Is Dubai a model for economic diversification in the Persian Gulf?

Updated 10:33 PM ET, Mon June 4, 2018

The writer is a co-founder of emerge85 and a senior fellow at the Foreign Policy Institute of the Johns Hopkins University School of Advanced International Studies in Washington.

(CNN)On a sunny October morning just over three decades ago, an unknown airline from a little-known city took to the sky for its inaugural flight. With scarce resources, the airline had leased two planes from Pakistan International Airlines for those first journeys to Karachi.

Today, Emirates Airline -- based in Dubai -- is a global aviation giant. Its distinctive logo is splashed across the shirts of Premier League football teams and adorns the courts at global tennis tournaments. With a passenger capacity of more than 60.5 million at the end of 2016-17, it is the world's