Dubai: Dubai is one of the world's top 10 business destinations, a new report by real estate consultancy CB Richard Ellis said on Wednesday.
The report, which focused on population, gross domestic product, market transparency and the ease of doing business, said Dubai was the ninth most popular location in the world for businesses to have a presence.
Entitled Business Footprints - Global Office Locations, the report profiled 280 major international companies across 101 countries and 232 cities. Just over half (56.1 per cent) of the companies surveyed said they have a presence in Dubai.
Hong Kong, which is home to 68.2 per cent of the companies surveyed, was named the world's number one business location, followed by Singapore (67.5 per cent), Tokyo (63.9 per cent), London (63.2 per cent) and Shanghai (61.4 per cent).
"Dubai has a relatively balanced tenant mix. Over the past 10 years the city has been designed and constructed with the specific intention of attracting major international firms from a broad range of sectors," said Nicholas Maclean, managing director of CB Richard Ellis Middle East.
