Author’s Experiences & History In Dubai

The author is glad and proud with his experiences as a foreigner living in a harmonious, with beautiful cities and peaceful country with people of all sorts of background from 180 nationalities from all over the world. Dubai has freedom of speech and freedom of religion, a high quality of life, a fair judicial and liberal economic policy.

Dubai is ‘a state from the United Arab Emirates country in the Gulf Cooperative Council (GCC), the most successful and modernize Muslim country in the Middle East and GCC, was developed only for a short period of time, which is less than 30 years.’

From brief of the history Dubai in 1979, Dubai was only a fisherman’s state which roof and wall were made out of date leaves. They were living in poverty and they did not have their own currency (this was over 30 years ago). During that time too, the government of Dubai only dealt with currencies such as USD, Sterling Pound, Saudi’s Dinar, India’s Rupee, Pakistan’s Rupee and barter trade as its business trading system. The roads were through the desert using camels, Abras (water taxi) and old lorries or ‘Dhows’ which are yachts as their daily transport. These modes of transportation were used through Deira’s the way through the Creek River in Dubai as their main harbour at that point in time.

The cities of Deira and Bur Dubai were the main towns at the time in 1971 with a population of about only 60,000 people which consisted of Dubai’s elite royalties known as the Sheikhdom, from the Banni Yas Tribe of Sheikh Maktoum Bin Butti from Abu Dhabi Tribes, and others migrating from neighbouring states of Oman, Saudi Arabia and Abu Dhabi.

Also attracted to the land and sea of the Bedouins were many others increasing around the coast side of Dubai and Jabel Ali desert land (also known as Ali’s Hill) and the coastal side of Jumeirah in Dubai, UAE.

The drastic transformation of Dubai’s economic development started off in 1990’s without any negative consequences or culture shocks that many had expected. The author never once heard its citizens moaning or complaining about the change and the way they were led by their leaders. “The citizens of Dubai did not even feel their individual rights were taken away from them. The proof is that now the Arab Bedouins and the locals in Dubai are living in their high-quality standards of livings as modern citizens. It is a successful, harmonious and peaceful country comprising of individuals from 180 nationalities from different countries. The citizens’ income per capital is about USD 30,000 per year according to the World Bank’s recent report released early in 2008.”

The author adds that the citizens did not have any fears to compete openly with all the other global countries even though Dubai was considered a poorer country than Malaysia 30 years ago. The change of Dubai’s ruling policy did not even change the rights of the Arabs and the citizens’ lands status. ‘Hence, there are no excuses for Malaysia to have fear competing with other countries in this world. What is the purpose of the individual’s rights of protection if not to help increase the economy and the citizens’ quality of life? In Malaysia, almost 70% of the citizens are still living in poverty and deprived conditions with an income of less than RM 1,000 per month. ‘This has been the major domestic issue that the government has had to deal with since 52 years ago. Why? The author asks us to go back to the foundation of the success of the three countries that have been used by the author as his compression countries in this book like China, India and the UAE. The author is optimistic that Malaysia must implement the correct formula of policy that was previously used by the success countries in the world. The best strategies should be referenced from these three countries to come up with our own leadership model of changes. With that, all these domestic issues will vanish by itself.

In Dubai, there is no ‘Ali Baba Company’ term that prohibits its citizens who are working with the private or non-private sectors to begin their businesses. The government of Dubai rules out that the foreign investors are able to do businesses outside the duty-free areas with conditions that they have assurances and guarantees from local share-holders with equity of previously 51%:49% (now 30% local : 70% foreigner) and also with the director’s allowances except in free zone areas. The foreign investors must have a local share-holder as the company’s guarantor before getting any approval for the company’s registration. The company registration fees is from AED30,000 and above excluding sevice fees and trade licence, and 2% municipal fees from the company office rental cost.

The local share-holder will be the company’s nonexecutive guarantor, even though the local share-holder is still working under the government as a sponsorship partner with allowances, for example, from AED 10,000 and above per year as the citizens’ incentives.100% equity for foreign investors is allowed as long as it is in the duty free or free zone areas only.

Therefore, there is no such term as ‘Ali Baba Company’ in Dubai. The intelligent and ‘Smart partnership for locals is tremendously beneficial to help the local citizens obtain higher incomes’ and live in prosperity. They would not be burdened when the government would implement a strategic liberal economic system. From the author’s point of view, there is no harm in practicing this ‘Smart partnership’ system if it means to diminish the citizens’ poverty burdens from the financial or quality of living aspects. If this system can cure the problems of domestic issues, poverty, crime, social issues, and minimizing of corruption, then what is wrong? If the people have a high quality of life and citizens are getting out of poverty would that not be the answer to all of our prayers?

