dubai – financial capital of the middle east

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Dubai – The New York of the Middle East

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Page 1: Dubai – Financial Capital Of The Middle East

Dubai – The New York of the Middle East

Page 2: Dubai – Financial Capital Of The Middle East

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

• Dubai today

Page 3: Dubai – Financial Capital Of The Middle East

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.

Page 4: Dubai – Financial Capital Of The Middle East

Dubai is in the UAE

Page 5: Dubai – Financial Capital Of The Middle East

What is the Climate Like?

• Mostly covered by desert.

• Extremely hot – 100 degrees on Average

Page 6: Dubai – Financial Capital Of The Middle East

Mostly Desert - HOT

Page 7: Dubai – Financial Capital Of The Middle East

Describe the Culture

• Mostly Muslim Arabs

• 85% of the population is foreign workers.

Page 8: Dubai – Financial Capital Of The Middle East

Culture

Page 9: Dubai – Financial Capital Of The Middle East

Culture

Page 10: Dubai – Financial Capital Of The Middle East

Industries?

• Most money comes from oil deposits

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

Page 11: Dubai – Financial Capital Of The Middle East

World Oil Deposits

Page 12: Dubai – Financial Capital Of The Middle East

Dubai in 1990

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Dubai in 2003

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Dubai in 2007

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Tourism

• What tourist attractions are there in Dubai?

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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.

Page 17: Dubai – Financial Capital Of The Middle East

Mall of the Emirates

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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.

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Burj Dubai

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Burj Dubai

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DubaiLand

• To be completed in 2020

• 4 times larger than DisneyLand

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

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DubaiLand

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

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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.

Page 28: Dubai – Financial Capital Of The Middle East

Ski Dubai

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Ski Dubai

Page 30: Dubai – Financial Capital Of The Middle East

The Palm Islands

• Largest Artificial Island project in the world.

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

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The Palm Islands

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The Palm Islands

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‘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)

Page 34: Dubai – Financial Capital Of The Middle East

‘The World’

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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.

Page 36: Dubai – Financial Capital Of The Middle East

Burj Al-Arab

Page 37: Dubai – Financial Capital Of The Middle East

Burj Al-Arab

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Burj Al-Arab

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Hydropolis

• World’s first underwater resort

• 220 rooms

• 66 feet under the water’s surface

• Cost over $550 million to build

• Opening in 2009

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Hydropolis

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Hydropolis

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Hydropolis

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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

Page 44: Dubai – Financial Capital Of The Middle East

Let’s go to the beach….

Page 45: Dubai – Financial Capital Of The Middle East

Workers leaving…..