The world's largest corporations are already in Dubai, and growing at a
tremendous pace. More are moving in by the day.
The reason for Dubai's success is illustrated in the foreword by Shaikh
Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance
& Industry-UAE, in the book Images of Dubai '92:
"At the crossroads of vibrant economic activity in the West and the
Far East, Dubai sits on the doorstep of a billion consumers. Although oil may
have significantly contributed to its prosperity, trade is still the lifeblood
of its custom. Open skies and a free trading environment continue to support
this trading culture. But as the needs of a changing world economic scene
evolve and manufactures worldwide focus their attention on the region, Dubai
is preparing to enhance its status as a major link in the global business
network."
The government of Dubai is singlemindedly pro-business, and is aware that
if it is to ride the economic high that is spreading through the Gulf, it must
continue to lead from the front. Which means having an infrastructure that can
accommodate rapid growth, and having laws that are both pragmatic and liberal.
In both these vital areas, Dubai is already way ahead of any city in the
region. Since its Federation in 1971, the United Arab Emirates has passed
several laws, both at the federal and local levels, for easy and equitable
transaction of business. Individual emirates are also authorized to issue laws
pertaining to certain areas, particularly those concerning trading activities.
By far the most business friendly laws and regulations in the Middle East are
to be found in the emirate of Dubai.
As for Dubai's infrastructure, the city offers the world's finest business
and leisure facilities. State-of-the-art communication networks, sprawling
roadways, superb public amenities, major 5-Star hotel chains, 3 PGA class
championship golf courses, a delightful nightlife, all adding up to a
charmingly cosmopolitan lifestyle. The information in this booklet will offer
international companies general guidance on how to set up a business operation
in the Middle East with Dubai as their base. It will also explain how the same
can be so much easier when you partner with one of Dubai's most prominent
business houses, the AlMoosa Group Investment L.L.C..
Though this home page may not contain information specific to the nature of
your business, the AlMoosa group's Legal Affairs department will provide the
initial assistance and advice free of charge, and so will our International
Affairs department which provides specific market information and invaluable
practical suggestions. Any other query that you may have will be gladly
answered by the relevant department head.