The world's tallest building, the largest man-made islands, the biggest shopping mall--all can be found in this thriving futuristic desert metropolis. Yes, we’re thinking of…. Dubai & the UAE!
In this episode of Things Have Changed, we dive into the fascinating economic journey of the UAE, once heavily dependent on oil, which accounted for a staggering 50% of Dubai's GDP. Fast forward to 2023, and the landscape has shifted dramatically, with oil now contributing less than 1% to the Dubai’s GDP. So how did an economy in a desert become a hub for trade, transport, finance, tourism, and technology??
Join us as we delve into the pivotal roles of initiatives like the Jebel Ali Free Zone Authority, which revolutionized trade, and examine how Dubai's strategic location and business-friendly policies catapulted it into a major player in global finance. This episode is not just about economic growth; it's a story of vision, innovation, and ambition.