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Old Posted May 8, 2007, 6:55 PM
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oldpainless oldpainless is offline
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Quote:
Originally Posted by MLG Allstar View Post
Only 16% or less of Dubai's GDP consists of oil, while tourism is like 19%, and its growing. If you look at the charts oil isnt included. All of the growth is coming from real-estate, free trade, and their convineint location.
Dubai proper doesn't generate alot of revenue from oil reserves, but a ton of investment from outside sources are funding projects from oil profits, like the Saudis.