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Dubai Pearl (Arabic: لؤلؤة دبي) was a 73-storey, 300 m (984 ft), tall residential skyscraper project situated along Al Sufouh Road in Dubai, United Arab Emirates. The project was first announced in 2002. [1] Construction was on hold from 2006 to 2022. As per reports, demolition work is ongoing at the site as of January 23rd, 2023. [2]
Dubai's Jebel Ali port, constructed in the 1970s, has the largest human-made harbour in the world and was ranked seventh globally for the volume of container traffic it supports. [164] Dubai is also a hub for service industries such as information technology and finance, with industry-specific free zones throughout the city. [165]
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The Pearl Initiative is a non-profit organization founded in 2010 that focuses on corporate governance, accountability and transparency in the Persian Gulf region. [1] [2] The organization publishes reports, [3] and holds regular events. [4] [5] It holds annual Case Study Competitions across the Gulf Region.
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The United Arab Emirates [b] (UAE), or simply the Emirates, [c] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula.It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as its capital. [15]
Pearl of Dubai is an art-inspired Lost City off the coast of Dubai. The site encompasses five acres and is located at the World Islands . At a depth of 10 to 20 metres (33 to 66 ft), the site is designed as an ancient lost city, complete with temples and statues using regional design cues from 800 BC. [ 166 ]
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]
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