Dubai Ranks Highest Ever in Financial Rankings: Time is Ripe For Business Setup

Payal Thakkar
3 min readOct 2, 2019

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The Government of Dubai’s Media Office, in a statement, proclaimed that Dubai ranked even better in the financial rankings globally. The City of Gold has reportedly risen in the GFCI or Global Financial Centres Index to the eighth position, representing its highest ranking to date.

The latest ranking screeches Dubai to stand tall beside the other global financial big bros of the planet like New York, London, Singapore, and Hong Kong. This increment makes Dubai the only commercial center from MEASA or Middle East Africa and South Asia region to appear in the top 10 global rankings.

Goes without saying, the time is ripe if you’ve been looking for business setup in Dubai. With exceptional opportunities for growth, the commercial landscape is more fertile than ever to scatter seeds of potential businesses.

As reported by media outlet Gulf News, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC was quoted as saying-

“DIFC is one of the key initiatives at the forefront of Dubai’s new phase of growth and its efforts to create a business and investment environment that rivals the world’s best.

“The city’s steady ascent in rankings has been driven by DIFC’s remarkable success in building an ecosystem that fosters financial industry growth.”

Why is Dubai One of the Best Places for Business Setup?

Generically speaking, Dubai is located in a strategically advantageous location in the Middle East, gaining the Emerite access to some of the most formidable economies globally like those in Europe and the Americas. It is adequately connected to those economic-powerhouses via water and airways enabling good business.

Not only this, the Government of UAE also ensures specific measures that make Dubai a lucrative business hotspot like the rules of company setup, ownership options, and other legal formalities.

There are as many as 2,200 registered active businesses/companies with 24,000 plus professionals employed by them, according to media outlet Gulf News. This makes it clear, the economic-powerhouse Dubai International Financial Centre is, and it makes it the most variable pool of talents in the region.

How Can Business Link UAE Help You With Business Setup in Dubai?

Business Link UAE delivers unparalleled business consultancy services at the best rates in Dubai. Professionals at BL UAE are experts in their industries, providing time-tested and expert services regarding all the legal formalities of company formation in Dubai.

Here are some of the most sought-after business setup services you can get from Business Link UAE in Dubai-

Pro Services:

services related to document attestation, employment visas, trademark registration, passport validations, business license renewals, and translation, among others, are provided.

Company Liquidation

Difficulties running or keeping the company afloat? It happens. With company liquidation service from BL UAE, you can rest assured all processes will be done at the earliest at the best price.

Branch Office Setup

Branch office is one of the most successful business entities out there in the UAE, and we at BL UAE have got you covered.

Mainland Company Setup

Looking forward to setting up a company in Dubai mainland? We are one of the oldest business consultancy services in Dubai, and we will help you navigate the complexities to setting up a business in the mainland.

Free Zone Company Setup

See your free zone company birthing in Dubai or any Emerite for that fact, in the shortest time possible. Free Zones continue to remain the first preference for several entrepreneurs and international businesses for the benefits in tax and transaction it offers.

Also Read:

What Formalities to Ensure Before Company Formation in Dubai?

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Payal Thakkar

Payal is working as a digital marketing expert for one of the leading business consultants in Dubai. She has 3+ years of experience in SEO & digital marketing.