Several family businesses and firms have moved their global head offices to Dubai in the last 18 months as the emirates give innumerable advantages of new trends in the post-COVID period, one of the senior officials said on Wednesday.Â
On the first day of the capital market summit, which was held on Wednesday. The chairman of Dubai Financial Market and the director general of the Department of Economy and Tourism Helal Saeed Almaari said that determined to look at how to move forward and to become a business-friendly place for businesses compared to other places in the post-covid era and also as a part of D33 Agenda. Dubai further looked into how to maintain costs over a long phase, become more competitive, manage demand and supply, and check out the security safety, and forbearance aspects.
Almarri said that today we see the energy and flow of that. In the last 18 months, several companies determined to select Dubai as the international hub and function out of Dubai to the world. Among them, many companies have decided to leave their home markets for the very first time and to move global head offices to Dubai. Wherein we see numerous founders and entrepreneurs have decided to re-domicile or move to Dubai.
Further, he said that these trends were around the fundamental building blocks of the D33 strategy which is to be the no. one talent hub in the world. However, it was critical if the finest talents wanted to live and work here and create here because the chances are higher that founders and corporates of various types of companies will be successful.
 The Dubai International Financial Center (DIFC) is one of the prime global financial centers in the Middle East, Africa, and South Asia (MEASA) region states that the Emirates is the home to more than 120 of the world’s richest individuals and families, With a total net worth of crossing $ 1 trillion therefore many firms are moving their global head offices to Dubai. It’s said that DIFC aids Dubai to get to the position of being the number one city in the Middle East, Africa, and South Asia region and be in the top 22 cities globally in terms of the richest populations.Â
Dubai has gained the attention of professionals and has attracted them and the finest talent around the world in the post-COVID period, especially after the coming up of the golden visa including the ease of doing business regulations that assisted in attracting business families and new sectors of businesses to relocate in Dubai. Hence many firms are shifting their global head offices to Dubai.
