Dubai - Located within the United Arab Emirates, Dubai is a not only a
traveller’s paradise but also a growing business hub. Housing traveller’s
delight like the Burj Khalifa, which is the tallest building in the world,
Dubai continues to captivate travellers. This is also done with the objective
to lure travellers so that Dubai can maintain the inflow of foreign cash into
the economy. Travellers revel in the delightful shopping plazas and that is an
attraction which fuels the economy of Dubai. In 2010, a survey found Dubai to
be the 7most visited city in the world. Reason enough for you to start thinking
about doing business in Dubai.
By 2015, it is expected that Dubai will accommodate
about 15 million tourists. With such factors that contribute to the development
of Dubai’s economy, doing business in Dubai is a safe and rewarding
proposition. If you think that shopping, travel and tourism are the only
factors that can draw investors to the idyllic city of Dubai, think again.
Another credential that Dubai can be proud of is being chosen the host of 2020
World Expo. In 150 years since the inception of the World Expo, it is the first
time that a Middle Eastern country has been chosen to play host.
Dubai bagged this opportunity to host the World Expo 2020 by ousting the bids
from the likes of Turkey, Brazil, and Sao Paulo etc. The three rounds of voting
by the delegates who belong to the 168-nation Bureau International des
expositions in Paris, decided in favour of choosing Dubai as the next host. The
authorities in Dubai have inkling that this could mean generating revenue of $
23 billion between the years 2015 and 2021, and the cost of organizing this
event will be close to $ 8.4 billion. Doing business in Dubai never saw a more
opportune moment.
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