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DXVK was first developed by Philip Rebohle to support Direct3D 11 games only [13] as a result of poor compatibility and low performance of Wine's Direct3D 11 to OpenGL translation layer. In 2018, the developer was sponsored by Valve to work on the project full-time in order to advance compatibility of the Linux version of Steam with Windows games.
The emergence of Dubai's lively real estate market was briefly checked by the global financial crisis of 2007–8, when Dubai was bailed out by Abu Dhabi. [31] The recovery from the overheated market led to tighter regulation and oversight and a more realistic market for real estate throughout the UAE with many 'on hold' projects restarting.
By 2014, Emaar was holding over $11.4 billion in real estate investments. [10] In 2007, the company was majority-owned by Dubai's government. [11] In 2009, John Laing Homes, a subsidiary of Emaar Properties which was acquired in 2006, [12] filed for Chapter 11 bankruptcy protection in the US Court for the District of Delaware. [13]
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. [74] [138] [139] UAE is the 53rd most peaceful country in the world, according to the 2024 Global Peace Index. [140]
Oil prices plunged as much as 7 percent before recovering some ground later in the day. On 12 December 2010, Dubai named Sheikh Ahmed bin Saeed Al Maktoum , head of Emirates airline and uncle of the state's ruler, as chairman of Dubai World [ 7 ] in a board revamp a year after the company said it would halt loan repayments, roiling markets.
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]