Today, the rubber met the sand. We hopped on a bus at 7AM and were whisked to a conference room in the Dubai International Finance Center. There, we were given the chance to grill the head of the American Business Council in Dubai, the expat who heads Microsoft's Dubai regional office, and then bussed to the Dubai Internet City where we learned how cheap it was to start a new business here. As exciting as all this must sound, I'll wait until we've visited Emirates Airlines and the Jumeirah Group tomorrow to comment on the virtues of Sheikh Mohammed's business acumen. Instead, I'll focus on the biggest opportunity that Dubai's beloved monarch has identified to wean his kingdom from fossil fuels: Tourism.
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| Tax-free has its privileges! |
It stands to reason that global corporations would set up shop in a relatively stable, tax-friendly local nation to do business across the Middle East. But commerce alone doesn’t justify the massive investment that the monarchy has made in infrastructure. The heart of the government’s intent is to grow the tourism trade to such a level that vacation-seekers, particularly from Europe, China and India and especially those in the upper net worth brackets, will find Dubai irresistible.
Low Rent
When Westerners think of Dubai, they think of oil barons wheeling around in Ferraris. However, it is possible to enjoy the emirate without breaking the bank. Bargain seekers can plumb the Gold Souk, comprised of hundreds of stores hawking jewelry, clothing and spices. Although there are high-end shops to be found pretty much anywhere, one can just as easily pick up a knock-off Rolex or Ray Bans. I did just that, and felt like a proper weekend millionaire.
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| Entrance to the Souk |
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| Nuts! |
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| Spices Galore |
We dropped our prizes at our hotel and ventured into the desert for some dune bashing. What, you might wonder, is dune bashing? A simple glance at a satellite photo of the Emirates will remind you that this place has as much sand as oxygen. Dune bashing entails piloting a rugged SUV through the dunes as fast as possible. Our hosts divided our group into teams of five, and we each climbed into a brand new Land Cruiser driven by a kandura-wearing local. I wangled the shotgun seat and tried to strike up a conversation with our driver, but he seemed far more interested in fiddling with the music. After about 30 minutes of driving southeast of the city, our line of Land Cruisers abruptly pulled off the highway and into a catchment area where the drivers got out to let air out of the tires. Decreasing the air pressure increases the tire’s footprint on the sand, thus maximizing offroad traction on the dunes. He instructed us to keep our hands at our sides and our fingers away from the roll cage that had been constructed inside the luxury vehicle. This makes sense—if the car rolled, it would be easy to crush a finger or limb between the bar and the vehicle’s skin.
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| Land Cruiser convention? |
Dune bashing may not sound like much fun, but there is something satisfying about powering sideways up a massive sand wall only to dive down the other side. We bulled our way through the desert, stopping for a while to watch the sun setting over the massive sea of sand. As night fell around us, our drivers used on-board compressors to re-inflate the tires. We pulled into a makeshift oasis where aides-de-camp had set up low tables surrounding a raised platform. We sipped sweet tea, nibbled on grape leaves and smelled the lamb and rice cooking as vendors hawked shishah and henna. As we feasted, we were entertained by a belly dancer and whirling dervish. Tomorrow, we'll hear from a Microsoft executive who expatriated from Seattle, then visit the Emirates Airlines training center. In the mean time, see if you can watch this all the way through without getting dizzy.








