Dubai Risks Losing Allure on Oil Slump

The video discusses the economic challenges Dubai faces due to fluctuating oil prices, impacting employment and growth. Despite these challenges, Dubai remains ahead of its GCC peers due to its diversified economy. The IMF predicts growth, driven by infrastructure projects like Expo 2020. The video also highlights Dubai's attractive lifestyle for expats, contrasting it with stricter social environments in the region.

What is one of the main reasons for the economic challenges faced by Dubai?

• Drop in oil prices

• Rise in real estate prices

• Increase in tourism

• High inflation rates

How does Dubai's economic growth compare to its GCC peers?

• It is lagging behind

• It is on par with others

• It is ahead of the pack

• It is declining rapidly

What is a key factor contributing to Dubai's expected economic growth?

• Reduction in taxes

• Infrastructure development for Expo 2020

• Tourism boom

• Increased oil production

What is the long-term outlook for Dubai's economy according to the people interviewed?

• Stagnation

• Rapid growth

• Continued weakness for a few years

• Immediate recovery

Why is Dubai considered an attractive destination for expats and businesses?

• Liberal environment and excellent infrastructure

• High cost of living

• Limited job opportunities

• Strict social codes