1.2.1 Background of UAE & Urbanization in Dubai
The United Arab Emirates (UAE) is a federation of seven Sheikhdoms located in the southeastern corner of the Arabian Peninsula, which are Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Umm Al-Qaiwain and Ras Al-Khaimah. Each emirate is governed separately by sheikhs and known local government, consisting of municipalities and departments, so that each emirate retains a good deal of political and financial autonomy, a fact that has contributed greatly to the remarkable success of the federation (His Highness Sheikh Mohammed Bin Rashid Al Maktoum, "UAE History").
The UAE has 5.8 percent of the world’s oil reserves. However, while the oil prices declined in 2015; the government is working to diversify
…show more content…
In 1922 in expectation of oil being discovered; the ruler of Dubai signed an agreement with the British Company Petroleum Concession Ltd. This agreement at first did not lead to the discovery of oil, but it brought in small annual licensing fees and this income did prove helpful to Dubai in building up its infrastructure, since the decline in pearl industry due to the worldwide economic crisis of 1929. In the1960s Dubai had still no modern port facilities, no utilities, and no paved roads (Elsheshtawy, Dubai: behind an urban spectacle, 2010, p.108). Sheikh Rashed bin Saeed Al Maktoum, initiated a series of development projects strengthening the city’s position as a center of trade which included the dredging of the Creek in early 1966. Dubai developed into a primary hub for regional and global trade activity, also due to its geographical location. With the discovery of oil in 1966 Dubai witnessed an unprecedented expansion and construction boom. Some of the key infrastructure projects of this time was the construction of Dubai’s airport, the Al Maktoum hospital and the establishment of Dubai Municipality (DM). The city’s urban pattern started to change as well. With the immigrant wave from 1967 until 1974, the many of the one story buildings were replaced by multistory buildings and modern high-rises started to appear on Dubai’s skyline Dubai’s suburban growth away from the Creek began in 1970, when the city focused its new developments around a growth corridor along Sheikh Zayed Road towards Jebel Ali (Schmid & Stewart, Economy of fascination: Dubai and Las Vegas as themed urban landscapes, 2009, p. 77-
... The Middle East has about 1,000,000,000,000 barrels of oil equivalent. Right now, the leaders in hydrocarbon energy are Russia, Saudi Arabia, and then the United States.
The unrest in the Middle East would be a valid disruption in normality of prices if the Middle East were exporting less oil than it did before the many revolutions. However, Saudi Arabia has said it will make up the difference in the supply if the supply were to drop of significantly (source). Other members of the Organization of the Petroleum Exporting Countries (OPEC) have vowed to “do more” if the region continues to become destabilized. Libya for example only accounts for 2% of the world’s resource of oil (source). Libya’s oil is special only because it contains 0% to .5...
Economist has analyzed the causes of decline in world oil prices. Typically, the price of oil is determined by demand and supply of the world market and forecast advance to invest in which level of demand depends on the level of economic activity and behavioral use of energy from humans. The oil price decline has a benefit for oil importers like China, India, Japan, Europe but unfortunately for oil exporters such as: Kuwait, Venezuela, Nigeria, and Iraq. Crude oil prices fell steadily in the past seems to be a result of two main factors being the levels of demand declining and a level of increased supplies (Economic, 2015)
Describe the factors that influenced your decision to locate your urban area where you did. Remember to identify factors that influenced the location of you CDB.
Since the 1950s, the cities of Saudi Arabia witnessed significant changes in the composition of the population and the arrangement of the built environment. The Saudi society has transformed from a nomadic pastoral society to a highly modernized one as a result of the increase in national revenues from oil production. Rapid growth and improved economic conditions led to the adoption of modern planning principles which are in contrary to the traditional city. Although modernization had contributed to raising the living standard of the neighbourhood, it led to the creation of social, cultural and climate problems as well.
The oil sector plays a crucial role in the economic activity in Saudi Arabia. This is no surprise since Saudi Arabia possesses 18 percent of world oil proven reserves. Over the years, the oil sector contributed significantly to its economic activity and has been reflected in strong government expenditure among different sectors in the economy. While high oil revenues are certainly beneficial to oil producing countries (Saudi), it makes the Saudi economy vulnerable to price swings (see graph 1). From instance, oil prices were increasing during the boom years (2003 – 2014) and oil rents increased accordingly; however, the benefits of strong revenues soon faded in the wake of the global financial crisis 08/09 and recently in the crash of oil prices.
