Dubai's Building Boom Draws to a Close

It is said that all good things must come to an end, but we figure that “good” can also be replaced with “tacky,” “strange,” or “just plain bad” and still remain applicable. So it is in Dubai where it appears that the end of the absurd building boom there has begun to come to an end (or at least slow to a pace more suitable to common sense). Following a recent plunge in Dubai’s economic markets, layoffs have swept through the many development firms and projects have been placed on immediate hold.