5 Simple Statements About Dubai Explained

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The UAE’s dependence on oil is a significant extended-phrase obstacle, although the UAE is one of the most diversified nations in the Gulf Cooperation Council. Low oil costs have prompted the UAE to chop expenses, like on some social programs, however the UAE has adequate belongings in its sovereign financial investment funds to go over its deficits. The federal government lowered fuel subsidies in August 2015, and released excise taxes (fifty% on sweetened carbonated beverages and 100% on Strength beverages and tobacco) in Oct 2017.

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Dubai lies specifically inside the Arabian Desert. Nevertheless, the topography of Dubai is more info considerably distinct from that on the southern percentage of the UAE in that A lot of Dubai's landscape is highlighted by sandy desert designs, even though gravel deserts dominate Significantly of your southern region from the state.

Applicants' passports needs to have no less than 6 months' validity as in their day of travel to Dubai, and need to be equipment readable passports – handwritten passports will not be approved.

The UAE has diversified and is becoming a regional trading and tourism hub. UAE corporations have invested seriously overseas.

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