Pogotheostrich wrote:knapplc wrote:I have grave concerns about locating such a wealthy jewel in such a politically unstable region of the world. Dubai is tiny, has no defense forces to speak of, and has immense wealth. What's to stop anyone from jumping in and taking over, a la Kuwait? There's no way I would go over there unless that whole region of the globe got a LOT more stable.
Because they are building a economy based on tourism. I don't think too many people want to visit a country under military occupation.
If you are interested in more about Dubai check this out.
They also have very, very favorable business and banking laws, so a lot of companies (from other countries) are moving there, or at least establishing a presence there.