Word: maktoum
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Dates: during 2000-2009
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While Dubai's origins are largely a mystery, what is now a Rhode Island--size principality on the Persian Gulf was just a pearl-fishing village when its current rulers, the Maktoum family, took over in 1883. Along with those of other Arab emirates, its fortunes changed abruptly in 1966 with the discovery of oil. But compared with its neighbors, Dubai had limited reserves, prompting its rulers to turn to other industries to fuel their bold economic aspirations. Starting in the 1980s, at the prompting of Sheik Mohammed bin Rashid al-Maktoum, then the crown prince, Dubai fashioned itself into...
...years ago, an adviser went to Sheik Mohammed bin Rashid al-Maktoum with a plan for a tall office building. "Only 90 stories?" the ruler of Dubai asked. The aide was sent back to the drawing board, with instructions to design the highest structure not just in Dubai, not just in the Middle East, but in the world. When the Burj Dubai has its grand opening in January, it will be an 818-meter monument to the visionary autocrat who dreamed the Dubai dream - and, as it turns out, a conspicuous symbol of the hyper-ambition that now threatens...
...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...
...finger across the throat - he made it clear that no matter how much money I was offering (and frankly, it wasn't much), he wouldn't sail into the maze of islands. The World was a pet project of Dubai's ruler, Sheik Mohammed bin Rashid al-Maktoum, and it was patrolled by security guards in fast boats. Illegal Bangladeshi immigrants and nosy foreign reporters entered at their peril...
...Maktoum's decision to establish Tashkeel was made while curating a graduate exhibit of up-and-coming Emirati artists. She quickly discovered that nearly all those featured were working in isolation. "I felt a space that brought them together and created a community was needed in the U.A.E.," she says. The success of the Third Line gallery's growing roster of local artists served to underscore the need for Maktoum's initiative. "All of a sudden, there was a shift. People started looking at art as a commodity...