The demand for homes and offices in Dubai will continue to exceed supply in the coming years, a leading UAE-developer said, the latest to dismiss theories of a bubble in the emirate’s real estate market. Mehdi Amjad, president and chief executive of Omniyat Holdings and Omniyat Properties, said the imbalance between supply and demand in Dubai's buoyant real estate market is expected to continue well into the next decade. (Photo by Getty Images)
Twenty years ago the Dubai-based business tycoon watched his parents flee the Rwanda genocide having lost everything — again. Today, the company he started to help get his family back on their feet is a monstrous conglomerate in 22 African countries.