8 Reasons Why Dubai is an Economic Miracle
Dubai is a thriving business hub that rose from a small port town to the towering heights of becoming one of the fastest-growing economies in the world in less than five decades. Here are a few compelling reasons that make Dubai an ideal destination for you to either expand your existing business or start an entirely new venture, especially if your idea is innovative and product is global, catering to wider audiences in technology and digital sectors.
Reason 1: Location
Dubai’s ideal geographic location bridges the East and the West of the world, giving a smooth access to Europe, Asia, and the MENA region.
Reason 2: The commercial capital of the UAE
Dubai is the commercial capital of the UAE, the first country in the world to have a minister of Artificial Intelligence. This reverberates its commitment to everything inspired by the marvels of technology and digital for the betterment of masses.
Reason 3: Business cultivating
The enabling business environment along with the supportive government acts as a catalyst for any enterprise to grow and thrive.
Reason 4: Tax-free
A tax-free and secure financial and economic set-up allows businesses from around the world to feel confident in operating and expanding their trade from Dubai.
Reason 5: Diversity
The city is home to people from over 200 nationalities, making it a truly global hub, hence increasing the success rate of start-ups and small businesses.
Reason 6: Technology & digitalization focused
Technology and digitalization are two key areas of focus for the Dubai government, which has set dedicated future agendas and is working on strategies for a more tech-inclusive society.
Reason 7: The ideal time zone
An ideal time zone between Asia and Europe means more productive business hours.
Reason 8: Opening doors
Dubai opens doors to nearly 20 countries in the MENA region, which is home to hundreds of high-net-worth individuals, tech-savvy businesses and residents, and forward-looking governments.
Why Dubai during & post COVID-19?
