Economic and Political Environment of Dubai

Persian Gulf Development Literature Oil Curse Literature Arab and Islamic Factors Regional Ovemiew and Historical Background Dubai's Development History

Dubai with all it's wealth is not wealthy because of their technological knowledge and inventions causing their advancements wealth wise, but only because other races of people from outside their country came in discovered their oil, established oil drilling and oil refineries that later the leaders of Dubai nationalized and took over the oil operation from the outsiders keeping the preponderance of the profits from the sale of oil for themselves and their people. If it wasn't for the oil they would be just another group of poor none white people.

While others who have lived here face the harsh reality that their life is far from perfect. There are a lot of social injustices going on in Dubai On August 11, 2016 the YouTuber known as Gigi gorgeous was detained at the airport. She was detained because she is transgender. Gigi formerly known as Greg was not legally allowed to enter the country or she would have been put into prison since the LGBT community is completely banned. Next example is the presence of work camps. One example is sonapur which is a camp outside of the city where people work long days for low wages. This place is home to 150,000 people who came to Dubai for a better chance at life. One man is paid 1,668 (pounds a year). A large part of his money goes to his family and the rest is split between the amount he spends on food and rent. Lastly Dubai is in a financial crisis. The country is spending more money than it is bringing in.

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

The city of Dubai is situated in the heart of the Arabian Peninsula. Part of the United Arab Emirates UAE, this city-state is aspiring to be major metropolis and the most populated in UAE with a population of 2.1 million approx. Dubai is also one of the richest economies of the world with ‘an estimated per capita income of $37000/-’10

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

United Arab Emirates continues to develop its interest with missile defense while oil has been the focal point in UAE’s economy and continues to contribute tremendously to economic prosperity. A determined and far-seeing policy of economic diversification has fortified the result of non-oil sectors now account or 69 per cent of funds contributing to the economy with oil supplying the remaining third (“UAEinteract,” 2016). Trade has also played a significant role in the economic life for many centuries. Economic growth has steadily gone up due to a short-lived

Dubai is one of the seven Emirates in the United Arab Emirates, which is located in the Persian Gulf. Dubai is a city founded by Ubaid bin Saeed and Maktoum bin Butti Al Maktoum. It’s national independence day is the second of December. It’s know as the biggest metropolitan in the Middle East, and known as one of the biggest business hubs in the Middle East, a station for transporting passengers and cargos. Its official language is Arabic, and many of the school in the country has compulsory Arabic classes for the students as the government makes it to be. However, as the city has a lot of expatriates and tourists coming to the city, Dubai is very accepting of the English language being spoken as well as a variety of other languages such as Tamil, Tagalog and many other languages are also freely spoken in the city.

Dubai is a fantastic family holiday destination with a myriad of sights and sounds that will surely be a treat for everyone’s senses. From the world’s tallest skyscrapers to vibrant shopping souks, there is definitely something for everyone.

The industry varies from construction, mining and metals, power, tourism, oil and gas which make up a large portion or the economy. We will take a look on what few of the Emirates contributes to the economy.

UAE has for a long time enjoyed global economic success since the discovery of oil and gas deposits. Before the oil and

Dubai is one of the world 's fastest growing economies. It is the most populous city in the United Arab Emirates (UAE), and it is one of the seven emirates that make up the country. It is a busy city with lots of businesses and opportunities. Like every city and country around the world, Dubai has its own culture and etiquette policy in business regarding clothing, greetings, conversation, dining, and gifts.

“Dubai will remain the retail heart of the Gulf countries, yet gradually the other emirates are rising,” says Chalhoub. “

The economy in the United Arab Emirates has experienced substantial increases in the last 40 years. The UAE’s capabilities with the pearling and oil industries have given the region its necessary budgets to expand so rapidly. The economic policies in the UAE have gone through stages, since the birth of the region in 1971. Changes in economic welfare of the markets, and privatization policies are also key aspects in understanding the UAE’s economic liberalization and growth. In order to understand the UAE’s economic standard, economic liberalization must be analyzed. The argument of this paper will discuss how economic liberalization has occurred in the United Arab Emirates and is continuing to grow.

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