Dubai has transformed from a small trading port to a global economic powerhouse through strategic investments and policies overseen by the Al Maktoum royal family. Key developments include establishing Dubai International Airport and Dubai Duty Free, growing Emirates airline, expanding the ports of Dubai, developing real estate projects like the Burj Al Arab hotel and Palm Islands, and creating free economic zones to attract foreign investment and talent in sectors like media, technology and finance. While Dubai's economy is largely controlled by the royal family with limited transparency and criticism, its success is attributed to decisive leadership, risk-taking, aggressive promotion, innovation and utilizing its resources to maximize growth.