Development in the Arab world is centering on tourism as the area attempts to diversify.
"Recent development in the Persian Gulf countries indicates a shift from a heavy reliance on oil to more economic diversity, reflecting the regions ambition to become a major tourist and financial center. The past four years in particular have seen strong income from high oil prices, which has given the private and public sectors more funds to invest in real estate. Also, the Iraq war has led Arabs to spend more of their leisure time within the region. While Iraqs future remains uncertain, a number of the countrys neighborsDubai and the rest of the United Arab Emirates (U.A.E), Qatar, Bahrain, Kuwait, and Lebanonare moving ahead with a number of large-scale tourism, commercial, and residential projects."
Thanks to Urban Land Institute
FULL STORY: Beyond Oil

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.

North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.

Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.

How to Make US Trains Faster
Changes to boarding platforms and a switch to electric trains could improve U.S. passenger rail service without the added cost of high-speed rail.

Columbia’s Revitalized ‘Loop’ Is a Hub for Local Entrepreneurs
A focus on small businesses is helping a commercial corridor in Columbia, Missouri thrive.

Invasive Insect Threatens Minnesota’s Ash Forests
The Emerald Ash Borer is a rapidly spreading invasive pest threatening Minnesota’s ash trees, and homeowners are encouraged to plant diverse replacement species, avoid moving ash firewood, and monitor for signs of infestation.
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