Business and economy in Dubai
Business in Dubai Although built on the back of oil revenues, 94% of Dubai’s revenue is now earned from other sources. Trade, import-export and financial services now form the cornerstone of Dubai’s economy, with IT also becoming an increasingly important contributor. The economy of Dubai Dubai had been enjoying a decade long period of boom [...]
Free zones and trade
Due to its location, Dubai was traditionally a convenient place for business to bridge the gap between East and West and it continued to be an important trade route in the 1970s and 1980s. Dubai has a free trade in gold and until the 1990s was used as a base for smuggling gold ingots into [...]
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