Dubai

Dubai is experiencing high construction plans and projects these days. There are still lots of halfway projects in Dubai: residential, trade zones, complexes and etc.

Maybe more than half of these projects are held by Iranian investors because they have found Dubai a safer place to invest in. It's a pity for Iran's Economy and I regret it, but Economy has been always proved itself as un-magisterial and logical.

As a result of this attention Dubai receives from constructors, this city is attracting retail investors' attention too. There are lots of Iranian rushing to buy a property in Dubai for the benefits and the scope of the future also. benefits like having a permanent residential VISA permission or ability to rent the house. Right now the rate of rent in Dubai is nearly 13 percent of the value of the property per year which is quiet good comparing with Iran's 7%.

Gold down, Oil down and ... US dollar down! what else American economists and merchants would expect? lower USD rates goes in oposite of GB Pound and Euro, higher the amount of international transactions take place in dollar scale.
today I wrote an article in my persian blog (business-iran.persianblog.com) about the side effects of stable and lowered gold and oil price on Iran's economy. the main thing I have mentioned is about its effect on national inflation and the rate of domestic investment through the people's saving money.

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Handcraft businesses should boost up Iran's international trade fairs in my point of view. there're two paralel and related markets: Travel and Tourism vs Handcrafts and handmade artworks. both have roots in cultural issues and native attraction of ancient civilizations like Iran.
My experience shows foriegn travelers get shocked by the facts of Iran in their first visits. one of the most strong reasons is the impact of their local medias which are not imparial in my opinion.
by the way Iran has a great potential for handcraft market with original ideas, good quality and low prices. just to give it an example Iranian Bamboos are unknown to the most of people while they know Indian and African Bamboo well.

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Fifa's worldcup group D countries in economical views:

Portugal: GDP per capita = 19,300 USD estimated in 2005
Mexico: GDP per capita = 10,000 USD est. in 2005
Iran: GDP per capita = 8,300 USD est. in 2005
Angola: GDP per capita = 3,200 USD est. in 2005