Banking Systems in Dubai – Facts and Benefits
Dubai is one of the most widely known cities from all across the globe. This particular city is also known for being the most populated and the largest city across the entire United Arab Emirates.
An essay on the Dubai Palm Islands | largest man-made island in the world
Palm Island is certainly the most ambitious architectural project in Dubai, packed with top-notch resorts, breathtaking oceanfront villas, high-rated hotels, ports, shopping arcades, and water parks. Often called as the ‘eighth wonder of the world’, Palm Islands are the world’s largest manmade islands and are named after their remarkable design that resembles a palm tree. With its exuberant aquatic life, the Palm provides superb activities for visitors to indulge in such as snorkeling and scuba diving.
Why Dubai is known as the City of Gold?
Dubai is the one of the seven emirates in the United Arab Emirates. The city is known for its luxurious shopping malls, contemporary architecture, and active nightlife. Dubai is crowned as the “City of Gold” because of the city’s dynamic growth from a quiet Gulf port to a global business hub in just a few decades. However, the sobriquet indicates the city’s traders’ and buyers’ penchant for the yellow metal. Dubai has built itself as a major gold trading center by sourcing its raw materials from Africa and selling the finished products to buyers in the expanding economies of India and China. Dubai owns 29% of gold trade market in the world, with almost 1,200 tons of the metals traded in the city’s gold souks.