Trade and Aid: Progression of Trade of a country alongside it’s Economical

Development
By: Pihuu X IGSCE

Introduction:
The growth of trade has followed the economic success of a nation. Didn't get
what I was getting at? Alright! I'll explain it to you. Imagine that you are a
tradesperson from the 17th century who has been summoned by a friend to
visit them in the 20th century. What do you see? Yes, there are numerous
construction projects, technological advances, and advancements such as
roads, the replacement of horses with cars, and the latter's usage as a toy for
children's pleasure. Some of these are used in nations including the United
Kingdom, Dubai, India, Russia, and Brazil. Let's now examine how the economy
and trade have been and are today for each of them.

DUBAI:
As we all know Dubai’s journey from a desert town to a metropolitan city and a
global trading port is quite a roller coast consisting of challenges that include
strategic investments, economic developments mainly diversification. The
journey truly is an inspiration to other such emerging economies that seek
training to become of the global players in the game of world trade.

Dubai’s economy has witnessed remarkable transformations and changes over

the past few decades. Dubai is very well known for a trading spot for its pearls,
The country has evolved into a global centre for businesses and finance. Some
of the key factors behind Dubai’s trade progression include finance, real estate,
tourism and logistics along with the Dubai International Airport and Jebel Ali
Airport playing pivotal roles. Zones such as the DIFC (Dubai International
Financial Centre) and the DSO (Dubai Silicon Oasis) have contributed towards
attracting foreign investments and fostered innovation. Infrastructure
investments, including world-class skyscrapers and transportation networks,
have enhanced Dubai's appeal as a global trade hub.