Gulf Tiger

DEFINITION of 'Gulf Tiger'

A colloquial term for the glittering city and emirate of Dubai in the Middle East nation of the United Arab Emirates (UAE). Dubai staked its claim as a tiger economy following several years of double-digit economic growth from the mid-1990s onwards. While oil exports formed the initial foundation for the economy, over the decades, Dubai has diversified into other areas of economic activity such as real estate, construction, trade and financial services.


Also known as Arab Gulf Tiger.

BREAKING DOWN 'Gulf Tiger'

Dubai is one of the most cosmopolitan cities in the region, with the largest population and second-largest land area of the seven emirates in the UAE. It is located south of the Persian Gulf on the Arabian Peninsula. In the first decade of the 21st century, Dubai's building boom led to the construction of some of the world's tallest buildings and biggest projects, including the Burj Khalifa - the world's tallest building - and the Palm Islands. Dubai's bustling Port Jebel Ali is the world's largest man-made harbor and the biggest port in the Middle East. Dubai was severely affected by the economic downturn in the aftermath of the 2008 global credit crisis, as a result of which several major projects ground to a halt.

RELATED TERMS
  1. Investment Corporation Of Dubai ...

    The Investment Corporation of Dubai (ICD) is a government-owned ...
  2. AED (United Arab Emirates Dirham)

    The currency abbreviation for the United Arab Emirates dirham ...
  3. Emirates Investment Authority - ...

    A state-owned investment fund established in 2007 by the United ...
  4. Emirates Interbank Offered Rate ...

    The interest rate charged by banks in the United Arab Emirates ...
  5. Oman Investment Fund

    A state-owned investment fund established in 2006 by the Sultan. ...
  6. Baltic Tiger

    A colloquial term that refers to any one of the three Baltic ...
Related Articles
  1. Markets

    What is the Investment Corporation Of Dubai?

    The Investment Corporation of Dubai – or ICD – is a government-owned organization that manages a sovereign wealth fund for Dubai, United Arab Emirates.
  2. Markets

    The UAE: An Emerging Economy for Investors

    The learning from UAE on how it succeeded with timely diversification when the BRICS nations and the neighboring oil-rich economies faced challenges.
  3. ETFs & Mutual Funds

    3 ETF Strategies for Growth in the Middle East for 2016 (EIS, GULF)

    Learn about the state of the Middle East, the risks that face the region in 2016 and the top three ETFs that should be considered for growth in 2016.
  4. Insights

    Top 4 Billionaires Living In Dubai

    Read about the four wealthiest individuals in Dubai, the capital of United Arab Emirates. The wealth belongs to two pairs of billionaire brothers.
  5. Markets

    Top 6 Overseas Cities For Finance Careers

    There are finance jobs around the globe, but some cities offer more opportunities than others. Here, in alphabetical order, are the top six.
  6. Markets

    Low Oil Prices Are Forcing Economies to Diversify

    The impact of low oil prices goes beyond the pump. Here's how some countries are diversifying away from oil-based economies.
  7. Investing

    What are the Tiger Cub Economies?

    Tiger cub economies refer to four Southeast Asian economies – Indonesia, Malaysia, the Philippines and Thailand.
  8. Markets

    The Biggest Oil Producers in the Middle East

    Discover which countries produce the most oil in the Middle East, a region long known for its influence on international petroleum markets.
  9. Insights

    Moody's Downgrades 3 Gulf Countries' Credit

    Moody's downgraded the credit ratings of three Gulf countries over the weekend.
  10. Financial Advisor

    Top 10 Cities For A Career In Finance

    Moving to one of these financial hot-spot destinations could set your career in motion.
RELATED FAQS
  1. Do all oil companies received the quoted price of West Texas Intermediate for their ...

    Learn about the three benchmark oil prices, the primary factors that determine the quality of crude oil and the price it ... Read Answer >>
  2. Why did oil prices drop so much in 2014?

    Learn the roles that decreased global demand, new supply sources in North America and actions taken by Saudi Arabia played ... Read Answer >>
  3. What emerging markets are best suited for investing in the real estate sector?

    Discover which of the emerging market economies currently offers the best potential returns for investors in the international ... Read Answer >>
  4. What causes oil prices to fluctuate?

    Discover how OPEC, demand and supply, natural disasters, production costs and political instability are some of the major ... Read Answer >>
  5. Why have most modern nations evolved into free market economies?

    Find out why world history has been dominated by free markets since the 18th century and why that trend no longer applies ... Read Answer >>
  6. How much of the global economy is comprised of the real estate sector?

    Find out how much of the global economy consists of the real estate sector, including output from commercial and residential ... Read Answer >>
Hot Definitions
  1. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  2. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  3. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  4. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  5. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  6. Real Rate Of Return

    The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other ...
Trading Center