The emirate's main revenues are from tourism, real estate and financial services. Although Dubai's economy was originally built on the back of the oil industry,revenues from petroleum and natural gas currently contribute less than 6% (2006) of the emirate's US$ 37 billion economy (2005).Real estate and construction, on the other hand, contributed 22.6% to the economy in 2005, before the current large-scale construction boom.Dubai has attracted attention through its real estate projects and sports events. This increased attention, coinciding with its emergence as a Global City and business hub, has highlighted labour and human rights issues concerning its largely South Asian workforce. Established in 2004, the Dubai International Finance Centre was intended as a landmark project to turn Dubai into a major international hub for banks and finance to rival New York, London and Hong Kong
Dubai
Dubai is one of the seven emirates and the most populous state of the United Arab Emirates (UAE). It is located along the southern coast of the Persian Gulf on the Arabian Peninsula. The Dubai Municipality is sometimes called Dubai state to distinguish it from the emirate.
Visiting Dubai
Dubai is one of the seven states making up the United Arab Emirates and it
is located in the Middle East at the crossroads of Asia, Europe and Africa.
Dubai is a city of striking contrasts; it is an exciting destination both for
travelers seeking thrills and adventure and for expatriates seeking a healthy
employment climate and a tax free lifestyle.
Those expatriates planning on moving to the UAE or who are seeking the latest
job opportunities in Dubai are certainly not alone. The population of Dubai is
one of the fastest growing in the world and over the past twenty five years it
has quadrupled.
Employment prospects in the city rise annually by an average of 8.3% and the
increasing availability of quality jobs has attracted record numbers of
expatriates to the region. The appeal of Dubai lies in the fact that it is a
liberal and moderate emirate and it has attracted major players from every
single significant business sector of note because of the tax free trade zones
Dubai is famous for. These industry giants from the media, IT, engineering and
financial sectors for example can recruit internationally and many offer their
staff a tax free salary with attractive relocation benefits on top meaning they
attract the best, most dynamic employees from around the world.
The expatriate population in the entire UAE makes up 91.5% of the working
population so you can see how popular a destination Dubai is with international
executives from around the world. To work in Dubai it is necessary to obtain an
employment visa, if you secure a job offer before you fly out your employer will
sponsor your visa for you. Alternatively you can travel to the country on a 30
day temporary visa, seek work and as soon as you secure a job offer you can
apply for your employment visa.
In terms of those who holiday in Dubai they are divided into a number of
categories – you have shopoholics who come for the tax free prices on luxury
goods and jewellery, you have those who want an adventure in and around the
ancient and fascinating heart of Dubai, you have families keen to hit the theme
parks and adventure centres and those who come for the sporting highlights of
Dubai such as the world class golf, polo, diving and desert safaris.
Visitors to the city of Dubai require a visa unless they herald from Bahrain,
Kuwait, Qatar, Oman or Saudi Arabia. Those visitors who are staying in one of
the amazing and luxurious hotels Dubai is famous for will be provided with a
visa by the hotel for the duration of their stay. The process to obtain a visa
is very simple, in fact most travel agents or hotels will fill in the necessary
paper work for you and you can either apply for a 14 day ‘transit visa’ or a 30
day ‘visit visa’ and then enter the country and be free to enjoy your time
exploring this dynamic and breathtaking city of contrasts.
