Saturday 25 February 2017

Business in Dubai

Dubai has become the unofficial business hub in Today’s world. With its fastest growing economy and popularity among tourists, it has attracted many businesses in business setup in Dubai. The city is the 4th most visited city after London, Paris and Bangkok. Dubai got stability and success with the discovery of oil in the late 20th century. But unlike the popular notion, Dubai’s revenues are not primarily based on the oil reserves. Tourism, real estate, banking, logistics and trade are few of the burgeoning industries in Dubai. The development and completion of Dubai land by 2020 is expected to generate a lot of attention and an increase in the number of tourists visiting Dubai each year. The government expects to have 20 million visitors yearly by the year 2020. And the construction of plans like Dubai land and other similar plans are related to meet this expectation of number of visitors. Dubai has a more dynamic and diversified economy that now can withstand the pressure of time and competition.
Dubai also has a prominent value as an international IT hub. Dubai Internet City, along with Dubai Media City forms the TECOM (Dubai Technology, Electronic Commerce and Media Free Zone Authority), which is an enclave that houses well-known IT firms such as EMC Corporation, Microsoft, Hewlett-Packard, Dell, Oracle Corporation and IBM, and media organizations such as BBC, MBC, CNN, Reuters and Sky News.
Over all there are several burgeoning business opportunities in Dubai. From the retail industry to the tourism industry, one can witness a lot of opportunities that businesses can make the most of. Global Integrated services are a management consultancy firm that helps different businesses with company formation in Dubai. Their services range from legal aid and advice to protection of intellectual property and feasibility studies in free zones.
They also offer the service of feasibility studies along with help in structuring of business plans to entrepreneurs as well. This way they cover all the major areas where the clients can need guidance while planning of establishing their business in Dubai or in any other state of U.A.E.

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