Dubai is the second largest emirate comprising the United Arab Emirates. The UAE consist of seven emirates with the capital Abudhabi. The other emirates are Sharjah, Fujairah, Ajman, Ras Al Khaimah, Umm Al Quwain. Dubai and Abudhabi are the most significant of the 7 emirates.
Here’s your quick guide to some basic facts and figures about Dubai – a city of infinite promise and endless opportunities. Dubai is a tax free city and one of the fastest developing cities in the world. Tourism is an important part of Dubai. As of 2011, Dubai was the 7th most visited cities of the world with 8.6 million visitors a year. Dubai is expected to accommodate over 15 million tourists by 2015. Dubai has been called the “shopping capital of the Middle East”.Dubai alone has more than 70 shopping malls, including the world’s largest shopping mall, Dubai Mall.
Under the visionary leadership of His Highness, Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice President of the UAE, a sophisticated free enterprise environment has been created. World-class infrastructure, ultra-modern facilities, a highly developed financial sector, Dubai is now well established as an economic powerhouse alongside London, New York, Hong Kong and Tokyo.
Dubai is the second most expensive city in the region, and 20th most expensive city in the world. Dubai Mall, the world’s largest mall, in 2011, became the world’s most visited shopping and leisure destination, attracting more than 54 million visitors and surpassing 50.2 million visitors to New York City and any landmark in the world.
Dubai’s $4.3 Billion airport terminal 3 is the largest airport terminal in the world with total capacity of over 62 million passengers. Dubai boasts the 8th wonder of the world with the Palm Jumeirah; Dubai’s Burj khalifa is the tallest tower in the world. The Dubai Metro is also the world’s longest automated driverless train system.
World’s largest water fountain in Dubai dwarfs the Bellagio fountain. Ferrari theme park is home to Formula Rossa,the world’s fastest roller coaster: World 7th stars hotel with Burj Al Arab.
Dubai mall Aquarium earned the Guiness record for the world’s “Largest Acrylic Panel”, and it is the largest suspended aquarium in the world.
Important Events
- Dubai Word cup
- Dubai Shopping Festival
- Dubai Tennis opens
- Dubai rugby 7
- The Dubai Golf Championship
- Abudhabi Grand prix
Business Opportunities
Over the last few decades an innate culture of entrepreneurship and a host of free-zones have established Dubai as the commercial nucleus of the region. Fast-track administration, efficient infrastructure and streamlined licensing processes have attracted international corporations and savvy investors around the world.
