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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]
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 has solar generation potential, and its energy policy has shifted due to the declining price of solar. The Dubai Clean Energy Strategy aims to provide 7 per cent of Dubai's energy from clean energy sources by 2020. It will increase this target to 25 per cent by 2030 and 75 per cent by 2050. [256]
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Price gouging is a pejorative term for the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock.
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The day before the wedding, Alisiyah and Daniel hosted 250 guests on a 240-foot boat. The party had an all-white dress code. “Our families, they don’t do all-white parties.
The deal included 50 F-35s, 18 advanced armed drone systems and a package of air-to-air and air-to-ground munitions. The F-35 sale to the UAE raised concerns, as its military capability was already one of the most advanced in the Middle East, which was evident in the Emirates’ involvement in active conflict zones like Yemen, Syria and Libya.
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