Dubai

Dubai (/dˈb/ doo-BY; Arabic: دبي Dubayy, Gulf pronunciation: [dʊˈbɑj]) is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. By the 1960s Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969. Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08, but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

Latest News for: Dubai notes

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Risk management must be driven by understanding of what is good for corporate: Ex-chairman Sebi

Beijing News 27 Nov 2022
Richard Rekhy, Board Member of KPMG Dubai and former chief executive officer of KPMG India, noted that risk management was entirely about the business and has to be led by the CEO. Alluding to the Covid crisis, Rekhy noted that "post-Covid, the companies that bounced back faster are the ones that had better risk management practices." ... (ANI) .......
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Beibhinn Parsons eager to make her Olympic dream a reality in Paris

Irish Independent 26 Nov 2022
It’s nearly shocking that people are so invested in it.”After a disappointing World Cup campaign, by their own high standards back in September, Ireland are aiming to bounce back in Dubai and start the season on a positive note.As much as many Irish supporters ......
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10 days of city-wide festivities, incredible deals on 51st UAE National Day

Gulf News 25 Nov 2022
Dubai. Get ready to celebrate the 51st UAE National Day with an array of entertainment, events and experiences taking place throughout Dubai ... “The city’s wide array of festivities to celebrate National Day will showcase the best Dubai has to offer across its iconic landmarks and world-class entertainment destinations,” noted Al Khaja, adding....
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Impact of ‘FTX collapse’ on Dubai’s crypto ecosystem

Financial Express 25 Nov 2022
Industry leaders in Dubai ... Cointelegraph further noted that one of the first exchanges to receive approval from the Dubai Virtual Asset Regulatory Authority (VARA), a body in charge of overseeing virtual asset service providers looking to operate locally, was the FTX exchange....
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David Beckham and a Manchester United bid – what could go wrong?

The Observer 25 Nov 2022
Arguably the one to watch is Dubai International Capital, which would mean cuddly Sheikh Makhtoum could swap notes with Beckham on their iron-filings beards, like a pair of those magnetic Wooly Willy toys ... So let’s conclude this section by noting that Prince Andrew abseiled down ......
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NH Collection to open its first UAE property in Palm Jumeirah

Gulf Daily News 24 Nov 2022
"From the 45-metre rooftop infinity pool, fully-equipped fitness centre, kids’ club, and NH Collection Spa, to the selection of eclectic dining venues, when NH Collection Dubai The Palm opens its doors in February it will welcome guests to exceptional hospitality and facilities," noted Jha....
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Starting a business in Dubai: Now is the right time

Khaleejtimes 24 Nov 2022
There is no better time than now to start a business in Dubai. You may be inclined to dismiss such an opening note as clichéd or an oft-repeated adage ... More foreign investors are shifting their base to Dubai to leverage some of the progressive economic reforms implemented by the government such as long-term visas and complete foreign ownership....
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UAE’s Virtual Assets Regulatory Authority cancels license of FTX

Financial Express 24 Nov 2022
The Dubai Virtual Assets Regulatory Authority (VARA) has confirmed the suspension of the license ... Moreover, Cointelegraph noted that on March 9, 2022, a new law was designed for developing a cryptocurrency legal framework in Dubai was issued, which led to the creation of VARA....
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UAE regulator revokes FTX license amid the exchange collapse

The Coin Telegraph 24 Nov 2022
Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate .......
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Maktoum bin Mohammed meets KPMG International chairman

Khaleejtimes 23 Nov 2022
The platform provided by Dubai has supported many global companies in the sector in advancing their reach, growth and innovation in the region, His Highness noted ... He said KPMG looks forward to new opportunities to strengthen its relationship with the UAE and Dubai. Dubai’s ......
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Dubai Visa Online Price

Hindustan Times 22 Nov 2022
Surely, for once in your lifetime you might have thought of visiting Dubai ... The Burj Khalifa, Dubai Frame, Dubai Canal, Gold and Diamond Park, and many more are the places that attract people from all around the world ... It should be noted that the procedure to get a Dubai Visa differs from the process of UAE Visa Online....
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Dubai Visa Apply

Hindustan Times 22 Nov 2022
Dubai is one of the most traveled cities of the United Arab Emirates and is the land of many wonders that makes tourists awestruck ... It should also be noted that getting travel insurance has been mandated by the UAE government and should be taken into consideration for traveling to Dubai city....
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Dubai Airport

Dothan Eagle 22 Nov 2022
Paul Griffiths, the CEO of Dubai Airports, takes a ......

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Several Hawaiian Volcano Observatory geologists board a helicopter as large lava fountains erupt in the background during the The 1984 eruption of Mauna Loa volcano in Hawaii
Creative Commons / R.B. Moore

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Belfast Telegraph | 28 Nov 2022
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