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* Oil and gas: Dubai is located in the Persian Gulf, which is one of the richest oil and gas reserves in the world. The city-state has been a major exporter of oil and gas for decades, and these resources have provided the foundation for its economic growth.
* Tourism: Dubai is a popular tourist destination, thanks to its luxurious hotels, world-class shopping, and stunning architecture. The city also hosts a number of major events, such as the Dubai World Cup and the Dubai Shopping Festival.
* Financial services: Dubai is a major financial center, and home to the Dubai International Financial Centre (DIFC). The DIFC is a free zone that offers businesses a number of advantages, including tax breaks and relaxed regulations.
* Real estate: Dubai is also a major real estate market. The city has seen a boom in construction in recent years, and there are now a number of iconic skyscrapers, such as the Burj Khalifa, the tallest building in the world.
Capabilities
* Infrastructure: Dubai has invested heavily in its infrastructure, and the city now boasts some of the best infrastructure in the world. This includes a state-of-the-art airport, a modern metro system, and a world-class port.
* Education: Dubai has also invested in education, and the city is now home to a number of world-class universities and colleges. These institutions offer a variety of programs, including business, engineering, and medicine.
* Healthcare: Dubai has a well-developed healthcare system, and the city is home to a number of modern hospitals and clinics. These facilities offer a wide range of services, including emergency care, surgery, and chronic disease management.
* Innovation: Dubai is a hub for innovation, and the city is home to a number of research and development centers. These centers are working on a variety of cutting-edge technologies, such as artificial intelligence, renewable energy, and autonomous vehicles.
Competencies
* Business acumen: Dubai is known for its business acumen, and the city has a long history of successful entrepreneurship. This is due in part to the city's low taxes, relaxed regulations, and pro-business environment.
* Multiculturalism: Dubai is a multicultural city, and it is home to people from over 200 different countries. This diversity has helped to create a tolerant and open-minded society, which is conducive to business and innovation.
* Sustainability: Dubai is committed to sustainability, and the city has implemented a number of green initiatives. These initiatives include the use of solar energy, the conservation of water, and the recycling of waste.
These resources, capabilities, and competencies have helped Dubai to become a global business hub and a major tourist destination. The city is also a center for innovation and sustainability, and it is a model for other cities in the region.