OUR LATEST ARTICLES

powerhouse-2.png
How Competitive is Dubai compared to other cities?

Did you know that Dubai is:

 

1st Globally in Enforcement of Transport Safety

2nd Globally in Airport Connectivity

3rd Globally in Integrated mobility

 

It’s unimaginable how a half-century-old city has reached significant milestones that every other older city desires to achieve. So, to help us visualize these milestones’ greatness, let’s learn the elements of competitiveness and how it gets measured.

 

Elements of Competitiveness:

  • The states’ published Statistics, Numbers, and Official Information
  • Laws, Systems, and Policies
  • Infrastructure and Public Utilities
  • Questionnaires and Views

Measuring Competitiveness:

  • Reports Framework (countries, cities, regions, institutions)
  • Standards’ Nature (political, economic, social, and cultural)
  • Report’s Objective (policies, regulations, infrastructure)

 

Dubai believes it is vital to monitor and continuously pursue

competitiveness because it enables:

  • Finding out the strengths and weaknesses of the local economy and identifying areas for improvement
  • Sustainability and growth that helps in acquiring bigger shares in the global markets and attract more direct foreign investment
  • To identify the best practices in the areas that need improvement, based on the international comparisons included in the global competitiveness reports – usually in compliance with certain indicators, as well as the successful programs, policies and projects that will subsequently lead to economic prosperity and growth.

 

You can explore more about this directly on the UAE’s government website through this link:

https://dco.gov.ae/Default/en

 

Want to know why this is important to understand as a Property Investor? Get in touch with the Powerhouse Team so we can help ease your investment decisions:

📩 marketing@powerhousedxb.ae

Found something interesting ?

Get in touch with our Dubai investment advisors

Get In touch

+971 4 408 7000

Monday to Saturday

Office Address : # 1303 & 2405

Marina Plaza, Dubai, UAE.

Email info@powerhousedxb.ae

Compare Listings

×

Hello!

Click one of our contacts below to chat on WhatsApp

×