Blog > International Investing > Blog article: Foreign Investment: Profit from Burj Dubai
 | Email This Article Email This Article  | 

Foreign Investment: Profit from Burj Dubai

Posted April 2, 2008

“If there is one emblem of Dubai’s fast growth, it’s the Burj, whose completed height of 2,684 feet is a symbol of the emirate’s transformation into the Middle East’s financial and tourism hub.” — Mike Caggeso

by Mike Caggeso, Money Morning

Baltimore – (TFN): When flocks of tourists gaze from the top of the world’s tallest building - the colossal Burj Dubai, slated to be completed in 2009 - they’ll see a swath of construction cranes dotting the skyline and dozens of tankers awaiting arrival/departure from the world’s largest man-made harbor.

To the southwest, they’ll see - with binoculars - a vast desert spotted with dune buggies and recreational vehicles.

Looking down, they’ll see the emirate’s eight free economic zones, built to attract foreign companies such as Microsoft Corp. (MSFT), Nokia Corp. (NOK), Siemens AG (SI) and many more.

If they take a tour of the tower, they’ll find 30,000 homes, nine hotels, a mall and a man-made lake.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

China’s “Dirty Little Secret” is About to Uncork 1,046% in Gains

While U.S. investors are fixated on subprime woes, China’s at it again. It’s about to launch one of its biggest initiatives in history - a $486 billion “clean up” effort that rivals the cost of the Iraq war.

Our network of insiders within the halls of Chinese government and commerce show us which companies are about to get windfall contracts, for gains of 1,046% or more in the coming months.

CLICK HERE for our free report.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

But nowhere will they see remnants of the Dubai of a half-century ago, when the city was better known as a pearl fishing village.

If there is one emblem of Dubai’s fast growth, it’s the Burj, whose completed height of 2,684 feet is a symbol of the emirate’s transformation into the Middle East’s financial and tourism hub.

Indeed, the Burj’s stated goal “is not simply to be the world’s highest building. It’s to embody the world’s highest aspirations.” Read on to learn how you could profit from the Burg Dubai.

****Make sure you sign up for our free TFN News Feed for breaking news, special reports and new financial videos. You can pick your favorite reader . Or if you prefer, you can have the feed delivered to your email.


Related Articles


Posted by TFN-International · Filed Under International Investing 

Comments

close Reblog this comment
Powered by Disqus · Learn more
blog comments powered by Disqus