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Teachers and Students => Debates => Topic started by: Freaked12 on December 21, 2010, 10:50:17 am

Title: Dubai style growth or Saudi style of economic growth
Post by: Freaked12 on December 21, 2010, 10:50:17 am
Which do you prefer.
Discuss discuss  ;D

Saudi Arabia’s economy has changed a lot over the last few years, in terms of size and capacity. Back in 2003 it was a $213 billion economy, today it has more than doubled. Few countries have the ability to double in size in the space of six years. Within the same period, however, the country’s actual budget has grown from $69 billion to $170 billion, a near threefold expansion. As per capita incomes shrink in many euro zone economies, Saudi Arabia since 2003 had been able to nearly double its own.
In 2005, the education budget of Saudi Arabia amounted to SR70 billion, in the 2011 budget it amounts to SR150, an increase of more than 100 percent.
Taken from arabnews
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: $tyli$h Executive on December 21, 2010, 11:00:56 am
Dubai style. ;)
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: The Golden Girl =D on December 21, 2010, 11:03:17 am
I was going to say that same but We Need to Obviously explain -.-
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: $tyli$h Executive on December 21, 2010, 11:07:15 am
Personally I don't like the attitude of some of the people of  KSA when it comes to this issue.

They blame Dubai's growth is due to "Zionist principles and system".

This is obviously short sighted.

Will elaborate later
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: Freaked12 on December 21, 2010, 11:18:22 am
Why do you prefer Dubai instead of Saudi Arabia.

Their growth has resulted in billions of dollars worth of debt, it is so lucky to have Abu Dhabi as its Sugar Daddy.

Mean while Saudi Arabia is being more cautious. Benefits you can see if you come to Riyadh Jeddah or Khobar.

Third highest foreign reserves in the world, with 175 billion Saudi riyals allocated to education alone along with doubling of per capita in just seven years etc etc.

And if you compare it's size and population with UAE, it is nothing short of a miracle.
8 Economic cities are being developed through out the country and 3 of them are like in literal sense Cites.
My dad is working on a project as well in King Abdullah economic city and if this city is completed successfully it will be a pride to both the Saudis and muslims world wide.
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: elemis on December 21, 2010, 11:20:27 am
Two words : Shariah Law
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: Freaked12 on December 21, 2010, 11:22:48 am
one word-Culture^
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: $tyli$h Executive on December 21, 2010, 11:39:55 am
Why do you prefer Dubai instead of Saudi Arabia.

Their growth has resulted in billions of dollars worth of debt, it is so lucky to have Abu Dhabi as its Sugar Daddy.

Mean while Saudi Arabia is being more cautious. Benefits you can see if you come to Riyadh Jeddah or Khobar.

Third highest foreign reserves in the world, with 175 billion Saudi riyals allocated to education alone along with doubling of per capita in just seven years etc etc.

And if you compare it's size and population with UAE, it is nothing short of a miracle.
8 Economic cities are being developed through out the country and 3 of them are like in literal sense Cites.
My dad is working on a project as well in King Abdullah economic city and if this city is completed successfully it will be a pride to both the Saudis and muslims world wide.

I don't mean a rivalry. Both of the states are muslim states and thus, our brothers. Both of them has achieved remarkable economic success.

My point was that, there should not be any rivalry between the two states. Like one state blaming the other as I illustrated above.

Quote
Two words : Shariah Law

You mean?
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: Freaked12 on December 21, 2010, 12:50:47 pm
I don't mean a rivalry. Both of the states are muslim states and thus, our brothers. Both of them has achieved remarkable economic success.

My point was that, there should not be any rivalry between the two states. Like one state blaming the other as I illustrated above.

You mean?

Hey they are not rivals in literal sense. News like Saudi Prince marrying a Emirati princess is not rare.
A Saudi citizen can cross into UAE just by showing the ID card and vice versa.

The only rivalry is in economic field as they are two gigantic economics in the arab and muslim world. And for sure i have never heard of any Saudi saying what you just wrote.I think :/
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: The Golden Girl =D on December 21, 2010, 03:08:54 pm
the GCC Countries are NOT Enemies of each other No Matter what , Cuz the have Political relations ..etc .
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: Crooked on December 21, 2010, 05:12:27 pm
Can't wait fer the economic cities to come into existence. ::)

Saudis will outweigh everyone, then. :P
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: blackberry on December 22, 2010, 10:56:49 pm
well actually evn though ive never been to saudi and i live in dubai and all, i'd say saudi is better in terms of prices.
stuff there is like cheaper than dubai!!! heck evn india is becoming cheaper than dubai!! :P :P
but the uae grants more freedom than saudi mainly because saudi is more strict in terms of islam related laws!!
so dubai is better than saudi in those terms!! :P!
but it doesnt really matter does it??? atleast the gulf is stable in terms of political issues!!!
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: Arthur Bon Zavi on January 02, 2011, 06:33:35 am
Both are equal, as both are LEDCs.
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: elemis on January 02, 2011, 10:14:41 am
Both are equal, as both are LEDCs.

I dont know about you, but the last time I checked Dubai wasnt a country ;)

The UAE may be considered to be a NIC (Newly Industrialized Country). Definitely not an LEDC.
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: Arthur Bon Zavi on January 02, 2011, 11:41:21 am
I dont know about you, but the last time I checked Dubai wasnt a country ;)

The UAE may be considered to be a NIC (Newly Industrialized Country). Definitely not an LEDC.

Sorry !

Dubai is a city in UAE which is a developing country ! Is it okay now ?
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: astarmathsandphysics on January 07, 2011, 04:48:38 pm
Why do people think growth will last for ever? The chinese and Indians will start guzzling oil like crazy in the next ten years and the price of oil could reach $500 a barrel. What then?
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: blackberry on January 07, 2011, 09:42:41 pm
Why do people think growth will last for ever? The chinese and Indians will start guzzling oil like crazy in the next ten years and the price of oil could reach $500 a barrel. What then?

growth actually already ended with the recession and evrything....bleh!! but the indians are switching to nuclear and so is the uae, its gonna cost alotta money though but atleast it cud save resources (sorry for the environment talk!! :PP)
and hoo noezzzz where china is gonna go!!!theyve already made a dual sim iphone 4 which costs about 60 dollars or something!! :D!
Title: Re: Dubai style growth or Saudi style of economic growth
Post by: astarmathsandphysics on January 08, 2011, 09:28:13 am
6ne day everyth5ng w533 be a 36t 06re ex*ens5ve. We w533 have t6 re*a5r and recyc3e eeryth5ng