Abu Dhabi : The Capital City Of The Arab Emirates

Dubai is second in size at 4,114 square kilometers after the much larger Emirate known as Abu Dhabi, which takes up most of the land in the UAE. Dubai may have been founded in 1833, but the UAE had not been officially formed until 1971. People in Iraq figured out something that would allow Dubai to flourish economically. The people figured out that Dubai used to be a promising trade location roughly 3000 years ago. Following this discovery by the Iraqis, Dubai quickly began participating in the trade market on their port right off the Persian Gulf, which is a prominent source of oil. So Dubai went straight to it and never looked back. So therefor Dubai's economy over the years has been extremely wealthy. The economy has been at this higher economic status because of one major reason trading oil. Dubai benefited trading oil because they got more money and more control of the world's

By the beginning of the second Millennium, many countries realized the need and necessity to cope up with the rest of the rapidly developing world. As they realized this necessity, they also realized that the key to growth and development is, indeed, education. As a result, many countries around the world entered the heated race of reforming their education systems hoping that this would ensure them a foothold in the modern world.

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

Located in Western Asia at the South-East end of Arabian Peninsula on the Persian Gulf is the oil-rich economy viz. United Arab Emirates (UAE). The demographic of the economy consists of 11.6% Emiratis, as much as 59.4% South Asian (including 38.2% Indian) and 29.1% others (2015 est.). The economy constitutes young population with majority of the population between 25-54 years of age (61.27%) and about 96% are aged below 54 years of age. Dubai, Abu Dhabi and Sharjah account for 85% of the total UAE population.

The United Arab Emirates (UAE) consists of the seven emirates, which are: Abu Dhabi, Dubai, Sharjah, Ras Al-Khaimah, Ajman, Umm Al-Qaiwain, and Fujairah. They were united as a federal state on 2 December 1971 and formed the so called “United Arab Emirates”. Before the discovery of oil and establishment of the oil economy in the early 1960s, two main orientations shaped traditional local culture: the nomadic

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.

United Arab Emirates occupies a total area of about 83,600 square kilometers (32,400 square miles), along the south-eastern tip of the Arabian Peninsula between 22°50 and 26°N and between 51° and 56°25 E. The UAE has 1 318 km of continental coastline along the Persian Gulf. The inflation rate, exchange rate and currency stability are important factors to consider in International trade, economically, the UAE has a 4% of GDP growth in 2012 with a lower inflation rate of 1.1%, In terms of days and cost of import procedure (United Arab Emirate). The Urbanization rate of the region is 84% (UAE) which would contribute to the product awareness in necessary part of the region since the urbanization rate is high. The common languages 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 United Arab Emirates is one of the most important tourist destinations in the region. The Arab spring had a very minor effect on the country’s tourism as it did not have a revolution but tourists in countries such as the Americas and Eastern Asia and some European countries were still slightly worried to visit any Arab country as it could be hit by the domino effect of the Arab Spring. UAE is not a neighboring country of any of the countries that had revolutions but it is in the same region.

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

Throughout the extent of time in which humans have inhabited the Earth, it has only been in the past couple hundred years that humanity has developed technology at an astonishing rate. From the early 1800s and onward, the human population has skyrocketed and advancements in technology have rapidly progressed through the course of a relatively short period of time. In that time, society has become a massive, interconnected network of people that are dependent on resources that originate from different parts of the world. With the technology of today, society has enabled resources that range from food to oil, to be transported to areas of the world in which those select resources are not available. An extreme example of this would be the city of Dubai, which is part of one of the seven emirates that constitute the United Arab Emirates. Dubai is one of the most impressive and wealthiest cities in the world and is well known for the luxurious lifestyle, extremely modernized architecture, and can be viewed as the epitome of a Westernized society. However, the land of the United Arab Emirates is sandy and barren, and not capable of being used for agricultural purposes, there is no major fresh water supply, and very few natural resources. With the absence of farmland and water, Dubai is a city that depends on the resources found worldwide that are purchased with the revenue from oil exports. Dubai has capitalized on its predominant resources and found

UAE is located at the southeast end of the Arabian Peninsula on the Arabian Gulf sometimes referred to as Persian Gulf, bordering Oman , and Saudi Arabia to the south, sharing sea borders with Qatar and Iran (CIA World Factbook). The population is estimated to be 9.446 million and consists of 1.4 million Emirati citizens and 7.8 million expatriates, majority of whom came from India, Pakistan, Philippines and other Arab countries. It was established in 1971 as a federation of seven emirates (states). Each emirate is governed by a monarch; together, along with some elected representatives, they form the Federal Supreme Council – legislative organ. One of the monarchs is selected as the President of the United Arab Emirates.

Social factors do have a profound influence in the industry and the market. Industries have to evolve with the change in living standards and income level of the consumers. As per the World Bank specification, UAE is classified as a ‘High income and Mid-sized populated ' country. The local market has not grown to the required level compared to the other high income group economies, which attracts a substantial percent of expatriates to invest in the local market. High Standards of

Although some Middle Eastern countries such as Iraq and Yemen are known for their unending wars, the UAE enjoys a peaceful and politically tranquil environment that enables businesses to thrive. Besides, the country is home to top banking institutions such as HSBC, Standard Chartered and First Gulf Bank, so you won’t have to look elsewhere for banking solutions and financial assistance. Roads, ports, railways, telecommunication lines and other pieces of infrastructure are extremely advanced, making it ideal for diverse businesses.