Why Is Dubai So Rich?

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Dubai is so rich, it has it’s own fleet of man made islands, and the police force drives Ferraris. So how did Dubai, and the United Arab Emirates get so wealthy?

Learn More:

15 Mind-Blowing Facts About Dubai

http://www.businessinsider.com/mind-blowing-facts-about-dubai-2014-7#

“Dubai has been one of the most exciting and volatile economic stories of the 21st century.”

The UAE and Global Oil Supply

http://www.uae-embassy.org/uae/energy/uae-and-global-oil-supply

“With nearly 10 percent of the total world supply of proven crude oil reserves, the UAE is an important provider to global energy markets. As a mainstay to the economy, oil exports now account for about 30 percent of total UAE gross domestic product.”

United Arab Emirates profile – Overview

http://www.bbc.com/news/world-middle-east-14703998

“The United Arab Emirates (UAE) is a federation of seven states formed in 1971 by the then Trucial States after independence from Britain. Since then, it has grown from a quiet backwater to one of the Middle East’s most important economic centres.”

Watch More:

Abused Migrant Workers In United Arab Emirates: High Cost Of High Culture

https://www.youtube.com/watch?v=q3rxdjq4Y9M

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