Dubai the leader of world's emerging markets

According to Dubai Economic Council (DEC), Dubai is the most dynamic emerging market on an international scale.

Dubai’s diverse market, business friendly environment and competitiveness attract both domestic as well as foreign direct investment (FDI), establishing it as the Arabian Gulf’s top business hub and regional centre. However, in a recent delegation led by Deutsche Bank, Dubai was ranked amongst the leading dynamic emerging markets of the world.

Dubai believe that creating strong alliances and partnerships with both regional and international structures is essential for sharing advice, knowledge and gaining insight on a variety of issues.

The DEC has cooperated with numerous state entities, both locally and internationally, including top international companies and organizations like China Development Bank (CDB) as well as US Ex-Im Bank. These collaborations emphasize the coordination between Dubai and other countries as well as the similar visions and interests they share for the future.  

DEC is open to the idea of collaborating strategically with the Deutsche Bank. The DEC anticipates working beside the Deutsche Bank, due to its extensive experience and knowledge in the financial and banking sector.

Dubai is confident that it has the potential to maintain its economy not only within the area but also on an international level. the emirate’s confidence derives from its top-notch infrastructure, efficient financial and logistics services, present inclination towards the clean energy sector as well as the increasing development projects led by PPPs. All the above features contribute in making Dubai’s economy resilient.

Apart from the above factors, the DEC’s research proposes that the emirate’s financial maintenance is the key factor that will contribute to its development in the future. Another crucial point is the fact Dubai is the host of the EXPO 2020. Therefore, its long-term cooperation with the Deutsche Bank will benefit the emirate in terms of comprehending the Critical Success Factors (CSFs) required to sustain its financial stability. 

During the previous year, DEC set up the Global Financial Alliances Initiative, in order to establish a platform targeted for export agencies and leading international banks. The aim was to enhance infrastructure investment as well as international trade initiatives within the emirate. 

The Deutsche Bank is also looking forward to the opportunity of collaborating with the DEC in order to converse about the region’s economy.