We’ve all seen those side-by-side photo comparisons, laying photos of Dubai in the 1990s next to those from today. From the dusty dessert town on the gulf emerged a souring steal metropolis, whose modern skyscrapers are quite literally second to none other city on the planet. And just as the buildings grew into the clouds above the dessert, so did the land-filled islands off the city’s coast, most notably the infamous Palm Island resort, a global landmark visible from space. Before the semester began, I had a slanted perception of the UAE’s economic development story, assuming that the construction boom was a direct response to the oil boom. I’ve learned during the past six weeks taking Global Immersion: Economic Growth in the UAE that the story is a bit more complex. That the UAE’s darling development tale can also be attributed to astute decisions on behalf of the country’s leadership; most notably, to diversify beyond oil revenue.
During the six weeks leading up to the trip we were introduced to the complexity, and at times simply incongruous business landscape and history of the United Arab Emirates. We heard from experts on the GCC oil countries, the burgeoning Islamic financial hub in Dubai, and migrant labor in the UAE. But perhaps most interestingly, it became clear that the narrative we’d hear in meetings would not necessarily be the one we’d witness, or have read about in the news. The UAE’s success can be attributed to its oil and its untold stories; its foreign workers who build its skyscrapers and amusement parks.
If I learned one thing in the six weeks leading up to the trip it’s that in this hub of business — where just 1 million of the country’s 9 million population are citizens — there will be the stories we’re told by businessmen and government representatives and the ones that we may not see. I’m excited to gain a deeper understanding of the country and its business landscape over the next week, as we visit Abu Dhabi and Dubai. We will visit local companies such as Emirates airlines, the Abu Dhabi Investment Authority, and Nahkeel, as well as meet with the Ministry of the Environment, tour the monumental Sheikh Zayed Grand Mosque and Emirates Palace, and visit some of Dubai’s world famous shopping malls. Stay tuned for what’s in store!
Zoe Fox ’17
Global Immersion: Economic Growth in the UAE