- Dubai (Arabic: دبيّ).
- One of the 7 emirates.
- The most populous state of the United Arab Emirates (UAE).
- Located along the southern coast of the Persian Gulf on the Arabian Peninsula.
- Dubai Municipality is sometimes called Dubai state to distinguish it from the emirate.
- Dubai has the largest population and is the second largest emirate by area, after Abu Dhabi.
- Dubai lies directly within the Arabian Desert.
- Hot arid climate with very hot summers (ave highs around 40 °C).
- Winters are warm and short.
- The first recorded mention of Dubai is in 1095.
- This was from the "Book of Geography" by the geographer Abu Abdullah al-Bakri.
- Gaspero Balbi (venetian pearl merchant) visited the area in 1580 and mentioned Dibei regarding its pearling industry.
- The first documented records of the town of Dubai come from 1799.
- Dubai was known for its pearl industry until the 1930s, though became damaged irreparably World War I & the Great Depression (late 1920s).
- Main revenues are from tourism, real estate & financial services.
- The economy was originally based on the oil industry, though petroleum and natural gas revenues now only make up ~ 5% of GDP.
- The Dubai International Finance Centre is a landmark project to turn Dubai into a major international hub for banks and finance.
- In 2007 was ranked 37th within the top 50 global financial cities.
- In November 26, 2009, Dubai proposed to delay repayment of its debt.
- Dubai has been ruled by the Al Maktoum dynasty since 1833.
- Dubai came under the protection of the UK by the "Exclusive Agreement" of 1892, to protect Dubai against possible attacks from the Ottoman Empire.
- Border disputes between Abu Dhabi and Dubai were common even after the formation of the UAE.
- A formal compromise was eventually reached in 1979 that ended disputes between the two states.
- The current ruler is Mohammed bin Rashid Al Maktoum, who is also Prime Minister and Vice President of the UAE.
Image (top) by C. Frank Starmer (cc)
Image (bottom) by twocentsworth (cc)
Posted by ALCHEssMIST.
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