About Dubai and it’s History
Dubai is situated on the Persian Gulf coast of the United Arab Emirates and is roughly at sea level (1660;m or 5260;ft above). The emirate of Dubai shares borders with Abu Dhabi in the south, Sharjah in the northeast, and the Sultanate of Oman in the southeast.
Dubai lies directly within the Arabian Desert. The city came under the protection of the United Kingdom by the Exclusive Agreement of 1892, in which the UK agreed to protect Dubai against the developing interests of France, Germany, and Russia in the Persian Gulf. The town’s geographical location continued to attract traders and merchants from around the region.
Dubai’s geographical proximity to Iran made it an important trade location. The town of Dubai was an important port of call for foreign tradesmen, chiefly those from Iran, many of whom eventually settled in the town.
The New Dubai – Today!
Dubai is also known as the City of Gold, because a major part of the economy is based on gold trades, with Dubai’s total gold trading volumes in H1 2011 reaching 580 tonnes (average price US$1,455). The city is also known as the “shopping capital of the Middle East” with more than 70 shopping centers and thousands of retail shops, including the world’s largest shopping centre, Dubai Mall. The city draws large numbers of shopping tourists from countries within the region and from as far as Eastern Europe, Africa and the Indian Sub-continent.
Dubai’s gross domestic product as of 2011 was US $8460;billion. Though Dubai’s economy was built on the back of the oil industry, revenues from oil and natural gas currently account for less than 7% of the emirate’s revenues. It is estimated that Dubai produces 50,000 to 70,000 barrels (11,00060;m3) of oil a day and substantial quantities of gas from offshore fields. The emirate’s share in UAE’s gas revenues is about 2%. Dubai’s oil reserves have diminished significantly and are expected to be exhausted in 20 years. Real estate and construction (26%), trade (16%), Entry Ports (15%) and financial services (11%) are the largest contributors to Dubai’s economy.
The Dubai Financial Market (DFM) was established in March 2000 with a market as a secondary market for trading securities and bonds, both local and foreign. As of fourth quarter 2006, its trading volume stood at about $40060;billion shares, worth $9560;billion in total and a market capitalization of about $8760;billion. Investment companies sprouted all over the city providing financial services from planning, advisory, management and banking. Other Dubai based stock exchange is NASDAQ Dubai is the international stock exchange in the Middle East. It enables a range of companies, including UAE and regional small and medium sized enterprises, to trade on an exchange with an international brand name, with access by both regional and international investors.
As of 2012, Dubai is the 22nd most expensive city in the world and the most expensive city in the Middle East. It was rated as one of the best places to live in the Middle East by American global consulting firm Mercer. Professional services, personal services, hospitality services and medical services are available in almost all corners in the city. Such us photography, insurance companies, car services, dental, rhinoplasty, liposuction, cosmetics, saloons, spa, limo service or chauffeur service is also available. Cleaning companies, maids services, tour guides, wedding planners and even dating service are also now in Dubai.
Today, Dubai has emerged as a cosmopolitan metropolis that has grown steadily to become a global city and a business and cultural hub of the Middle East and the Persian Gulf region. It is also a major transport hub for passengers and cargo. Although Dubai’s economy was historically built on the oil industry, the emirate’s Western style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events including EXPO 2020. The city has become symbolic for its skyscrapers and high rise buildings, in particular the world’s tallest building, the Burj Khalifa.
In addition, Dubai is home to other ambitious development projects including man made islands, hotels, and soon largest shopping mall in the world the “Mall of the World”. This increased attention has also highlighted labor and human rights issues concerning the city’s largely South Asian workforce.
The largest shopping mall in the world – “Mall of the World”
Dubai’s Transportation and its International Airport
Dubai is now the major destination for tourists be it business or leisure. With the city playing host to a number of events and festivals including the EXPO 2020, seen an increase in the number of visitors daily. The tourist influx has resulted in number of hotels mushrooming in all parts of the city. Today’s travellers loom for the best be it the location, facilities and prices. Hotels near to the airport are very popular as it saves a lot of travel time. Tour guide services, chauffeur or limo service are just a phone call away.
The 2 Metro rails (Red and Green), the mono rail (soon to open), busses, taxi cabs, limo services are very accessible within Dubai. Almost 10 Metro stations are located just a walking distance to the shopping malls. Major bus stations and bus stops have been properly distributed within the city. Limo service and Taxi service which is about 5,000 plus units are just a phone call away.
The city airport is voted as the best international airport in the world and is the hub for all major international airlines besides Emirates. The Dubai International Airport started operations in 1960 and is consider the busiest airport in the Middle East. Just recently, Dubai Airport invested $US8 billion to further expand the capacity of the international travel hub, as it expected to handle 75 million passengers by 2015 and 98 million by 2020.
Dubai EXPO 2020
Recently, Dubai won the EXPO 2020. This means more business, more customer, more clients, and more opportunity. In the contrary; high rentals, high cost of living, and high cost of goods. Rent hike have been experience by many residents in Dubai and also neighbouring cities.
Thou the EXPO 2020 is like 6 years away – Dubai had already arrange a number of projects such as the biggest mall in the world, more bridge, tunnels and metro rails that connects the city, Shaikh Zayed Road will have a canal from Jumeirah beach to business bay.
A recent statement by Oxford Economics demonstrates that Dubai Expo 2020 might support over 277,000 jobs. Additionally, it said an overall total of 77,149 jobs could be created between 2013 till 2021, 40 percent will be in the Dubai property and tourism market. With a job boom on the horizon along with continuing improvement of the energy sector, it paints an optimistic picture for the region. The Middle East is generously endowed with fuel and oil resources. Most forecasts suggest that dependence on oil from the ocean increases in the approaching years, as the reserves began to show decline in production in future.
Dubai Online Billboard Services is a MUST!
As the city and technology grows, so as also the demands of the businesses and services to be available at your fingertips. The Dubai before-and-after, its geographical location, its cultural diversity, its current tourism gives us the glimpse of what would be the Dubai five (5) or ten (10) years from now. Businesses and service providers must be ready to meet the increase demands.
In Dubai market alone, even inside the smallest corner in the city – these type of services are available such as lawyer or legal assistance, wedding planners or organisers, dhow cruise or tour packages, dating services, limo or car rental service, dental or nose surgery or liposuction service, cleaning or maid service, car insurance or medical services, business formation and sponsorship by local, financial consultancies and many more. Even laundry shops, food corners, restaurants – fine dining are on the go. PR agencies and website designers too. Dubai yellow pages alone has hundreds of thousands of companies listed under Dubai city.
But what keep mostly of these businesses away their customers? Online availability either from computers or mobile devices. You and I could not even find them when we search it in Google. Others manage to create their online presence by hiring somebody or a company to make a website for them – hoping that we could find them right away. Unfortunately, even after a year had passed their websites are nowhere to be found in the first page of Google.
To all service providers and professionals – this website is for you!
Search the service you provide in the web, if this website www.dubaiservices.net rank in the 1st page of Google or Bing or Yahoo or any other online browsers, rent that page with your website – your company name and website, your number – your customer!