Dubai as a profitable investment venture – Umar Farooq Zahoor

In a few recent years, Dubai has come up as a very up and coming place for investment. People from all over the world have started to migrate and settle there. Dubai is providing them with better living standard, work-life balance, sense of security, shopping avenues and a glamorous lifestyle. The beautiful city has become a merging point of all the cultures from all over the world. The government policies and bodies are always supportive of their citizens with strict law and order already enforced. Not only this, but Dubai has also accepted innovation and technology with open arms by investing a significant sum on it. Green energy has also come up as a substantial investment for Dubai. 

Real estate, tourism and SMEs are coming up as hot spots for investment. Despite COVID-19 hitting the world, Dubai has started to recover from the losses. Due to the ever migrating population towards Dubai, there is an increasing need for accommodating the people. The city is actively investing in the construction of shopping malls, hospitals, houses and parking spaces. Real estate has proved to be one of the most profitable avenues with high Return on Investment. The government of Dubai has also talked about “the Fifty economic plan” which talks about a decade long program which would reach completion by 2030. The Fifty economic plan talks about investing in entrepreneurship, tourism, SME, doubling export, FDI and integrated economy for future results.

Various sectors in Dubai have shown an upward movement which is a positive sign. It is attracting many investors into the market. Sheikh Umar Farooq Zahoor is one such name in the market of Dubai, who is one of the known and successful entrepreneurs, investor and philanthropist of Dubai. Not only business but Umar Farooq Zahoor also believe in humanity as a whole. He has donated a significant amount of his earnings in charity and goodwill for the immigrant workers. 

Owning a property in Dubai is now an easy


process. Most people want to invest in the real estate market as it provides them with a green ticket for citizenship of the country. after paying the amount to the land department and getting a clean chit that deems the property fit for habitation, you can become eligible to become a citizen of Dubai. All you need to assure is that there is no payable amount against your property. 

The leading builders of Dubai are confident towards this growth and believe that a lot of lost cost during COVID-19 can be recovered in the future EXPO 2020. The event will work as a catalyst for aspirational supply-demand real estate and construction scenario of the city. As Dubai is well known for its tourist attractions and luxury shopping, the city relies on tourism. The hospitality segment of the industry makes sure that the visitors keep coming back for more and more. The UAE cabinet has recently approved a long-term tourist visa of five years to ensure the continuous incoming of tourists in the country with Dubai being the attraction.

Comments

Post a Comment

Popular posts from this blog

The Ultimate Guide to Business Growth: Proven Strategies from Umar Farooq Zahoor

Image
The Ultimate Guide to Business Growth: Proven Strategies from Umar Farooq Zahoor Explore comprehensive business growth strategies with insights from industry expert Umar Farooq Zahoor. Learn how to scale your business effectively with tried and tested methods. Introduction : In the competitive world of business, growth isn’t just a goal — it’s a necessity. For those looking to scale their enterprises, expert guidance is crucial. Umar Farooq Zahoor, a renowned business consultant and entrepreneur, shares his extensive knowledge and proven strategies for achieving substantial business growth. Umar Farooq Zahoor’s Background and Expertise: Umar Farooq Zahoor is a name synonymous with success in the business world. With years of experience and numerous accolades, Umar has helped countless businesses reach new heights. His expertise spans various industries, making his strategies versatile and effective. Detailed Strategies for Scaling a Business: Market Analysis: Understanding your
Read more

US and UAE seek Middle East climate alliance for green push - Umar Farooq Zahoor

Image
  Climate change has not diminished as well as its connection with human well-being and poverty is increasingly visible as pointed out by   Shiekh Umar Farooq Zahoor . If not checked, it would push 132 million people into poverty over the next 10 years, undoing hard-wind development gains. Countries now have the opportunity of a one-time generation to position themselves on the path to green, resilient and inclusive development. As proclaimed by Sheikh Farooq Zahoor, decisions made now will determine how the world achieves the progress of renewable development, the creation of sustainable employment and the experience of low-carbon, stable economic transformation. The United States and the United Arab Emirates pledged in early April to help finance the economy by investing in clean technology across the Middle East and North Africa — a sign of new climate diplomacy, the success of which will depend on the region’s fossil-fuel dependent economies. In action. The IMF and Climate Change T
Read more

Dubai Women Empowerment summit the most significant initiatives toward Women Empowerment in Dubai-Umar Farooq Zahoor 

Umar Farooq Zahoor - Women are an integral part of society. Being one of the leading business cities, Dubai is taking the initiative to uplift women’s position in every sector. Dubai has always taken the topic of women's empowerment very seriously. One of the initiatives is the women empowerment program. This summit gathers women and men to inform and aware about empowering women of the present generation. The women empowerment summit also invites many influential women leaders from the different sectors of the world. UAE is making some crucial progress for the accomplishment of its mission of empowering women. Dubai is trying to increase the number of women employees in the different sectors, so that women’s of UAE can become role models for the women of other nations.   Conducting the women empowerment summit has helped to inspire the men and women of the country at different levels. As a result, the workforce's productivity has increased by 50% with the conjugation of active
Read more