Dubai has emerged as one of the world’s leading international business centers and regional hubs. This cosmopolitan city of diversity is at the crossroad of the globe and has transformed itself into a buzzing international metropolis. With easy accessibility, state-of-the-art infrastructure and modern venues, Dubai is the place to be when it comes to business. Here are 10 reasons why...
International travel hub
Dubai’s central location makes it one of the busiest travel hubs in the world. Dubai International airport is ranked as the number one hub for international passengers with annual traffic over 83.6 million passengers in 2016.
The airport serves 90 airlines flying to more than 240 destinations across six continents. Meanwhile, work continues to expand Dubai’s second airport, Dubai World Central, with the aim to make it the world’s biggest airport with a capacity to handle more than 200 million passengers each year.
Emirates airline is Dubai’s flag carrier, with flights to and from over 150 destinations worldwide. Since launching in 2009, flydubai has become the world’s fastest start-up airline, flying to more than 85 destinations across 44 countries.
City of the future
Who could imagine a small Arab village would become the powerhouse it is today? Dubai boasts a world-class infrastructure, well-maintained roads, excellent public transport and connectivity. But great infrastructure is just one reason why Dubai is a global trade centre. Sitting at the crossroads of East and West, Dubai is a switching point for trade with a region of 2.2 billion people in Africa, Europe, the Middle East, the CIS, Central Asia and India.
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Dubai has a diverse range of premium, standard and budget hotels offering services that cater to all needs and budgets. There are close to 700 hotels in the emirate, together offering more than 100,000 rooms. Current estimates show that a total of 134,000 rooms are expected by the end of 2018.
Dubai has a plethora of flexible business event facilities, from a meeting room for 10 people to a convention for thousands. Dubai International Convention and Exhibition Centre (DICEC) has over 120,000sqm of exhibition and meeting space and is only a 10-minute drive or a Metro Red line ride from the airport. In addition, an array of hotels in Dubai offers high quality and sizeable meeting space.
Thanks to Dubai’s ideal location, excellent connectivity and extensive business services, Dubai has become a centre of trade and commerce for the entire region. The government is pro-business, with the most transparent business regulations in the region. Dubai provides tax-free zones, first-class physical infrastructure and access to an experienced and skilled labour force.
Strong employment figures, rising per capita income and a strategic diversification of markets make Dubai one of the world’s top metropolitan economies, with a projected growth of 3.1 per cent in 2017. In its Global Competitiveness Report for 2016-17, The World Economic Forum ranked the UAE 16th out of 138 economies, at the top of the index for the Middle East.
Centre of innovation
Dubai is a growing knowledge hub with a significant number of universities and research centres committed to paving the way for technological and scientific advancements. Dubai has established prospering communities to share knowledge and exchange of ideas, including Dubai Media City, Dubai Internet City and Dubai Healthcare City.
Looking to the future, the UAE National Innovation Strategy is a primary tool to achieve the UAE Vision 2021 and an engine for the growth of distinctive skills and capabilities across the nation, focussing on fostering innovation in seven main sectors: Renewable energy, Transport, Education, Health, Technology, Water and Space.
Safe haven for investors
Dubai is a politically stable environment and a safe city for citizens, residents and visitors alike. According to Interpol, Dubai is one of the safest cities in the world in terms of crimes and health, making it a reassuring ground for all.
Where business meets leisure
Adrenaline-pumping desert safaris, luxurious spa breaks, relaxing dhow cruises, Arabian culture, high-octane skydives and exhilarating water park rides - just some of the experiences Dubai offers its guests, including business travellers who manage to mix business with pleasure or incorporate team-building experiences into their schedule.
City of gastronomy
From Arabic to Asian, French to Mexican and everything in between, Dubai offers food lovers a tantalising array of mouth-watering options to treat your taste buds. And the city is known for its vibrant entertainment scene, where you can relax at blissful beach clubs or watch the world’s most exciting horse race.
Model for success
Located at the crossroads of Asia, Africa and Europe, geography has helped transform Dubai into a platform for these markets and destination for both investment and tourism.
Capitalising on this strategic position, Dubai’s success has also been buoyed by its open approach to immigration and foreign investment; its embrace of communications technology; and a respect for the knowledge economy.
At the 2017 World Government Summit held in the UAE, International Monetary Fund chief Christine Lagarde praised the Emirates’ financial leaders for their sound fiscal policy and emphasised the strong, positive relationship between UAE and the IMF.
Department of Tourism and Commerce Marketing
Dubai, United Arab Emirates
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