Timeline for How does Dubai get its money?
Current License: CC BY-SA 4.0
12 events
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| Jul 24, 2023 at 8:51 | history | edited | ohwilleke♦ | CC BY-SA 4.0 |
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| Jan 27, 2022 at 15:53 | comment | added | smci | For reserves, see: statista: Estimated petroleum oil reserves UAE 2019, by emirate. Dubai only has 4 bn barrels, Abu Dhabi 92bn, Sharjah 1.5bn. | |
| Jan 26, 2022 at 17:36 | comment | added | ohwilleke♦ | @FluidCode Do you have data on current revenues from oil production? I didn't search exhaustively, but couldn't find it in my quick effort to look for it. | |
| Jan 26, 2022 at 12:29 | comment | added | FluidCode | The oil reserves give a false impression of the actual oil revenues. Abu Dabi gets a very big share of the current revenues from oil production and the emirates don't share that wealth among themselves. | |
| Jan 26, 2022 at 9:17 | history | edited | ohwilleke♦ | CC BY-SA 4.0 |
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| Jan 26, 2022 at 6:07 | comment | added | user2357112 | @ohwilleke: I suggest making that explicit instead of implicit. | |
| Jan 25, 2022 at 21:00 | comment | added | ohwilleke♦ | @DaveGremlin I am implicitly referring to "absolute monarchies", not constitutional monarchies that are in substance hereditary symbolic leadership posts like the modern rule of Queen Elizabeth II and the other European hereditary monarchs (which are Republics in all but name). In those cases, this was historically true but is no longer. | |
| Jan 25, 2022 at 20:57 | comment | added | Dave Gremlin | I'm not sure your last paragraph holds up. en.wikipedia.org/wiki/Monarchy#Current_monarchies | |
| Jan 25, 2022 at 19:19 | history | edited | ohwilleke♦ | CC BY-SA 4.0 |
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| Jan 25, 2022 at 18:02 | comment | added | quarague | One could question whether the oil reserves will actually be worth anywhere that much due to climate change and hopefully coming decarbonization but for OPs question the sovereign wealth funds and current oil production are a lot more important and that is where their current spending is coming from. | |
| Jan 24, 2022 at 23:25 | history | edited | ohwilleke♦ | CC BY-SA 4.0 |
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| Jan 24, 2022 at 23:14 | history | answered | ohwilleke♦ | CC BY-SA 4.0 |