Why Dubai

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-friendly

Dubai grants specific businesses a tax-free and secure financial environment, empowering them to operate and expand their trade within the emirate. A competitive tax rate is applied to those with income exceeding the established threshold.

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 & digitalisation focused

Technology and digitalisation 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 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.