Dubai Emerging Economy

Location
1. Lies on the Persian Gulf
2. A state in the UAE
3. Middle East
4. Important for trade with India
Economies History
1. Boom '60's
  1. discovery of oil
    1. Revenues from oil and gas contribute to less than 5% GDP
  2. Influx of foreign workers
    1. pop growth of 300% '68 - '75
2. Invested in high tech goods
  1. Increasing FDI
3. Largest manmade harbour
4. Tallest skyscraper
Tourism
1. Burj Al Arab worlds tallest free standing hotel
2. Gigantic shopping malls, theme parks
3. Palm Islands
  1. Villas, marinas, theme parks, restaurants
Business
1. A hub for service industries eg IT and Finance
2. Dubai international Finance Centre (DIFC)
3. Dubai internet city (DIC)
  1. Used as a base by companies to target emerging economies
4. Ownership and Taxation benefits mean that TNCs have established there
  1. Microsoft, Nokia, Siemens
5. Dubaiotech (The Dubai biotechnoloarch park)
  1. Life science industries - pharmacuticals and biotechnology

Resumen del Recurso

	Creado por alice_jade_barlo hace más de 11 años