ABOUT DUBAI

DUBAI MEANS BUSINESS

Dubai is a glittering cosmopolitan emirate located on the Eastern coast of the Arabian Peninsula in the United Arab Emirate(UAE). Deemed a financial and trading hub, the gateway between East and West and at the world’s forefront in terms of tourism and development, Dubai is also extremely safe clean and boasts some of the world’s lowest tax rates.

Record-breaking achievements abound – home to the world’s tallest building, its only seven-star hotel, the largest mall, staggering man-made feats of engineering and future host to Expo 2020, Dubai is rarely free form positive media attention.

GLOBAL ECONOMIC HUB

Dubai has emerged as a leading regional commercial hub with state-of-the-art infrastructure and a world-class business environment. It has now become the logical place to do business in the Middle East, providing investors with a unique and comprehensive value added platform.

Since the formation of the UAE in 1971, Dubai has transformed itself from an oil and gas dependent state to a broadly diversified economy based on international trade, banking, tourism real estate and manufacturing.

PASSPORT TO A VAST EMERGING MARKET

Dubai is at the centre of a region that is emerging as a major force in the global economy. Stretching from North Africa to South Asia and the Caspian to South Africa, this region comprises 42 countries, some of which are the world’s fastest growing emerging markets.

The Gulf Cooperation Council (GCC), one of the most prosperous and fastest growing areas within the region, has had one of the highest Average annual real Gross Domestic Product (GDP) growth rates in the world. The GCC is home to some of the largest Sovereign Wealth Funds, including the UAE’S Abu Dhabi Investment Council, Saudi Arabia’s SAMA Foreign Holdings and the Kuwait

POLITICALLY STABLE, ECONOMICALLY SOUND

With such political and economic stability enjoyed by few Middle Eastern countries, and an admirable tolerance for a range of world cultures, the UAE, and specifically Dubai, is the favored playground to nationalities of all ages. Having established a reputation for being a low-crime and politically stable country, the UAE also had the ability to withstand the impact of the global financial crisis, demonstrating financial and monetary stability.

Several steps taken by the government to promote recovery from the crisis have resulted in deposit growth and capital inflows, increased activity in the markets and a rise in indexes. Dubai’s well-developed banking system ensures extensive credit facilities and ample liquidity. The emirate has shown a consistent commitment to business-friendly and liberal economic policies.

At just 49 years old on 2nd December 2020, the UAE may well be youthful as a country, but what it has achieved in that time is nothing short of incredible.

DUBAI STATISTICS

United Arab Emirates (UAE)

His Highness Sheikh Khalifa Bin Zayed Al Nahyan
(also Supreme Commander of the UAE Armed Forces and Chairman of the Supreme Council)

His Highness Sheikh Mohammed Bin Rashid Al Maktoum

(also Prime Minister of the UAE)

Dubai

Monarchy

His Highness Sheikh Mohammed Bin Rashid Al Maktoum