In the past year, tens of thousands of Israelis have become acquainted with Dubai and have been impressed by what it has to offer and the way of life there. But even though it looks shiny, there is a heavy cloud over the economic stability of the statements. Although the scenario of the 2009 crash is not yet on the agenda but fears are certainly permeating.

The Dubai government's debt is currently estimated at $78 billion (close to 80% of GDP) and by 2024 it will have to pay $39.5 billion to cover part of the debt. By 2023 it will already have to cover $18.2 billion. These are huge sums to be paid in a short time and with the implications of Corona the task seems not easy.

What Dubai can do, of course, is take out loans or issue bonds and, as in 2009, rely on the support of its older neighbor Abu Dhabi.