From next week's Economist:
A great piece on the rise of the Middle East economies including an interesting story with some background on the City of Dubai.
Having been to Dubai a few times, I can tell you that the story out there is compelling. This one city is home to a quarter of our planet's construction cranes, they are spending massively to diversify their economy into industries such as IT, bio, media and manufacturing as oil reserves shrink. Separately, Dubai has allocated a massive $15 billion dollars for public infrastructure alone over the next five years.
But is this sustainable? Even though many Middle East cities are flourishing attracting talent and harnessing technological assets, can these places be models for the other big "T" that being, tolerance? What do you think?