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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]
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
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.
What the world needs is more billionaires — said no one ever. And yet, here we are. Oxfam reports that 204 new billionaires emerged in 2024; the combined wealth of billionaires worldwide grew ...
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
Real Housewives of Dubai. Dubai, the capital of the United Arab Emirates, is famously the home to some of the world's richest men and women. From Middle Eastern royalty to wealthy expats looking ...
Dubai Bling offers a glimpse into the dazzling lives of some of the City of Gold's richest residents.. Dubai has earned a reputation as a hub of wealth and luxury — a status brought to life by ...
Hurun Global Rich List Cities (2024) [2] [3] Rank cities of residents Number of billionaires Country/Territory 1 New York: 119 United States: 2 London: 97 United Kingdom: 3 Mumbai: 92 India: 4 Beijing: 91 China: 5 Shanghai: 87 China: 6 Shenzhen: 84 China: 7 Hong Kong: 65 Hong Kong: 8 Moscow: 59 Russia: 9 New Delhi: 57 India: 10 San Francisco ...