Dubai has been rated as one of the top five international cities for entrepreneurs, as the Emirates provide a higher consumer confidence index than cities, such as New York or Tokyo. Dubai delivers easy access to 1.5 billion people in three different regions of the world, offering global connections, sophisticated culture and a competitive business environment.
The economic diversification welcomes multiple business opportunities in logistics, trading, information technology and consultancy, motivating targeted business investments. Dubai is a safe city with abundant resources that enables great trading opportunities. The UAE is one of the safest countries to conduct business and its ample resources include human, energy and financial.
Due to its strategic location, Dubai enhances trading, as it connects the Gulf, African and Asian countries. Every month, the city hosts almost six international exhibitions, which enable businesses to interact with foreign companies and distinguish infinite business opportunities. The growing number of registered companies in the Chamber of Commerce indicates that Dubai is an attractive destination for global investors.
Tourism in Dubai Today
In 2018, the tourism sector in Dubai contributed around 5% to the Emirates’ GDP, generating AED 20.1 billion of added value. It grew by 4.5% faster than the GDP increase of 1.9% while almost 8% of the local workforce was employed in the tourism industry.
billion of added value
