Why Dubai Is So Rich
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May, 2023
Dubai's prime location at the crossroads of Europe, Asia, and Africa has propelled its global trading status.
Business-friendly environment, attracting foreign investments and promoting economic diversification.
Dubai reduced its reliance on oil revenue to less than 5% of GDP by diversifying its economy.
Dubai's government invested wisely in real estate, tourism, finance, logistics, and technology.
Dubai's iconic landmarks and luxurious hospitality make it a top tourist destination, contributing significantly to its wealth.
Dubai's tax-exempt free zones like DIFC and JAFZA attract businesses.
World-class infrastructure attract more investors.
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