112429
Description
Mind Map by alice_jade_barlo, updated more than 1 year ago
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Created by alice_jade_barlo
almost 11 years ago
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Dubai Emerging
Economy
- Location
- Lies on the Persian Gulf
- A state in the UAE
- Middle East
- Important for trade with India
- Lies on the Persian Gulf
- Economies History
- Boom '60's
- discovery of oil
- Revenues from oil and gas contribute to less than 5% GDP
- Revenues from oil and gas contribute to less than 5% GDP
- Influx of foreign workers
- pop growth of 300% '68 - '75
- pop growth of 300% '68 - '75
- discovery of oil
- Invested in high tech goods
- Increasing FDI
- Increasing FDI
- Largest manmade harbour
- Tallest skyscraper
- Boom '60's
- Tourism
- Burj Al Arab
worlds tallest
free standing
hotel
- Gigantic shopping malls, theme parks
- Palm Islands
- Villas, marinas, theme parks, restaurants
- Villas, marinas, theme parks, restaurants
- Burj Al Arab
worlds tallest
free standing
hotel
- Business
- A hub for service
industries eg IT and
Finance
- Dubai international Finance Centre (DIFC)
- Dubai internet city (DIC)
- Used as a base by companies to target
emerging economies
- Used as a base by companies to target
emerging economies
- Ownership and Taxation benefits mean that
TNCs have established there
- Microsoft, Nokia, Siemens
- Microsoft, Nokia, Siemens
- Dubaiotech (The Dubai biotechnoloarch park)
- Life science industries - pharmacuticals and biotechnology
- Life science industries - pharmacuticals and biotechnology
- A hub for service
industries eg IT and
Finance
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