Monday, June 30, 2008

Consumer splurge harming economy: UAE govt

(DUBAI) Rampant consumerism in the United Arab Emirates - home to Dubai, the self-styled capital of conspicuous consumption - could damage the economy and hinder the Gulf oil producer's efforts to become self-reliant, a government report said.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,285703,00.html?

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