There was a post recently about Dubai and work opportunities.Seems that things there are not as rosy as discussed.
read an article and copied a small piece for sharing.a young man I know has property there and has invested much hope things dont go flat..

from BBC webpage.
Dubai's government said on Monday it was not responsible for the debts of its flagship conglomerate, offering little clarity on a plan to delay billions in debt repayments that has rattled world markets.