How Many South American Countries Qualify For World Cup Dubai – From Desert To A Magnificent Metropolis

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Dubai – From Desert To A Magnificent Metropolis

Dubai is the Shopping Capital of the Middle East

For the discerning shopper looking for a bargain to Dubai, Dubai is heaven on earth. It is known as the “shopping capital of the Middle East”, and is home to the world’s largest shopping centre, the “Dubai Mall”. It is the crowning glory in a group of around 70 fully air-conditioned malls in Dubai, which attract visitors from all over. Dubai is also known as the “City of Gold”; the Gold Souq, located in Deira, has up to 250 dedicated gold retail shops.

Top Class Sports Events and Entertainment in Dubai

The younger generations are not short of entertainment on their holiday in Dubai either; there are numerous theme parks throughout Dubai; notable examples include the famous Wild Wadi Water Park, located on Jumeriah Beach Road, and the world’s largest indoor ski arena, SkiDubai, which proves that with a little innovation, it is possible to bring a skiing experience authentic arctic winter to hot, sunny Dubai.

Horse racing is a passionate activity for Dubai that combines the global and the local, the modern and the traditional. Along with the heritage sports of Camel racing and falconry, a trip to the races offers a real insight into the emirate.

Meydan Racecourse Meydan, the largest grandstand in the world and the only trackside five-star hotel, is the famous home every March of the world’s richest horse race, the Dubai World Cup. Racing at Meydan takes place from November to March and is a key part of Dubai’s world-renowned events calendar which includes world-class golf, tennis, cricket, rugby, motor sports and water sports.

Dubai International Food

International and Arabic food is available everywhere when you are on holiday in Dubai, from small eateries to hotels. All the major fast food franchises are present in Dubai and from American to Chinese to Indian; Dubai caters to everyone’s needs. Blue Elephant is considered one of the best Thai restaurants in Dubai. The decor makes you feel as if you are not in Dubai but in a quaint village in the South East.

An opportunity to taste the local cuisine, Al Qasr with its authentic Arabic style architecture and decorations and the opportunity to dine al fresco, next to the restaurant or in a lovely garden, this Lebanese restaurant is the traditional experience.

Shakespeare & Co is the much-anticipated upscale coffee shop that recently opened on the Sheikh Zayed Road, with a cozy continental atmosphere and contemporary furnishings that make you feel like you’re in a London coffee shop.

Dubai’s fully automated metro

With major investment pumped into transport, Dubai has become an accessible city, with multi-lane motorways, a bus service with 140 routes and an extensive taxi system (which is the most used form of transport in Dubai). The Dubai Metro is a state-of-the-art fully automated metro network that runs throughout the city. It runs above ground and underground, and has carried 10 million passengers since opening in September 2009.

For international visitors, Dubai is a well-connected travel hub, with many travel options and direct routes available from most of the world’s major cities. Its excellent airport has a constant flow of inbound/outbound flights to meet your needs. Dubai International Airport is the hub of Emirates Airline which is the national airline of Dubai, one of the busiest airports in the world and serves 101 destinations in 61 countries across six continents making Dubai very accessible from anywhere in the world. Dubai’s population has grown enormously from its origins as a small settlement at the mouth of the creek, from the first boom in 1968 it has doubled with each decade to around 2,000,000 today.

With visitors flocking to Dubai all year round there are cheap all inclusive Dubai holidays and even Dubai package holidays available that can be tailored to suit your needs, even if you haven’t booked in advance and still in search of that late deal to Dubai. Dubai is a city that has made great strides in recent years. On holiday in Dubai you will discover a unique mix of old and new extremes; a modern, ever-expanding metropolis that is home to an indigenous culture steeped in history and long-standing traditions. It is a truly magical combination of history and modernity, which is sure to delight any traveller.

World Class Business Environment in Dubai

Dubai has emerged as a leading regional commercial hub with state-of-the-art infrastructure and a world-class business environment. It has now become a logical place to do business in the Middle East, providing investors with a unique and comprehensive value-added platform.

