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Migrant workers in the United Arab Emirates describe the foreign workers who have moved to the United Arab Emirates (UAE) for work. As a result of the proximity of the UAE to South Asia and a better economy and job opportunities, most of the migrant foreign workers are from India, Nepal, Sri Lanka, Bangladesh, Philippines and Pakistan.
In April 2020, Bayut's parent company and the Netherlands-based OLX Group announced the merger of their operations in the UAE, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar, Bahrain, Pakistan, and Oman, together with the OLX-owned Dubai-based classifieds website, Dubizzle.
Fabrice Grinda and Alec Oxenford started the company as a Craigslist alternative for the world outside of the United States. [3]In 2006, it acquired Mundoanuncio.com, a classifieds site targeting the Hispanic market and in 2007, it made an investment in Chinese classifieds site Edeng.cn.
The United Arab Emirates is a high-income developing market economy.The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023.
The UAE recognized Israel in August 2020, reaching a historic Israel–United Arab Emirates peace agreement and leading towards full normalization of relations between the two countries. [142] [143] [144] UAE is the 53rd most peaceful country in the world, according to the 2024 Global Peace Index. [145]
Dubai [a] is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, the most populous of the country's seven emirates. [5] [6] [7] As of 2024, the city has a population of around 3.79 million, [8] more than 90% of which are expatriates.
In May 2021, Abdulla Bin Damithan was appointed as CEO and managing director of UAE business. [26] In October 2021, coinciding with the launch of Expo 2020, DP World unveiled its new corporate identity. [27] DP World is an official premier partner of Expo 2020.
The Dubai Ports World controversy began in February 2006 and rose to prominence as a national security debate in the United States.At issue was the sale of port management businesses in six major U.S. seaports to a company based in the United Arab Emirates (UAE), and whether such a sale would compromise port security.