Dubai: Rags to Riches
What was once a small poverty-ridden settlement has now turned into a fully globalized city and business hub of the Middle East, Dubai is the largest and most populated city in the United Arab Emirates (UAE). It has now developed into an economic powerhouse within the past few decades. Dubai’s oil revenue helped escalate the early development of the city, but as of now much of its funds come from real estate, tourism, and construction. Also, Dubai has now emerged as an ethnically diverse metropolis residing of many cultures. According to the GaWC list, Dubai has earned an alpha+ ranking, which is fitting due to its economic prosperity, demographic and cultural traits, political significance and influence, and projected future.
One of the main characteristics that determine the level of globalization a city has reached is the city’s economic affluence. Dubai has transformed dramatically within the last few decades and has one of the fastest growing economies in the world. Towns that were once “mud-walled” communities have molded into “commercial capitals integrated into the global economy”(Staff 2016). Due to finding oil reserves, the UAE gained a thriving economy, making it one of the wealthiest countries in the world. With their economy on the rise, Dubai’s stature as a city in the world went up, making its dominance present. During the 1990s, many foreign trading communities moved their businesses to Dubai, and from there on Dubai has become a
Closely associated with the process of globalisation is the notion of ‘World cities’. World cities are those such as London, New York and Tokyo where urban function has moved beyond the national scale to become a part of the international and global system. They are centres of culture, economics, employment, tourism, transport and communications and have been referred to as the command centres of the World’s borderless economy.
Dubai is a city in the United Arab Emirates that is commonly perceived as a utopia because it is characterized by wealth and luxury. A citizen who falls into the trap of the utopian illusion claims, “Dubai is portrayed as a place where wealth is accessible and instantaneous. It is the modern day version of the American Dream, and a place where one’s wealth can be multiplied at an unprecedented rate” (Dubai: Where Utopia Meets Dystopia). This citizen has a false sense of reality because he is attracted to the idea of wealth that Dubai portrays. The reputation of wealth in Dubai also attracts tourists and businesses seeking success. Syed Ali, a researcher who spent time in Dubai explains, “Dubai has morphed from being a Middle Eastern/Indian Ocean regional city into a global megalopolis, a primary destination for companies, migrant workers and tourists on the ‘New Silk Road’ ” (Ali). The idea of the “New Silk Road” shows that companies perceive Dubai as a place where they can work to their fullest potential and earn the money they think they deserve. Dubai is also known to have religious independence, which the citizens perceive as freedom. Since the wealth, luxury, and freedom offered in Dubai are desirable, people commonly mistake it for a utopia, when in reality, there are many concerning issues in the city of
Persian Gulf Development Literature Oil Curse Literature Arab and Islamic Factors Regional Ovemiew and Historical Background Dubai's Development History
I have to admit that we are very blessed with so many beautiful and breathe taking cities in the world. Dubai is just one of the many countries which has advanced from their humble beginnings and today are multi million tourist. Dubai is another city which has moved from having not as much as other countries once did such as money and a stable economy, to one of the richest cities in the world. In 1966 oil was discovered in Dubai and was a catalyst for Dubai’s economic growth. From a country that had come from not having a stable economy and not a lot of money, it has become like I said earlier, one of the richest cities in the
Dubai has undergone four major development phases since its beginning. The very first stage happened around 1900-1955 and had some initial issues expanding due to some economic hardships and a huge increase in the population. From 1956-1970, Dubai began its second phase of development based on a 1960
Now known as a tourist destination like no other, Dubai was once a small fishing and pearling community of close to 1,200 people. Appearing regularly in Western pop culture, such as, movies, music, television shows, and advertising, the city of Dubai has come a long way from its humble origins. The purpose of this paper is to look at what contributing economic and cultural factors, throughout history, that have contributed to the explosive growth of Dubai, with the early establishment of trade being a key feature. To fully understand the scale of development that has taken place, it is required to understand some of the history that has led to its current status as a leader in the Arabian Gulf regional economy and a luxury travel destination.
DUBAI is one of the seven emirates that make up the United Arab Emirates. A splendid tourist destination for travellers from all around the globe. Dubai city is a pleasure for eyes because of its crazy, humongous architectural, sky scrapers being the largest in the whole world. Unlike other countries the whole city is man-made, beautifully crafted to catch the eyes of many fellow tourist lovers. Recently Dubai won the bid to host EXPO 2020. The weekly day off is on Friday. One can the largest immigrant’s in the city.
