- ‘Invest,’ now on Apple Newsstand, has tips and testimonials on setting up business in Dubai
The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) has launched ‘Invest,’ a first-of-its-kind digital magazine on business and investment in Dubai, as part of its drive to connect with investors worldwide and attract greater global attention to Dubai’s strengths as a competitive hub.
Available on Apple Newsstand, the magazine opens up another innovative avenue for investors and businesses world over to have a closer look at Dubai as the centre of a wider region comprising fast-growing economies in the Middle East, Africa and the Indian Subcontinent.
The interactive news application (App) showcases the vast business and investment opportunities in Dubai while also celebrating the success of foreign companies in the emirate.
Public and private sector representatives will appear in successive issues of the magazine with testimonials and advice on life in Dubai and setting up businesses in the emirate for improved efficiencies and greater coverage of high growth markets.
“Dubai’s economic dynamism and its demonstrated confidence in breaking ground for new economic activities will continue to generate further interest across the global investor community. Invest is another useful interface provided by Dubai FDI for investors looking at Dubai,” commented Fahad Al Gergawi, Chief Executive Officer of Dubai FDI.
Al Gergawi added being part of the increasingly outward economic strategy of the UAE and the host city for the World Expo 2020 are significant factors that will keep Dubai under the global spotlight in the coming years as one of the best locations to live and do business.
Recently, market index compiler MSCI upgraded the UAE to an emerging market and A.T.Kearney ranked the country 11th among global FDI destinations, up two slots from 2013.
“As the best link to a vast consumer market of over 2.2 billion spread across the Middle East, North Africa and South Asia (MENASA) Dubai is already favourably positioned to leverage this growing investor interest on the UAE,” Al Gergawi said.
The launch issue of Invest focuses on Chinese companies using Dubai as a springboard into the fast-growing African markets. Dubai’s bid to ‘go green’ and lead the region in terms of environmentally-friendly business is also featured in the first issue.
Among other contents in the magazine, His Excellency Sami Al Qamzi, Director General of DED points out in an interview the steps being taken by the government to make doing business easier in Dubai while the chief of Airbus Middle East outlines the European planemaker’s plans to grow in the region and Rami Sulaiman explains how the logistics giant UPS has taken advantage of Dubai’s beneficial location to expand across the Middle East and South Asia.