A Remarkable Turnaround
At the start of 2010 it looked like the economic crisis was going to claim
one of the biggest fishes of all. Dubai, one of the richest states in the world,
appeared to be going into economic meltdown and required a significant financial
bailout from its wealthy neighbors in Abu Dhabi.
For the first few months of 2010, Dubai was remarkably quiet. After all the
pomp and ceremony surrounding the opening of the biggest building in the world,
we saw remarkably little of Dubai on our television screens. During that pause
there were some big decisions made in the state, and is now firmly on the path
to economic recovery.
One of the reasons Dubai suffered so badly during the recession was the
extent to which it relied on foreign tourism. Dubai is one of the least oil-rich
of the middle-Eastern states and accordingly has spent its oil revenues making
it one of the top tourist destinations in the world, when the recession hit, the
decline in tourism affected Dubai more than almost all of its neighbours, but
now things are recovering, so too is the state.
Two projects in particular give evidence of Dubai’s recovery and ambition.
The first is the massive skiing complex known as Ski Dubai. The construction
covers 22,500 square metres and has consistent, high quality snow all the year
round. It has the world’s first indoor black run, although admittedly it cannot
possibly be as long as a mountain run, it has a 90 metre long quarter-pipe and
the largest snow park in the world (it’s over 3,000 square metres). The scope
and ambition of the project has to be seen to be believed, and its location
right next to the Mall of the Emirates makes it one of the major attractions in
Dubai.
The second incredible project is the plan by the Palazzo Versace hotel to
create a fully air-conditioned beach. A network of pipes running under the sand
will suck the heat out of the surrounding ground and a plan is also in place to
have enormous fans blowing a gentle breeze over the complex. Even the swimming
pool is going to be refrigerated!
Dubai is quite simply an amazing place, it is unlike any other state or
region on earth, and it is unrivalled when it comes to the sheer amount of
different things to do that are crammed into one, relatively small quarter of
the Middle-East. Before the recession nearly 1million British tourists flew out
to Dubai every year, and with companies like DialAFlight offering
cheap flights to Dubai it surely won’t be long before those sorts of figures
are repeated.
|