的基础上，他们希望通过从中赚取的收入来支付这些贷款，但随着经济衰退对该行业的严重打击，他们的计划失败了。在全球金融体系的早期，阿联酋的金融结构、充满活力的建筑业和旅游业以及享受的免税优惠似乎是它的一大优势，许多人甚至希望它能摆脱任何形式的衰退。在人们心中造成这种幻觉的一个主要因素是，即使在世界其他地区缺乏资本的情况下，投资活动和建设仍在以狂热的速度继续。谢赫·穆罕默德·本·拉希德·阿勒马克图姆领导的迪拜在4年的建设期内借款约800亿美元，用于繁荣区域旅游经济的建筑市场，因为他们的主要关注点是旅游业，因为他们预计即使在石油储量耗尽的情况下，这也会为他们带来具体的收入来源。由于全球经济衰退，阿联酋航空在全球最严重的房地产衰退中遭受了巨大损失。房价比2008年下跌了50%，使迪拜陷入了一种无法产生足够资金来偿还为促进旅游业而承担的债务的境地。如果是阿联酋的话，这肯定会在其他阿联酋效仿。
INDIRECT EFFECTS OF FINANCIAL CRISIS ON TOURISM AND AIRLINES INDUSRTY 金融危机对旅游业和航空业的间接影响
The global financial crisis in UAE during 2008-09 resulted in major downfall of Dubai’s real estate market. It led to slow down of the economy of UAE, putting brakes to its speeding economy. The economic revenue generated was not coming as efficient as before which greatly hindered UAE’s growth and as most of its plans were based on money borrowed by investment companies and there were no plans to face any downturns in the economy it became difficult for them to repay that loan. As the main aim of UAE’s economy was the tourism industry a slump in the global markets was always bound to affect the economy of Dubai. Moreover the UAE economy and its important sectors such as Airlines Industry and Tourism Industry, on which UAE hopes to depend highly in near future, are regulated by the government which does not encourage the foreign investors and hence availability of lone was a tough task at the time of recession. Emirates (government owned group) 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 real estate and the tourism industry. The foreign investment of Emaar (real estate and Construction Company of Dubai) claimed to be the second largest builders in United States. They ultimately went bankrupt because of the recession and / or filed for chapter 11, which allows reorganization of a company under the laws of bankruptcy for United States. The bankruptcy of Emaar properties was a big shock for people around the world and even bigger for the people in Dubai and of UAE as it acted as a hint of the financial crisis that had begun in UAE which was considered to be one of the flourishing economies of the world. Dubai, Abu Dhabi and other Emirates to follow have built one of the finest infrastructures of the world and it is quite natural for investors to be attracted towards such a place which lead to the initial success of UAE in a period when the world was facing recession and lacking investments but its overdependence on debts caused the financial crisis.
2008-09年阿联酋的全球金融危机导致迪拜房地产市场大幅下跌。这导致阿联酋经济放缓，给其高速增长的经济踩下了刹车。所产生的经济收入没有以前那么有效，这大大阻碍了阿联酋的增长，而且由于其大部分计划都是基于投资公司的借款，而且没有计划面对经济衰退，因此他们很难偿还这笔贷款。本篇留学生作业认为由于阿联酋经济的主要目标是旅游业，全球市场的低迷总是会影响迪拜的经济。此外，阿联酋经济及其重要部门，如航空业和旅游业，阿联酋希望在不久的将来高度依赖这些部门，受到政府的监管，政府不鼓励外国投资者，因此在经济衰退时期，单独投资是一项艰巨的任务。阿联酋航空（政府所有的集团）在全球经济衰退导致的世界上最严重的房地产衰退中遭受了巨大损失。房价比2008年下跌了50%，使迪拜陷入了一种无法产生足够资金来偿还其为促进房地产和旅游业而承担的债务的境地。Emaar（迪拜房地产和建筑公司）的外国投资声称是美国第二大建筑商。他们最终因经济衰退而破产，并/或申请了第11章，该章允许根据美国破产法对公司进行重组。Emaar房地产的破产对世界各地的人们来说是一个巨大的打击，对迪拜和阿联酋的人们来说更是如此，因为它暗示了阿联酋已经开始的金融危机，阿联酋被认为是世界上繁荣的经济体之一。迪拜、阿布扎比和其他紧随其后的酋长国建造了世界上最好的基础设施之一，投资者被吸引到这样一个地方是很自然的，这导致了阿联酋在世界面临衰退和缺乏投资但过度依赖债务导致金融危机的时期取得了初步成功。
PROSPECTIVE FUTURE EFFECTS OF CRISIS ON THESE INDUSTRIES 危机对这些行业的未来影响
Although UAE suffered with a financial crisis there are still possibilities that it will recover from this crisis. Abu Dhabi the capital of the United Arab Emirates which is also the richest country of the United Arab Emirates is the brightest ray of hope for UAE and Dubai. Dubai has already asked Abu Dhabi to bail it out of the crisis. The hope even increases as Abu Dhabi has helped Dubai in the past when Dubai was in Crisis although the demand is much higher than the past. A recent report by HSBC which says that Abu Dhabi has the cash liquidity to support its own companie
