Dubai’s five-yr economic turnaround: timeline
Important dates in the emirate’s journey from bust to boom 
Photograph: Rex Features
Feb 2009 Dubai launches $ 20bn (£12bn) bond programme to ease debt fears and sets up assistance fund. UAE central bank subscribes.
Nov 2009 Dubai World seeks six-month standstill on $ 26bn of debts. Thousands of high overall performance vehicles are abandoned at Dubai Airport, right, after expatriates flee the emirate to escape its harsh debt laws.
Jan 2010 Dubai’s Burj Khalifa, the world’s tallest skyscraper, opens. Like the Palm and Planet Islands, far proper, it can be noticed from area.
Feb 2010 The IMF estimates Dubai’s total debts at $ 109bn, or 130pc of GDP.
Oct 2010 Dubai Globe secures agreement with creditors for debt restructuring.
May possibly 2012 Dubai sovereign wealth fund Istithmar Planet gives up management of luxury retailer Barneys New York.
Nov 2013 Dubai wins World Expo 2020. Minister Reem Al Hashimy, left, promises a “positive” picture of tolerance.
Dec 2013 The Investment Corporation of Dubai buys Atlantis resort to aid to ease Dubai World debt burden.
Feb 2014 Dubai says that it has agreed deal with the UAE central bank to roll above a $ 10bn bond programme.