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Welcome to Dubai, city of merchants, cultural
crossroads, second largest of the seven
emirates in the UAE. A country where the
dust of the desert is clearing to reveal
the potential for one of the most significant
international cities of the 21st century.
Dubai. The tallest, the biggest, the fastest,
the most of everything. Like Mick Jagger
once said "Too much is never enough".
And more. Dubai today is the the undisputed
capital of fast forward.
Everything about Dubai is in the news.
Global brands like Emirates, DP World,
Isthitmar and Emaar are emerging out of
this city. And what a city it is. Dubai
is one of the seven emirates that constitute
the United Arab Emirates, and the city
of Dubai is the flagship brand of the
region.
The modern emirate of Dubai was created
with the formation of the United Arab
Emirates in 1971. However, written accounts
documenting the existence of the city
have existed at least 150 years prior
to the formation of the UAE. Dubai shares
legal, political, military and economic
functions with the other emirates within
a federal framework, although each emirate
has jurisdiction over some functions such
as civic law enforcement and provision
and upkeep of local facilities. Dubai
has the largest population and is the
second largest emirate by area, after
Abu Dhabi.

Soon, in the 1960's, with the discovery
of oil, money started to pour in and Dubai's
prominence and prosperity increased. But
aware of the risks of oil-dependency,
Sheikh Rashid actively promoted new industrial
ventures. The Aluminium and Cement factory
are the result of this endeavour.
The Jebel Ali Free Trade Zone - the fifth
largest in the world within a short span
of ten years, has attracted over 1000
international companies that include global
giants - a few of these are General Motors,
AEG, Aiwa, BP, Ciba, Geigy, Daewoo and
Heinz.
Dubai has changed dramatically over the
last three decades, becoming a major business
centre with a more dynamic and diversified
economy. Dubai enjoys a strategic location
and serves as the biggest re-exporting
centre in the Middle East.
Its low logistical and operational costs
and excellent infrastructure, international
outlook and liberal government policies
are attracting investors in a big way.
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Sheikh Mohammed bin Rashid Al Maktoum
is the Ruler of Dubai. He is also
the Vice President and Prime Minster
of the UAE. It is his vision, his
leadership and his unbridled energy
that drives Dubai on all fronts.
His father, Sheikh Rashid bin Saeed
Al Maktoum was one of the founding
fathers of the UAE together with
H.H. Sheikh Zayed bin Sultan Al
Nahayan and was the Vice-President
and Prime Minister until his death
in 1990.
The Maktoum family is also a part
of the Baniyas tribe who first settled
in Abu Dhabi but then later took
control of Dubai in 1833. Dubai's
growth can be traced back to the
early years of the century when
the grandfather of H.H. Sheikh Rashid
bin Saeed Al Maktoum persuaded the
British shipping line plying between
Britain and India, to make Dubai
their main port of call in the 1940s.
To further consolidate its position
as a major port, H.H. Sheikh Rashid
bin Saeed Al Maktoum took an active
interest in the development of Dubai,
he established a Police Force, a
customs service and developed trade
connections with India.
What the new downtown Dubai will
look like...
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Activities such as trade,
transport, tourism, industry and finance have shown steady
growth and helped the economy to achieve a high degree of
expansion and diversification.
Dubai's attractiveness not only lies in its trade. Like
the rest of the U.A.E., it has also been actively promoted
as a tourist destination. Today there are several landmarks
that have become global icons. The Burj Al Arab Hotel -
the only one in the 7-Star category globally, the world's
tallest tower - The Burj Dubai being built in a new downtown
area, the world's biggest shopping centre - The Dubai Mall
which is coming up fast and nearing completion, the World
- a set of man made islands that are shaped like countries,
the three Palm developments, the list goes on.
Construction is booming every where in Dubai. There's a
joke that goes around that says that Dubai's national bird
is the crane! But on a more serious note, there are more
cranes in Dubai at the moment than there are in the entire
nation of Canada.
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Dubai is one
huge cosmopolitan melting pot, and every nation in the
world is represented in the population in Dubai - which
is currently at just under 1.5 million.
Wedged between Europe and Asia, buttressed by Africa,
Dubai's encouraging tax regimes, state-of-the-art telecommunications
and sympathetic business environment have produced a country
that is building energetically on the advantages which
location, centuries-old trading savvy and oil wealth have
given it.
Today, Dubai is easily the fastest growing city in the
world. With less than 20% of the population of Dubai being
national Arabs, it is unquestionably the Expat Capital
of the World! And, yes, the influx continues. At the pace
that this city is growing, there's a constant wave of
expats arriving every day.
Welcome to Dubai. Fasten your seat belts, because we're
on fast forward…
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