Wednesday, 1 August 2012

Abu Dhabi and Dubai – A Matchless Combination


Abu Dhabi and Dubai are two biggest cities of the United Arab Emirates and also two of the richest states of the union. These are the only states among the total of seven in the UAE that have the veto power in the matters of foreign affairs and strategy and policy formulation. These two cities are also the main business hubs of the country and that is why they are the most developed as well. The two states have been extremely helpful for each other in the hours of crises and one such moment was when the state of Dubai needed help of the Caliph, who has the seat in Abu Dhabi, for the completion of Burj Dubai and the Caliph was generous enough to lend his arm, while Dubai re-paid the Caliph by naming the Burj Dubai as Burj Khalifa.

Since the union of the seven states, Dubai had been the business and tourism hub of the country while Abu Dhabi took the back seat by only basing its economy on the mineral oil which is the largest export of the UAE. However, in the recent years, Abu Dhabi has also fast developed itself into tourists’ favorite spot. The main reason behind the decision was that the administration wanted to shift their economy to tourism and business instead of the oil export only because oil based economy might be able to sustain the economy after a certain point in time.

Dubai, on the other hand, has been developing itself further and has reached beyond the land space and into the sea, where they have developed The Palm Jumeirah Islands. They are certainly a man-made wonder of the modern era and for the first time in the world; islands were carved out in the sea artificially. Burj Khalifa was also established in Dubai and was inaugurated on January 4, 2010. So Dubai is expanding both horizontally and vertically and is certainly one of the leading property markets in the region.

The two states are moving fast towards becoming the global leaders in the fields of tourism and business and the time is near when both of them will surpass all the regional competitors in these two indutries.

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