How Dubai aims to double the economy over the next few years, establish itself as a global business hub and rank number one in quality of life
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, recently launched “Dubai Global”, an initiative to establish 50 integrated commercial representative offices for Dubai in five continents across the world during the next few years, as part of Dubai’s goal to position itself as one of the best business hubs in the world.
The UAE also rolled out incentives to attract 300 digital companies in a new FDI programme as part of the country’s wider campaign to position itself as a global hub for business.
Sheikh Hamdan said: “Our goal is to globalise our national companies, attract global investments and add new markets to our global business lines.
“We will double our economy over the next few years, establish the best business environment in the world and be number one in quality of life,” he added.
The UAE also rose to the top of global rankings in terms of overall business skills proficiency, according to Coursera’s Global Skills Report released in June 2022.
In last year’s report, the country ranked second in the world and led the Middle East and North Africa (MENA) region.
Learners in the UAE were placed in the top 100 percentile, compared to their peers globally, in several areas of business skills, such as leadership and management, strategy and operations, communication, human resources, and entrepreneurship.