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It’s a quiet day for the UAE in the global press, except for a Bloomberg interview with the Culture and Tourism Department and Aldar Properties Chairman Mohamed Al Mubarak about the UAE’s cultural tourism and housing challenges (watch, runtime: 2:52 and 2:45). Al Mubarak spoke of the opening of the new Guggenheim Museum in Abu Dhabi and how it impacts the community of the emirate — with the museum district suiting different tastes and attracting tourists from all over the globe.
He also delved into housing challenges in the UAE, saying that development is booming to keep up with the demand and match the needs of incoming foreigners. Al Mubarak agreed that there is a housing problem in the UAE, but it’s a “good problem to have,” he says.
