Mega project Marsa Al Arab: Curse or saviour for Jumeirah?

Dubai. For a year already, Dubai has been the first of the world's countries to introduce a state "Minister of Happiness". Ohood Al Roumi is the name of the woman with the nice voice who tells everyone her story on board an Emirates flight. Dubai itself tells a somewhat different story – one of an oversupply of rooms, falling revenues, personnel cuts and of a new 5% VAT rate, set to be introduced in 2018. Because 2017 again began positively, the short-term memory of Dubai's citizens again appears to select out the bad news. The news from the world of superlatives doesn't stop: theme parks, water shows, the new opera and the launch of the first passenger drones...