noah_stokes_photographer
Fri Jun 07 2024
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7 answers
1558
Why is Dubai so rich?｜. Oil and gas exports generated huge revenues for the city and enabled it to invest in infrastructure, public services, and social programs. The discovery of oil in 1966 changed everything and transformed Dubai into a wealthy city almost overnight
Why is Dubai, a city renowned for its luxurious lifestyle and stunning architecture, considered so affluent? What factors contribute to its wealth? It is intriguing to note that Dubai's prosperity can be traced back to a significant event in its history. Could you elaborate on how the discovery of oil in 1966 revolutionized Dubai's economy? Did the oil and gas exports generate immense revenues that enabled the city to invest in critical areas such as infrastructure, public services, and social welfare programs? How did these investments contribute to Dubai's rapid transformation into a wealthy city?
