How did Dubai develop?

Before 1970s, Dubai was just a small fishing village, whose main livelihood was fishing and pearls. After the discovery of oil in the 1970s (although the total amount of oil only accounts for 5% of the whole UAE), it became a world-famous star city in just 30 or 40 years. At the same time, Dubai has gradually become one of the most important ports and trade transit points in the Middle East with its geographical advantages and the strong support of Dubai royal family.

During the period of urban development, UAE leaders made efforts to make Dubai a star in the world, and constantly built various "world's best" buildings, such as Burj Dubai, seven-star sailing hotel, Palm Island and mall of the emirates. And through the advantages of these landscapes and local climate, Dubai has gradually become a tourist attraction, with countless tourists every year.

In particular, its generous tax exemption policy has always been one of the main reasons for Dubai's rapid development, because it has attracted the attention of businessmen from all over the world, taking investing in Dubai as a springboard for trade and looking for business opportunities in the entire Middle East market.