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New York, London, Hong Kong and
now Dubai
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Located at the crossroads of the major international capital
markets of New York and London in the West and Hong Kong
in the East, Dubai is the complementary hub connecting
the region with a round the clock global financial network.
In the last decade, Dubai has emerged as a leading international
commercial and financial centre. It has become the third
largest re-export centre in the world. The strategic location
of Dubai, the flexible and favorable financial policies,
state-of-the-art infrastructure and easy access to large
and rapidly growing regional markets are just a few of
the many factors which have ignited Dubai's growth.
Dubai has developed the concept of on-shore special economic
zones with the creation of Free Zones for financial services,
media, technology and commodities, amongst others. These
special zones provide industry-specific world-class infrastructure
with 100% business ownership, no barrier on capital and
profits repatriation, no foreign exchange control together
with an extended tax holiday.
A pro-business environment with an outstanding record
of political stability, coupled with one of the fastest
growing economies (at an impressive rate of more than
5 percent per annum), investor incentives and protection
have made Dubai an extremely attractive proposition for
global businesses. Access to a vast population of 1.8
billion people with an economy - size of USD 1.5 trillion
in terms of GDP for the Middle East Asia, Indian sub-continent
and Africa, with close proximity to the developed European
markets, Dubai has become a regional base for most of
the Fortune 500 companies (with all top 10 having a sizeable
presence).
With a mature spot trading market in place for gold and
other commodities, commodities derivatives are a logical
next step in the development of Dubai market infrastructure. |
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©2008 Trust Securities DMCC
- Dubai.
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