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the future of dubai's waterfront
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duabi or dubai city is located on the northern tip of the united arab emeritus on the persian gulf. it has been ruled by the al maktoum dynasty since 1833 and has existed in its modern state since 1971. the current ruler is mohammed bin rashid al maktoum, who is also the prime minister and vice president of the united arab emirates. the rather small city has a population of 1.6 million people and a 37 billion USD economy based largely on trade, manufacturing and financial services. contrary to popular belief petrol and natural gas only make up a small percentage of revenues.