What I found surprising is that according to the results work is done by the rules and bylaws when decisions are made, but I think we do consider relationships among the people. The people in Dubai are united and have a feeling of unity and brotherhood towards each other. They support one another and when a crucial decision is to be made the views of the whole community are taken into account. The rules hold an important part but the relationships among the natives is also very important.
This fascinating article relates specifically to material covered in Chapter 7: North Africa and Southwest Asia. Page 259 in the textbook talks about countries like the United Arab Emirate (UAE) that Dubai is a part of “…deriving substantial revenues from oil.” The article also says the same thing. The article also discusses how foreign workers built the Burj Dubai building. Page 259 talked about the important role of foreign workers. The textbook (259) also says Dubai is symbolized by, “…ultramodern architecture, engineering feats.” Students should read this article because it does an outstanding job describing
Nowadays, when anyone visits Dubai it is like visiting an international country with many nationalities but without natives. Because Dubai where built by others which have been taking all over the country now. Indeed, the percentage of natives in Dubai now is less than one percent which is horribly so bad. Although, the late moving of the government to restore the heritage of Dubai the culture and traditions of Dubai has been vanished already and reached Point of no return. And this has too many negative things on the next generation. Also regarding the disappearing of the traditions and the original culture Dubai heritage has been abandoned and natives now are forced to adapt with the residents culture because the residents are the majority now. Also, all the natives are moving out from their own town because Dubai has become a center for prostitution even though, the prostitution are against the low in Dubai but, the whole government have to subject to the current situation because Dubai now is no longer owned by United Arab of Emiratis, it is owned by rich people and they taking control over it. According to Heydarian, R. J. (2014), the capitalism in some Arab countries caused the 'Arab Spring' which was a huge disaster to the governments and that because the Arabs start awake and see that the capitalism is affecting them negatively. Well, that leads to couple questions how long Dubai
Dubai, United Arab Emirates. Known for its modern technology, ultramodern architecture, and is one of the most advanced cities in the world. Dubai is setting the example for many cities around the globe. Known greatly for its luxury and “fanciness”, Dubai is becoming popular for tourism and shopping, and they are pulling as many people in as they can. The reason why Dubai is now focusing on tourism instead of oil is because the supply of oil is depleting, and soon enough the oil will be gone and Dubai will be left with nothing to support its economy. Dubai is setting the example for the world in architecture and technology, and is an innovative example of outstanding infrastructure.
Dubai is usually described as a city or country despite in its own right though it's a constituent member of the United Arab Emirates that has six other emirates. The emirate experienced a huge financial crisis that had a huge impact on several economies across the globe as reported by analysts. The financial crisis was characterized by the government's inability to refinance massive debts that was taken by Dubai World, its largest owned company. The major impact of the crisis across the globe contributed to panic situations in financial markets since banks and financial companies experienced losses in global markets.
The UAE is one of the riches nations in the world as measure by per capita GNP. The economy is primarily based on the oil
The process of globalization with the aid of technological advancement and communicational revolution has reached to the new heights where the exchange knowledge and ideas have made people interconnected to each other. For many globalizations is a positive sign for the world to be interconnected in such manner and with such ease where for many it is not a very good merging pattern because of the inequalities and threat to distinctive identities etc. For the developed world, with other benefits, it has brought the cheap labor to its utilization. And they have utilized that cheap labor to its maximum usage. Like many other big cities of the world, Dubai could not resist to the advancements of the twenty first century. History of the city
Since 1974, the United Arab Emirates has been one of the world’s largest producers and distributors of crude oil. They are second only to Saudi Arabia, and oil profits make up over 25% of the country’s annual income (CIA World Factbook). Before oil was discovered in the 1950’s, the United Arab Emirates’s economy was reliant upon few other resources. But when these resources started to run out, the UAE’s economy experienced a small crash, resulting in major job loss. The government is now aiming to avoid a similar outcome by decreasing it’s reliance upon few resources, and creating jobs outside of oil businesses. Their efforts have been sufficient, as they have been able to take advantages of opportunities in construction, banking, and most