As we all know, Dubai has been transformed into a real wonder of the World. Our generation has a unique opportunity to witness how an empty desert can be transformed into one of the planets most interesting cities, attracting millions of tourists each year.
Yeah, it’s true that Dubai has oil reserves, that greatly affected its economic development. Good thing that Sheik Mohammed bin Rashid al Maktoum, the ruler of Dubai, realized that these reserves will run out some day, so he decided the city needs a “back up” plan. So the great construction commenced.
It was a brilliant idea, since today Dubai’s gross domestic product is calculated to be some $107.1 billion! And the revenues from oil and natural gas constitute less than 5% of the emirate’s total revenues. Dubai spent enormous amount of money and resources in order to obtain the most jaw-dropping skyline in the world.