Will Abu Dhabi succeed in overtaking Dubai some day (some day soon)?
What do you think will happen with the real estate market in the UAE and Abu Dhabi as opposed to Dubai?
What is forex? The forex market is where one currency is traded for another. It is the largest market in the world, not only in Dubai. You can learn a lot about the most famous city of the Emirates and its amazing airport and also tallest tower in the world. its amazing airport. You could try following their forex trading plan (at your own peril), or set up your own forex blog to better learn forex. That way, you can at least take note of the reasons for taking specific trades, what forex chart patterns they are looking at, and get some valuable forex tips from them. Don't forget about calculating the support and resistance area for the forex pairs you're following by using a Fibonacci calculator. This will help you immensely in your trading as most speculators will be looking at the same price levels, and you could possibly predict the moves of currency pairs.
Please download or enable Adobe Flash to see CitiFX Pro's currency rates widget.
Trade Forex with CitiFX Pro
I dont see how that wud be possible in the short term at least. dubai has always had an advantage in terms of its business mentality and vision, and good ways to attract foreign investment. Abu Dhabi is a nice city a lot calmer than Dubai, but if it's not the oil revenue, what will Abu Dhabi look like? I think for manyyears ahead Dubai has guaranteed its place at the avantguarde of modern cities
Even if something happend to Dubai's economy Abu Dhabi will not be better off, i think Dubai sustains economy of the gulf, it is the most well known middle eastern brand!!
Abu Dhabi is rich, Dubai is wealthy. Rich is when you have oil, that's easy, but Dubai has the inner capacity and drive to create value out of nothing but an idea. So, no, Abu Dhabi will not overtake Dubai any time soon.
I feel dubai has seen most of the improvements and luxuries and still there is scope for more. but abu dhabi which is starting to rasie its head will feel a higher hand. examples from developed dubai, expertise from technology and options from other models might lead to its development. but i think this will happen in the long run only. not only with these two, also the other emirates which are not explored might also have a greater advantage in the years to come. one thing for sure, depression or growth is not constraint to one. change is permanent. time is the answer.
Highly unlikely. dubai is the best in the region, the leade!
It depends how you define the 2 words - rich and wealthy. Relevant to your discussion, I would say it is the other way around. Abu Dhabi has more solid money, whereas the glitz and glamour of the current Dubai is built on debts and future money.
It is obvious that AD is better able to sustain development with the current economic crisis than Dubai. We hear news about the AD government funding troubled property developers in AD like Sorouh and Aldar, and on ther other hand, developers in Dubai like Nakheel are scaling down major projects e.g The Trump Tower and The Universe.. etc.
Also, there's been news that Dubai may have to be bailed out by AD.
http://www.telegraph.co.uk/news/worldnews/middleeast/dubai/3521624/Big-spending-Dubai-may-have-to-be-bailed-out-by-Abu-Dhabi.html