Dubai, the ‘leisure and entertainment capital of the Middle-East’ is a trendy, cosmopolitan city that is now making a slow transition from an oil-dependent economy to the Mecca of media & commerce in the Gulf.
Tourists who arrived at tour Dubai on cheap holiday packages usually are impressed by its architectural grandeur visible in the new-age buildings which make the town seem like an opera and glass fantasy. The city’s primary tourist attraction, The Palm Island, built out of reclaimed land draws tourists in hordes. Each year countless tourists look for cheap holiday deals for Dubai on the net 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 is an International Financial Centre that will give well-known stock exchanges such as the Hangseng desert safari deals, Nikkei and Dow Jones a run because of their money. But possibly the most significant development that’s taken place could be the conceptualization of a ‘Media City’ that will enable Dubai to displace Cairo as the media capital of the Middle-East.
Tourists who have visited Dubai in the past decade testify that the city’s demographic composition has changed dramatically in the past two decades. Only eighteen percent of the people of Dubai now contains original inhabitants and the remainder are migrant workers who have been brought in as part of Dubai’ government’s grand strategy to promote a ‘Knowledge Economy’ comprising of special economic zones specialized in each industry. Dubai has made an ideal decision to branch out into various industry verticals like shipping, finance, transportation & media rather than relying on hospitality. Limited oil reserves are said to be the main 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 somewhat contrarian approach and adopted tourism as the main engine of economic development. It has generated the right infrastructure and put in place a strong law and order mechanism for tourists to take pleasure from and feel secure in the Emirate.