Urbanization in Dubai : Process, Problems and Challenges
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However the Ugly Face of the So Called "Dubai Model" Which Was Based Upon Debt and Speculation, Was Hiding Somewhere in the Breakneck Boom
What is Dubai Crisis? y The Dubai Debt Crisis 2009 has been called by economists a consequence of real estate bubble burst when on November 26, 2009 vaDubai proposed to delay repayment of its debt which includes delay in the payment of $ 59 Billion debt on Dubai World, the investment vehicle for the emirates for 6 months. Dubai's Economy: y Dubai has one of the most unique and unusual economies in the world. Dubai has numerous free zones including Jebel Ali free zone, Dubai Maritime City, Dubai Internet City, and Dubai Media City. y Contrary to the general assumption that Dubai's economy is totally driven by oil and gas,It is a fact that oil sector only comprises less than 6% of the economy of Dubai. y In fact, Dubai's portion of natural gas revenues in the United Arab Emirates is only about 2%. Dubai's oil production is estimated to be about 240,000 barrels per day. y It is true that Dubai's economy was built on the back of Oil Money but Dubai's oil reserves have diminished significantly and are expected to be exhausted in 20 years. y The other largest contributing sectors of Dubai economy are Real estate and construction (22.6%), trade (16%), (15%) and financial services (11%) (all are 2007 figures). Diversifying to Real Estate: y In 2000, Dubai Financial Market (DFM) was established. It was established as a secondary market for trading securities and bonds, both local and foreign. During that time the Government decided to diversify Dubai's economy from a trade-based, but oil-reliant, economy to one that is service and tourism-oriented has made real estate more valuable. -
Dubai 2020: Dreamscapes, Mega Malls and Spaces of Post-Modernity
Dubai 2020: Dreamscapes, Mega Malls and Spaces of Post-Modernity Dubai’s hosting of the 2020 Expo further authenticates its status as an example of an emerging Arab city that displays modernity through sequences of fragmented urban- scapes, and introvert spaces. The 2020 Expo is expected to reinforce the image of Dubai as a city of hybrid architectures and new forms of urbanism, marked by technologically advanced infrastructural systems. This paper revisits Dubai’s spaces of the spectacle such as the Burj Khalifa and themed mega malls, to highlight the power of these spaces of repre- sentation in shaping Dubai’s image and identity. INTRODUCTION MOHAMED EL AMROUSI Initially, a port city with an Indo-Persian mercantile community, Dubai’s devel- Abu Dhabi University opment along the Creek or Khor Dubai shaped a unique form of city that is con- stantly reinventing itself. Its historic adobe courtyard houses, with traditional PAOLO CARATELLI wind towers-barjeel sprawling along the Dubai Creek have been fully restored Abu Dhabi University to become heritage houses and museums, while their essential architectural vocabulary has been dismembered and re-membered as a simulacra in high-end SADEKA SHAKOUR resorts such as Madinat Jumeirah, the Miraj Hotel and Bab Al-Shams. Dubai’s Abu Dhabi University interest to make headlines of the international media fostered major investment in an endless vocabulary of forms and fragments to create architectural specta- cles. Contemporary Dubai is experienced through symbolic imprints of multiple policies framed within an urban context to project an image of a city offers luxu- rious dreamscapes, assembled in discontinued urban centers. -
Quantifying the Economic Impact of Aviation in Dubai November 2014
The impact of Oman Air in Oman Final Report – July 2013 Quantifying the Economic Impact of Aviation in Dubai November 2014 A report for Emirates and Dubai Airports November 2014 Quantifying the economic impact of aviation in Dubai Contents Executive summary ...................................................................................... 3 1 Introduction ..................................................................................... 5 2 The core impact of aviation on the Dubai economy...................... 7 3 ‘Catalytic’ benefits of the aviation sector .................................... 13 4 Diversification analysis ................................................................. 23 5 The potential impact of aviation in 2020 and 2030 ...................... 26 Annex 1: Calculating the core economic impacts .................................... 33 Annex 2: The basis for the 2020 and 2030 projections ............................. 35 2 Quantifying the economic impact of aviation in Dubai Executive summary This report sets out the contribution of the Emirates Group, Dubai Airports and the aviation sector as a whole to the economy of Dubai in 2013. It assesses the value of the activity undertaken by businesses forming part of the aviation sector (the ‘direct’ impact), and that of the additional work carried out by other Dubai-based entities as a result of supply chain (‘indirect’) and employee spending (‘induced’) impacts, together with the associated employment effects. The study also analyses the benefits to the Dubai economy -
Island Studies Journal, Vol. 10, No. 2, 2015, Pp. 181-196 Futures, Fakes
