Further, Dubai's open economic policy, minimal government control and private sector regulation have played an instrumental role in attracting vast foreign direct investment (FDI).
In order to further encourage foreign investment, a number of economic free trade zones have been established across the UAE, offering foreign businesses attractive concessions and a number of investment incentives.
Dubai has more than 45 free zones catering to a wide range of business sectors or activities, such as media (Dubai Media City), manufacturing (Jebel Ali Free Zone) and information, communication and technology (Dubai Internet City).
Dubai is also part of the worlds third-largest export and re-export centre, after Hong Kong and Singapore.
Expatriates comprise over 80 percent of Dubais population, with more than 200nationalities working and living together in a safe, multicultural and largely crime- free environment.
Dubai is ranked among the top 10 most popular business locations in the world, with the world largest companies operating in the emirate. Dubai improved its ranking in the 2014 The Banker (FT Business) of international financial centres to fifth place, preceded only by London, New York, Singapore and Hong Kong.
