File 031423
Email Exchange on Dubai Economic Model and Middle East Peace (File 031423)
Email correspondence between Jeffrey Epstein and Sultan Bin Sulayem discussing an opinion piece on Dubai's economic development model and its potential role in Middle East stability.
Summary
Jeffrey Epstein forwards a guest article by Jim Krane to Sultan Bin Sulayem examining Dubai's development model as a potential solution to Middle East political and economic challenges. The article discusses Dubai's transformation from a resource-scarce region into a global trading hub through pragmatic capitalism, religious tolerance, and strategic planning, arguing it offers a blueprint for regional stability and peace. Epstein's brief response indicates familiarity with the Dubai business environment and its key figures.
From: Jeffrey Epstein [jeeyacation@gmail.com]Sent: 9/3/2009 11:18:47 AMTo: Sultan Bin SulayemSubject: Re:she is your second biggest fan... iam the first. i sell dubai, to its detractors.On Thu, Sep 3, 2009 at 7:05 AM, Sultan Bin Sulayem <________________________________ wrote:An interesting piece to read before you start your weekend. Guest Post by Jim Krane: Dubai, Not Obama, is the Mideast's BestPeace Hope Tuesday, Sep 01 2009, 3:11PMThis is a guest note by Jim Krane, a former AP Persian Gulf correspondent. His newbook on Dubai, City of Gold: Dubai and the Dream of Capitalism, is available.As Americans, Israelis and Palestinians continue their endless peace-jockeying, a more hopeful solution has emerged. It is a freshArab initiative that depends neither on America nor Israel.It is Dubai.Dubai, you must know, is the flashy Gulf city-state that is one of the seven United Arab Emirates. In my book, I argue that Dubaians,descended from illiterate Bedouin who faced starvation in the 1940s, have authored the most exciting Arab accomplishment in 700years.From nowhere, Dubai has mushroomed into a trading city-state on the lines of Hong Kong and Singapore, with sidelines in realestate and tourism.Dubai accomplished all this without (much) oil, and without the help - or even recognition of the United States. While Washingtonhas been caught up prolonging the Israel-Palestinian conflict and starting a war in Iraq, Dubai was erecting one of the worlds mostspectacular cities. So, how can Dubai fix the Middle East? It certainly can't do much to help Palestinians suffering under Israelimisrule.But that is the point. Dubai has succeeded in spite of the plight of the Palestinians, and in spite of what Arab leaders describe as USmeddling that stymies their development. One of the favorite themes of Dubai leader Sheikh Mohammed is that his counterpartsshould stop bloviating about the Israelis and start serving the interests of their own citizens.Dubai's wild growth backs up Sheikh Mohammed's message. His business-before-politics way is becoming a development model forthe rest of the Arab world.But wait, Dubai is in financial trouble. How could it be a role model?Dubai's downturn is temporary. Being one of the worlds mostglobalized cities, it couldn't help but be infected by a global recession. The contagion kneecapped each one of its economic pillars:Shipping, logistics, tourism, and its binging real estate sector. Most of these pillars remain sound.Dubai's economic example isn't widely understood in Washington. But its a good thing. Emulating Dubai could make Arab countriesmore stable and secure, along with the rest of us. For America, which has mistreated Dubai despite synergies with our interests, its awindfall.If you remember, Dubai in 2006 bought US port operations and found itself vilified as a terrorist logistics center. Members ofCongress now in the Obama administration -- among them the senator who is now president -- joined the Dubai-bashing. Well, itmay turn out that this "terrorist logistics center" has one of the keys for fixing the Mideast's terrorism problem.The Dubai model is a mixture of social freedom, unbridled immigration, and raw capitalism. It is overseen by a government that isone of the world's least democratic. This is no accident. Dubai avoids both elections and the Arab obsession with politics, especiallythe syndrome of feeling slighted by the West.Dubai is pragmatic. It makes money doing business with Israel and Iran, countries shunned by other Arab states. The city's finessingof simultaneous friendships with Washington and Tehran is as deft as it is precarious.Dubai's government wrings efficiencies using schemes from Harvard Business School and General Electric. Its use of strategicplanning is a new concept in the Middle East. Dubai conceives developments, like no-tax business parks, and builds them exactly aspromised.In contrast with the surrounding police states, Dubai functions on the honor system. Alcohol is legal. Prostitution is tolerated. A niceexample is the e-Gate scheme, which allows residents to use a biometric card to skip passport control. None of the neighbors has theconfidence to replace state security with a smart card. Not Saudi Arabia, not Iran, not Israel.Saudis and Iranians, especially, find a refreshing dignity in Dubai, a respect for their ability to make the right choice. "Friday you canpray, but Thursday night you might want to go to the bar," says a Dubai-based Saudi. "It's up to you. "Dubai is certainly taking risks.But rulers from Morocco to Iran are already Xeroxing parts of the Dubai playbook and waiting to see how the more controversialapproaches pan out. For some, its a matter of self-preservation: Dubai's state-led development doesn't involve elections. For othersits a bid to stop the hemorrhage of bright citizens and cash fleeing to Dubai.All of them ought to do more. Egypt, with its unemployed masses, could make use of Dubai's incentives for foreign investment.Syria might adopt its free trade ways. Iraq and Israel could use a dose of its religious tolerance. And its Gulf neighbors mightstreamline their bureaucracies as Dubai has.Of course, there are areas where neighbors emulate Dubai to their detriment. Dubai's abusive "in-sourced" labor market is one. Realestate is another. One hopes Dubai's property crash taught admirers what not to copy. And Dubai pays no heed to the environment.Thus Dubaians, with their monster 4x4s and chilled swimming pools, are the worlds most prolific polluters.HOUSE OVERSIGHT 031423But overall, Dubai's self-help mentality is the best hope for dragging this stagnant region into the global economic mainstream, withthe accompanying stability and peace it implies. Its time Washington took notice.-- JimKranehttp://www.thewashingtonnote.com/archives/2009/09/guest_post by L12/********************************************DIscLAImER********************************************This email and any files transmitted with it are confidential and contain privileged orcopyrightinformation. If you are not the intended recipient you must not copy, distribute or usethis emailor the information contained in it for any purpose other than to notify us of the receiptthereof.If you have received this message in error, please notify the sender immediately, anddelete thisemail from your system.Please note that e-mails are susceptible to change.The sender shall not be liable for theimproperor incomplete transmission of the information contained in this communication,nor for anydelay inits receipt or damage to your system.The sender does not guarantee that this material isfree fromviruses or any other defects although due care has been taken to minimise the risk.*************************************************************************************************************************************************************The information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJeffrey EpsteinUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments.HOUSE OVERSIGHT 031424