UAE lucrative market for investors

Inayat-ur-Rahman, Business Editor

The Expo 2020 Dubai is truly a unique experience that brings together the world and the endless possibilities it holds. It is the world’s biggest cultural gathering. The mega event is a breathtaking activity, which has added more flavour to the UAE’s economic growth bucking the global trends.

This was revealed by Seif El Hakim, Co-Owner and Group Vice Chairman, Momentum Group, during an exclusive interview with Gulf Today, adding that the Emirates remains a lucrative market for local and global investors.

He mentioned that the country presents a favourable business environment for investors and excellent infrastructural facilities coupled with professional expertise and personalised services give the UAE an edge over other countries.

“Many steps and actions the country’s wise and visionary leadership has taken to make it a global business hub as by allowing 100% foreign-owned businesses, offering extended visas for entrepreneurs, providing funding and support for smaller businesses, variety of business premises, skilful talent and labour, investment incentives, open economy and  social stability,” Hakim added.

Hakim pointed out  that the UAE leadership approach and established infrastructure was the key in response to the COVID crisis, and the effective and strong tool to come out of it. The pillars of the UAE’s crisis management included great governance, integrated utilisation of public & private partnerships and a global workforce of excellence - these pillars with the proactive leadership made UAE come out of the crisis.

Answering a questions about expansion plans, Hakim disclosed that the UAE has been always close to his heart, Dubai is a hub and will always be a hub and he is  very excited on  UAE expansion plans.

“The business will start in Dubai in different verticals such as Real Estate, Tourism, Event management, Marketing and Management consultancy and Coaching, Mentorship & Public speaking activities in the field of success, entrepreneurship, and leadership.” Hakim concluded.