The hype is within the country and if you are a business person then it’s better to think entering Dubai while the hype is still there. We know some countries in Europe already experiencing a decline but of course if you have a good business in mind, you can still execute it anywhere but if you want a good exposure, Dubai is a good choice.
Money is only not the vector we should be looking at.I believe they probably more care about their citizens than the Dubai does, in general seems people are much happier, low work balance, future safety, education.....in europe rather than dubai. Foreign workers are abused as hell there basically people from Pakistan, India, Nepal, Bangladesh and some other african countries, in sort modern slavery is still a thing seen many times with low level worker there.The only i love the most of dubai thing is less tax policy than any other European country. But yeah my choice & preference will be always europe over any other middle east countries in terms of either business/study or job.
You might be right with that because I think I've heard positive things about Europe and I don't even feel their decline if it is true. If a country is rich, then I think that also shows that everyone cares for each other.
Even though we are talking about business here and business is mostly about money, indeed that care for the people must also be there, like for example on how we treat our customers because that makes them to comeback to us and that makes us stronger. About the workers being abused. I think all countries can experience this and I think a country is not to be blamed here but it was the employer because there are still kind employers in each countries.