International firms are continuing to flock to Dubai to take advantage of its superior infrastructure and dominance as a regional financial hub, the Dubai Financial Services Authority (DFSA) reveals.
Speaking to Emirates Business yesterday (March 17th), group board member Lord David Currie said that there was continual investment in commercial property in Dubai to capitalise on regional growth opportunities.
"Fundamentals here are good. Dubai is a major international business centre; infrastructure here is very strong," he told the news agency.
He added that Dubai is at the forefront of Gulf prosperity and expressed his confidence in the long-term growth prospects for the emirate's economy and its counterparts throughout the region.
The DFSA has recently been involved in a number of high profile meetings that will strengthen the Dubai International Finance Centre's economic ties with countries including the Netherlands, Sweden, Taiwan and other UAE financial centres and free trade zones emirates such as Ras Al Khaimah.