The Role of Tourism in Dubai Economy

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Macroeconomics

ECON202

(Spring 2016) sec. 01

The Role of Tourism in DUBAI Economy

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Done by: Nesmah Mohammed

ID: 200006959. 

Written to: Dr. Marwan Yousef.

Table of Content:

Introduction………………………………………………………………………...……3

1.0 The growth of the tourism sector in the UAE……………..………………………….4

2.0 Tourism and GDP in Dubai…………………………………………..………………5

3.0 Dubai distinctive tourist destination….………………………………………………8

4.0 Most tourist attractions in Dubai………………………...……….…………...………….…9

Conclusion ………………………………………………………………………...…….13

Suggestions……………………………………………………………………………....15

References ………………………………………………………………….……..….…16

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Introduction

Expressed the United Arab Emirates, in recent years, great attention to the tourism sector, through the development of advanced infrastructure and facilities to meet foreign tourists requirements, as well as raise the level of services in the hotel sector and the transportation is convenient, as well as the establishment of events and festivals that have had a clear role in attracting tourists from around the world. The UAE is the most attractive country for tourists at the Arab level, thanks to the city of Dubai, which has gained international fame, through luxury tourism, and thus became the UAE relies heavily on tourism, as one of the most important non-oil sectors in the country. Currently, the UAE is one tenth of the fastest growing tourist destinations in the world according to the World Tourism Organization, where the number of tourist arrivals up to the state of about 15.5 million tourists.

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The growth of the tourism sector in the UAE

         During the seventies and eighties of the last century it was the oil sector constitutes most of the GDP of the United Arab Emirates components. Then it evolved GDP components at the end of the eighties to tend and on an ongoing basis for the benefit of non-oil sectors, in addition to manufacturing and trade sector financial, real estate and logistics sectors, the last sector grew significantly and is the tourism sector, where he replaced the UAE ranked ninth in over ten tourist destinations List growing in the world, an increase of 10.4%, according to the world Tourism Outlook report issued by the world Tourism Organization.

         The success of the UAE's experience in the development of the tourism sector in the past two decades has relied on the integration of sophisticated tourism infrastructure components, and attitudes to investment in this sector big boldly, especially that the UAE in particular, the Persian Gulf and the region in general, have not been included in the previous within countries tourism in the world. The course, the future holds among carries a lot for the development of the tourism sector in the state, The infrastructure for this sector still has potential for absorbing not exploited fully yet; as there are many islands and tourist areas that can accommodate millions of tourists from various countries of the world.

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          The new investments in infrastructure, particularly in the sectors related to tourism, a sector aviation, transport and culture. Because of this interest, it is expected to rise stea

dily contribution of the tourism sector in GDP in the coming years, it is also expected that this sector contributes to providing thousands of jobs for the citizens, especially as tourism is one of the sectors that depend on the intensity of labor, saving possibilities to develop new competencies active citizenship, which is still far from working in the tourism sector.

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Tourism and GDP in Dubai

         «Dubai Economy Report 2015», launched by the Dubai Economic Council revealed that the GDP of Dubai's growth rate reached 3.8% in 2014, surpassing the global GDP growth recorded 3.4% last year, rate, pointing out that Dubai's economy has achieved in the past year's performance It surpassed many global economies. The report

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confirmed the success of Dubai in the diversification of economic activities over the past years, which has increased the importance of the contribution of non-oil sectors in the formation of real GDP. He pointed out that the oil and gas sector accounted for about 55% of GDP in 1981, while its contribution gradually fell to less than 2% in 2014, reflecting the results of the economic diversification policy adopted by the government of Dubai over the past decades. He pointed out that Dubai has managed to occupy a leading position on the map of the tourist world, where the fifth ranked among the most attractive cities for tourists on a global level in the classification of MasterCard cities most visited in the world, and the total number of visitors to 11.95 million visitors during the past year, and got them about 11.6 million visitors in the city, and the total spending amounted to about 40.48 billion dirhams.