30 years ago, Malaysia was still renowned for its apparent eastern values and even our education system was better than Dubai. Many other aspects of Malaysia were better than Dubai 30 years ago, so why are we still questioning our ability to succeed now? “Should we question Malaysia’s ability to compete freely with a strategic policy strategy later on in the future? This strategic government’s new policy is the citizens’ strategy to face the WTO members’ open business healthy competitions after the year 2020 and make Malaysia one of the latest world economic powers among the top 10 developed countries, Insya Allah”. There is no use in saying that the citizens will lose their rights on land or any other rights because with these negative remarks Malaysia will never be ready to compete with other global countries.

Through vast experiences, the author tries to put in words the real meaning of drastic ‘Changes for Hope’ and the development of Dubai is shared with the readers and all Malaysians.

The author who migrated to Dubai with the purpose investing in real estate and land and becoming a corporate member has been taken aback with Dubai’s aggressive development and also the direct and apparent transparencies of its government’s policies. With these well-planned development arrangements and secure lifestyle it has made a successful business investment index in Dubai and allowed the city to overcome the problems of poverty and its citizens’ economic stance with an acceleration of 11% GDP Dubai which is USD 37 billion in the year 2005 alone. The ruler of Dubai who is also the Vice President of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, made a supposition that in 2009, the GDP will be USD 174.6 billion and this has been reported by a statistical analyst expert, Dr. Zainal Abideen Wafaee from the Municipality’s Statistic Centre and the Dubai Department of Economic Development (DED).

Dubai is now renowned for its world’s business and government policies, world port hub, tax free economy, duty free, real estate developments, financial districts, factories for the production of fast moving consumer goods (FMCG’s), industrial cities, duty free centres, world tourism attractions, world class shopping malls as a shopping haven and the most modern and global convention and exhibition centres along with other attractive business opportunities. Considering all of these are the features of a Muslim country from the UAE Union is something which any Muslim country around the world should be proud of and try to emulate.

According to the author’s research, the accomplishment of Dubai is based on its government’s administrative policies, ‘Transparencies, Efficiency and Tolerance’, and liberal economic system’ and investment land policies with a premeditated tax free course of action as the root of Dubai’s success.

The package of policies mentioned above has been initiated since the 1980’s and been the pinnacle for the development that took place since the year 1997 with the introduction of the first tactical policy. The department responsible for the development of the investment’s policy is the Department of Economic Development (DED). It has attracted fundamental investments to Dubai with an increase from the year 1995 to 2004 at an average growth of 9.8% per year according to the statistical report of Dr. Wafaee. Furthermore, growth rates in these mentioned years were the following: 2005 – 10%, 2006 – 10.8%, 2007 – 11%, 2008 – 9% according to reports and it has been foresighted that FDI of Dubai will increase in 2009 to investments of AED 174.6 Billion and this is according to the recent reports of Dr. Zainal Abideen Wafaee from the Dubai Municipality’s Statistic Centre.

The author says that the country needs a courageous and dynamic new Prime Minister to make these drastic changes with strategic implementation strategies with ‘Value added’ policies modifying the current ones in place by the government at the moment. All of these have to be done if we want to achieve Vision 2020 on time. The policy ideas which are written by the author is just the envelope of the strategy so that a foundation can be set for the leaders to get the formula solution and adding the ‘Value added’ to the current policy in order to stimulate the growth of the economy. The 20 Strategies to becoming a developed country is just a basic portal of strategies in the ‘Road map’ of changes for hope for the policies that promise for calling the world’s investors and attracting them to look at Malaysia as their new investment destination in the region and to become an industrialized country by the year 2020.

The author is optimistic that the new ‘Value added’ policy for Malaysia is the formula for the economic movement which will give enough stimulation for the nation to grow. This promises a huge quantity of opportunities for the latest and organized mega development projects by foreign and local investors who will sponsor all the costs as suggested in the future. Malaysia would have to pursue a strategic liberal economic policies comprising of the government facilitating the locations, facilities by opening many new International Mixed Development cities a huge kind of business spin off as cash revenues to the government from service charges, land premium or levies to be paid, urgency services to be charged and many more which only authors knowing the source from. other services to be charged through services stamping fess and a bank guaranteed of securities payment are the 70% revenue from the cost of project.

The government spends as minimal as possible because its polices and concepts encourage 100% foreign investment cash flow that enter the country to expand all suggested development plans. The author is also convinced that the new policy will open the eyes of the world to choose Malaysia as their new investment destination particularly investors from America, Britain, Russia, Europe, Japan, China, India, the Middle East and other countries which boast a significant amount of investors. These investors will want to find the solution for the present world economic catastrophe. Therefore, the leader of Malaysia has to look at the current economic crisis as a golden opportunity for Malaysia to use its land as a magnet to bring global investments. This is the best possible act to overcome the conflicts that Malaysia is facing at the moment and also to make the Vision 2020 a joy of success.

