Dubai primed to be global business hub


Dubai is among the cities which are quick, capable and productive in responding to opportunities, say new reports.The studies, released on the eve of UN World Cities Day, projected strong, positive and faster growth prospects for the emirate and also rated the city among the world’s top 10 to live in 2021.It said the emirate is quick, capable and productive in responding to opportunities.“Powers over land use and transport also mean they are far better equipped to enter into sustained partnerships with investors and developers,” it added.Global bank HSBC said in a city report that Dubai’s major economic and business reforms have led to significant improvements in its economic competitiveness and status as a global hub.“Business reforms are also supporting the city’s innovation ecosystem.

Dubai’s global corridor capability remains stable,” more...