Island Studies Journal, Vol. 10, No. 2, 2015, pp. 181-196 Futures, fakes and discourses of the gigantic and miniature in ‘The World’ islands, Dubai Pamila Gupta University of the Witwatersrand Johannesburg, South Africa [email protected] ABSTRACT: This article takes the “island” as a key trope in tourism studies, exploring how ideas of culture and nature, as well as those of paradise (lost) are central to its interpretation for tourists and tourist industries alike. Increasingly, however, island tourism is blurring the line between geographies of land and water, continent and archipelago, and private and public property. The case of ‘The World’ islands mega project off the coast of Dubai (UAE) is used to chart the changing face and future of island tourism, exploring how spectacle, branding and discourses of the gigantic, miniature, and fake, alongside technological mediations on a large- scale, reflect the postmodern neoliberal world of tourism and the liquid times in which we live. Artificial island complexes such as this one function as cosmopolitan ‘non-places’ at the same time that they reflect a resurgence in (British) nascent nationalism and colonial nostalgia, all the whilst operating in a sea of ‘junkspace’. The shifting cartography of ‘the island’ is thus mapped out to suggest new forms of place-making and tourism’s evolving relationship to these floating islandscapes. Keywords : archipelago; culture; Dubai; island tourism; nature; ‘World Islands’ © 2015 – Institute of Island Studies, University of Prince Edward Island, Canada Introduction A journey. A saga. A legend. The World is today’s great development epic. An engineering odyssey to create an island paradise of sea, sand and sky, a destination has arrived that allows investors to chart their own course and make the world their own. -
What Is the Importance of Islands to Environmental Conservation?
Environmental Conservation (2017) 44 (4): 311–322 C Foundation for Environmental Conservation 2017 doi:10.1017/S0376892917000479 What is the importance of islands to environmental THEMATIC SECTION Humans and Island conservation? Environments CHRISTOPH KUEFFER∗ 1 AND KEALOHANUIOPUNA KINNEY2 1Institute of Integrative Biology, ETH Zurich, Universitätsstrasse 16, CH-8092 Zurich, Switzerland and 2Institute of Pacifc Islands Forestry, US Forest Service, 60 Nowelo St. Hilo, HI, USA Date submitted: 15 May 2017; Date accepted: 8 August 2017 SUMMARY islands of the world’s oceans, we cover both islands close to continents and others isolated far out in the oceans, and the This article discusses four features of islands that make full range from small to very large islands. Small and isolated them places of special importance to environmental islands represent unique cultural and biological values and the conservation. First, investment in island conservation environmental challenges of insularity in its most pronounced is both urgent and cost-effective. Islands are form. However, as we will demonstrate, all islands and island threatened hotspots of diversity that concentrate people share enough come concerns to consider them together unique cultural, biological and geophysical values, (Baldacchino 2007; Royle 2008; Gillespie & Clague 2009; and they form the basis of the livelihoods of Baldacchino & Niles 2011; Royle 2014). millions of islanders. Second, islands are paradigmatic Islands are hotspots of cultural, biological and geophysical places of human–environment relationships. Island diversity, and as such they form the basis of the livelihoods livelihoods have a long tradition of existing within of millions of islanders (Menard 1986; Nunn 1994; Royle spatial, ecological and ultimately social boundaries 2008; Gillespie & Clague 2009; Royle 2014; Kueffer et al. -
World's First “The Els Club” Launched at Dubai Sports City
For Immediate Release: 28 January 2008 World’s First “The Els Club” Launched at Dubai Sports City Former British and US Open Golf Champion Will Own Property Onsite for Both Business & Pleasure Dubai, United Arab Emirates Golf legend Ernie Els – the world’s current number five ranked golfer and former British and US Open champion – today officially inaugurated the world’s first The Els Club at Dubai Sports City alongside a host of VIP attendees and leading figures from the world of sport. While Els has designed courses in North America, Asia, and Africa, only a select number of developments worldwide will bear The Els Club name, the hallmark of facilities which will benefit substantially from direct and ongoing personal input from Els and his team. And, significantly, only The Els Club at Dubai Sports City will serve as the global base for the golf legend’s international design business operation. Els has made a further personal commitment to the project as he will have a home and base for his international business at Dubai Sports City. Ernie Els said: “Today’s launch of The Els Club here in Dubai – the first of its kind anywhere in the world – is truly a special moment for all of us who have been involved on this magnificent project since its inception. The Els Club at Dubai Sports City will be a truly timeless, world-class golf experience for players at all levels.” With a range of thoughtfully-placed tee boxes, fairway pot bunkers and green complexes, coupled with carefully-developed undulation, The Els Club’s 18-hole, championship golf course offers a unique addition to the Middle East’s growing range of world-class golf facilities. -
