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

  • 'Dark Knight' Changed Movies, and the

    Christopher Nolan's 'Dark Knight' Changed Movies, and the Oscars, Forever

    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 […]

  • Ron Satlof

    Ron Satlof, Veteran TV Director, Dies at 79

    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 […]

  • Wolf-Kasteler Promotes Graehme Morphy, Annick Muller

    Wolf Kasteler Promotes Graehme Morphy, Annick Muller (EXCLUSIVE)

    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 […]

  • Comic Con Hall H Panel Gender

    Comic-Con: Why Is Hall H Still Lacking in Female Panelists?

    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 […]

  • Dwayne JohnsonLegendary and Universal Pictures' Present

    Don't Blame Dwayne Johnson for 'Skyscraper's' Underwhelming Debut

    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 […]

  • Millarworld Comics in Development at Netflix

    Millarworld Film Adaptations in Development at Netflix With Ted Melfo, Neal Moritz

    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