Growth in 21st century Dubai

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Dubai lies on the Persian Gulf and is one of a number of states that make up the United Arab Emirates. Its geographical position has always made it an important port of call for foreign traders, chiefly those from India, and until the 1930s it was well known for its pearl exports.

Its economy boomed with the discovery of oil in the 1960s. This led to an influx of foreign workers – it has been estimated that the population of Dubai city grew by more than 300% between 1968 and 1975. To widen the base of its economy, Dubai has invested in new developments, particularly those associated with new technologies, and it has encouraged the flow of foreign capital into the country. It has built the largest man made harbour in the world,


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