East side Jargon about home,family,sports,fun,and blogging

Location: T-Town, Alabama, United States

Retired enjoy bloging

Thursday, February 02, 2006

"Worlds Fastest growing city"

UAE Cities

The cities of the United Arab Emirates are actually "Emirates," small locally governed units with federal connections. Dubai is the largest and most traveled to Emirate in the UAE. The capital Abu Dhabi boasts a smaller and more hometown feel to it, but still has the glitz and nightclubs of its bigger brother to the East. Other cities worth visiting are Sharjah, Fujairah, and the desert oasis of Liwa.

I started out wanting to tell you about Tiger playing golf in the Dubai Desert classic. Looking at the sky line with so many buildings under costruction and not knowing where Dubai was located, lead me to this post about this bustlingly city!

The city of Dubai has a free trade in gold and till the 90s was the hub of a "brisk smuggling trade" of gold ingots to India, where gold import was restricted (read the novel Dubai by Robin Moore). Oil reserves in Dubai are less than one-twentieth that of the emirate of Abu Dhabi, and hence oil income is a minor contributing factor to the city's prosperity.

Today, Dubai is also an important tourist destination, bolstered by its rapidly-expanding airline Emirates, which is headed by Sheikh Ahmed bin Saeed Al Maktoum, an uncle of the Sheikh. Dubai is also diversifying as a hub for service-based industries such as IT and finance, with the new Dubai International Financial Centre (DIFC).

The government has set up industry-specific free zones throughout the city. Dubai Internet City, now combined with Dubai Media City as part of TECOM (Dubai Technology, Electronic Commerce and Media Free Zone Authority) is one such enclave whose members include IT firms such as EMC Corporation, Oracle, Microsoft, and IBM, and media organisations such as MBC, CNN, Reuters, ARY and AP. Dubai Knowledge Village (KV) is an education and training hub is also set up to complement the Free ZoneÂ’s other two clusters, Dubai Internet City and Dubai Media City, by providing the facilities to train the clusters' future knowledge workers.

The city will clame the worlds tallest building status in 2008! This area is intreging to me as I watch the USA becoming less invigerating to growth in it's industrialsectorr!

Another interesting factor is you don't own land in this area as also I see foreign firms buying up land in the USA! The area grows quickly in construction due to cheap labor market! Also known as a learning center Hub! Why pay twenty dollars an hour when you have so many educated people willing to work for half that amount!

The whole growth factor comes down to how much can big business keep in their pocket!
Form those of you who would like to see more on the worlds fastest growing city.

Thought for the day, my grandpa use to say son, always give a fair days labor for your wage. I wonder what that means in cooperate America today?


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