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Dubai suffered from a significant economic crisis in 2007–2010 and was bailed out by Abu Dhabi's oil wealth. Dubai's current prosperity has been attributed to Abu Dhabi's petrodollars. [39] In 2014, Dubai owed a total of $142 billion in debt. [40] The UAE government has worked towards reducing the economy's dependence on oil exports by 2030. [41]
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
City Centre malls: City Centre Ajman: Opened in 1998 in Ajman, UAE. City Centre Bahrain: Opened in 2008 in Manama . City Centre Deira: Opened in 1995 in Dubai, UAE. City Centre Fujairah: Opened in 2012 in Fujairah, UAE. Mirdif City Centre: Opened in 2010, in Dubai. [30] City Centre Muscat: Opened in 2001 in Muscat .
Dubai [a] is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, the most populated of the country's seven emirates. [7] [8] [9] The city has a population of around 3.6 million (as of 2022), [10] more than 90% of which are expatriates.
E 311, a major road in the UAE. Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, and Ras Al Khaimah are connected by the E11 highway, which is the longest road in the UAE. In Dubai, in addition to the Dubai Metro, The Dubai Tram and Palm Jumeirah Monorail also connect specific parts of the city. There is also a bus, taxi, abra (traditional boat ...
The city of Dubai is located on the coast of the Persian Gulf, while the Emirate stretches inland and is bordered to the south by the emirate of Abu Dhabi, to the northeast by the emirate of Sharjah, to the southeast by the country of Oman, to the east by the emirate of Ajman, and to the north by the emirate of Ras Al Khaimah.
Dubai Silicon Oasis, known as DSO (Arabic: واحة دبي للسيليكون), is a free-trade zone established by the Dubai government in 2003, spanning an area of 7.2 square kilometers. It is located in the Nadd Hessa community in Dubai .
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