इब्राहीम इससे

IBRAHIM'S INTRODUCTION
Crisis of Dubai
The geographic location of Dubai among the oil-rich countries in the Gulf with a shortage of economic resources in Dubai. The need for a financial and trade center to serves area was encouraged Dubai to be this center as attempt to improves its economic resource by pick up this opportunity. Dubai government has established several companies, which are owned for government but are not guaranteed by government, to accelerate reaching its ambitious.
As a result of these companies that owned by government, they have been able to borrowing a massive amount of credit to launch their new project in infrastructure and construction to become a appropriation place for attract investors and tourists. Largest company in this field is "DUBAI WORLD" which owned several artificial islands, tallest tower in the world which has been opened early in 2010 and number of project around the world has announced later 2009 to its lenders for delay their payments into the next six months.
There are number of people consider that the collapse of Dubai is inevitable. This essay will argue for the ability of Dubai to overtaking this case by focusing on what is Dubai World? And reasons and implication of this crisis. At the end will give view about how Dubai might avoid the bankrupt.
References:
http://knowledge.wharton.upenn.edu/article.cfm?articleid=2399
http://emerging-business-markets.suite101.com/article.cfm/dubai_hard_hit_by_global_crisis
IBRAHIM'S INTRODUCTION