Monday 1 February 2010

Dubai: broke, but not dead















With much fanfare the new Meydan racing complex was opened last Thursday and Sheikh Mohammed bin Rashid al Maktoum, the ruler of Dubai and vice-president of the UAE, could engage in his favorite pastime: the inauguration of mega-projects. It goes without saying that Meydan has the biggest grandstand in the world. Still, the ruler seems to be in a contemplative mood amid the crowd of visitors.