Island Locations and Classifications Christian Depraetere Arthur L
Chapter 2 Island Locations and Classifications Christian Depraetere Arthur L. Dahl Definitions Defining an island, or the state of'islandness', is never straightforward, though this is fundamentally a question of isolation, whether of land isolated by water, or of one enriry being separated from others. This chapter adopts a positivist approach to explore the geographic realities behind our concept ofislands. There is in fact a continuum ofgeographic entities that can fit the definition of "a piece of land surrounded by water": from the continent of Eurasia to the rock on a beach lapped by the waves that becomes a child's imaginary island. Drawing the line between something that is too large to be an island, or too small ro be an island, ultimately remains an arbitrary decision. If one concurs with Holm (2000) that "an island is whatever we call an island", we can select from the traditional uses, the convenient distinctions and arbitrary choices of the past, a terminology for islands that corresponds to scientific observations gleaned from geological, biological and human perspectives. Fortunately, the new tools of remote sensing satellite imagery (such as WORLDWIND for global LAt'\JDSAT imagery by NASA: http: //worldwind.arc.nasa.gov/) provide data sets that make possible for the first time some globally consistent and homogenous measurements of that 'world archipelago' made up ofall those pieces ofland surrounded by water. At the same time, our understanding of geotecwnic movements, sea level changes and island-building processes allows us to see the oceanic 57 A World ofIslands: An Island Studies Reader Island Locations and Classifications islands of today not as erernal entities but as one static image captured The World Archipelago from ongoing processes of islands growing and shrinking, joining and The wor/d during antiquiry as illustrated in the work of Herodotus, being separated, appearing and disappearing through time. -
Building the Palm Island in Dubai
Case Study: Building the Palm Island in Dubai Building the Palm Island in Dubai SURE-GRIP® CASE STUDY “Palm Jumeirah Core” by Alexander Heilner For more information about Agru America and our products, visit agruamerica.com 1 agruamerica.com Case Study: Building the Palm Island in Dubai Project Overview In 2006, Sure-Grip® concrete protective liners were used in the construction of the Palm Islands in Project name: Palm Island Dubai. Project date: 2006-2007 Products: Sure-Grip® Situation Built to help sustain the economy after the depletion of the country’s oil reserves, the Palm Islands in Dubai present an incredible engineering feat. As the largest manmade island in the world, the reclaimed land was designed to resemble a palm tree topped with a crescent. Naturally, the construction of this megastructure required extensive infrastructure. Agru was heavily involved as early as the technical planning and design stages of this massive project. Together with BMC Gulf, the stringent specification requirements were mapped out and realized, and only the highest quality products were selected for construction materials. Solution In particular, Agru HDPE Sure-Grip® liner was selected to protect the bridges’ concrete pilings from seawater corrosion, and Agru’s PE flex geomembranes were used for a waterproof maintenance tunnel and bridge undercrossing. These products were chosen for the Palm Island because of their high quality and durability. Fulfilling the highest requirements for concrete protection, the Sure-Grip® liner with patented anchor stud design has been effectively installed worldwide for more than 20 years. Since 2006, it has been available with a unique seamless width of 5 meters. -
Bachelor Thesis
Bachelor thesis GPM Is Dubai the city a new city should be? The Dubai International Financial Centre as an example for Free Zones within Dubai Student: Tim Will Radboud Universiteit Nijmegen Front-page figure top left: Figure (1) The logo of the Radboud University Front-page figure top right: Figure (2 )The Logo of the Dubai International Financial Centre Front-page figure middle: Figure (3) Own picture of the Gate Avenue at DIFC 2 B Bachelor thesis Radboud University Nijmegen Faculty of Management Sciences Department of Geography, Planning & Environment By Tim Will (s4658469) Supervisor P. Ache Word count: 23.901 August 11, 17 Final Version Is Dubai the city a neW city should be? The Dubai international Financial Centre as an examplefor Free Zones Within Dubai 3 4 Foreword I Foreword Augst, 2017 Dear reader, You are reading my final version for the bachelor thesis for the Radboud Universiteit Nijmegen. A thank you for taking the time reading this document of Which I’ve been Working for since February 2017. This thesis is part of finishing my bachelor Geography, Planning and Environment at the University. This thesis is part of a personal interest in Dubai Which comes from an internship done in the 2nd half of 2016. Thanks to this thesis I Was able to make a visit to Dubai to experience the city and do intervieWs to get data for this thesis. This visit really helped to understand the city and understand the concept of a Free Zone since on paper it Would could look like a fenced separated part of an industrial site or port, which in this case was not present and made it really special. -
