Search results
Results from the Tech24 Deals Content Network
Downtown Dubai at night. The economy of Dubai represents a per capita gross domestic product as of 2022 of US$46,665. [1] Dubai has substantially transformed over the last couple of decades. [2] More than 90% of the population are foreigners. [2] The International Herald Tribune described it as "centrally-planned free-market capitalism". [3]
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. [1] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
United Arab Emirates portal. The United Arab Emirates [b] ( UAE ), or simply the Emirates, [c] is a country in West Asia, in the Middle East. Located at the eastern end of the Arabian Peninsula, it shares land borders with Oman to the east and Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran.
The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and provide services to domestic and ...
Dubai Creek played a vital role in sustaining the life of the community in the city and was the resource which originally drove the economic boom in Dubai. As of September 2013, Dubai Creek has been proposed as a UNESCO World Heritage Site. Many boutiques and jeweler stores are also found in the city.
The 3 billion AED ($820 million) National Space Fund, announced Monday, is the latest signal that the country is looking to the space sector to help diversify its oil-dependent economy. As of 2020 ...
Gulf Tiger. The Gulf Tiger or Arab Gulf Tiger is a nickname used to describe the period of rapid economic growth in the city of Dubai. The boom that Dubai has been experiencing since the 1990s is still going on, transforming the city from a desert village to a world class economic hub.
History of Dubai. The earliest written record of Dubai ( Dibei) is accredited to Muhammad al-Idrisi, who mapped the coast of the UAE in the tenth century AD. Circa 1580, the state jeweler of Venice, Gasparo Balbi, documented the pearling industry of Dubai and other cities currently presiding in UAE territory. [1]