Dubai expects to shine in times of volatility due to stability, talent attraction
Interest in the city is seen from family offices, hedge funds and tech sector
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[DUBAI] Towering skyscrapers, luxury megamalls, and sprawling beach resorts. Dubai has consistently been one of the top cities for expat migration, and it is showing no signs of slowing down.
Even as uncertainty in global trade relations and US tariffs weigh on business sentiments worldwide, Dubai will likely be able to grow due to its track record for stability and its ability to attract talent, said executives of Dubai’s special economic zone, the Dubai International Financial Centre (DIFC).
“Dubai is always an alternative place for companies who are seeking a safer platform to carry out their businesses (from),” noted Khadija Ali, chief representative for business development segments at the DIFC Authority.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore ’s Lim Kok Thay receives S$7.5 million pay package for FY2025