Dubai leads the way to a post-COVID-19 economy

  • Date: 02-Mar-2021
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Dubai leads the way to a post-COVID-19 economy

Dubai has an enviable reputation for all things bold, glamorous, tall, large, and the ‘you name it' so to speak. However, there is something else that has drawn keen eyes from around the world to this city of undiminishable vision and grit, and that is its head start towards a post-Covid economy.During a global pandemic, if any country has managed to walk the talk on seeing the glass half full it most certainly was the UAE. Gary Reader of KPMG in a recent blog said, “Uncertainty doesn't have to mean paralysis”. Dubai is a testament to that. The UAE has been a haven for investors around the world. According to the World Bank's Doing Business 2020 report, the country was listed in the top 20 in the world for the ease of doing business.Being able to set up a company in about seven days and getting a visa in three when many developed countries around the world are further tightening restrictions in response to the pandemic is nothing short of remarkable. If you know any other country where this is possible in the current climate, please let me know because I sure don't.The main differentiator between Dubai and other financial