I would beg to differ. Yes, tourism definitely contributes greatly to Dubai's booming economy..but it would be wrong to assume that tourism constitues its' only source of revenue. Don't ignore the fact that Dubai has turned into a vital commercial and economic centre in the area. Many corporations are choosing Dubai to establish new headquarters in the middle east. Oracle, Microsoft, Canon, Acer, etc.. are all examples for multi-million dollar corporations who have taken advantage of Dubai's somewhat lenient governmental regulations to expand their business.

I think Dubai is a good role model for other GCC states. While oil will eventually run out..an economy built on solid ground will however continue to make itself useful.