Dubai should be called Dubai Inc. It is a corporation onto itself with all the trademarks of a major corporation. Below I discuss the various depts. of Dubai Inc. and their past performance. Please correct me on any particular detail I did not describe accurately. Any omissions are also welcome.
Profile: Dubai Inc. , part of UAE Group, has been the forefront in many a sectors over the last half a century. Started out as a port, major revenues for most of its history was generated by port operations. That is until, Oil was discovered by the company and quickly become one of the major revenues of the company. Over the last two decades, Dubai Inc is diversifying its revenues from oil to include tourism, property markets, telecom, transportation and business services.
Revenues for Dubai Inc are mainly oil sales for a considerable period of time, however now constitute a minority as revenues from other sectors have taken over. Costs are marginal thanks to low costs of outsourcing human labor.
More about the various companies/depts under Dubai Inc. Coming soon. Accounting Department;Information Technology/Telecom;Finance;Marketing;Human Resources.
No comments:
Post a Comment