Dubai 's fortunes have changed since real estate crash and debt restructuring . In a decade , Dubai has graduated from village to global financial center , demographic microcosm . Dubai has become crucial outpost for China ; many Chinese companies operate there . Abraaj , the largest private equity fund in the Middle East , has investments in 43 countries from Peru to Pakistan . Country is open and tolerant ; Mr Khanna said freedom of expression has increased .
Dubai 's fortunes have changed since real estate crash and debt restructuring . In a decade , Dubai has graduated from village to global financial center , demographic microcosm . Dubai has become crucial outpost for China ; many Chinese companies operate there . Country is open and tolerant ; Mr Khanna said freedom of expression has increased .