Dubai, the ‘leisure and entertainment capital of the Middle-East’ is really 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 arrive at tour Dubai on cheap holiday packages are generally impressed by its architectural grandeur visible in the new-age buildings which make the town 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. Each year countless tourists look for cheap holiday deals for Dubai on the web to see this incredible residential and resort complex that is even visible from the space.
On the 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 popular stock exchanges such as the Hangseng desert safari deals, Nikkei and Dow Jones a run because of their money. But perhaps the most important development that has taken place is the conceptualization of a ‘Media City’ that may enable Dubai to displace Cairo while 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 populace of Dubai now contains original inhabitants and the remainder are migrant workers who have been brought in included in Dubai’ government’s grand strategy to promote a ‘Knowledge Economy’ comprising of special economic zones dedicated to each industry. Dubai has made a strategic decision to branch out into various industry verticals like shipping, finance, transportation & media rather than depending on hospitality. Limited oil reserves are said to be the main trigger behind such a strategic move.
Unlike other nations which may 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 main engine of economic development. It has established the right infrastructure and put set up a powerful law and order mechanism for tourists to enjoy and feel secure in the Emirate.