The most popular industries in Dubai according to surveys conducted in recent years are IT and telecommunications. Some of the IT companies in Dubai include ACM, Iberia Calabrica, Secure Data International, Comper Systems, Datacom, Envirodesis and Sunbeam. Some of these companies have branches in other states of the UAE.

The telecommunications industry in Dubai includes call centers, telecommunications, telecommunications support, and the installation, maintenance, and repair of telecommunications equipment. Another lucrative industry here is the oil industry. Several refineries have been established here. They process crude oil and gasoline. There is also a thriving petrochemical industry, which is employing a good number of people.

The oil industry in Dubai has become very important to the national economy. Oil is transported to different parts of the world for refining and fuel distribution. This has caused an increase in the demand for skilled labor. This has led several companies to hire staff from neighboring states. It has also attracted people from all over the world to work and live in Dubai.

Some of the main industries in Dubai benefiting from the city’s development plan are the electrical, mechanical, chemical and carpet industries. The city’s wide range of connections with other countries and the ease with which it can become one of the major business centers in the Middle East are other factors motivating the city’s rise to greatness. The World Trade Center and Madinat Jumeirah have greatly contributed to the development of the city. The World Trade Center has connected this part of the world with countries other than Dubai.

Various educational institutions in Dubai have also benefited from the development of the city. Well-qualified teachers in the city are in high demand all over the world. This has made the education sector in Dubai very attractive. State-of-the-art universities, both private and government, have contributed significantly to the growth of jobs. Many of these educated people are working in multinational companies based in the city.

Several IT companies have also established their base in Dubai. This has created a niche for itself as one of the leading information technology hubs. Job opportunities in the IT industry in Dubai are excellent and this has resulted in many people from outside the country venturing into this field. The demand for professionals holding IT degrees is high, so people all over the world can benefit from the skills and knowledge of professionals.

These are some of the key reasons why Silicon Oasis Dubai companies prefer to work with the city. Apart from that, the city’s favorable location has always been a factor that attracts multinational companies to set up manufacturing units here. The city has an ideal geographical configuration where manufacturing companies can easily settle. There are no logistics issues to contend with, and the city enjoys a low tax burden and an excellent local transportation system, making it an easy decision for businesses to choose Dubai as their industrial hub.

The city’s strategic location, clean air, abundance of water and climate serve as important factors that attract companies to set up plants in Dubai. The city government also offers many incentives to companies that wish to set up operations here. Dubai SBI (Sheikh Dhabi Investment Corporation) and Dubai Business and Investment Corporation (DBIC) are two of the government agencies that provide assistance to small and new businesses that want to enter the IT industry. Many of these companies also obtain government grants and bank loans to increase their initial funds.

Other companies prefer to establish their headquarters in the silicon oasis of Dubai because they offer a more relaxed working environment and can circumvent the strict rules and regulations followed by companies in other countries. They enjoy greater flexibility, freedom and the ability to work outdoors and choose their own workplaces. This also helps them maintain a higher level of productivity and reduce costs and expenses. Companies also find Dubai’s location very conducive to doing business and expanding their operations.

The emirate is home to many multinational companies and international banks. It is easy for them to obtain legal permits to operate in the city, as there are few restrictions and laws followed by the authorities. Also, there are no personal taxes to pay in Dubai unlike many other countries. Businesses also enjoy many benefits like tax-exempt status and many facilities like free internet, free housing, free medical treatment and many more. There are many advantages to attracting the business world to invest in the city.