ttract tourists as well as investors from round the globe. The travelling due to business purposes has also increased due to globalization (i.e. international growth in terms of demand, supply, production and customers). The rapid growth of international direct investment policies and world trade also has contributed to increase in travelling. UAE has many free trading ports and hence travelling due to business and trade has seen exponential rise. Serving as a trade center for the world, UAE enjoys its economy’s growth by providing such aids to the core industries. For example: air travel revenue generated from connectivity between the different trade zones ant the source and the market. UAE thus enjoyed the booming progress made on the huge revenue generated by the oil and associated industries and injected its revenues in the Tourism and Real Estate sectors, seeing it as a major source of income in the future and the outcomes were as per plans until the financial crisis hit UAE.
在过去的十年里，阿联酋一直是游客们游览的好地方。阿联酋一直在努力成为国际金融和贸易中心。高水平的体育赛事、度假村和豪华酒店塑造了其现代超前的形象。主要景点有棕榈群岛、世界群岛、阿拉伯塔酒店（第一家建成的七星级酒店）、迪拜塔等。迪拜现在是购物、贸易、旅游和旅游业最热门的目的地之一。阿联酋政府意识到旅游业的未来范围，并对其进行了投资，以便像迪拜一样在阿联酋产生外国现金。航空业的状况也很有希望。在过去的十年里，航空旅行的使用以每年7%的速度增长。商务和休闲旅行在世界各地都有了急剧增长。中东航空业以其热情好客和休闲航空旅行而闻名，因此能够吸引来自世界各地的游客和投资者。由于全球化（即需求、供应、生产和客户方面的国际增长），出于商业目的的旅行也有所增加。国际直接投资政策和世界贸易的快速增长也促进了旅行的增加。阿联酋有许多自由贸易港，因此商务和贸易旅行呈指数级增长。本篇留学生作业提出作为世界贸易中心，阿联酋通过向核心产业提供此类援助来享受其经济增长。例如：不同贸易区之间的连通性产生的航空旅行收入是来源和市场。因此，阿联酋在石油和相关行业产生的巨额收入方面取得了蓬勃发展，并将其收入注入旅游和房地产行业，将其视为未来的主要收入来源，在金融危机袭击阿联酋之前，其结果符合计划。
DIRECT EFFECTS OF FINANCIAL CRISIS ON TOURISM AND AIRLINES INDUSRTY 金融危机对旅游业和航空业的直接影响
The rapid development of the UAE was a result of the focus of the government on tourism thus promoting the real estate sector with the help of revenues coming from export of oil and natural gas. With the largest real estate company of Dubai Emaar properties becoming bankrupt in the United States and vaDubai proposal to delay the repayment of all its debt’s for a period of 6 months on November 26, 2009 the financial crisis in Dubai was exposed in front of the world which followed in the entire UAE and other Emirates. The debts were as large as $59 billion causing a stop to the investment cycle of Dubai for 6 months. UAE was capitalizing on Dubai’s growth but the financial crisis came as a shock to the UAE. The Dubai’s real estate industry and tourism was based on huge loans which they expected to pay through the revenues they earn from them but with recession hitting the industry badly their plans failed. In the early period of global financial system UAE’s financial structure, dynamic construction and tourism industries and relished tax free incentives seemed to be a great advantage for it and many people even expected it to remain free from any sort of recession. A major factor that created this illusion in the minds of people was the continuance of investment activities and construction at a feverish pace even when there was a lack of capital in all other parts of the world. Dubai which is governed by Sheikh Mohammed Bin Rashid Al Maktoum borrowed approx 80 billion US Dollars in a period of 4 years of construction for booming the construction market of economy of regional tourism as their main focus was on tourism as they expect that it would lead to a concrete source of income for them even when their oil reserves get exhausted. Emirates suffered a huge loss in the world’s steepest property slump as a result of global recession. The home prices dropped by 50 percent from their value in 2008 leaving Dubai in a situation where they were not able to generate adequate money in order to repay the debts that they had taken in order to promote the tourism industry. This was surely to follow in the other Emirates if the UAE.
留学生作业认为阿联酋的快速发展得益于政府对旅游业的重视，从而借助石油和天然气出口收入促进了房地产行业的发展。2009年11月26日，迪拜最大的房地产公司Emaar房地产在美国破产，迪拜政府提议将其所有债务的偿还推迟6个月，迪拜的金融危机暴露在全世界面前，随后整个阿联酋和其他酋长国也发生了金融危机。这些债务高达590亿美元，使迪拜的投资周期中断了6个月。阿联酋正在利用迪拜的增长，但金融危机对阿联酋来说是一个冲击。迪拜的房地产行业和旅游业建立在巨额贷款
