Dubai's Economic Developement

Table of Contents

Executive Summary………………………………………………………………………………2
Introduction
Background: Overview of history and development of the United Arab Emirates and Dubai………………………………………………………………………………………3
    Purpose Statement.……………………….………………………………………………..3
    Research Methods………………………………………………………………………....3
Findings
    Economy of the United Arab Emirates ….. ……………………………………….……...4
The Palm Tree Islands: focus on tourism for economic sustainability…………………....4
Other major tourist attractions and further construction projects……...……………..…...5

Conclusion ……………………………………………………………………………………….5
References………………………………………………………………………………………...6
Appendix Material………………………………………………………………………………..7








Executive summary
The construction of The Palm Tree Islands in Dubai helped achieving economic growth and stability by means of developing the tourism sector. Dubai’s success in construction of tourists attraction sites brought the city reputation of the “place-to-be”. By 2010 Dubai expects to receive fifteen million people. Already existing architectural wonders such as The World Islands, and Burj Al Arab, the only seven star hotel in the world, have become very popular and are attracting many tourists to the UAE. Today, almost 90 per cent of Dubai’s economic growth is driven from non-oil industry.

For many years, economic development of the United Arab Emirates depended on oil and gas export but these natural resources are expected to be minimal by 2016. Dubai’s Sheikh Mohammed bin Rashid Al Maktoum is the ambitious leader who came up with the idea of extending Dubai’s cost line and attracting tourists by building The Palm Tree Islands.

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