Emerging Cities 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

Presently Bahrain, Egypt, Iraq, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, and Yemen are the 14 nations in the Middle East. The majority of Middle Easterners share in common the Arab culture, language and religion. It is especially important to take note of the Islamic belief. "Islam means the act of giving one's self to God or Allah" (Harris & Moran, 2000, p.385). Visitors and business people must understand the powerful religious and cultural force of Islam to appreciate or comprehend this country. Although this paper focuses on establishing and doing business in the United Arab Emirates (UAE), the writers have also given attention to the

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

UAE is 16th most competitive economy (Global Competitiveness Report) and is ranked 26th in ease of doing business (Doing Business 2016). The standard of living in UAE is one of the highest in the

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.

Qatar, this insignificant in size country, has developed into fairly notable nation due to the development that has occurred across every spectrum analyzed. The IMF’s (International Monetary Fund) Managing director Christine Lagarde indicated that Qatar, ““Qatar has been one of the fastest growing countries in the region and

Globalization is among the top most contested topics in the globe. It, however, lacks a universal definition. Nevertheless, Ismail (2010) describes globalization as a set of divergent processes and social, cultural, and economic shifts that are experienced in cities across the globe. Ismail (2010) also asserts that the most significant economic trend, which is associated with the modern-day wave of globalization, is the immense economic restructuring in cities. She points out that this new structure in the economic activities is linked to a new spatial order. It results in a new urban hierarchy merely founded on networks and connectivity. The current economic trend and the global economic changes are the basis for spatial and social

239). The Middle East and Gulf regions can be regarded as areas that have a unique culture and a pattern of life that is distinct from many other parts of the globe. The traditional setting of countries such as the UAE, Dubai, Qatar, and Bahrain is combined with modern aspects of culture that creates a diverse community (Pervin et al 2014, p. 64). In addition, many Arab countries are built on the foundations of a rich tradition and history that endeavors to maintain its heritage and culture.

The Baghdad’s economy has been becoming a weakness and has been many challenging after 2003. The generality of ministries, government organization, industrialization, finance, trading, commerce, and companies are concentrated in and around Baghdad. Most of the manufacturing is situated in the Baghdad city. Almost centralization of economic activities located in Baghdad city, which both control and monopolizes on the national economic sector. Violence has been contributed to the steady erosion of the city’s economic base beginning in 2003. In Fortin’s view, “After 2003, about 29% of the residents in Baghdad city have been lived under the poverty line. Baghdad’s major difficulty is that crude and natural resources revenues cannot be easily translated interested in development and sustainability. As a result of a reason of corruption, political wrangling and a lack of safety. The Baghdad city basically has weakness of economic sector due to the capital of investment has been disappearing because graft, waste or institutional inefficiencies and unable to invest successfully”.(Fortin). Inhabitants of Baghdad city face a salvo of sufferings, with nonstop pressures to community security, changeable disturbance to energy, lack of elementary services and facilities, extensive governmental hesitation, and stark employment unpredictability. The crime was amid the highest four difficulties to investment and economic activities, sideways with deprived access to economics,

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

Dubai is a modern city, it did not become modernised until the great oil discovery in 1966- which led Dubai to be the popular tourist destination it is today. Before it was mainly sand but now it is a contemporary city which attracts millions of people every year. The population of Dubai has increased dramatically- in 1975 the population was 183,200, now (2017) it is around 1.67 million. (Ref 1) Although modern Dubai foundations are from the money from the oil industry, that soon will change as the last deposit of oil will be in 2029.

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

In the current climate of national relations, the relationships between the United States and Arab countries such as the UAE are at times, tense. The nature of business requires the globalization of organizations seeking to expand their footprint. This expansion is seen by some as the attempt by western capitalist cultures to homogenize and destroy existing religious identities and cultures within the Middle East (Neyestani & McInturff, 2006).

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