Dubai Emerging Economy

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Mind Map by alice_jade_barlo, updated more than 1 year ago
alice_jade_barlo
Created by alice_jade_barlo almost 8 years ago
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Description

Geography Case Studies Mind Map on Dubai Emerging Economy, created by alice_jade_barlo on 05/28/2013.

Resource summary

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