Dubai

Dubai is one of the seven emirates of United Arab Emirates. Sharing its border with Persian Gulf and Gulf of Oman, Dubai is located in the Middle East. The Map of Dubai helps in pointing out the physiographic as well as the tourist destinations of the city. The Dubai Map section covers the flag of the place and other important information of the city.

The discovery of oil in 1966 and prudent economic policies has made Dubai a thriving city. The ruling family, starting with Sheikh Rashid bin Saeed Al Maktoom and succeeded by his son Maktoom bin Rahsid Al Makhtoom and now the current ruler and vice-president of the UAE Sheikh Mohamed bin Rashid Al Maktoom have made Dubai into affluent modern city state.

It is widely accepted the new and current ruler of Dubai Sheikh Mohamed bin Rahsid Al Makhtoom devised the business plan which has been responsible for the unprecedented outbreak of economic activity and huge boom in Dubai's economy over the past five years.

Dubai has historical and friendly ties with the United Kingdom. The Dubai government has a proactive approach to foreign investment actively promoting the city's important business sectors in its successful drive to diversify the economy. Dubai is now the undisputed business hub of the Middle East. The city popularity is further enhanced by its modern infrastructure and tax free status.

Offshore banking in dubai

Dubai is one of the leading financial centres in Asia, and Dubai offshore banking has assumed greater importance in recent years. Acquiring the support of the Dubai offshore banking community can be invaluable when undertaking business in Dubai, and the region. Although opening an offshore bank account in Dubai is more difficult than opening an offshore bank acount in other major financial markets like Hong Kong and Singapore, Dubai offshore banking is still a preferred option for many clients.

Points to Consider with Dubai Offshore Banking

• Offshore banking in Dubai is an increasingly secure, stable and reliable banking option and can help gain a strategic presence in an emerging financial market.

• Investors undertaking Dubai offshore banking can track their transaction worldwide via Internet banking, which is offered with most Dubai offshore bank accounts.

• Those hoping to undertake Dubai offshore banking can do so in a relatively quick time. Opening a Dubai offshore bank account takes only four weeks from the date of incorporation of your Company.

• However, ATM, debit and credit cards are not generally available with a Dubai offshore bank account.

• Dubai offshore banking allows flexibility. There are no funds transfer restrictions with Dubai offshore banking.