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Amazing development #278730
04/30/08 12:28 PM
04/30/08 12:28 PM
Joined: May 2000
Posts: 6,954
San Pedro Town, Ambergris Caye...
Amanda Syme Offline OP

Amanda Syme  Offline OP
This is an interesting site - I don't necessarily agree or disagree with the comments and captions - but wow - talk about modern technology and architecture.

The dredge technology that built the Palm Island was used to replace Cancun's beaches after Wilma...

Re: Amazing development [Re: Amanda Syme] #278737
04/30/08 01:31 PM
04/30/08 01:31 PM
Joined: May 2005
Posts: 3,955
Frigin Cold Columbus, Ohio
Otteralum Offline
Otteralum  Offline
It's great! Dubai's success has already had a ripple effect to bring peaceful free-market trade to previously unthinkable parts of the middle east. The great hope for moderate Islam (if possible) lies in the success of the U.A.E., Qatar, and others.

I will have a Belikin -- put it on klcman's tab.
Re: Amazing development [Re: Otteralum] #278748
04/30/08 02:37 PM
04/30/08 02:37 PM
Joined: Oct 2007
Posts: 3,281
Arizona USA
azbob Offline
azbob  Offline
A little background information on U.A.E.
Source: The Energy Information Administration

The United Arab Emirates (UAE) is an important oil producer with the fifth largest proven oil reserves in the Middle East and the fifth largest proven natural gas reserves in the world. The UAE is a member of the Organization of the Petroleum Exporting Countries (OPEC) since joining in 1967. The emirate of Abu Dhabi is the center of the oil and gas industry, followed by Dubai, Sharjah, and Ras al Khaimah. In 2004, natural gas supplied 64 percent of the country’s total energy consumption, and oil supplied the remaining 36 percent.

The UAE is a high-income, stable federation of seven emirates with the second largest Arab economy in the Middle East. The non-oil sectors grew 18.6 percent in 2006 and have tripled during the last three years. Good relations with Asian trading partners and a growing domestic population have helped diversify the thriving economy. However, the country remains dependent on oil revenue, and the government has announced large oil production capacity increases within the next seven years. Abu Dhabi is the major hydrocarbon and industrial power while Dubai is the trading, financial, and tourist center of the emirates. Abu Dhabi and Dubai account for 80 percent of the UAE’s income. Hydrocarbon revenues account for around one-third of the UAE’s GDP, though the non-oil finance and service sectors in Dubai are making the city a favored base for multinational corporations in the Gulf

My thoughts:
Dubai is quickly becoming the financial center of the Arab World along with all the other “world record” biggest: buildings (2 of them under construction), theme parks, indoor snow skiing, islands, etc.

Let us see, is there any thing we should be concerned about:
MEMBER of OPEC since 1967!!! Huge reserves of oil and gas and soon to be the financial center of the Arab World.

"Hold on Tight To Your Dreams" ELO
Re: Amazing development [Re: azbob] #278762
04/30/08 03:50 PM
04/30/08 03:50 PM
Joined: May 2000
Posts: 6,954
San Pedro Town, Ambergris Caye...
Amanda Syme Offline OP

Amanda Syme  Offline OP
I have spoken with quite a few people that have vacationed in Dubai lately (past 3 years or so.) All enjoyed the place and have gone back to visit again. Some have already bought real estate there or are still considering purchases.

Re: Amazing development [Re: Amanda Syme] #278876
05/01/08 01:47 PM
05/01/08 01:47 PM
Joined: May 2002
Posts: 81
San Pedro
Banana Beach Offline
Banana Beach  Offline
After clicking on the link above it is obvious oil prices are too high...

Re: Amazing development [Re: Banana Beach] #278913
05/01/08 04:18 PM
05/01/08 04:18 PM
Joined: Feb 2003
Posts: 4,001
New Jersey/sanpedro
captjeff Offline
captjeff  Offline
Was there three weeks ago for a day on my world cruise the place rocks...Some big money here ..

Living The Dream Every Day!
Re: Amazing development [Re: captjeff] #278969
05/01/08 09:30 PM
05/01/08 09:30 PM
Joined: Nov 2000
Posts: 5,546
Birdland - 1 mile north
ScubaLdy Offline
ScubaLdy  Offline
Very interesting marina design. I wonder if it eliminates the build up of sand bars???

Last edited by ScubaLdy; 05/02/08 10:04 AM.

Take only pictures leave only bubbles
Re: Amazing development [Re: ScubaLdy] #279001
05/02/08 08:24 AM
05/02/08 08:24 AM
Joined: Mar 2006
Posts: 1,822
South Ambergris Caye
JZB Offline
JZB  Offline
We watched a show on the National Georgraphic channel yesterday on building the palm island. It was really interesting the know how and vision they have. Also the problems they had and still have to overcome working against mother nature. It was a good show.

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