Benefits of Doing Business in Dubai

Monday, 8 June 2015


Dubai has transformed itself over the last 40 years from a local trading community to an internationally renowned one. Today, it is an important destination for tourists and businessmen alike. With an indigenous population of about 160,000, the number of expatriate residents in Dubai stands at 2 million. The strategic location of Dubai gives it easy access to more than a million customers.

The business hub of the Middle East

Dubai has been one of the most successful economies in terms of its economic performance. After the setback during the recession of 2009, the economy of Dubai has picked up and returned strongly. Logistics, tourism, trade, and transportation accounted for almost 50 percent or more of the Gross Domestic Product of Dubai in 2011. This grew in the years 2012 and 2013 by 3.4 percent and 4.6 percent respectively. Official reports show that the annual inflation stood at about 0.5 percent in 2011 as compared to in the year 2010. The prices of the goods and services went down by 1.4 percent in the year 2011. This was primarily due to even more savings on water, housing, gas, electricity, and the other fuels by about 6.2 percent.

doing business in Dubai

Flexible investment laws

Investment regulations and laws are continuously improving in order to encourage investment by foreigners. This includes the introduction of foreign stocks and land. This is one of the benefits ofdoing business in Dubai. Dubai is the first ever emirate within the United Arab Emirates that had opened its property market to foreign ownership. Dubai dominates the re-export and the cargo markets.

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