Word: dubai
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...rulers of the United Arab Emirates city-state of Dubai have for months breezily dismissed concerns about Dubai World, the government's main holding company for investments and real estate developments. "We are not worried," said Dubai's Emir, Sheik Mohammad bin Rashid al-Maktoum, at a press conference two months ago, despite the fact that Dubai has debts that are at least 100% of GDP - and may be closer to 125%. When critics later complained that Dubai had no realistic plans for paying off its debts, al-Maktoum told them to "shut up." But on Thursday, as Dubai...
Mahad Abdullahi Hassan had never heard of Nepal before the day he landed there. When the 28-year-old Somali boarded a flight from Dubai to Kathmandu on May 23, 2007, he was hoping he would finally reach his dream destination: Sweden. He had, after all, shelled out $4,000 to a human trafficker who promised to smuggle him to the Scandinavian country...
...Next Dubai" Saakashvili, 41, is the son of intellectuals, his father a doctor, his mother a professor. In 1993 he got his first prolonged taste of the U.S. when he won a fellowship to study law at Columbia. He lived in New York City and Washington for several years, passed the New York bar exam and worked in private practice before being summoned back to Georgia to be part of a movement of young reformers, many of whom had been living in the West, that would transform what had been until 1991 a republic of the Soviet Union...
...host a giant civic New Year's Eve concert featuring Julio Iglesias, whom Saakashvili decided to hire for just over $1 million. While going over blueprints with his Spanish architects, Saakashvili told me he likes buildings that are "original, crazy and brave." He said Batumi could be "the next Dubai." He then produced a set of plans for the drab 2014 Olympic Village that the Russians are building just down the coast in Sochi, so everyone could have a laugh at the dullness of his enemy's architects. (See pictures of the Georgia conflict aftermath...
Record sales at Christie's recently opened Dubai auction house and a veritable village of Middle Eastern pavilions at this year's Venice Biennale confirm it: Middle Eastern art is on the rise. But what do general audiences know about it? A current show in Paris hopes to address any preconceptions with work by emerging artists that exudes modernity and vigor...