Dubai Ranked Top Destination For Global Business Expansion
Dubai beats Singapore and Hong Kong for the Top Spot
Dubai is the Top destination for business expansion in the world, according to a new survey.
Alliance Business Centres Network found that 21% of the 300 companies it surveyed from Asia, Europe and North America selected the Emirate as the best position for expansion globally.
This compares to 19% for Singapore, 18% for Hong Kong, 13% for New York and 10% for London. The remaining 19% was distributed among other cities across the world
Participating companies ranked African countries as their top markets for expansion (43%), followed by Asia (37%), North America (10%), Europe (6%) and South America (4%).
ABCN Middle East and Africa president Sherif Kamel said factors including ease of doing business and establishing companies were some of the key attractions for businesses looking to expand.
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