What is the role of oil in Dubai's economy?
Interestingly, despite popular belief, oil only accounts for a small portion of Dubai’s economy – around 1%. The main industries are trade, real estate, tourism, and financial services. In the 1960s, the discovery of oilfields spurred the development of infrastructure, but Dubai’s rulers wisely invested in diversifying the economy. Today, the city is a major transportation hub, with one of the busiest airports in the world and the largest port in the region. I was impressed by how rapidly Dubai transformed from a small trading port into a global city.
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The ruling family of Dubai, the Al Maktoum, plays a key role in the history and development of the emirate. Since 1833, when Sheikh Maktoum bin Butti moved with the Bani Yas tribe to the Dubai Creek area, the family has ruled the city. Under the leadership of Sheikh Rashid bin Saeed Al Maktoum, Dubai began its transformation into a modern metropolis. The current ruler, Sheikh Mohammed bin Rashid Al Maktoum, continues the dynasty's traditions, promoting innovation, tolerance, and development. I visited the Union Museum, which details the creation of the UAE and the contribution of the ruling family to the country's establishment. Their vision and leadership have been the driving force behind Dubai's success.
Go to question pageYacht waste management includes the following measures: Collection and storage: Separation of waste into categories (plastic, glass, organic) and their storage in airtight containers. Sanitary systems: The use of marine toilets with wastewater collection and storage systems for subsequent disposal in marinas. Recycling: Organization of waste recycling on shore, use of recyclable materials. Waste minimization: Reduction of the use of disposable items, preference for reusable and environmentally friendly materials.
Go to question pageThere are various ways to get around Dubai: - Metro: A fast and convenient means of transportation with two lines (Red and Green) connecting the main areas of the city. - Taxis: Available everywhere, relatively inexpensive and convenient for short trips. - Car rental: Suitable for those who plan to move around the city and beyond a lot. - Buses: An extensive network of routes connecting all areas of Dubai. - Water taxis and abras: Traditional boats and modern water taxis plying the Dubai Bay.
Go to question pageYachts use various navigation systems to ensure safe and accurate sailing: GPS (Global Positioning System): The main system for location and navigation. Modern GPS receivers provide data on the coordinates, speed and course of the yacht. Chartplotters: Electronic devices that display maps and integrate GPS data, providing a visual representation of the route and surrounding objects. Autopilots: Automatic control systems that help maintain the yacht's course without the constant intervention of the captain. AIS (Automatic Identification System): An automatic identification system that allows you to see other vessels in the field of view and exchange data on location, speed and course. Radar systems: Used to detect objects and navigate in low visibility conditions such as fog or night. Echo sounders: Devices for measuring the depth of water under the keel of a yacht, which helps to avoid shoals and underwater obstacles. Paper nautical charts and compasses: Traditional navigation tools that remain important in the case of failure of electronic systems.
Go to question pageSea cruises offer a new perspective on Dubai. I went on an evening cruise through Dubai Marina on a traditional dhow boat. The city lights reflected in the water, creating a magical atmosphere. Dinner on board with local cuisine and live music made the evening unforgettable. For those seeking luxury, yacht rentals are available, allowing you to explore the coast, see the Palm Jumeirah, and Burj Al Arab from the sea. Cruises to Bluewaters Island, home to Ain Dubai, the world's largest observation wheel, are also popular. Deep-sea fishing and water sports complete the list of water-based entertainment.
Go to question pageThere are several official taxi companies operating in Dubai: - Dubai Taxi Corporation: The main state-owned taxi company with various types of taxis (standard, women's, for people with disabilities, etc.). - Careem and Uber: International taxi services through mobile applications.
Go to question pageWhen yachting in Dubai, the following rules must be observed: - Yacht registration: All yachts must be registered. - Availability of insurance: All yachts must have insurance against damage to other vessels. - Licenses: Valid licenses are required for the captain and crew, if the yacht is under an international flag, then an international captain's certificate is sufficient, if the registration is local (UAE), a local captain's certificate is required. - Safety rules: Compliance with safety rules on the water, including the use of life jackets. - Speed limits: Compliance with speed limits in certain areas, for example in the Marina it is limited to 6 knots. - Alcohol: Alcohol consumption is allowed only on board the yacht and not in public view.
Go to question pageThe banking system of Dubai is one of the most developed in the region. It includes both local banks, such as Emirates NBD, and international financial institutions. Opening a bank account can be done quickly, especially if you have a residency permit. I have noticed the high level of service and modern online services that make financial management convenient. Banks offer a wide range of services, from traditional deposits to investment products and Islamic banking. ATMs and payment terminals are available everywhere, making financial transactions easier for tourists and residents.
Go to question pageYacht clubs in Dubai provide the following facilities: - Berths: Modern berths for yachts of various sizes. - Maintenance: Yacht repair and maintenance services. - Restaurants and bars: A variety of places to relax and eat. - Club events: Regattas, competitions and social events for club members. - Sports and entertainment activities: Swimming pools, fitness centers and playgrounds.
Go to question pageYou can extend your charter if we have free places after your charter.
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