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Live and work in Dubai

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
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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
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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: GFCI
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Home to MENA investors

Dubai is home to one-third of all Middle East and North Africa (MENA) investors.

Source: DIFC
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1st

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: DMO
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1st

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 - Start-ups and Ecosystems
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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.

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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: GEI
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67%

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 FDI
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1st

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
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