Why is the city of Dubai so wealthy?
Dubai's extraordinary wealth is rooted in several key factors that have collectively transformed it into a global economic powerhouse. Firstly, its strategic geographical location has made it a pivotal hub for international trade and commerce. Situated between Europe, Asia, and Africa, Dubai's access to major shipping routes has facilitated the flow of goods, enhancing its role in the global supply chain. Visionary leadership has played a crucial role in Dubai's prosperity. The emirate's rulers have consistently pursued ambitious development plans and economic diversification strategies. Recognizing the finite nature of oil resources, Dubai strategically invested its oil revenues into infrastructure, tourism, and real estate. This forward-thinking approach has propelled the city beyond its reliance on oil and positioned it as a multifaceted economic center. Dubai's commitment to creating a business-friendly environment has attracted a myriad of international comp
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