Where Global Investors & Entrepreneurs Shape The Future · 2015 14.9 M 2016 8.06 M H1/2017 20 M* 2020 DUBAI VISITOR GROWTH DUBAI GDP CONTRIBUTION 2016 19.2% OTHER 10.6% FINANCIAL

Where Global Investors & Entrepreneurs Shape The Future

DUBAITHECITY

DUBAITHEGATEWAY

DUBAITHEHUB

FUTURE-READY REGULATION

RESPONSIVE PUBLIC INSTITUTIONS

STABLE RISK ENVIRONMENT

A MAGNET FOR TALENT

SOCIAL CAPITAL PROMOTES TRUST

HAPPY, HEALTHY PEOPLE

SCALABLE INFRASTRUCTURE

UNPARALLELED MARKET ACCESS

PRODUCTIVE VALUE NETWORKS

ACCELERATING POSITIVE CHANGE

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TABLE OF CONTENTS

Dubai has transformed its business environment to become the preferred location for global investors and entrepreneurs shaping the future. Dubai’s economic ecosystem empowers businesses large and small to maximize profitable growth, forge lasting partnerships, and lead global markets with impactful innovation.

Dubai Government’s concerted efforts – including multiple aspects of future-ready governance, development of human capital, increasing connectedness, and fostering innovation – have positioned Dubai as the pre-eminent global location for fast-growth businesses that transcend geographical barriers.

Today, Dubai is the preferred global Foreign Direct Investment destination for more than 70 per cent of Fortune 500 companies and new economy entrepreneurs alike.

MAKE DUBAI ADVANTAGE YOUR BUSINESS ADVANTAGE

Explore opportunities for growth, partnership, and innovation in Dubai, the city of the future, the gateway to growth markets and the global business hub.

47.5%OF GDP FROM TRADE,

LOGISTICS AND MANUFACTURING BETWEEN 2013 AND 2016

8 dubaiadvantage.com

“DUBAI HAS A HIGHLY

DIVERSIFIED ECONOMY ”

Dubai’s diversified, investor-centric and innovation-driven economy has been constructed in consonance with the Dubai Plan 2021, which aims to make the city a dynamic engine of local, regional and global economic growth, trade and innovation. A well-earned reputation for political, social and economic stability makes Dubai one of the world’s most attractive places in which to do business.

89%OF GDP IS FROM NON-FINANCIAL CORPORATIONS

2.8%GDP GROWTH

IN 2016

Prudent policies have ensured domestic resilience despite regional economic turbulence and global setbacks. A stable macro-economic environment, diversification and sustainability policies, growth strategies and infrastructure initiatives fuel outstanding economic performance.


DUBAITHECITY

THE CITY OF THE FUTURE Dubai continues to build on the foundation of a robust legislative and regulatory framework to provide reliable digital, social and financial infrastructure relevant to a high-growth global economy. It is one of the world’s most connected cities, with future-proofing built into all new projects. Its consistent strategic investments in 360-degree development have ensured its transition from a dependence on oil revenues to an economy propelled by industrial production, services and knowledge.

As a Smart City, it fosters a higher quality of lifestyle for happy, innovative and empowered people from around the world, with high rankings on globally recognized indicators on infrastructure, ease of doing business, competitiveness, prosperity, innovation, livebility and, now, happiness. A rich, diverse culture makes Dubai one of the world’s most preferred places to live, work and play for creative people from more than 200 countries.


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13.2 M

2014

14.2 M

2015

14.9 M

2016

8.06 M

H1/2017

20 M*

2020

DUBAI VISITOR GROWTH

DUBAI GDP CONTRIBUTION2016

19.2%OTHER

10.6%FINANCIAL CORPORATIONS SECTOR

11.6%STORAGE AND TRANSPORTATION

10.1%REAL ESTATE & PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES

9.5%MANUFACTURING

5.1%ACCOMMODATION AND FOOD SERVICE ACTIVITIES

6.4%CONSTRUCTION

27.5%WHOLESALE AND RETAIL TRADE

THE GATEWAY TO GROWTH MARKETS

With future-ready infrastructure providing access to two-thirds of the world’s most attractive growth markets, Dubai has developed its geographical location advantage. The infrastructure is highly developed, with ports and airports serving as some of the most active gateways into the region for business, commerce and tourism. It is the chosen regional headquarters for 70 percent of Fortune 500 companies.

