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by mancerayder 2152 days ago
Dubai, as far as I've heard, has no oil left. It's tourism, finance and other industries unrelated. So in that sense haven't they?
2 comments

Seems like Dubai has 4 billion barrels of reserves [0]. Not as much as they once did and much less than Abu Dhabi. But still quite a few years worth of oil left.

[0] https://en.wikipedia.org/wiki/Oil_reserves_in_the_United_Ara...

For the UAE overall crude oil makes up 28% of exports:

https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi...

and Refined petroleum 15%

If you want to see an Arab country that has run out of oil, look at Yemen.

My understanding is that Yemen has lots of reserves at 8 billion barrels [0] but never really produced or imported.

So aren’t they a better example of never oil rather than once had oil?

[0] https://en.wikipedia.org/wiki/Economy_of_Yemen

and shipping, so much shipping