Dubai – Financial Capital Of The Middle East
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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
Construction of Dubai Land
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…..