Wednesday, July 29, 2009

~~Dubai epicenter of growth~~

Fondly called as city of gold ,growth Dubai has achieved during the past the twenty years is really amazing. What is more surprising is the fact oil exports which contributed most of its GDP during late 80's ,today is just accounted for 6 % of its GDP. Most of the money comes from real estates, tourism and other business establishment who found this a better place to do business. Another fact I came across Dubai account for more number of tourists than the number of people visit India every year.
Ten years before when any of my friends or relatives travelled to US they would choose their pit stop either London or Frankfurt but now days I see lot of people choosing Dubai as their stopover.No complains when u can spend wonderful in airport which has a city inside.
All credit goes to intelligent Shiekh who realised that his country cant sustain just depending on oil alone, there by wisely divertingthe profits got from oil to turn this desert into a modern world marvel.

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