Going off-topic I admit, but why doesn’t Dubai become more like Russia instead of going down the tourism route?
After Russia’s large oil wells dried up they turned to trading, refining and transporting the black gold. The world’s largest oil pipe lines run from Saudi Arabia to Russia and from Russia to China. Russia is the world’s largest oil exporter, despite producing very little – it’s really no surprise there are so many Russian oil billionaires (their set up is second to none).
The UAE could follow the Russian model, after all they’re perfectly situated between Saudi Arabia and India.