An oasis is a symbol of hope for a traveler in the dessert.
It is a place where vegetation springs in spite of the barren land surrounding
it. A place that where you can lay your weary thoughts and body. And for country like United Arab Emirates, to
spring up a firm economy under extreme conditions, we can say that it is an
oasis in middle of the dessert.
United
Arab Emirates is considered as one of the countries that has mastered how
to utilize its natural resources and convert into a window for different investments.
Despite its already positive world reputation, it is still viewed as one of the
emerging economy. Although relying mostly from its natural oil reserves, the
country is directly paving its way to diversification. Realizing the
irreplaceability of their primary trades, the UAE intends to solidify its
position in the coming years in the areas of renewable energy, information
technology, and telecommunications to name a few. The country has steadily
influenced the world market and world politics by maintaining a diplomatic
relationship with its neighboring countries.
And as of 2015, UAE has risen up as 2nd wealthiest (behind
Saudi Arabia) among the six countries in the Gulf Cooperation Council.
The government of UAE has a clear picture of where they want to be. With Abu Dhabi’s Economic Vision 2030 and Dubai’s Strategic Plan 2015, we can say that UAE is on campaign towards greatness.
The government of UAE has a clear picture of where they want to be. With Abu Dhabi’s Economic Vision 2030 and Dubai’s Strategic Plan 2015, we can say that UAE is on campaign towards greatness.
One of its assets is its prospering tourism. Hotels and tourist establishment will play role on its economic success. Being an Islamic country, its tolerance for other religion has become the main reason that it is quickly becoming a top tourist destination. Another area which they see great potential is the newly established Emirates Space Agency and its two world-class airlines, Etihad and Emirates, they will be seeing a new horizon in aviation and space which is expected to boost the need countries need for information technology specialist. The mega structure development that is UAE’s man-made island has given a new light to the real estate in the country. These foreseen increased needs in different industries will simultaneously build a strong demand for finance and bookkeeping in Dubai. Though these series of events will be dependent on each industry and can be viewed as short-term priorities, it undeniable that the current growth of Dubai’s economy almost guarantees that these are bound to happen.
But it is not just the United Arab Emirates that has
benefited from its own booming economy. It has opened doors for foreign
countries especially for those who are multilingual. Neighboring countries are
starting to see the potential of employment that they are filing their papers
to become flight attendants, estate agents, engineers, teachers, and
accountants in UAE.
And with the increasing demand for foreign workers, we can only foresee that future of business in Dubai will be like an oasis pooling and stringing different cultures together and will quench the thirst of its people with boundless possibilities and opportunities.
And with the increasing demand for foreign workers, we can only foresee that future of business in Dubai will be like an oasis pooling and stringing different cultures together and will quench the thirst of its people with boundless possibilities and opportunities.