Regionally, with its reputation for stability, reliability and a low-risk environment, Dubai acts as the gateway to the Middle East, Asia and Africa. It consistently ranks at the top of the region on the indicators related to governance, government effectiveness, political stability, quality of regulation, and the rule of law. It is a key driver of accelerating movement of knowledge, capital, goods, services and talent.


DUBAITHEGATEWAY


TONNESAIRFREIGHT MOVED THROUGH

DXB AND DWC IN 2016

AIRLINES DIRECTLY CONNECTING DUBAI

TO 260 DESTINATIONS

BY 2020 ETIHAD RAIL (UAE) WILL SPAN 1,200 KM

INCLUDING 75 KM OF METRO AND A TRAMWAY OF 14 KM


JEBEL ALI PORT, THE NINTH LARGEST PORT IN THE WORLD, HAS A CAPACITY OF 18 MILLION

TEU (2015) AND SERVES 180+ SHIPPING LINES

WEEKLY FLIGHTSTHROUGH DUBAI AIRPORT


DUBAITHEHUB

THE GLOBAL BUSINESS HUB

Fundamentally sound and effectively connected to the markets with the greatest growth potential, Dubai Plan 2021 visualizes Dubai as one of the world’s leading business hubs, the most business-friendly economy in the world, and a preferred location for global headquarters of the largest corporations. As economic activity inexorably shifts eastward, Dubai is positioned to become the epicenter of trade flows, harnessing its natural advantages to become the node through which the world’s wealth and talent flow.

Efficient access to growth markets, strong presence at the frontiers of technological advance, leadership in resource innovation, robust forms of economic and social resilience and the ability to forecast and harness changing socio-political dynamics to drive productivity and human well-being make Dubai the hub of an evolving global business firmament.


> 100M2030

200M

84.5M2016

> 100M2020

NUMBER OF PASSENGERS THROUGH DXB AND DWC

Source: Dubai Airports, Dubai Statistics Centre


DUBAI TRADE GROWTH 2005–2017/Q1

$132BN

$256BN

$338BN$347BN

$88.94BN

2005 2008 2012 2016 2017/Q1


FUTURE-READY REGULATIONAgility is built into Dubai’s future-ready regulatory environment as the city implements an agenda of socio-economic resilience. The rapid pace of development is underpinned by a transparent, sophisticated, reliable and adaptable regulatory framework as a platform for growth. Dubai has followed a collaborative policymaking approach to create regulation that is investor-friendly, oriented to supporting profitable growth and protecting intellectual property.

WORLD BANK RULE OF LAW INDICATOR

UAE RANKS 45 AMONG 192 COUNTRIES, WITH A SCORE OF 0.71 ON A POSSIBLE TOTAL OF 2.5

1 192

WORLD BANK EASE OF DOING BUSINESS

RANKING IMPROVED FROM 34 IN 2016 TO 26 IN 2017

20172016


RESPONSIVE PUBLIC INSTITUTIONSUnlike governments daunted by legacy systems, Dubai’s public institutions competently, seamlessly and expeditiously enforce and monitor policy implementation, particularly the aspects that facilitate the investor journey. The efficiency and innovation of Dubai’s public institutions translate into the productivity and reliability of the systems they design and manage. Policy is matched to business requirements to ensure economic growth in key sectors and to deliver a world-class investor experience – from the clarity and efficiency of processes to the effectiveness of enforcing regulation.

WORLD BANK GOVERNMENT EFFECTIVENESS INDICATOR

UAE RANKS 18 AMONG 192 COUNTRIES WITH A SCORE OF 1.54 ON A POSSIBLE 2.5

1 192

1 192

WORLD BANK CONTROL OF CORRUPTION INDICATOR

UAE RANKS 31 AMONG 192 ECONOMIES, WITH A SCORE OF 1.12 ON A POSSIBLE 2.5

32 33dubaiadvantage.com dubaiadvantage.com

WEF GLOBAL COMPETITIVENESS INDEX 2016-2017

UAE RANKS 16 AMONG 138 ECONOMIES

1 138


STABLE RISK ENVIRONMENTIn an environment of increasing geo-political uncertainty, Dubai continues to be the rock of political, economic and social stability in the immediate region and the world. Dubai understands that such stability promotes business resilience over a long-term horizon and consistently tries to anticipate, prepare for and proactively mitigate the sources of risk. Strong public sector capabilities in the management of complexity and uncertainty increase the quality of services to investors and ensure a level of confidence.