Since the formation of the United Arab Emirates in 1971, Dubai has transformed itself from a state dependent on oil and gas to a broadly diversified economy based on international trade, banking, tourism, real estate and manufacturing.

Global Economic Hub

Dubai is at the center of a region that is emerging as a major force in the global economy. Stretching from North Africa to South Asia and the Caspian to South Africa, this region includes 42 countries, some of which are the fastest growing emerging markets in the world.

Broad Based Economy

Dubai has emerged as a leading regional commercial hub with state-of-the-art infrastructure and a world-class business environment. It has now become a logical place to do business in the Middle East, providing investors with a unique and comprehensive value-added platform.

Since the formation of the United Arab Emirates in 1971, Dubai has transformed itself from a state dependent on oil and gas to a broadly diversified economy based on international trade, banking, tourism, real estate and manufacturing.

Political and Economic Stability

Dubai is part of the United Arab Emirates, which has established a reputation for being a low crime and politically stable country. The UAE’s ability to withstand the impact of the global financial crisis shows the financial and financial stability of the UAE.

Several steps taken by the government to promote recovery from the crisis have led to deposit growth and capital inflows, more activity in the markets and an increase in indices. Dubai’s developed banking system ensures extensive credit facilities and sufficient liquidity. The state has shown a consistent commitment to business-friendly and liberal economic policies.

An Open and Free Economic System

Dubai’s open economic policy, minimal government control and regulation of the private sector have played a key role in attracting extensive foreign direct investment (FDI).

Businesses in Dubai do not pay direct taxes on corporate profits or personal income (with the exception of oil companies which pay a flat rate of 55% and branches of foreign banks which pay a flat rate of 20% on net profits generated in Dubai ). Customs duties are low at 4% with many exceptions. Businesses can take advantage of 100% return of capital and profit. There are no foreign exchange controls, trade quotas or barriers. A fixed exchange rate exists between the US Dollar and the United Arab Emirates Dirham (US$1.00=AED 3.678). Liberal visa policies allow the easy importation of expatriate labor of various skill levels from almost anywhere in the world.

First Class Infrastructure

Dubai’s policy of investing heavily in its transport, telecommunications, energy and industrial infrastructure has significantly improved its attractiveness to international business.

The Emirate has seven industrial zones, one business park and three highly successful specialized free zones, two world-class ports, a major international airport and cargo village, a modern highway network, state-of-the-art telecommunications, a Rapid Transit scheme and recently launched. System (Dubai Metro) and reliable power and utilities, all of which provide efficiency, flexibility, reliability and cost efficiency.

Competitive Cost Structure

Apart from a favorable tax environment, companies in Dubai can obtain significant cost advantages due to the absence of foreign exchange controls and trade barriers or quotas.

Similarly, costs in other areas such as import duties, labour, energy and financing are competitive according to international standards. Historically high real estate costs have been corrected and are currently competitive.

Extensive Foreign Trade Network

Dubai has an extensive foreign trade network, giving investors a wide choice of potential global marketing outlets for a diverse portfolio of goods and services. As a city in the United Arab Emirates, Dubai is also part of the world’s third largest export and re-export center, after Hong Kong and Singapore.

A Multicultural Community of Skilled Professionals

Expats make up over 80 percent of Dubai’s population, with over 150 nationalities working and living harmoniously in a safe, almost entirely crime-free environment.

Dubai attracts a highly skilled workforce, which is absorbed by the growing number of international companies, professional service firms and financial institutions. Expats enjoy tax-free salaries, schools accredited to international standards, a high standard of healthcare and excellent leisure facilities – including eight championship golf courses.

A Fertile Market for Specialist Financial Services

The increase in assets and the huge increase in private and institutional wealth in the region has created a huge demand for specialist financial services.

Dubai is the perfect base to target opportunities in a market hungry for new financial products tailored to regional investor preferences and risk requirements. International and regional players establishing themselves in Dubai are now perfectly positioned to tap into the vast long-term potential of the regional market for financial services market growth.

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