Dubai is the Middle East’s one of the most important business hubs and a gateway to whole MENA region for major corporate players from around the world. It is located in the United Arab Emirates’ north-eastern region. Dubai is already one of the world’s fastest-growing economies. The biggest contributors to its GDP are real estate, tourism, trade, and financial services. Despite the fact that oil exports created the groundwork for the UAE economy, oil and gas exports presently account for less than 5% of the country’s GDP. Dubai has established itself as the UAE’s most significant trading center.
It is primarily owing to excellent business locations and an easygoing environment. Dubai provides entrepreneurs with convenient business conditions, asset protection, limited liability, complete privacy, and substantial tax exemptions. Furthermore, due to its unique liberalization policies, Dubai offers firms a remarkable growth trajectory. Dubai is a diverse market in one of the world’s most prosperous regions. It operates in an open market with no hidden trade barriers, regulations, or quotas.
The fact that Dubai is easily accessible by air and water is perhaps its best feature. Currently, Dubai is home to about 90 airlines and 170 shipping lines. It operates in an open market with no hidden trade barriers, regulations, or quotas. The fact that Dubai is easily accessible by air and water is perhaps its best feature. Currently, Dubai is home to about 90 airlines and 170 shipping lines.