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  #1  
Old 01-15-2008, 06:07 AM
California Surfin
 
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Dubai ... You love him so stop crying !!

Losses could be more than Dh432m (Bush's Trip to Dubai) Updated at 2:37 AM

Source: Gulf News

Dubai's economy may have suffered a loss of more than Dh432 million as a result of the shutdown caused by US President George W. Bush's visit, according to estimates based on the emirate's gross domestic product.

Dubai's GDP in 2006 reached Dh157 billion (nearly $43 billion). If trade comes to a standstill, then the emirate, the Gulf's largest trading hub and the major supply line, might have just lost Dh1 billion in export, import and re-export business for the day.

Dubai's first-quarter trade crossed Dh91.71 billion last year, translating to a total annual trade volume of Dh366.85 billion.

While the financial loss due to suspension in business activities may be quantifiable, it is difficult to put a value on lost opportunities, business analysts said, speaking on condition of anonymity...

Read more: http://gulfnews.com/nation/General/10182078.html


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Old 01-15-2008, 06:39 AM
Dr.Valdez Dr.Valdez is offline
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Re: Dubai ... You love him so stop crying !!

They can afford it



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  #3  
Old 01-15-2008, 08:03 AM
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franKg franKg is offline
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Re: Dubai ... You love him so stop crying !!

...and the reason we care about Dubai is ...????

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Old 01-15-2008, 09:16 AM
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PaulM PaulM is offline
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Re: Dubai ... You love him so stop crying !!

Quote:
Originally Posted by Dr.Valdez View Post
They can afford it
That's an 'understatement' if ever there was.




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