These types of incentives are helping attract foreign investors from around the world (Research and Market Bid Report: Country Forecast for the UAE). This statistic had a big influence on why I advised my CEO to expand our business in this country. The UAE is also becoming the preferred destination when it comes to holidays and tourism. Dubai is home to the tallest building in the entire world. By 2009, the UAE's economic performance had depreciated significantly. The UAE's real gross domestic product growth declined by a whopping 4.8%! The reason this occurred is because construction activity in Dubai was reduced. The Organization of the Petroleum Exporting Countries, or OPEC, oil production cuts that hit Abu Dhabi were the reason for the dramatic drop in gross domestic product. Another reason for the decline was weak foreign direct investment and lower domestic investment. Construction in Dubai has effectively stopped, as the global credit crisis hit the emirate's property market and left companies unable to get loans