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The global financial crisis hit Dubai hard. Local government-backed investment companies were overextended and had taken on a high level of risk during the years of readily available capital from international banks, many of which had assumed the government would guarantee every deal. Exact figures vary, but estimates suggest that Dubai firms...

Over the past four decades Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its...

useful information for visitors to Mongolia

An almost mythical land of nomads, epic landscapes and the ghost of Chinggis (Genghis) Khan, Mongolia is a place where nature can be explored on a grand scale. Polo, a tradition that is hundreds of years old and now seeing a resurgence, is an ideal way to experience Mongolia’s landscape and history. Situated around 300 km from Ulaanbaatar, the...

In centuries past, military skills were of great significance and it was considered necessary for Mongolians to develop abilities that were useful on the battlefield. One instrument that was of particular cultural and practical importance was the composite bow. It is often considered superior to bows produced in the West due to its ability to...

Two issues facing any prospective investor in a developing nation are what is permitted and whether the laws of that country will protect their investment. For several years it has been recognised that Mongolia has tremendous potential, not just in terms of mineral resources, but also in agriculture and renewable power generation. The country...