, plenty…

23Jul2008 | Money Morning | Comments Off | Continued

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