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A dynamic, highly diversified economy
Thu, June 2, 2022
As the MENA region’s most diversified economy, Dubai is a magnet for foreign investment and a fast-growing hub for entrepreneurs.
As the MENA region’s most diversified economy, Dubai is a magnet for foreign investment and a fast-growing hub for entrepreneurs.
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1st
Ease of doing business
The UAE ranked first in the MENA region and 16th worldwide in the World Bank’s 2020 Ease of Doing Business report.
Source: World Bank
1st
Trade to GDP ratio
The UAE ranked first globally for trade to GDP ratio in 2021, according to the IMD World Competitiveness report.
Source: IMD World
1st
Best financial centre
Dubai ranked first in the MENA region and 19th worldwide among 114 cities surveyed in the 2021 Global Financial Centres Index.
Source: GFCI⅓
Home to MENA investors
Dubai is home to one-third of all Middle East and North Africa (MENA) investors.
Source: DIFC1st
Greenfield FDI projects
Dubai ranked first globally in greenfield FDI project attraction in 2021, up from third-place in 2020, with 418 greenfield FDI projects.
Source: DMO1st
Macroeconomic stability
In its 2020 Global Competitiveness Report, the World Economic Forum ranked the UAE first for macroeconomic stability and second for ICT adoption.
Source: WEF
Open new doors - Dubai’s world-class entrepreneurial environment offers a plethora of accelerators, incubation programmes and funding paths for innovators. The city’s competitive start-up ecosystem remains unparalleled, further boosted by government initiatives and a vibrant economy.
1st
Most entrepreneurial country
The UAE ranked first in the region and fourth worldwide in the 2020 Global Entrepreneurship Index (GEI), up from fifth in the 2019 report.
Source: GEI67%
High & Medium Tech FDI
High and Medium technology FDI projects witnessed significant growth reaching 67 percent of the total FDI projects recorded in 2021, compared to 56 percent in 2020.
Source: Dubai FDI1st
for VC funding
Dubai ranked first in the MENA region and 11th globally in fDi Intelligence’s Global Venture Capital FDI 2020 report.
Source: fDi Intelligence