Dubai Forums Dubai Discussions Dubai General Chat

Duba is growing way too fast. Isnt such a growth dangerous to the economy?

bsorc wrote:Duba is growing way too fast. Isnt such a growth dangerous to the economy?

Can you tell us where is Duba so that we can comment?

sage & onion wrote:

bsorc wrote:Duba is growing way too fast. Isnt such a growth dangerous to the economy?

Can you tell us where is Duba so that we can comment?

I think he means Dibba.

bsorc wrote:Duba is growing way too fast. Isnt such a growth dangerous to the economy?

Yes it is. Yes it is.

Dubai is one of the fastest growing cities in the world, but the government is doing everything to asure that the economy does not crash, so far they have succeeded

hamadl wrote:Dubai is one of the fastest growing cities in the world, but the government is doing everything to asure that the economy does not crash, so far they have succeeded

With the AED pegged to the US Dollar does not help its cause considering Dubai is made up of mostly expats.

What are they going to do as more and more labour shortages are predicted on the horizon?

Cheers markco2

I'm really getting affected by the decrease in value of the USD/AED now. If this continued, I will consider going back to my country since by then the salaries there is almost the same with mine working here.
But even if thousands did the same, i don't think it might cause labor shortage here as there seem to be an infinite supply of cheap labor from the poorer countries.