Dubai country briefing There are just a few spots in the middle east that fully embrace economic growth and globalization. One of them is Dubai that managed to grow from a small settlement in 1960 to a 1 mio. metropolis in modern times. It boosts GDP growth figures between 5-8% and does play in an already high income area (USD 20.000). Dubai ranks third worldwide in shopping area per capita as it has major retail outlets and provides half of shipping tonnage on the eastern Arabian peninsula. Property investments hit USD 63bn this year and the construction boom might last a while as property prices are still in check. More: TJ's Weblog "Technology, Venture Capital and Entrepreneurship": Dubai country briefing