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A Look At The Post-2020 UAE's Economy Through Tourism And Investment Havens: Case For Dubai
Subject area: Management and Commerce · Area of research: Entrepreneurship
Abstract
The United Arab Emirates (UAE) and Dubai in particular have been known as one of the most tourist-friendly and safest places to invest in recent times; traceable to the vision of His Excellency, Sheikh Mohammed Bin Rashid Al Maktoum, the Prime Minister of UAE and Ruler of Dubai. As economic challenges hurl across continents, regions and countries, innovative leaders who possess the eagle eyes to see beyond the "now", would not just sit on a precarious edge of danger, but proffer economic solutions ahead of the challenges; for stability and sustainability. This research looks at how Dubai, a onetime desert, that has not only turned a world attraction, but strategically positioned to boost and propel the economy of UAE through tourism and investment platforms after 2020. Empirical studies have proved that UAE's population of almost 10 million people has over 200 nationalities resident out of which a good number of them are investors; adding great value to cash flow and economic development. This study is further engineered to look at the share of business the country can garner in the global gamut of tourism, in the near future.
Keywords
Economy, Tourism, Investors, UAE, Dubai, Investment Platforms
How to cite this paper
@article{1701508,
author = {Abraham O. A},
title = {A Look At The Post-2020 UAE's Economy Through Tourism And Investment Havens: Case For Dubai},
journal = {Iconic Research And Engineering Journals},
year = {2019},
volume = {3},
number = {2},
pages = {684-689},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1701508.pdf},
abstract = {The United Arab Emirates (UAE) and Dubai in particular have been known as one of the most tourist-friendly and safest places to invest in recent times; traceable to the vision of His Excellency, Sheikh Mohammed Bin Rashid Al Maktoum, the Prime Minister of UAE and Ruler of Dubai. As economic challenges hurl across continents, regions and countries, innovative leaders who possess the eagle eyes to see beyond the "now", would not just sit on a precarious edge of danger, but proffer economic solutions ahead of the challenges; for stability and sustainability. This research looks at how Dubai, a onetime desert, that has not only turned a world attraction, but strategically positioned to boost and propel the economy of UAE through tourism and investment platforms after 2020. Empirical studies have proved that UAE's population of almost 10 million people has over 200 nationalities resident out of which a good number of them are investors; adding great value to cash flow and economic development. This study is further engineered to look at the share of business the country can garner in the global gamut of tourism, in the near future.},
keywords = {Economy, Tourism, Investors, UAE, Dubai, Investment Platforms},
month = {August},
}