Dubai, the ‘leisure and entertainment capital of the Middle-East’ is just a trendy, cosmopolitan city that is now creating a slow transition from an oil-dependent economy to the Mecca of media & commerce in the Gulf.
Tourists who come to tour Dubai on cheap holiday packages are usually impressed by its architectural grandeur visible in the new-age buildings that produce the city seem like a chrome and glass fantasy. The city’s primary tourist attraction, The Palm Island, built out of reclaimed land draws tourists in hordes. Annually an incredible number of tourists seek out cheap holiday deals for Dubai on the web to see this incredible residential and resort complex that is even visible from the space.
On your next holidays to Dubai take time out to explore the ‘Internet City’- the IT- hub of Dubai. Next on the Dubai Government’s wish-list can be an International Financial Centre that may give well-known stock exchanges such as the Hangseng desert safari deals, Nikkei and Dow Jones a function for their money. But probably the most significant development that’s taken place may be the conceptualization of a ‘Media City’ that may enable Dubai to restore Cairo whilst the media capital of the Middle-East.
Tourists who’ve visited Dubai previously decade testify that the city’s demographic composition has changed dramatically previously two decades. Only eighteen percent of the population of Dubai now contains original inhabitants and the remainder are migrant workers who’ve been brought in within Dubai’ government’s grand strategy to promote a ‘Knowledge Economy’ comprising of special economic zones focused on each industry. Dubai has made a proper decision to branch out into various industry verticals like shipping, finance, transportation & media rather than just depending on hospitality. Limited oil reserves are supposed to be the key trigger behind this type of strategic move.
Unlike other nations which have relied primarily on rapid industrialization and export surpluses to promote GDP growth, the Dubai Government has followed a slightly contrarian approach and adopted tourism as the key engine of economic development. It has created the right infrastructure and put in place a strong law and order mechanism for tourists to enjoy and feel secure in the Emirate.