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Friday, February 03, 2006

Culture: Why Dubai?





Why not Dubai? I was watching the Discovery Channel the other day and I am convinced that Dubai is one of the greatest cities in the world. Here's why:

Direct taxation is against the traditions of the UAE. With the exception of oil producing companies and branches of foreign banks, there are no corporate taxes in Dubai. Likewise, there are no personal or property taxes either.

Employees in Dubai who have completed at least one year of service are entitled to 30 days paid leave each year. This is in addition to 10 public holidays, maternity leave for women, and sick leave

T.G.I.W - The weekend in Dubai is traditionally Thursday and Friday.

Dubai is more tolerant of Western ways than other Muslim countries. Foreigners are free to practice their own religion, women are allowed to drive and move around unescorted, and alcohol can be purchased in hotels.

The best shopping in the world - and duty free. Check out the Dubai Shopping Festival at http://www.mydsf.com/dsf/index.asp

The weather beats Minnesota winters. The climate in Dubai ranges from 50 to 105 degrees Fahrenheit.

The cost of living is comparable to that of other US cities. To rent a two-bedroom flat would roughly be $1100 US dollars a month.

Dubai boasts some of the best architecture in the world.

Exporting has made Dubai one of the wealthiest cities in the world. They offered Tiger Woods 3 million just to show up at the Dubai Desert Open this week.

Dubai knows how to have fun. The city recently opened the largest indoor ski park in the world (including the world's first indoor black run). It's roughly the size of three football fields and the longest slope is 1200 feet long. http://www.skidubai.ae/

1 comment:

Anonymous said...

The land lords and the owners of properties are allowed only to increase the rent by 15% annually. This was a move by Sheikh Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince, UAE Defense Minister and Chairman of the Dubai Executive Council as the expansion of the real estate sector has always attributed to the increase in the rent of both commercial as well as residential properties which in turn had made living in Dubai quite expensive.