Monday 10 November 2014

What Is So Special about it .

In associate degree Arabia region that makes a lot of headlines for wars and security problems than as a vacation destination, port has managed to show itself into a hub for business, career opportunities and life vogue. what's its secret?

Highest, Biggest, Richest, this town is all regarding superlatives. snuggled between ocean and desert, North and South, East and West, it appears bold-faced in its intent of turning into the centre of the planet itself.

So much of this success appears to be coupled with the eagerness, Vision, and Leadership of the enlightened monarchs of port and therefore the UAE.

Pictured here celebrating the award to port and therefore the UAE of the exposition 2020 event is His Highness sheik Mohammad Bin Rashid Al Maktoum, Ruler of port, Prime Minister and Deputy President of the UAE.

The Leadership of the UAE has managed to position the country as a novel land of chance. a part of this comes additionally from maintaining broad friendly international relationships in what has become a particularly advanced, to not say completely confusing international political landscape. maybe an honest thanks to perceive this can be to concentrate to sheik Mohammed's landmark BBC interview. this can be a rare example of political courageousness during this day and age and additionally offers you a glimpse of the Vision behind the UAE and therefore the port story.

Leading on from the Vision, what makes port thus special in practice? There square measure 3 reasons why port occupies a number one business position within the Middle East:

1. Each region desires one hub



Did you recognize that within the 1960’s, capital of Lebanon was the monetary, industrial and cultural capital of the region? "Thanks" to the warfare that started in 1975, the standing of economic hub stirred to Bahrain, that command it for several years, till “one day”, port became the place everyone talks regarding within the geographical region.

This move happened bit by bit, but 2004, once the planet Bank / United Nations agency conferences were command in port, is commonly cited as a turning purpose for port, even by those that lived here Before and once. And currently with the planet exposition returning to port in 2020, port is taking another daring step in its international ambitions.

On the hub purpose, at the chance of stating the geographically obvious, port (and the region) occupies a really strategic location between East and West, North and South. The port “catchment area”, i.e. inside a four hour flight, has a number of the world’s:
  •     Largest populations (India, Pakistan)
  •     Greatest wealth (GCC), and
  •     Strongest growth potential (Africa).

The distinction between port and alternative regional metropolises is that the speed at that the city-state’s leadership designed the infrastructure and therefore established a primary mover advantage from a supplying and infrastructure perspective.

2. The infrastructure is here and is future-proof

So many superlatives return to mind:
  •     World’s Best Airline (Emirates)
  •     World’s quickest growing airfield (CAGR of around 100 percent for twenty years!)
  •     one in every of the world’s largest ports.

Dubai International edged out London's Heathrow to become the busiest airfield globally for international passengers within the half-moon of 2014. Dubai's main hub handled eighteen.4 million international passengers within the half-moon compared to sixteen million passengers handled by Heathrow.

But it's the road system that strikes guests the foremost, whether or not they square measure regional or international. it's miraculous that the infrastructure has maintained with the urbanization and growth. And though port residents (like all over within the world) complain plenty regarding the traffic, all of them still like the port road system to the one back home, nearly despite wherever house is.

3. The standard of life



This is nearly as necessary because the infrastructure, if no more. once it involves attracting the simplest individuals, in a very world wherever the war for talent is raging a lot of and a lot of ferociously, port is well before the sport. Last year, it absolutely was voted third most well-liked country for United Kingdom expatriates (after North American nation and Australia), and happiest place within the Arab world to measure (and world’s ordinal happiest place overall). this can be supported a mixture of things that include:
  •  nice property provided by the situation, infrastructure and broad-minded society
  •  handiness of quality accommodation, education and attention, and
  •  o.k. developed cordial reception and assets infrastructure that creates port not solely an excellent place to go to as a tourer however additionally a nice one to measure and add.

According to the MasterCard international Destination Cities Index, port jumped before the big apple and Constantinople, to maneuver from seventh place in 2013, to be named the fifth most well-liked town within the world for international travellers. The emirate is calculable to receive nearly twelve million nightlong international guests in 2014, up 7.5% from 2013.

And finally, last however not least, just in case you uncomprehensible it, the port monetary Market (DFM) is up forty six.5% YTD creating it one in every of the simplest acting stock markets globally! Watch this area...

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