Mir Moiz’s Weblog

Life is meaningful, only when one wishes to make it. We are creatures of time and we’ll wither away in it. The little moments of joy we find and create are all that will live with us.

Archive for Dubai

World Government Summit 2017 – Elon Musk in Dubai

I appreciate some of the subjective and philosophical questions that Mr. Mohammad Al Gergawi asked Elon Musk, yet I feel he stressed too much on questioning – the merits of why he does what he does!

At the end of the day, he is one another Human whom God has placed on this earth to serve a purpose.
We all know, God can use and mobilize anyone anywhere with any belief system.

Muslims have a history that is worth appreciating where innovation was at the core.
God stipulated in all books that Man must look deeply at the things created by God and to contemplate.

Yet today most Muslims, seem to think – Life is not worth the investigation and insight that we all must do.
They rather focus on the basic needs for life itself only, work and home.

I believe we are loosing a very significant part of our heritage. Insight is what, we all must re-awaken.

Video Link

– MIR

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Dubai – What to expect!

Debt seems to be the number one killer in todays economic space. It’s becoming a necessary evil that no one is certain for when it will bite!

With the US looming into similar shadows, what can be expected of all those dependent economies across the globe. The UAE is vastly dependent on the trajectory of the US economy. It visibly proved its interlinked relationship in the last financial crisis. What can now be expected with Dubai itself being so heavily debt burdened, remains to be seen.

This is what Bloomberg projects:
Dubai Debt Costs to Rise on $7.1 Billion Expo Spend: Arab Credit

In this increasingly uncertain climate one thing that can be taken as certain is that only those economies will show stability or growth that are self sustained. Those who have their debts in control and those that have been prudent not to let trade deficits take place.

In times like these it’s always the basic economic formulas that work.
Do not spend beyond your means and invest wisely.

© MIR