Dubai’s economy is on the rise

Dubai has experienced growth this year with data for the first quarter of this year showing an 11% rise from the previous quarter.

Dubai, the United Arab Emirates’ commercial center, has a population of 3.4 million people and is primarily reliant on businesses such as hospitality, tourism, retail, and transport.

In July 2020, Dubai led the way in reopening to tourists, becoming one of the first cities in the world to do so following a tight lockdown that saw residents confined to their homes and only allowed to leave with police authorization. By late summer, nightlife and recreational activities had resumed, with masks and social separation persisting as anti-Covid precautions.

The emirate became a hotspot for travelers seeking normalcy in the winter months, but a spike in Covid infections in February prompted many nations to issue travel warnings.

The UAE is well-positioned to anticipate stronger tourist numbers during the fourth quarter, with increasing worldwide travel and one of the world’s quickest vaccination programs, when mild weather and reduced Covid restrictions are likely to entice travelers from colder beaches.

Indeed, the emirate has implemented immigration and business changes to make it simpler for foreigners to live, work, and wholly control their enterprises in Dubai, without the need for a local partner.