It's not just the economy, it's the beach as well:

A stretch of the exclusive Jumeirah Beach -- a magnet for Western tourists and home to a string of hotels -- has been closed. "It's a cesspool. Our tests show too many E. coli to count. It's like swimming in a toilet," said Keith Mutch, the manager of the Offshore Sailing Club, which has posted warnings and been forced to cancel regattas.The pollution is a blow to Dubai's reputation as an international holiday destination offering almost guaranteed sunshine and clear seas.

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