Emaar-Sukuk-Certificate 1..264
BASE PROSPECTUS EMAAR SUKUK LIMITED (incorporated as an exempted company in the Cayman Islands with limited liability) U.S.$2,000,000,000 Trust Certificate Issuance Programme Under the trust certificate issuance programme described in this Base Prospectus (the Programme), Emaar Sukuk Limited (in its capacity as issuer, the Issuer and, in its capacity as trustee, the Trustee), subject to compliance with all relevant laws, regulations and directives, may from time to time issue trust certificates (the Trust Certificates) in any currency agreed between the Issuer and the relevant Dealer (as defined below). Trust Certificates may only be issued in registered form. The maximum aggregate face amount of all Trust Certificates from time to time outstanding under the Programme will not exceed U.S.$2,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Trust Certificates may be issued on a continuing basis to one or more of the Dealers (each a Dealer and together the Dealers) specified under “General Description of the Programme” and any additional Dealer appointed under the Programme from time to time by the Issuer, which appointment may be for a specific issue or on an ongoing basis. References in this Base Prospectus to the relevant Dealer shall, in the case of an issue of Trust Certificates being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Trust Certificates. The Trust Certificates will be limited recourse obligations of the Issuer. An investment in Trust Certificates issued under the Programme involves certain risks. -
Dubai Strategy: Past, Present, Future
DUBAI STRATEGY: PAST, PRESENT, FUTURE Michael Matly and Laura Dillon Harvard Business School, February 27, 2007 Sponsored by the DUBAI INITIATIVE, Belfer Center for Science and International Affairs, John F. Kennedy School of Government, Harvard University I. Introduction of Sheikh Mohammed as ruler of Dubai. Sheikh Rashid understood that compared Dubai is a monarchy, with all power to its neighbors, Dubai had a limited leading towards a single person. Dubai supply of oil and gas reserves (1/20th the has non-transparent government reserves of Abu Dhabi) that would run financials. Dubai is situated in a region out by 2010 and was determined to build that is strife with conflict, up Dubai’s economy so that could it fundamentalists, and hostile countries survive the end of the oil boom. His including Iraq, Iran, and Pakistan. famous quote was "my grandfather rode Dubai is located in the desert where a camel, my father rode a camel, I drive temperatures can reach 130F in one of a Mercedes, my son drives a Land the most humid locations on the planet. Rover, his son will drive a Land Rover, but his son will ride a camel." This quote Yet, despite all this, Dubai, a tiny city- signified Sheikh Rashid’s understanding state, located in the Persian Gulf has of the risks involved with the end of undergone an impressive transformation petrol money. Many have argued that over the last four decades, managing to Dubai’s success has been one of luck shift their economy from that of fishing rather than a thought-out development and trading to tourism, mass strategy. -
Globalisation and Urban Development: a Case Study of Dubai’S Jumeirah Palm Island Mega Project
University of Southampton Research Repository ePrints Soton Copyright © and Moral Rights for this thesis are retained by the author and/or other copyright owners. A copy can be downloaded for personal non-commercial research or study, without prior permission or charge. This thesis cannot be reproduced or quoted extensively from without first obtaining permission in writing from the copyright holder/s. The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the copyright holders. When referring to this work, full bibliographic details including the author, title, awarding institution and date of the thesis must be given e.g. AUTHOR (year of submission) "Full thesis title", University of Southampton, name of the University School or Department, PhD Thesis, pagination http://eprints.soton.ac.uk UNIVERSITY OF SOUTHAMPTON FACULTY OF ENGINEERING SCIENCE & MATHEMATICS SCHOOL OF GEOGRAPHY Globalisation and Urban Development: A Case Study of Dubai’s Jumeirah Palm Island Mega Project By Ibrahim Abdul Rahman Al Darmaki Supervisor: Professor Steven Pinch Thesis for the degree of Doctor of Philosophy September, 2008 UNIVERSITY OF SOUTHAMPTON FACUALTY OF ENGINEERING SCIENCE & MATHAMATICS SCHOOL OF GEOGRAPHY Doctor of Philosophy GLOBALISATION AND URBAN DEVELOPMENT: A CASE STUDY OF DUBAI’S JUMEIRAH PALM ISLAND MEGA PROJECT BY IBRAHIM ALDARMAKI ABSTRACT Mega projects have become an important new development strategy in globalizing cities, and a new or emerging form of development in economic, technological, social and political life, influenced by global flows of capital. Despite being acknowledged as an important factor in globalizing economies, the role of mega projects has failed to receive appropriate research attention in terms of analysis of the various advantages and disadvantages that they carry.