How Dubai Became One of the Richest Cities in the World

<p>If you&rsquo;ve ever wondered why Dubai is so rich, you&rsquo;re not alone. Dubai is one of the most prosperous and luxurious cities in the world, with a reputation for wealth, glamour, and extravagance. But how did this city become so rich in the first place? And what are the sources of its wealth today? I&rsquo;ll try to answer these questions and give you some insights into Dubai&rsquo;s amazing economic success story.</p> <p><img alt="" src="https://miro.medium.com/v2/resize:fit:700/0*UAhwrTxAhHnrEz2-" style="height:394px; width:700px" /></p> <p>Photo by&nbsp;<a href="https://unsplash.com/@chrumo?utm_source=medium&amp;utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Piotr Chrobot</a>&nbsp;on&nbsp;<a href="https://unsplash.com/?utm_source=medium&amp;utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Unsplash</a></p> <p>Dubai is the largest and most populous city in the United Arab Emirates (UAE), a federation of seven emirates located on the Arabian Peninsula. The UAE is one of the richest countries in the world, with a GDP per capita of $57,744 in 2020, according to the World Bank. Dubai alone accounts for about 30% of the country&rsquo;s GDP, making it a major contributor to the national economy.</p> <p><a href="https://medium.com/the-crown-writer/how-dubai-became-one-of-the-richest-cities-in-the-world-79b9a36eeb48"><strong>Read More</strong></a></p>
Tags: Richest Cities