There are multiple factors that make a city worth calling safe. When it comes to safety and security, most of us link it to the safety of women. However, if we are to create a safe space, we only need to be considerate of individual safety rather than concentrating on one aspect. In terms of safety, Dubai has managed to bag the title of being the 5th safest city in the globe. Behind this achievement, there are some definite factors or standards that have led to this.
It is not just about curbing criminal activities, but it is also about making the residents and tourists follow the set rules and regulations. The authorities there have crafted such a setup that everyone works in accordance with the safety guidelines and standards. Moreover, individuals are given instant access to emergency services, and rules and laws are being followed so that any accidental happenings can be restricted.
Protection of businesses and residents in Dubai
Maintaining the position of being on the list of the safest cities in the world, is not only about maintaining the safety and security of residents but also of businesses. Creating such an environment for businesses is a must that ensures their political stability as well and UAE is taking necessary steps to ensure constant governance. As all of us are aware, the UAE is not a democratic country, and the main benefit of this is that there is no disturbance during the election season. In the case of a democratic country, unstable policies, and business conditions lead to chaos.
Lower cost of international transactions
Businesses often need to make international payments and residents of some cities are often worried about paying high costs for making international business transactions. However, this is not the case with residents of UAE. Since the currency of UAE is pegged to the US Dollar, it helps cut down the cost of carrying out international business transactions. Hence, it is turning out to be a positive factor in promoting and expanding international trade. Moreover, you will be glad to know that the authorities in this country keep on updating their international laws and agreements and are ready to take up new agreements as well.
Customized infrastructure for businesses
When talking about creating a promising and stable business hub, one also needs to focus on crafting such an infrastructure that could fulfill individual business demands. Hence, the authorities in UAE come up with such ideas that lead to technological development while keeping in mind global sustainability. The country has set up specific free zones that lead to the growth of the technology industry. In Dubai, you can find free areas in locations such as Dubai Internet City, Dubai Media City, Dubai International Financial Center, and more. Not just that, the city has not forgotten about the promotion of sustainable development and has initiated several ventures such as Dubai Clean Energy Strategy, etc.
Well-regulated job market
UAE has also taken up initiatives to accommodate businesses from all over the globe and has started to incorporate digital-friendly procedures to allow businesses to register and renew their licenses when needed. This also helps the authorities in sidestepping any criminal offenders. You will also be glad to know that the country is offering its Visa access to around 200 nationalities which is certainly leading to the crafting of a diverse workforce. It also has made necessary arrangements to welcome individuals having versatile talents and skills. Moreover, if you invest in an apartment such as Verona at DAMAC Hills 2, you are also eligible to apply for a golden visa in the country.
Conclusion:
Overall, the country is taking all the necessary measures to protect the copyright, trademark, and patent rights of the businesses. Hence, we can say that Dubai is truly making a safe, stable, and secure space for allowing businesses to thrive. I hope I have given you clear insights on why and how the city is turning out to be the best business hub in the world. By following in its footsteps, other countries can also learn to create a safe and stable business hub like Dubai.