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By Deepika BansalIn the competent economic global scenario, Dubai has risen as a global city and a business vertex. Although set up on the oil industry, the city's main economic yields are generated from the real estate, tourism and financial sectors. Large scale constructions and investments are increasingly attracting global attention in Dubai's economic scenario.
Dubai's strategic location caters favorably to its expanding economic horizons. A time zone transit between the Far East and Europe on the East-West Axis and the CIS and Africa on the North-South Axis, Dubai enjoys well consolidated trading connections with more than 1.5 billion professionals in the surrounding regions covering the Arabian Gulf, Middle East/Eastern Mediterranean, Central Asia, CIS, Africa and Asian sub-continent. Additional factors such as growing international trade relations, well placed local economy that enhances the revenue yields and sound accessibility further amplify Dubai's economic stability.
Dubai also enjoys a secure political and economic stance. The city upholds ample economic liquidity as it has liberal economic strategies that support favorable monetary gains for various companies and working professionals.