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> The only thing the Gulf states have going for them is oil money and a good hub location on the Europe–Southeast Asia Do they need anything more? And you ment
by paganel 3y ago
> The only thing the Gulf states have going for them is oil money and a good hub location on the Europe–Southeast Asia
Do they need anything more? And you mentioned airplanes, but you failed to mention logistics more generally and container shipping, with Jebel Ali port being the third largest (behind LA and Rotterdam) in a list that would exclude East Asia and Singapore. [1] There's also tourism because, yes, people are actually paying money in order to visit places like Dubai, and that's because they like what they see there.
And then there's finance.
[1] https://en.wikipedia.org/wiki/List_of_busiest_container_ports https://en.wikipedia.org/wiki/List_of_busiest_container_port...?