Dubai’s economic evolution is the secret of its success

Dubai’s economic evolution is the secret of its success. That’s according to the organisers of the Dubai Investment Forum, who say the Emirate has dramatically diversified its economy since 2008-9. And its economy has grown at an average rate of 4%, despite slow global growth.HE Sami Al Qamzi, Director General of DED, stressed the success of Dubai's growth and its various initiatives to attract foreign investment in his address at the Forum. “The highlight of the structural transformation that Dubai underwent over the last few decades is the city’s evolution as a trade, investment, services and knowledge hub. Its state-of-the-art infrastructure and business-friendly regulations, along with a demonstrated ability to adapt to investor needs and changing global economic patterns, have set Dubai apart among regional and international hubs”.The Emirate is also changing its policies on public-private participation to encourage international stakeholders, with infrastructure projects needed for Expo 2020 proving particularly popular. The Forum aims to attract international investors to existing, new and emerging opportunities across Dubai.