How Dubai Nearly Went Bankrupt: The Crisis That Shook the World
In 2009, Dubai, the city of dreams and architectural marvels, faced a nightmare that shook its glittering facade. Known for its towering skyscrapers and man-made islands, Dubai’s meteoric rise was fueled by borrowed money and unbridled ambition. But when the 2008 global financial crisis hit, the emirate’s real estate market collapsed, leaving it drowning in … Read more