WORLD BANK POLITICAL STABILITY AND ABSENCE OF VIOLENCE/TERRORISM INDICATOR

UAE RANKS 52 AMONG 194 COUNTRIES, WITH A SCORE OF 0.76 ON A POSSIBLE 2.5

1 194


A MAGNET FOR TALENTOptimizing the correlation between development and talent, Dubai proactively identifies human capital needs in diverse domains and then attracts and develops high-quality talent at a competitive cost. A collaborative mechanism between government, business and academia enables Dubai’s talent pool to meet private sector requirements. Intelligence and foresight prepares the city to meet future needs. Dubai is investing in an ecosystem that facilitates knowledge transfer and raises workforce quality, thereby optimizing return on investment for investors.

INSEAD GLOBAL TALENT COMPETITIVENESS INDEX 2017

UAE RANKS NO. 1 IN THE MENA REGION AND 19 AMONG 118 COUNTRIES IN ABILITY

TO GROW, ATTRACT AND RETAIN TALENT

TARGETING 40% INCREASE IN KNOWLEDGE WORKERS BY 2021

$20BNRENEWABLE ENERGY

$34BNCLEAN ENERGY PROJECTS

$82BN $1.6BNINNOVATION INCUBATORS

$11BNAVIATION R&D AND MANUFACTURING

$1.6BNACADEMIC RESEARCH CENTERS

$5.5BNSPACE SECTOR INVESTMENT

$8.5BNR&D IN PRIORITY SECTOR


SOCIAL CAPITAL PROMOTES TRUSTDubai is the creative focal point for people from an unparalleled diversity of cultures. This is the reason for the city’s emphasis on policies that cultivate and promote societal trust through its public institutions. This makes for effective business relationships based on understanding and confidence. Dubai understands that a high level of interpersonal trust through enforcement of agreements results in increased productivity, reduced transaction costs and a favorable long-term business outlook.

EDELMAN TRUST BAROMETE 2017

UAE IS NO. 2 AMONG 28 POLLED COUNTRIES WITH PUBLIC EXPRESSING “A HIGH LEVEL

OF TRUST IN THE GOVERNMENT”


HAPPY, HEALTHY PEOPLEAs a diverse globalized location, Dubai has envisioned ‘A City of Happy, Creative and Empowered People’. The Dubai Plan 2021 focuses on the “pursuit and promotion of education and personal development, and the attainment of healthy lifestyle, to enable people to play an active, productive and innovative role in all aspects of the society and the economy”. Dubai constantly aspires to enhance the degree of social well-being and the quality of living standards as drivers of a more positive and productive environment that attracts and retains people necessary for business to flourish.

EIU GLOBAL LIVABILITY RANKING 2017

DUBAI RANKS NO. 1 IN MENA AND IS AMONG THE TOP TWO BIGGEST IMPROVERS WORLDWIDE IN FIVE YEARS


LEGATUM PROSPERITY INDEX 2016

UAE RANKS 41 AMONG 149 COUNTRIES

1 149

MERCER QUALITY OF LIVING INDEX 2017

DUBAI RANKS 74 GLOBALLY AND NO. 1 IN MENA


PUBLIC TRANSPORT SERVICES

IN DUBAI (Q1/2017)

SHARE OF PUBLIC TRANSPORTIN PEOPLE’S MOBILITY

METRO & TRAMPASSENGERS

TAXIPASSENGERS

PUBLIC BUSPASSENGERS

V

FIXED LINESIN ICT INFRASTRUCTURE 2017

IN TECHNOLOGY IOT (INTERNET OF THINGS) CONTRIBUTE

TO DUBAI’S ECONOMY BY 2020

ACTIVE MOBILE SUBSCRIPTIONS

UAE RANKED FIRST WORLDWIDE IN MOBILE NETWORK COVERAGE 2017

TO MAKE DUBAI THE HAPPIEST CITY

ON EARTH

GOVERNMENT SERVICES

WILL GO SMART IN 2017

INITIATIVES LAUNCHED

IN 2014


SCALABLE INFRASTRUCTURE Dubai continues to build sophisticated and reliable digital, soft and physical infrastructure designed to enable uninterrupted economic growth. It is one of the world’s most connected cities, with future-proofing built into all new projects. These include the “hard infrastructure” such as roads, railways, utilities, logistics facilities, and industrial and manufacturing facilities. The city also emphasizes the development of “soft infrastructure” in the form of law enforcement and civil services, a robust financial system, education, health care and social welfare services, and cultural and recreational options. Digital infrastructure development has been rapid and all-pervasive, maximizing automation, streamlining processes, and ensuring transparency.

