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The number of digital startups Dubai is looking to lure to the emirate by 2024 environment by the World Bank ( you can start a business here in just four days following just 2-3 procedures ) and placed first in the world for attracting Greenfield foreign direct investment over the last two years .
The city continues to attract big tech players , with Amazon , Google , Cisco , Oracle , Dell and IBM all using Dubai as their headquarters for the MENA region . And its population has soared by 86,607 ( up 2.3 %) in the last year alone with estimates it will likely surpass 4 million by 2026 with nearly threequarters under the age of 40 .
Real estate is booming , with Dubai recently overtaking New York and Hong Kong to become the crowned the busiest $ 10-millionplus property market in the world , while the contribution of non-oil sectors to GDP has reached record highs , and job growth is rising at the fastest pace in seven years .
Add to this , developing legislation and a continued rollout of initiatives and programmes to support and grow entrepreneurs and startups , and it ’ s easy to see why the city is proving such a pull .
Little surprise then that the UAE was crowned the world ’ s best country for entrepreneurs in 2022 .
Dubai – opportunity knocks for startups “ The policies and initiatives implemented by Dubai ’ s authorities over the last five years , as well as the city ’ s geographical location between East and West , have made the city
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