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At the crossroads of East and West, Dubai is among the most happening cities in the Middle East. It has rapidly emerged as an important commercial hub with a pleasant cosmopolitan lifestyle. Dubai has been very pro-active in developing non-oil manufacturing in pursuit of its policy of economic diversification. Hence it has a proliferating service sector with significant stress on IT and knowledge based industries. Among its key characteristics are:
  • A large market - more than $17 billion in domestic imports annually; gateway to a 150 billion p.a., 1.4 billion population regional import market
  • A growing market - Dubai's imports have more than doubled since 1989; regional economic growth and liberalization is set to boost demand
  • A prosperous market - strategic location at the heart of one of the world's richest regions
  • A diversified market - wide import requirements; opportunities for suppliers of most products
  • An accessible market - served by more than 170 shipping lines and 86 airlines.
  • An open market - no exchange controls, quotas or trade barriers
  • Disciplined Approach - Minimal absenteeism and Holidays, Zero theft/crime rate
  • Excellent telecom facilities - hence no downtimes or system failures
  • Uninterrupted electricity supply
  • High Customer Service Culture.

Dubai's relaxed free trade policies, excellent infrastructure, absence of red tape and enterprise-friendly environment make it an ideal platform for international companies operating in the region. As a result, a number of commercial houses use this as their regional head office. The following endeavors will give you an idea of the active Dubai business scene.

Existing/Upcoming Business Avenues in Dubai

Dubai Internet City - (DIC) is the first complete Information Technology and Telecommunications centre in the world to have been built inside a free trade zone. The DIC offers modern, ready-to-operate, fully serviced office space catering to the specific needs of new economy companies. These offices offer cutting edge technology and provide both wired and wireless networks. This includes the biggest IT-build in the Middle East, and the largest generation Internet Protocol telephony system in the world.
DIC allows 100% foreign ownership of companies. Sales, company earnings and private income are exempt from any form of taxation. Companies can also take land on a renewable lease of up to 50 years and build their own offices. Sets of intellectual property and cyber regulations have been implemented to protect the integrity of e-business.

Launching a Call Centre Park - Adding a further dimension to the DIC, is a new Call Centre Park aimed at offering state-of-the-art Plug & Play facility for Contact Centre operators making Dubai the ideal location for this industry. Dubai has a multi-cultural talent pool and offers easy access to expatriate HR from countries around the world.

Jabel Ali Free Zone International - The Jebel Ali Free Zone (JAFZ) offers a unique opportunity to do business from the Middle East at unbeatable tax and business incentives. It is the ideal warehousing & distribution and industrial hub that provides access to some 2 billion plus demanding and affluent consumer market in the region. Facilities are comparable to the best in the world. Jabel Ali capitalizes on Dubai's proven distribution capabilities and its traditional trade links with neighbors, Africa, Indian subcontinent and the world. The services the JAFZI can provide cover a wide range of free zone management requirements including Management & Administrative services, Marketing & Sales, Technical and Operational. In addition to years of experience in management and operation of a successful free zone, Jebel Ali Free Zone can offer business partners a network of over 2200 national and multinational companies.

Palm Island - The palm is a stunningly beautiful tourist destination upcoming in the Jumairah coast of Dubai. Unmatched by any such man-made venture in history, this island is poised to be the second earthly structure to be seen from outer space. It heralds the ambience of a land filled with romance & enchantment, in the same league as Casablanca or the French Riviera. Needless to highlight to business folk, "the Palm" offers tremendous commercial opportunities for many firms in relevant business areas. Investment in projects like Palm Island will ensure continued growth in the hotel sector but will also lead to stiffer competition between existing hotels. There is also great potential for real estate, retail outlets, entertainment and other avenues.

Al Jadaf - Dubai Ship Docking Yard (Al Jadaf) has been in operation for the past 24 years in a limited capacity. However major expansion plans have been sanctioned by the Dubai Govt to make it a major center with facilities of global standards, just like Jabel Ali. Not only will number of vessels serviced and in house improvements increase manifold, there are also plans to build corporate office buildings that flank the yard. This will enable firms of relevant sectors to have offices close to the dock and invariably opens new dimensions for businesses in those sectors.

EMAAR & the Dubai property scene - In 2001, for the first time ever in the Gulf, the government of Dubai took the courageous step of allowing expatriates to possess their property within the city. EMAAR, is a semi-govt real estate company that has been transforming Dubai's property scene into the most vibrant lifestyle property market in the Middle East. EMAAR is currently doing 6 major projects which includes the prolific "Dubai Marina Project" and the imaginative "Arabian Ranches" project.Dubai Marina is a masterplanned community for 40,000 people located in the centre of Jumeirah. Resort hotels, pristine beaches, exclusive shopping, a variety of beautiful homes and a tranquil marina are only the beginning. With floating towers, annual events, compelling public spaces and world-class design, Dubai Marina will be a centre of diversity and excitement, a celebration and tribute to the forward thinking city of Dubai.

View this Presentation on New Major Projects in Dubai

Click Here – DubaiNewProjects.pps
For More information about Dubai, click this link -

www.dubaitourism.co.ae