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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]
Two Seasons Hotel & Apartments Dubai Internet City: 1,010 2019 4-star hotel [11] Hilton Dubai Al Habtoor City: Al Habtoor City: 1,004 2018 5-star hotel [11] Atana Hotel Barsha Heights: 828 2015 4-star hotel [11] Atlantis The Royal, Dubai: Palm Jumeriah: 795 2023 5-star hotel [12] Ghaya Grand Hotel Dubai Production City: 765 2014 5-star hotel [11]
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms.
Hotel Kempinski. The hotel is located near the Mall of the Emirates, spans an area of 47,000 square meters (510,000 square feet) and rises to a height of 17 stories. It features an outdoor pool terrace on the second floor, and offers underground parking. The hotel is managed by Kempinski.
The Address Downtown, (Arabic: فندق العنوان داون تاون) formerly The Address Downtown Dubai, is a 63-story, 302.2 m (991 ft) supertall hotel and residential skyscraper in the Downtown Dubai Area of Dubai, United Arab Emirates.
Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries
However, the 2007–2008 financial crisis had a severe impact on Dubai's economy. House prices in the Desert Sheikh fell an incredible 40% in the first three months of 2009, outpacing the fall anywhere else in the world after the investment bubble burst. [4] The crisis led to a decrease in demand for property in Dubai, causing property prices ...
Bloomberg Radio is a radio service of Bloomberg L.P. that provides global business news programming 24 hours a day. The format is general and financial news, offering local, national and international news reports along with financial market updates and interviews with corporate executives, economists and industry analysts. [1]