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Dubai: Economic And Economic Advantages And Disadvantages Of Dubai

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Dubai’sKey Advantages
I. Strategic Location: Dubai is a time zone bridge between the Far East and Europe on the East-West axis and the CIS and Africa on the north-south axis. It is an entry to a market that can be categorized as:
• Huge - well recognized trading contactsoccur with the greater than 1.5 billion people in the adjacent region covering the Gulf, Middle East/Eastern Mediterranean, CIS, Central Asia, Africa and the Asian sub-continent;
• Rising - Dubai’s total global trade has grown on average by over 11% per year since 1988 and regional economic growth and liberalization should lift demand further;
• Wealthy - a floating local economy tactically located in the center of one of the world’s richest regions and well-endowed with plentygoods of cheap energy and prime aluminum; also neighboring to major regional suppliers of vital agro-export supplies;
• Differentiated - mixed and important import requirements produce opportunities for product suppliers and re-exporters;
• Reachable - attended by over 120 shipping lines and linked via 85 airlines to over 130 global destinations.
• Exposed– There are no exchange controls, quotas or trade barriers.
II. Political And Economic Steadiness: Dubai is part of the UAE which is rated as alow-crime and politically-calm country. Its well-built, refined banking system features,wide credit facilities and sufficient liquidity. The countries emerging capital bazaars are constructed on a foundation of brand-new technologies and

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