The windfall of record high oil prices is visible in GCC countries’ economic boom. UAE’s real estate market has been booming for years despite the increased raw material cost and shortage of contractors to meet the demand.
Source: FT.com
Duration : 0:7:53
[youtube Q75_Ye108vI]
August 6th, 2009 at 3:14 am
long lived the UAE
long lived the UAE
August 6th, 2009 at 3:14 am
wow..a tenth of …
wow..a tenth of that would feed and house all the poor