Who has been to Dubai? Is it bigger than Shanghai or Beijing? From the map, it is a desert city!

Dubai Emirates is the second largest emirate in the United Arab Emirates, located in the throat of the Strait of Hormuz Bay in the Persian Gulf. At the same time, Dubai is also the second largest city in the United Arab Emirates, located in the middle of the Arabian Peninsula and the south bank of the Arabian Gulf. It is the center of the Gulf region and is known as the Pearl of the Gulf. For more than 20 years, Dubai has built a series of modern supporting infrastructure with "petrodollars", and large-scale construction has also made Dubai synonymous with luxury. However, with the world debt crisis in Dubai, people began to wonder whether cities piled up with petrodollars would also become bubbles.

Dubai city

Dubai is the second largest city in UAE. In the past 20 years, Dubai has built a series of modern supporting infrastructure by using "petrodollars". With these facilities, superior geographical location and traditional entrepot trade advantages, Dubai has vigorously developed non-oil industries and achieved rapid economic and social development. Now it has become the most important trade, transportation, tourism and shopping center in the region.

Dubai is located in the eastern Arabian Peninsula, bordering the Persian Gulf in the north, with a coastline of 734 kilometers. It borders Qatar in the northwest, Saudi Arabia in the west and south, and Oman in the east and northeast, with a population of 2.26 million and an area of 4 1 14 square kilometers. Dubai pursues an open policy. At present, 80% of Dubai's permanent residents are immigrants from more than 50 countries, and there are about 70,000 people in China. The climate in Dubai is very hot in summer (April-65438+1October), with the temperature as high as 45℃ or above, and there are small sandstorms in some desert areas. 165438+1October is winter, and the temperature is not lower than 7℃. February 65438 to February of the following year is the rainy season, with little rainfall throughout the year, and the average annual rainfall is less than100 mm.

Dubai has the world's first seven-star hotel, the world's tallest building Burj Khalifa (also known as Burj Khalifa), the world's largest shopping center, the world's largest indoor ski resort, a steady stream of oil and an important trade port status, which have brought great wealth to Dubai. Today, Dubai has become synonymous with luxury. Apart from all kinds of luxury goods and brand-name cars, the buildings here show the undisguised ambition of the booming Dubai. According to statistics, Dubai has spent as much as $654.38+000 billion on engineering construction in recent years, while the World Bank estimates that the reconstruction funds of Iraq as a whole are only $53 billion. One fifth of the cranes in the world operate here, and 250,000 construction workers work here. With the continuous injection of funds and the emergence of whimsy, Dubai, which was only a small port on the edge of the desert 30 years ago, has now attracted architects from all over the world. They have built the largest artificial island-"Palm Island" and the most luxurious hotel-Burj Khalifa Allabo, which is becoming a paradise for top architects in the world. Today, Dubai, United Arab Emirates is becoming a metropolis of world art architecture. Many famous architects in the world gathered in Dubai, a desert city, and designed various avant-garde museums and buildings.

Dubai is really a contradictory city. Originally thought, here should be an endless desert, the whole city should be shrouded in yellow tone, and green should only be embellished. Unexpectedly, just after getting off the plane, a piece of green came to you, with trees everywhere and birds singing and flowers smelling. The sky in the city is particularly blue and clear, and white clouds can be seen clearly. When you look closer, those big trees and those small flowers grow in the desert. How did these green lives take root and sprout on such soft yellow sand? So Dubai is contradictory. The most lifeless yellow sand, the most vibrant green forest, the oldest religion and the most modern architecture are all integrated.

In the Gulf region, Dubai is considered as one of the most important trade centers in the region. First of all, Dubai is located in the middle of the UAE coastline, about 400 miles long, and its location is very strategic and competitive. This important position in the southwest of Arabian Gulf, on the one hand, makes Dubai play an active trade role in connecting various routes, on the other hand, it can greatly facilitate the maritime transportation between the East and the West. Secondly, Dubai pursues a free and stable economic policy, which has won a good reputation in various countries and international business circles, and encourages domestic capital and foreign capital to invest in commercial, industrial, service and other economic fields. Third, Dubai has further strengthened its strategic position in international trade by building a sound infrastructure, improving the efficiency of government services and providing public services. These efficient facilitation measures have effectively promoted the growth of various economic sectors, social development and the improvement of people's living standards. In a word, the economy of Dubai Emirates is based on two economic activities, namely, non-oil trade and oil production and export. In the past three decades, Dubai's trade and industry have experienced rapid growth due to its unique strategic location in the Gulf region, the completion of a series of infrastructure projects and a series of trade facilitation measures implemented according to the highest international standards. Now Dubai has become the most important import, export and entrepot trade center in this region. At the same time, Dubai is also committed to vigorously strengthening the construction of its industrial base in order to further realize its economic diversification. To this end, Dubai has established some heavy industry projects in Gebali Free Zone, and the active private economy has also established some small and medium-sized manufacturing factories, which have achieved self-sufficiency in some commodities, and some commodities have even exceeded the demand of the local market and are exported to overseas markets.

Its economic components are:

Oil, today, Dubai oil only provides 6% of GDP, and it is expected to be mined by 20 10.

Non-oil industry, the two largest non-oil industry projects in UAE are in Dubai, namely Dubai Aluminum Factory and Dubai Dry Dock.

Port freight

Trade processing

tourism

realty business

Telecommunications and hydropower

High-tech industries, etc.

Dubai people have infinite courage, and everything should be the best in the world. The only seven-star hotel in the world, the eighth wonder in the world, the tallest building in the world, the world's largest artificial indoor ski resort, the world's largest amusement park, the world's largest office building ... Dubai Hotel Golden Sailing Hotel.

On1October 24th, 2009 local time, 165438, Dubai World, the largest enterprise in the emirate of Dubai, announced that it would postpone its debt repayment for six months, which shocked the global financial market. The three major US stock indexes fell by 1.48%- 1.73% respectively, and the Asia-Pacific stock index was even more bleak. Japan fell by 3.22%, Hong Kong by 4.84%, South Korea by 4.69% and Shanghai Composite Index by 2.36%. Then the resource market. Gold and oil prices plunged 1. 1% and 2.4% respectively, while silver fell by 2.5%.

Dubai is the entrepot trade center in the Middle East, and its non-oil trade accounts for 70% of UAE countries. By establishing a free trade zone and attracting foreign businessmen without tax, its tourism industry is developed, which in turn drives a lot of real estate investment. Therefore, experts believe that Dubai's non-oil economy such as trade, port economy, leisure and tourism is relatively stable, and Dubai's debt crisis is expected to be resolved in the next two or three years.