2. History
800 members of the Bani Yas tribe, led by the Maktoum Family,
settled at the mouth of the creek (the natural harbour) in 1833.
Dubai soon became a center for the fishing, pearling and sea trade.
The souk on the Deira side of the creek was the largest on the coast
with 350 shops.
By the 1930s Dubai's population was nearly 20,000, a quarter of
whom were expatriates.
3. History
UAE is a constitutional federation
of seven emirates:
Abu Dhabi (capital and the
largest city of the federation)
Dubai
Sharjah
Ajman
Umm al- Qaiwain
Ras-al- Khaimah
Fujairah
The federation was formally
established on 2nd December, 1971
4. General information
Population : Approximately 7,890,924
Religions : Muslims, Christians, Others.
Languages : Arabic, Urdu, Persian,
English, Punjabi, Hindi, Bengali,
Malayalam, Blotchy.
Literacy : 77.9%. (male: 76.1% female: 81.7%)
Size : Area: total: 83,600 sq. km
Government: Sheikh
Currency: Dirham
5. Culture In Dubai
The UAE culture mainly revolves around the religion of
Islam and traditional Arab, and Bedouin culture. In contrast, the
city of Dubai is a highly cosmopolitan society with a diverse and
vibrant culture.
The influence of Islamic and Arab culture on its
architecture, music, attire, cuisine and lifestyle are very
prominent as well. Five times every day, Muslims are called to
prayer from the minarets of mosques which are scattered around
the country.
Major holidays in Dubai include Eid al Fitr, which marks
the end of Ramadan, and National Day (2 December ), which
marks the formation of the United Arab Emirates.
6. Food
Arab food is very popular and is available everywhere in the
city, from the small shawarma diners in Deira and Al Karama to
the restaurants in Dubai's hotels. Fast food, South Asian, and
Chinese cuisines are also very popular and are widely available.
A liquor permit is required to purchase alcohol; however,
alcohol is available in bars and restaurants within hotels.
Dubai is known for its nightlife. Clubs and bars are found
mostly in hotels due to the liquor laws.
7. Dress and etiquette
The Islamic dress code is not compulsory, unlike
in neighboring Saudi Arabia. Most Emirati males
prefer to wear a kandura, an ankle-length white shirt
woven from wool or cotton, and most Emirati women
wear an abaya, a black over-garment covering most
parts of the body.
This attire is particularly well-suited for the
UAE's hot and dry climate. Western-style clothing is,
however, dominant because of the large expatriate
population, and this practice is beginning to grow in
popularity among Emiratis.
Etiquette is an important aspect of UAE culture
and tradition. Recently, many expatriates have
disregarded the law and been arrested for indecent
clothing, or lack thereof, at beaches.
10. LOCATION OF DUBAI
Located at the crossroads of Asia, Africa and Europe.
Dubai lies along the Eastern coast of the Arabian Peninsula
in the South West corner of the Arabian Gulf.
11. ECONOMY
GDP - per capita :- $49,000 (2012 est.), $48,500 (2011 est.),$47,500 (2010 est.)
Oil and natural gas currently account for around 6% of the emirate's revenues.
Largest contributors to Dubai's economy.
Real state and Construction (22.6%)
Trade (16%)
Financial services (11%)
18th among the worlds best financial cites.
Dubai's top re-exporting destinations include:
Iran, India, Saudi Arabia
The emirate's top import sources are
Japan, China, United States
12. Business opportunities
Ever since Dubai was flooded by the increase of population during the
early days of oil, housing has been difficult to obtain. That is when the
novel idea of building homes on artificial islands out in the middle of
the water was developed. One of the first developments was Jumeirah
Palm Island. Then came "The World", a series of man-made islands
with homes that only the mega-rich could ever hope to afford
Ownership of an island home at "The World" is considered just as
desirable as a home in Aspen, Monaco, and other favorite hangouts of
the Rich and Famous.
The main reason for the construction boom in Dubai is its drive to
diversify the economy. The Dubai government does not want to depend
on its oil reserves which are largely believed to become exhausted by
2010. Accordingly Dubai City has diversified its economy to attract
revenues in the form of expanding commercial and corporate activity.
13. Dubai has been and continues to be a popular destination among both
tourists and expat workers for many reasons. Though this United Arab
Emirates territory derives much of its income from oil, its economy is
also largely helped by earnings from various other industries.
In Addition to this Dubai is famous in other sectors like
Hotels
Constructions
IT
Health Care
Automobile
Banking & Finance
Import and export
Night clubs
Franchise business
14. Why Dubai?
No-Tax policy.
Free Zones for businesses.
Tourist destination
International business centre
Leading regional trading hub in the Middle East
Regional office location
Dubai's location makes it unique in its
international connectivity and access.
Unemployment rate is 4.2%
15. Easy access to regional market
Consistently strong economic outlook
Best economic environment
Well connected location
Thriving tourist destination
Safe and stable base for business
There are no stringent foreign exchange rules, quotas or
conditions. The import duties are low, and many products
are exempt from taxation.
The transportation facilities from the port to warehouses
are unmatched in terms of efficiency and operations. So it
is easy to transport and store goods in less time thus
increasing profit margins.
16. Aside from the economic advantages of using Dubai as a
business base, international businessmen can be assured
that the city offers a superb quality of life for themselves
and their families.
Dubai is tolerant, welcoming and virtually crime-free.
The lifestyle is international, with luxury residential and
office accommodation, good educational, health and
shopping facilities.
Sporting and leisure interests are well catered for and
Dubai's top class international hotels offer a wide range of
dining, entertainment and nightlife.
