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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]
The emergence of Dubai's lively real estate market was briefly checked by the global financial crisis of 2007–8, when Dubai was bailed out by Abu Dhabi. [31] The recovery from the overheated market led to tighter regulation and oversight and a more realistic market for real estate throughout the UAE with many 'on hold' projects restarting.
The Al Fahidi Historical Neighbourhood, also called Al Bastakiya, is Dubai's historic district and major tourist destination. Tourism in Dubai is a major part of the economy of Dubai. Dubai was the third most visited city in the world in 2023 with 17 million international visitors according to Euromonitor International.
Dubai is the city of superlatives: the biggest, the tallest, the most expensive, even the cheapest. It has something for everyone. Full of glitz and glam, it’s a city to add to your bucket list ...
Emirates aircraft parked at Dubai International Airport. The so-called "Emirates business model" is the business model that lies at the heart of Emirates's commercial success. [1] Its main ingredients are a lean workforce comparable to a low-cost carrier and a flat organisational structure that allows the airline to maintain low overhead costs. [2]
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.
Hambrick visited Dubai on a girl's trip in April and left confused about why she saw so many tourists flocking there throughout the year. First, she happened to be visiting the country right ...
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