You will be redirected back to your article in seconds

Dubai on hold

Many projects put on hold until financial stability returns.

While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit.

For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to build the world’s tallest tower, biggest mall and most luxurious hotel. U.S. film execs soon got in the act with Universal, Paramount, Marvel and DreamWorks Animation all announcing theme parks in the emirate’s mammoth Dubailand.

Many of those projects have now been put on hold until financial stability returns.

But while some may have written off Dubai’s ability to recover from its current difficulties, others are remaining more sanguine in their long-term view.

More Film

  • Stacey Snider Chairman and CEO 20th

    Fox Chief Stacey Snider Addresses Sale to Disney in Moving CinemaCon Speech

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

  • Paradigm's Liz Morentin portrait session in

    Liz Morentin Named Head of Communications for Paradigm Talent Agency

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

  • avengers infinity war

    'Avengers: Infinity War' Scores Third-Largest Fandango Pre-Sale

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

  • Ted Lim MGM

    MGM Hires Veteran Participant Media Executive Ted Lim

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

  • Rodeo Estonia Documentary

    The EFP at Hot Docs: European Docmakers Record New Cultural Shifts

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

  • ArteCareyes Ecology

    Mexico's ArteCaryes Film and Arts Festival Marries Cinema With Mother Nature

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

  • Tom Hiddleston

    Tom Hiddleston Talks ‘Avengers: Infinity War’ and Landing Loki

    While the likes of Qatar and Abu Dhabi have been relatively sheltered from the recent global economic crisis thanks in some part to their gas and oil wealth, respectively, neighboring Dubai has been much harder hit. For years, the glitzy emirate was a byword for growth and prosperity. Real estate developers outdid each other to […]

More From Our Brands

Access exclusive content