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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 suffered from a significant economic crisis in 2007–2010 and was bailed out by Abu Dhabi's oil wealth. Dubai's current prosperity has been attributed to Abu Dhabi's petrodollars. [40] In 2014, Dubai owed a total of $142 billion in debt. [41] The UAE government has worked towards reducing the economy's dependence on oil exports by 2030. [42]
In 2002, up to 235 Brazilians were reported living in the country (Abu Dhabi and Dubai). [143] These figures increased ten-fold, with data disclosed by the embassy of Brazil in Abu Dhabi putting the number as high as 2,000 by 2010. [ 144 ]
The choice of the date was officially made because 22 February 2022 is a palindrome date. [9] It is a landmark devoted to innovative and futuristic ideologies located in the Financial District of Dubai. It has three main elements: green hill, building, and void. [10]
Dubai likes to do things bigger and bolder than most cities. A trip to the City of Gold can encompass everything from fine dining eateries and desert trips to glamorous beach clubs, with the city ...
4 April - Five people are killed in a fire at a residential building in Sharjah. [6]16 April - Heavy rains cause floods in multiple areas in the United Arab Emirates. [7] The National Center for Meteorology records the country's heaviest rainfall in 75 years. [8]
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.
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