AKAMAI STATE OF INTERNET CONNECTIVITY Q1 2017

UAE RANKS 22 GLOBALLY IN AVERAGE PEAK CONNECTION SPEED

UN ICT DEVELOPMENT INDEX 2016

UAE RANKS 2 AMONG ARAB AND GCC STATES;

5 IN THE WORLD FOR MOBILE CELLULAR SUB-BASKET;

8 IN THE WORLD FOR HOUSEHOLDS WITH INTERNET ACCESS


UNPARALLELED MARKET ACCESSBlessed with a geographical position that makes it the center of the physical world, Dubai has built on this advantage by providing efficient connections to key growth markets – regionally as well as globally. The infrastructure related to regional and international trade agreements, a business-friendly export-import environment, and efficient logistics services facilitate access to large and attractive markets. As more and more businesses transcend geographical barriers, Dubai has anticipated and implemented a trade-friendly environment that positions it as the key gateway to the region and a hub for global trade flows.

WORLD BANK LOGISTICS PERFORMANCE INDEX

UAE IS NO.1 IN MENA


MASTERCARD GLOBAL DESTINATION CITIES INDEX 2016

WITH A VISITOR SPEND OF USD 31.3 BILLION, DUBAI IS NO. 1 IN THE WORLD

ICC OPEN MARKETS INDEX 2017

UAE RANKS 8 AMONG 75 GLOBAL ECONOMIES

1 75

MASTERCARD GLOBAL DESTINATION CITIES INDEX 2016

DUBAI IS 4 AMONG 132 CITIES, PLACING IT AMONG THE TOP FIVE GLOBAL DESTINATION CITIES

1 132


PRODUCTIVE VALUE NETWORKSDubai provides ready access for investors to tap into diverse, trustworthy and high-quality value networks with a high degree of depth, breadth and dependability. The government works as a connector to induct quality participants, conducting gap assessments for priority sectors and benchmarks. Investors in Dubai find ready access to suppliers, buyers and knowledge providers that they require, encouraging price competition and cost-efficiency. The city has a vibrant ecosystem of resources and knowledge that leads to a higher innovation capability.

HARVARD MIT ATLAS OF ECONOMIC COMPLEXITY 2015

UAE IS 54 AMONG 124 COUNTRIES

1 124


ACCELERATING POSITIVE CHANGEDubai is strategically committed to cultivating a culture of innovation and its constant application and adoption by commerce and industry ecosystems. Implementation is the bedrock of a strategy that systematically attracts participation from all over the world in Dubai’s future growth milestones, allowing innovation to be efficiently absorbed into the city’s economy. The government acts as the driver of innovation through specific policies that create economic space for innovators, start-ups and SMEs. An entrepreneur-friendly culture brings together policymakers, enterprises, academia, business, finance and others by rewarding creative thinking and capability development for an innovation hub.

DUBAI IS TAKING A REGIONAL LEADERSHIP POSITION IN THE DEVELOPMENT OF A GREEN ECONOMY

GLOBAL INNOVATION INDEX 2017

UAE IS RANKED NO. 1 IN MENA AND 35 AMONG 127 COUNTRIES


ENROLMENT GROWTH YEAR-ON-YEAR

PRIVATE SCHOOLS TEACH ENTREPRENEURIAL SKILLS STARTING FROM GRADE 6.

72% OF ACTIVITIES FOCUS ON GENERATING NEW IDEAS AND DEVELOPING BUSINESS SKILLS

HIGHER EDUCATION INSTITUTES

60,310 ENROLMENTS 2016/2017 SCHOOL YEAR

SMART LEARNINGINITIATIVE LAUNCHED IN 2012 TO IMPROVE TECHNOLOGY IN SCHOOLS ACROSS THE UAE


$27.4 BN DUBAI GREEN FUNDTO SUPPORT AND FINANCE CLEAN

ENERGY PROJECTS BY 2020

$13.7 BNTO BE INVESTED

IN 5000MW MOHAMMED BIN RASHID AL MAKTOUM SOLAR PLANT BY 2030

SHAMS DUBAIDEWA FIRST IN REGION TO

INTRODUCE NET-METERING FOR SOLAR POWER GENERATION

$136.9 M TO BE INVESTED

IN CLEAN ENERGY R&D LABS BY 2020

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Documents

Where Global Investors & Entrepreneurs Shape The Future · 2015 14.9 M 2016 8.06 M H1/2017 20 M* 2020 DUBAI VISITOR GROWTH DUBAI GDP CONTRIBUTION 2016 19.2% OTHER 10.6% FINANCIAL