Sheikh Mohammed speaks out

It's a very rare thing indeed to hear the man speak. And when he does, it's worth a listen. An Embiz24/7 special covers the entire online interview with the press held on Saturday, as well as report on the current crisis:

"I believe that no preventive measures, neither in the UAE nor any other country in the world, would have provided the desired immunity from the ramifications of the global financial meltdown...Our position is far better than other countries, and encouraging economic indicators have just started to emerge."

I personally think this a step in the right direction, considering the recent barrage of articles on the 'dark side' of Dubai.

Oh, as a side note, he also says there's no income taxes anytime soon. Yeay.

The Bright Side of Dubai

Johann Fairy of The Dependent *) reports Only The Good News!

'The Dependent' is a new publication in Dubai. It may be government owned but maybe not. This is not your business. Don't ask disparaging questions. Its mission is to fearlessly counter-report really totally unfair bad news about Dubai (which are not true anyway) and will rectify and undo slanderous attacks aimed at Dubai’s irreproachable image perpetrated by ingrate expatriate bastards who should leave if they don’t like it here.
It will be circulated freely and all residents are invited by law to read it over morning coffee smiling, whilst rubbing their ID cards on their chests three times. If you don’t have ID card you go jail.

Read the Good News here now or else.