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There were interviews with exploited Asian workers in filthy labour camps, hilarious encounters with Ukrainian prostitutes in Dubai nightclubs, and heart-rending accounts of jailed expats or sacked foreigners having to sleep in their 4×4s. For those of us living and working in the country, it almost seemed like they were writing about somewhere else.
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How the emirate resolves the current dispute with its international creditors will determine whether it remains the best hope the Middle East has or reverts to some kind of Islamic isolationism. The fear among expats – and Dubai Emiratis – is that, if Abu Dhabi bails out Dubai, it will exact a high price for its financial lifeblood. It may seek control of crown jewels like the Emirates airline or the DP World ports business, or to take over the Dubai International Financial Centre, the region’s closest equivalent to the City of London and Wall Street.

See the full article from “guardian.co.uk”