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미국주식/Scribbling ideas

Exploring the Dynamic Shift in the UAE's Economy


  Hey, have you ever heard of Dubai or Abu Dhabi? I bet you have! But, I'm guessing you might not know much about the UAE(United Arab Emirates), right? You've probably heard of Emirates Airline, though. 

 

  So, here's the thing. The UAE is facing a big challenge. They need to figure out new ways to keep their economy strong. For a long time, they had tons of oil underground and sold it to countries that needed it. That's why some people call them 'Oil Money'. But here's the catch. Their oil supply is dwindling. By 2050, they might not have any left! 

 

  That's why the UAE is all about promoting itself as a must-visit destination. Think of stuff like the world's tallest building, a hotspot for business, super low taxes, and more. And when Saudi Arabia planned to build an even taller building, Dubai was like, "No way!" They immediately sent engineers to start working on an even taller syscraper. They know being number one has huge value and they're not giving up that spot easily.