The author is confident that through the experiences and research accomplished while residing in Dubai for more than 5 years he has derived the knowledge for the formula. The secret of Dubai’s success is also through research from the government’s websites, economists’ books and Dubai’s policy. The most valuable is the author’s practical experiences which he enjoyed and is still enjoying all the basic facilities from Dubai’s economic officers and government employers. It would be rather arduous for any random person to be able to go through the same experience as he has. The author also salutes the friendly ways of Dubai’s authority which made it easier for him to do his research.

For sure, ‘this knowledge cannot be learnt from any universities or educational institutions in the world because to attain this knowledge the author had to travel and make hefty investments to acquire Dubai’s success formula. He would like to share it with the Malaysian leadership and the nation as well.

The author’s main intention is that the country and its inhabitants will accept this book as the author’s sincere efforts and not just any other efforts to bring down any individuals’ rights or even the country’s systems. His efforts are to promote the importance of Malaysia and its citizens.

The author opens up Dubai’s success formula by using strategic strategies to become a fully developed country by altering the country’s strategies to make 2020 Vision a reality. “And the author would like to share the same courage which was exemplified by the 4th Prime Minister of Malaysia, Tun Dr. Mahathir Mohamad. Vision 2020 is the Malaysian dream that the author hope one day the country can become ‘One Malaysia and one nation” with harmonious, peaceful, high quality standards of living and a prosperous place to live for all. Insya Allah…

As a Malaysian himself, the author states, “this is not a delusion, but rather a must have dream that should be in the minds of any major leaders of the world.” This is a once in a lifetime opportunity for Malaysia to open its doors and make this country an investment hub to people from all over the world. However, “all of these dreams rely on the leadership of the new Prime Minister. The leader has to be courageous enough to make these changes for hope occur and not let the citizens become victims of the economic pressure.”

The leaders of Dubai with its vision of making Dubai as ‘The world’s capital city’ in the Gulf, with its country’s “Transparencies, Efficiency and Tolerance” policy named as ‘Universal policies’ has attracted many foreign investors and the people of the world. Nevertheless, it is not impossible for Malaysian leaders who have ourselves seen the same physical capabilities to be able to achieve this success after making a few changes. This is because only a leader who is courageous and full of visions can truly attain this success.

Bursting with enthusiasm and eagerness, the author writes this book for all the people of Malaysia to see that ‘this is just the beginning for our preparation to face the economic crisis and also to have all of the solutions and answers for the conflicts that we are currently encountering.’ Whether we like it or not, this country must conquer the tribulations and challenges and therefore Malaysia, ‘we must be equipped with more competitive strategies along with an attractive formula of action’ as our country’s leadership preparation. Bearing that in mind our neighbouring Asian countries who are our friendly competitors, will not wait for Malaysia to implement these drastic changes in its FDI policy in order to achieve the Malaysian Vision 2020. Subsequently we need to move quickly in order to seize the first mover advantage in the region.

For the leaders of Malaysia, we must look forward and ensure our competitors do not have their own formula to develop their own countries quicker than us. Even though Malaysia has the highest potential to use this Formula and make it a big success, if we do not move forward immediately it could be detrimental. We can use this ‘Formula’ and ‘Take off’ our campaign to the whole world and be developed much faster than other neighbouring countries.

Therefore, the author opens up the discussion with answers which are titled ‘Solutions to the country’s conflicts and crisis.’ This is because ‘the author considers this global economic crisis as a chance for Malaysia to position itself as a new global investment destination.’ With these drastic changes, Malaysia can go outside its comfort zone which is the solution to make Malaysia become a developed country by the year 2020.

The author would like to ask the citizens what plans have been made by us to overcome the crisis issues? Can our country achieve the 2020 Vision right on time? The citizens of Malaysia should open their minds and support the government in order to start off the drastic changes and cure the citizens’ burdens. Insya Allah…

How can we make the trend and culture of changing the country’s leaders as the target of our vision? The old traditional module can be adopted emphasizing value added policies of drastic changes without disturbing the national interest and changes to the national culture. This is a policy that has been practiced for over 30 years and has proven in the last 12th election a lot of issues and facts which almost crushed the 52 year old Barisan Nasional. “Alhamdulillah now we are still endowed a bright chance, therefore the leader has to take this essential responsibility and bring back the confidence of the citizens and foreign investors.” So must we still wait for another crisis to call for drastic changes?

Dubai is a state from the United Arab Emirates which envelopes a total area of approximately 3,950 square kilometres including the small enclave known as Hatta. Dubai has a current population of 250,000 local UAE nationals and roughly 1,250,000 global citizens from 180 nationalities from different countries that are staying in Dubai in harmony and peace under an effective liberal economic policy and a tax free environment. The research has shown that the key to the success of Dubai is the government’s accurate policies. Dubai is the world’s business and investment hub, trading hub, tourism hot spot, shopping haven, centre for finance and exhibitions and an excellent place to invest in freehold properties and land.

Dubai is the only state from United Arab Emirates which does not rely on the income of oil. The revenue generated from oil accounts for less than 9% of the total UAE GDP income according to Dubai’s finance report.