The local media sector has grown exponentially since the government set into motion a series of expansion initiatives in 2000. The emirate has emerged as a regional centre for the media industry over the past decade, competing with more established countries such as Egypt and Lebanon as the government actively seeks to diversify the economy into new...
Economic growth depends heavily on Dubai’s retail, tourism and real estate sectors. Following a peak of $1.2bn in 2008, the UAE’s advertising spend dropped significantly to $720m in 2009 due to the global financial crisis. However, there are positive signs that the sector is recovering as spending has stabilised between 2011 and 2012. Currently a $...
Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.
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