The
Emirate of Dubai in the U.A.E. is one of
the great success stories
internationally in the process of
economic development. Traditionally the
trading hub of the Region, Dubai is now
extending its success into tourism and
knowledge based industries. Testament to
Dubai's arrival on the international
stage is hosting of the prestigious IMF/World
Bank meetings in September 2003.
His Highness Sheikh Mohammed Bin Rashid
Al Maktoum, Vice President and Prime
Minister of UAE and Ruler of Dubai, his
vision is to provide the best the world
has to offer. In the pursuit of
excellence the Government has always
looked upon the private sector as full
partners.
With no
personal corporate or sales taxes, foreign
direct investment has expanded strongly and mega
projects have become synonymous with Dubai's
development. Within the residential property
sector it has been Emaar's
master-planned communities that have
been a major contributor to Dubai's
economic development.
Dubai's strategic location is also a key
element in its success. The heart of one
of the worlds richest regions, Dubai is
located midway between the Far East and
Europe. Over 120 shipping lines and 100
airlines connect to more than 140 global
destinations. The award winning Emirates
airlines is ever expanding into new
destinations.
