About Dubai

Dubai has become one of the most popular destinations in the world to do business. While Dubai’s wealth initially came from oil industry revenues, in recent years its economy has become more diverse and oil revenues account for less than two-percent of its GDP.

At present, the most prominent industries in the country are real estate and property development, as government economic planners decided to shift Dubai’s focus to a service-oriented economy with a focus on promoting tourism. As a result, the emirate has become one of the world’s fastest-growing cities, attracting attention for its megaprojects, which include the Jumeirah Palm, the biggest man-made island in the world and the Burj Khalifa, the tallest man-made structure.

But Dubai has also successfully promoted itself as the business gateway for Africa and the Middle East. In order to promote foreign investment, it has set up industry-specific free-trade zones where businesses can operate while enjoying financial incentives. The most prominent of these include the Dubai Internet City, which has attracted IT companies such as Microsoft, IBM and Oracle Corp as well as media groups like AP, Reuters, CNN and CNBC, and the Dubai Outsourcing Zone, where companies who are engaged in outsourcing activities can operate with financial concessions provided by the government.

Also acting as a draw for investors is the Dubai International Financial Centre, which is intended to help businesses gain access to the region’s emerging markets. The DIFC was established as an independent jurisdiction, meaning that it has its own legal and court system which has jurisdiction over areas like commercial and corporate law, employment, and securities and civil law.





Companies & Institutions

Contact Us

S.F.Y. Management & Consulting FZE

SFY Management and Consulting FZE
Level 14,Boulevard Plaza Tower 1,
Sheikh Mohammed Bin Rashid Boulevard.
Downtown Dubai.
Dubai , United Arab Emirates.

Swiss Tel: +41 44 586 17 12
Dubai Tel: +971 4 368 0831
Dubai Fax: +971 4 455 8556
info@dubaibankingadvisors.com

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