Economy and Tourism in Dubai



Economy and Tourism in Dubai

Introduction

Dubai is a small Middle Eastern region that belongs to the United Arab Emirates. Dubai is one of seven emirates that make up the United Arab Emirates. It is located at south of the Persian Gulf in the Arabian Peninsula. Dubai has the largest population and is the second largest emirate by area after Abu Dhabi. Dubai and Abu Dhabi, under national law, are also the only two emirates to have veto power with respect to critical issues of national importance.

Dubai has grown tremendously over the last decade. It is one of the largest oil producers in the world and is a considered the hub for global finance, trade, and tourism. Dubai is a luxury tourist destination increasingly visited by travelers from around the world. Dubai is rapidly growing, and money for development majorly comes from oil revenues, tourism, finance, information technology and shipping. The official language of Dubai is Arabic, but its people also speak English, Hindi, Urdu, Malayalam, Tamil, and Persian. Its religious majority is Islam, with a large majority Sunni and minority Shiite noteworthy.

Discussion

Tourism in Dubai

Dubai is currently one of the most sought after tourist destinations in the world. Its excessive and luxurious architecture has positioned itself as one of the most renowned cities of the Middle East and the world. Dubai has shown huge tourism development in the past decades. It opens its doors to all visitors all kinds of improvements are accepted and implemented to support tourism at the highest level. Dubai has used its oil revenues to build the tourism industry which has paid heavily as the tourism industry is booming and has become a national identity of Dubai. It has made a name of itself in tourism and today is competing with Las Vega, which is considered as the tourism capital of the world. It has highest occupancy rate of hotels in the world, which is 86%, and highest hotel revenue.

Besides his most famous Jumeirah Beach, Dubai has the world's tallest building namely the Burj Dubai. A hotel suspended in the sea that became known as the only seven-star hotel in the world by the name of Burj Al Arab. Dubai Mall is the center largest commercial world, and it has the world's largest fountain called the Dubai Fountain. It also has the world's largest port and is scheduled to open the world's largest airport in 2012. The country has already built seven airports. The future projects for tourist's attractions include the construction of Dubai Land, the largest amusement park in the world, Dubai Sport City and around the Louvre museum and a Guggenheim Museum. The so-called "World", an artificial archipelago, consists of three hundred islands, if seen from a satellite or plane; call our planet. It was inaugurated on 10 January 2008 after five years of work. Each island is sold individually with a price ranging between 1 and 15 million dollars. Palm Jumeirah and artificial islands are there ...