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Al Fahidi Fort in Dubai in the late 1950s, built in 1787 Al Fahidi Fort today. Al Fahidi Fort is the oldest existing building in Dubai.. The Umayyads introduced Islam to the area in the 7th century [13] and sparked the vitalization of the area, opening up trade routes supported by fishing and pearl diving to eastern regions such as modern-day Pakistan and India, with reports of ships ...
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.
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]
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.
From Middle Eastern royalty to wealthy expats looking for a change in scenery, Dubai has become an enclave for the rich and famous. Boasting luxurious shopping malls, ...
Oil, first discovered offshore of Dubai in 1966, was never at the levels found in the sands and waters of Abu Dhabi, which would become the capital of the United Arab Emirates when the country ...
1870 map of the Trucial Coast 1838 Map of Oman, showing the peninsula that would become, in 1971, the United Arab Emirates. The United Arab Emirates (the UAE or the Emirates) is a country in the eastern part of the Arabian Peninsula located on the southeastern coast of the Persian Gulf and the northwestern coast of the Gulf of Oman.
As banks and global analysts try to parse the Dubai debt problem by examining who owes what to whom, the most likely candidate to bailout the Arab emirate, its wealthy neighbor Abu Dhabi, has said ...