How did Dubai and the United Arab Emirates get so wealthy?

Dubai, a city of contrasts, a city of old and new and a city most famous for its elaborate riches and luxury is known for being rich. ... read more

The Reasons Why Dubai Became so Rich Almost everyone knows about Dubai and its vast expanse of riches. The city is a part of the United Arab Emirates and has been synonymous with oil for the major part of the last century. read more

The United Arab Emirates' wealth did not come from oil alone. At the time of its establishment, yes they depended mainly on oil, but later on they diversified. Its a mix of factors including efficient management of all resources at their disposal, geographical location, and business acumen, that contributed to their current economic status. read more