Easy access to air and sea transport, combined with expansions at the Jebel Ali Port and of the national airline, has helped establish Dubai’s position as both a trans-shipment hub and a destination for export industries. The industrial sector continues to provide a major contribution to non-oil GDP, with heavy industries able to take advantage of low energy prices. The emirate’s free zones...
Through strong government support, an attractive business environment and innovative free zones, Dubai has established itself as a leading regional centre for information and communications technology (ICT). Improved infrastructure for modernising technology is also helping domestic players diversify their services for an increasingly tech-savvy clientele, with demand for regionally and...
As the emirate leverages its diverse leisure activities and central location, medical tourism looks set to grow beyond the $1.69bn in revenue earned in 2012. A number of health and pharmaceutical groups are eyeing Dubai as a regional centre, owing to its well-developed transport and communication links and ongoing advances in technology and research. Insurance is not currently required by law...
Dubai continues to develop the strong foundations upon which to build a knowledge-based economy. The emirate has built a unique education system to fit its population’s needs by harnessing the capacity of the private sector, while also continuing to develop a more sophisticated regulatory framework to ensure every school is delivering quality education. Enrolment in private schools has grown...
Revenues from shopping malls and retail outfits reached $626m in the first nine months of 2013, 22% higher than the same period of 2012. Out of 323 major international fashion retailers, more than half, maintained an outlet in Dubai in 2013, and the emirate is considered by one agency to be second only to London in importance for global fashion retail. Though Dubai was undoubtedly delighted...
The total number of visitors to Dubai in the first nine months of 2013 was 7.9m, and the emirate has set itself a target of reaching 20m visitors per year by 2020. The emirate received a major boost towards achieving this goal when its bid to host World Expo 2020 was accepted in November 2013. Of the anticipated 25m World Expo visitors between October 2020 and April 2021, it is forecast that...
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