Dubai – Financial Capital Of The Middle East

Post on 13-May-2015

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Transcript of Dubai – Financial Capital Of The Middle East

Dubai – The New York of the Middle East

Towards the bottom of your note sheet, please add….

• Dubai today

What and where is Dubai?

• A Sheikdom located on the Arabian Peninsula.

• Part of the United Arab Emirates.

• A small area, but also extremely rich.

Dubai is in the UAE

What is the Climate Like?

• Mostly covered by desert.

• Extremely hot – 100 degrees on Average

Mostly Desert - HOT

Describe the Culture

• Mostly Muslim Arabs

• 85% of the population is foreign workers.

Culture

Culture

Industries?

• Most money comes from oil deposits

• Dubai is also the “financial capital” of the Middle East; this means banking is huge!

World Oil Deposits

Dubai in 1990

Dubai in 2003

Dubai in 2007

Tourism

• What tourist attractions are there in Dubai?

Mall of the Emirates

• Largest mall in the world.– Finished in 2008.– 12 million sq feet.– More than 1000 stores.

• Mall of America– 4.2 million sq feet.– 520 stores.

Mall of the Emirates

Burj Dubai

• Tallest Building in the World

• Over 150 stories tall.

• Condensate collection system collects 15 million gallons of water per year from the air.

Burj Dubai

Burj Dubai

DubaiLand

• To be completed in 2020

• 4 times larger than DisneyLand

• Includes:– Universal Studios Dubai– Dubai Golf City– Dubai Autodrome

DubaiLand

Another indoor ski slope & hockey arena to be built in Dubai Land

Ski Dubai

• Largest indoor ski resort in the world.

• Temperature kept at 30 degrees F.

• Remember - Dubai’s Avg. temperature in Summer is over 100 degrees Fahrenheit.

Ski Dubai

Ski Dubai

The Palm Islands

• Largest Artificial Island project in the world.

• Each Palm Island project cost more than $4 Billion to build.

The Palm Islands

The Palm Islands

‘The World’

• Artificial Islands are now completed, but no buildings yet

• 300 small artificial islands covering 5.4 square miles

• You can buy one! Prices start at just $6.85 million (for the island alone)

‘The World’

Burj Al-Arab

• World’s only 7-star hotel

• 202 two-story suites.

• Amenities include:– Rolls Royce Chauffer service– Helicopter chauffer service available.– Private butler– Spa– Library and study area.

Burj Al-Arab

Burj Al-Arab

Burj Al-Arab

Hydropolis

• World’s first underwater resort

• 220 rooms

• 66 feet under the water’s surface

• Cost over $550 million to build

• Opening in 2009

Hydropolis

Hydropolis

Hydropolis

Dubai Today: In the midst of a financial crisis

• Dubai, like the rest of the world, is in financial trouble.

Lost your ship? This is right off the beach

Let’s go to the beach….

Workers leaving…..