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Browsing: Early Oil Pilot Scheme
Just three decades ago, Dubai was a little more than a desert with patchworks of settlements and limited infrastructure. However, the country was timely in exploiting the opportunities offered by the oil boom in the United Arab Emirates (UAE). This strategy produced unprecedented wealth for the small Gulf nation.
As mentioned, oil is a limited resource and with this in mind, Dubai’s ruler Sheikh Maktoum bin Rashid Al Maktoum and his successor, Mohammed bin Rashid Al Maktoum, put into effect a plan that is turning the city into the world’s top tourist destination. …