The current world dependence on oil leaves much to be said about the impact of Saudi Arabia and the Middle East on foreign policy and international politics. Presently the world's largest consumer of oil, the U.S. depends on Saudi Arabia and much of the Middle East for the energy to run its businesses, its homes, and most importantly, its automobiles. In the past few months U.S. consumers have felt the pressures of increasing gasoline prices as they struggle to commute and live their daily lives. This leaves the U.S. with important decisions to be made on behalf of its citizens and its position in the international realm.
In 2017, citizens of the U.S. consumed a total of 7.26 billion barrels of petroleum products, amounting to an average of about 19.88 million barrels per day. In Middle Eastern countries, oil exportation is heavily relied on by the population to support the economy, however it is one of the leading causes of issues. The Middle East is not all problematic, though, as some countries choose to spend their money on education. Disputes between countries over oil control spurs conflicts, and can lead environmental issues. Although there can be benefits, the Middle East has been more negatively than positively affected by oil.
The United Arab Emirates, which can be simply known as the UAE is an Arab country on the Persian Gulf, as well sharing sea borders with Qatar and Iran. The UAE is a country with seven emirates, with each emirate being ruled by an emir. One emir is selected to be the president of the United Arab Emirates. The emirates are Abu Dhabi, Ajman, Dubai, Fujairah, Ras-al-Khaimah, Sharjah and Umm al-Quwain. The capital of the UAE is Abu Dhabi. Islam is the only religion of the UAE while Arabic being the official language.
After the crisis UAE’s economy suffered from 2008-2009 the economy has diversified itself and does not depend solely on oil anymore but also on other sectors such as tourism. The inflation rate of Dubai is 0.33% which is also significantly low (Dubai Statistics Centre,2016).The small medium enterprise does not want to take a risk where there are fluctuations in price level thereby effecting the buying power of people and also the demand and supply of the Al-Simpkin’s product. Furthermore,the government encourages foreign investment and besides the agent there are free zones such Jabel Ali which is the largest
From a desert outpost on the world map, Dubai has successfully turned itself into becoming one of the most sought-after travel destinations in the United Arab Emirates. The ambitious city-state of high-rise buildings, sunshine and of course, the shopping malls offered by Dubai attract a large number of tourists each year.
It was hard to believe that such a desert has the largest oil reserve on the earth. In addition, it was hard to imagine that such a company underwent many universal concerns and leaded essential tasks. Saudi Aramco was set up in the desert after discovering the oil in Saudi Arabia. Formed an oil company, the USA and Saudi Arabia initiated a new relationship which based on the interests of both countries. Therefore, Saudi Aramco has magnificent emergence in the world.
UAE consists of seven emirates : Abu Dhabi ,Dubai , Sharjah, Ajman, Fujairah , Ras Al Khaimah and Umm Al-Quwain which is a federal state. Sheikh Zayed is one of the foundations of the Union on the second of december 1971 , where the Sheikh Zayed converts Emirates of empty desert into a green paradise . Consists state emblem is a science that combines four colors red , white , green and black . National anthem is the anthem Emirates National , which echoes in every morning in most government and private institutions . Abu Dhabi is the capital of the United Arab Emirates Abu Dhabi is one of the most world cities sophisticated in terms of modern infrastructure fit its position as a hub economic and political to the United Arab Emirates are They combine its role as a destination for business and tourist destination from shopping in shopping malls Superior to swap in traditional markets as well as enjoy the miles of sand golden beaches to break in one of the public parks in the city and dine at five-star hotel to the safari distinctive and enjoyable , and famous Emirate and the largest in terms of area is Dubai . Arabic is the official language of all the people of the United Arab Emirates . System of government is a federal system known from time immemorial . The head of state , Sheikh Khalifa bin Zayed Al Nahyan , who is also Ruler of Abu Dhabi , who succeeded his father, Sheikh Zayed , the Minister is the Minister Sheikh Mohammed bin Rashid Al Maktoum . Emirates has an area of approximately 83,600 km 2 ( 116 ) and estimate the proportion of water in which 1.1 percent , also the population of the United Arab Emirates to a 8.264 million rate of a million that have been counted in 2011 before 3 years . The population density of t...
Labor is come by another type: house worker, street cleaner, builder of skyscraper and etc. Therefor as you understood here these immigrants who erected this modern miracle. Now Dubai with all beautiful, awful and not attractive buildings of developed country, and like real developed city. However if you have quality knowledge, there you can get good job, such as lawyer (minimal salary 5000 AED), teacher (minimal salary 6000 AED). 2)Citizen Citizens in Dubai like a king.
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.