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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 Dubai government has denied any kind of labour injustices and has stated that the watchdog's (Human Rights Watch) accusations were misguided. [9] Towards the end of March 2006, the government announced steps to allow construction unions. UAE labour minister Ali al-Kaabi said: "Labourers will be allowed to form unions."
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai.
Bayt.com was founded in 2000 in Dubai. [6] In 2001, the Arabic version of Bayt.com was launched [7] [8] Later, in May, the company opened three offices: Abu Dhabi, Riyadh, and Eastern Province.Bayt.com opened 2 more offices located in Kuwait and Bahrain to expand of the region's employment market, and in May of the same year, the Jeddah office was opened [9] In October 2002, Rabea Ataya, CEO ...
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City Dubai Maritime City, Dubai under construction in 2008. A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone.
Dubai has an area of 3,885 square kilometres (1,500 square miles), which is equivalent to 5% of the country's total area, excluding the islands. The Emirate of Sharjah extends along approximately 16 km (10 mi) of the UAE's Persian Gulf coastline and for more than 80 km (50 mi) into the interior.
International Monetary Fund (IMF) expected UAE's economic growth to increase to 4.5% in 2015, compared to 4.3% in 2014. The IMF ascribed UAE's potentially strong economic growth in World Economic Outlook Report to the increased contribution of non-petroleum sectors, which registered a growth average of more than 6% in 2014 and 2015. Such ...
A Bachelor of Economics (BEc or BEcon) [1] [2] is an academic degree awarded to students who have completed undergraduate studies in economics.Specialized economics degrees are also offered as a "tagged" BA (Econ), BS (Econ) / BSc (Econ), BCom (Econ), and BSocSc (Econ), or variants such as the "Bachelor of Economic Science".