Dubai has the world's first seven-star hotel (Seven-star Burj Al Arab), the world's largest shopping mall, the world's largest indoor ski resort...? Dubai also has the world's tallest building "Dubai" with a total investment of over 7 billion US dollars.
Tower", with 162 floors and a total height of 828 meters, 320 meters higher than Taipei 101.
? Who would have thought that in the 1950s, Dubai was just a small village with a population of 20,000 and no airport.
1. Oil was discovered in Dubai in 1966, making it the richest region in the Arab world.
But instead of counting money on resources, Dubai invested the money in urban construction. This is a crucial move for Dubai's development.
? There is a Chinese proverb: Plant a plane tree and the phoenix will naturally come.
? In 1976, Dubai built the Jebel Ali Port, which is currently the largest man-made port in the world.
In order to attract more traders to use Jebel Ali Port during transit, the Dubai government established the Jebel Ali Free Trade Zone near the port.
? In 1985, Emirates Airlines was established. This company purchased a large number of wide-body aircraft and opened a large number of international routes.
In 2022, Emirates Airlines will cover 97% to 98% of the world's population.
? After becoming an important transportation hub, Dubai began to build its own tourism industry.
? Dubai reclaimed land and created the Palm Island Villa Area.
Building the world's largest indoor ski resort in a desert city requires a lot of investment.
But looking back, it was still very cost-effective to invest money in these large-scale facilities with high investment and high returns when oil was at a high level.
? The world's tallest skyscraper, the Burj Khalifa, the 7-star Burj Al Arab... miracles in the world are rising one after another.
? Dubai has built itself into a global landmark, attracting tourists from all over the world to spend money here.
Dubai has become the center of luxury in the world.
? Today, the revenue from oil accounts for less than 1% of Dubai’s GDP.
2. The rise and prosperity of Dubai benefited from the wave of globalization. Now that unilateral protectionism has risen after the epidemic, the tourism industry has been hit hard. Will Dubai prosper and decline, or will it rise from the ashes?
? Dubai has once again taken the lead and planned ahead for a rainy day.
Actively weave new networks and find new exits, and do not wait to save ourselves by taking the initiative.
?The first is Dubai’s retirement network for seniors around the world.
? On September 2, 2020, the Dubai government announced the launch of a global retirement plan "Retire in Dubai".
Under this plan, foreigners over the age of 55 can retire in Dubai.
This is Dubai’s first retirement policy for overseas and expatriates.
? Dubai launches such preferential policies to enrich its population structure and increase its ability to resist risks.
By establishing a global retirement network, it can attract a large number of middle-aged and elderly people with greater spending power to help it digest excess real estate.
? The second network that Dubai relies on for the future began to be woven a long time ago, but its role has begun to show recently. This network is the global financial network.
Since 2004, Dubai has established a 110-acre "free trade zone" in the city center called Dubai International Financial Center, DIFC.
Today, this free trade zone has become a gathering place for banks, fund companies, law firms, and accounting companies, with more than 2,500 registered companies.
Moreover, 17 of the world's top 20 banks, 8 of the top 10 law firms, and 6 of the top 10 asset management companies are here.
? Dubai’s free trade zone is more than just a magnet, attracting international companies to Dubai.
The free trade zone is actually a launcher, projecting Dubai's influence to the world.
? In the next ten years, the size of this free trade zone may be expanded to three times its current size.
Under the impact of the epidemic, Dubai Free Trade Zone has shown its advantages in leaping through cycles.
It successfully signed up 310 new companies in the first half of 2020 – a new six-month record.
?Dubai keeps moving forward!
? Along the way, Dubai has reclaimed land from scratch and built high-rise buildings from flat land.
It takes one step and two steps to take a long-term view. It is prepared for danger in times of peace and is not deceived by immediate interests.
There is much to think about and learn from the development history of Dubai.