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Dubai, United Arab Emirates
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Dubai, United Arab Emirates

Dubai has a hot arid climate. Summers in Dubai are extremely hot, windy and dry, with an average high around 40 °C (104 °F) and overnight lows around 30 °C (86 °F). Most days are sunny throughout the year. Winters are cool and short with an average high of 23 °C (73 °F) and overnight lows of 14 °C (57 °F). Precipitation, however, has been increasing in the last few decades with accumulated rain reaching 150 mm (5.91 in) per year.
Economy
Dubai's gross domestic product as of 2008 was US$ 82.11 billion. Although Dubai's economy was built on the back of the oil industry, revenues from oil and natural gas currently account for less than 6% of the emirate's revenues. It is estimated that Dubai produces 50,000 to 70,000 barrels (11,000 m3) of oil a day and substantial quantities of gas from offshore fields. The emirate's share in UAE's gas revenues is about 2%. Dubai's oil reserves have diminished significantly and are expected to be exhausted in 20 years. Real estate and construction (22.6%), trade (16%), entrepôt (15%) and financial services (11%) are the largest contributors to Dubai's economy. Dubai's top exporting destinations include India (US$ 5.8 billion), Switzerland (US$ 2.37 billion) and Saudi Arabia (US$ 0.57 billion). Dubai's top re-exporting destinations include India (US$ 6.53 billion), Iran (US$ 5.8 billion) and Iraq (US$ 2.8 billion). The emirate's top import sources are India (US$ 12.55 billion), China (US$ 11.52 billion) and the United States (US$ 7.57 billion). As of 2009 India was Dubai's largest trade partner.

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Album name:World & Travel
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Keywords:#dubai #united #arab #emirates
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Date added:Nov 03, 2011
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