Investing in the middle east

[orangebelt]

Originally Posted by cheer

Besides the petrol and oil, what else trading business is popular in Dubai. I justwatched a show just now describing the economic from Dubai, in fact, the understanding tell me that out of 10 people you meet in Dubai, 8 of them are foreigners. They come to Dubai for variety of business like selling the gold and etc. Anyone can share a better picture what kind of comodity is the best in Dubai besides the oil?

True..

I heard the same thing... 75% of Dubai population are foreigners.. only 25% locals... who have been showered with gifts from their rulers...

The own the land/properties and let those foreigners run the country's economy...

I was told that in the middle east, black money is allowed... is that true?? does anyone have an explaination to this???

[MoneyMaker]

Actually they cant really compete with that, the amount of money dubai has emables it to get every specialist in the world to do whatever they want.
We all know there werw just some tribes beofre they doscivered oil, but we all have to respect them for being able to do all that in such short time.

[ibrahimom2008]

Kuwait is also a very rich country, especially in raw materials.
Iraq is also a good place to invest but currently it's impossible to do so.
And finally Iran which is the richest in nuclear power (uranium).