Renowned as the centre of modern world, Dubai is now one of the fastest growing cities on earth – thanks to non-oil dependent economy and a visionary government committed to a liberal and free market and business-friendly policies.

 Dubai’s economic diversification has been a phenomenal success with numerous free trade zones, financial markets, iconic real estate developments and tax-free earnings for corporations and individuals which have all boosted the city’s unparalleled growth.

 Dubai achieved a total GDP of $37 billion in 2005 up from $30.1 billion in 2004 and is currently experiencing an annual GDP growth of over 10 per cent. Known to be the least reliant on oil revenues among the GCC countries, the emirate’s non-oil GDP accounts to approximately 94 per cent.

 Experts say over 20 per cent of the world’s construction cranes are currently at work in Dubai’s projects worth more than $125 billion and the emirate has registered an economic growth of 16 per cent in 2005.

 Offering year-round attractions both for residents and visitors, the city welcomed more than six million tourists in 2006. With air traffic’s staggering annual growth of 16 per cent, more than 15 million visitors are expected to visit Dubai by year 2010.

 With access to some of the best and brightest minds from around the world, Dubai is definitely moving forward in the right direction to tap into this creativity and lay the necessary foundations to sustain the city’s competitiveness and leading position as a business hub.




“We have to make history and approach the future with steady steps, not wait for the future to come to us”

HH Sheikh Mohammed Bin Rashid Al Maktoum
UAE Vice President, Prime Minister and Ruler of Dubai