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Analysis of UAE economy
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Dubai the new destination for the rich and famous. Arabs who made millions of dollars have invested their fortune into a new city to put them on the map. But, with the hard economic climate, is Dubai necessary in the current economy of the world.
Dubai’s extreme projects and buildings are unnecessary and serves little to no purpose. Dubai has spent billions of dollar in construction projects. When these are funded by the government and the investments are failures, the government becomes unstable. Some projects serve no purpose and have no functionality, but are built for the prestige and glory of having such amazing buildings. Why does Dubai need to have the world’s largest mall, skyscraper, an indoor ski sleep and man made islands. Do any of these serve purpose. Maybe the ski slope for tourism, but the world’s,
“largest” shopping mall, is it really necessary. Now with the epic spending, the state owned Dubai-World who controls many building projects in the city has fallen into great debt. Now Dubai-World is requesting six extra months to repay it’s, “massive debts.” One of the ...
She also introducing new urban building standards. This this article she talks about, the idea some people have of tearing it down and rebuilding. She also talks about ideas people have about some parts of towns. In Boston, she talks about the area of North End, and the change that it was over gone. During her second visit to this area, she discovered that it had changed. She talked to other about it, although the statistic were higher than the city, the people still saw it as a slum. They felt that they needed to tear it down in order to build something better. This leads to the conclusion that the urban planners to do understand that the people of the city need. They have ideas that were developed years ago that they are still using. These ideas do not take account what the people want. The author also introducing new ideas of a perfect city to live in and what it would look like. The idea of a garden city was introduced. This city would be built around a park. Although the new ideas sounded great they could not be put into place today. The idea of a Garden City is something that sounds nice, but it is not possible in society today. Today a city should reflect economic status, and in order to achieve this the city should be big, and convey an image of power. A city that has aspects of nature in it would not convey that image. That upkeep of a city of that kind would also be difficult. The do understand the author's point of view. The planners often times do not take into account the desires of the people. The town that I grow up in want to become more urbanized. In order to do this, they are building a large shopping center. This shopping center is located in the canyon rim. This canyon rim has been important the people for many years. We come to the area to walk, what bass jumpers, and enjoy the scenic views. This new shopping center took away this area. Many of the people
Meanwhile, businessman Nof Al-Kelaby provides examples of making and remaking on City Road, in relation to connections and disconnections between people and places. Having arrived...
Despite the many positive outputs and outcomes, Sheikh Mohammed’s leadership also had a number of secondary or negative outcomes. One of the negative outcomes was that most people who were originally from Dubai lost their cultural identity and statistics have shown that the Emirati people represent only 17% of the general population. The rest of the people are foreigners who have come and introduced their foreign cultures to the people of Dubai. Scholars have indicated that modernization in Dubai has contributed to giving the city an artificial identity, hence changing the cultural
One World Trade Center (WTC) is the tallest building in the Western Hemisphere measuring up at 1776 feet tall. The built output sets new standards of design, construction, and prestige. Its beauty in New York City’s magical skyline makes it an icon. It is the most recognised and desirable office address in the world. In this essay I plan to argue that the social, political and economic status of society has affected the built output of this building considerably, for the good. Making the building one of the best skyscrapers in the world.
This paper will discuss about the development of megacities in general, starting with an introduction and then followed by the definition of development and megacity. After that, there will be elaboration of the development of megacities and continue with a section entitled how megacities develop and a brief point about challenges of development of megacities. Finally the paper will reach a study case of the development of Jakarta as a developing-country megacity and ended with a conclusion.
To enhance the scope of tourism they started changing the infrastructure of dubai. So great construction boom happened in dubai. They started making festival seasons for shopping and entertainments. We can see many examples to point out the entertainment things in dubai. No other gulf places have that much of entertainment that dubai has.
Many employees in Dubai have a different opinion on how the Expo 2020 might affect the country. Abdulla Al Majeed, currently employed at Etisalat, argues how the Expo has its pros and cons. One benefit is that Dubai will have many foreign visitors which will cause the economy to bloom drastically. Dubai will have approximately 25 million visitors; therefore Dubai will make a large amount of money from all of these visitors. Another benefit is that it will provide approximately 270,000 new jobs in Dubai, as stated by the government of Dubai. While the Expo can be beneficial, one downside to it is that the traffic in Dubai will increase by a large amount. Since 25 million people will be visiting Dubai, all the roads will be packed.
Transformation simply means to evolve or to modify, but this definition was only valid till the end of the 20th century. The new millennium along with it brought a new definition of transformation and that is Dubai, a small fishing creek which turned out to be a dynamic hub of Commerce and a land of miracles. A place where nature is defied every other moment and where luxury is infinite. So what is the secret behind the rapid progression and astonishing development of Dubai?
The potential impact of world Expo on Dubai is that the Expo will surely boost the economy of UAE, according to the predictions Dubai is most likely to gain 23 billion dollars through the enormous amount of visitors coming from all over the world to see the Expo 2020.
Dubai is the economically active tourist paradise and unique for each of his choice and his hand in the Christmas holidays and New Year, it includes elements of the Emirate of diverse tourist attractions and shopping opportunities and the discovery of high-end restaurants and hotels.
Dubai is unconditionnally a city that makes the most of the globalization and builds its economy on it to become an attractive city in the middle of the desert. In less than 20 years, Dubai has become the « Singapore of the Middle East ». Hence we can ask ourselves what will be the future of this more than dynamic city that has grown so quickly through the years and that has resisted the 2008 worldwide financial crisis which broke all the biggest markets of the planet?
In addition, the government decision to build Burj Khalifa was to explore its functions from oil-based economy to an economy that is tourist motivated. Many officials in the region brought forth the importance of building the Burj Khalifa so that it could enhance investment.
Simple and practical has given way to recreational, construction methods have been changing, historical forts stand restored as museums, mud brick houses given a touch of the future and turned into record breaking skyscrapers. These and more are constant reminders which they sit side by side with modern wonders. Dubai has turned in a timely manner from a dessert to a living oasis filled with things from the future in which it can be touched and seen now.
Have you ever wanted to see the world’s richest country? That is covered with exotic beaches. Food that will defiantly cure your taste buds. Luxurious cars everywhere you turned your head. Seeing different people from all over the world coming to visit. A place that’ll for sure entertain you. To get a taste of this lifestyle that’s overseas, you need to visit Dubai.
The Dubai real estate is relatively a mature marketplace and gives an opportunity to build wealth and establish the financial security. The current economic condition offers perhaps the best chance for homebuyers and investors to appreciate the long term cyclical nature of the real estate market.