1/3 of the world’s population lives within 4 hours of Dubai
WORKSPACE is based in Dubai, United Arab Emirates – considered by many to be the business hub of the Middle East, Dubai is a strategic meeting point and is one of the world’s most globalized cities.
The United Arab Emirates is part of the Gulf Cooperation Council (GCC), a unified collection of oil-rich Gulf monarchies – Bahrain, Kuwait, Oman, Qatar and Saudi Arabia. Together they represent a population in excess of 50 million people and a GDP of over $1.665tr.
Did you know that 70% of Fortune 500 companies have their regional base in Dubai including companies such as Facebook, LinkedIn, Google, and Microsoft and it regularly tops the World Bank’s annual report for Ease of Doing Business in the Arab world? The United Arab Emirates offers companies that enter the market a unique opportunity to immerse itself amongst one of the most innovative and progressive countries in the world.
If you have never been to Dubai before- here is what you can expect in this extraordinary city.
A market you can't afford to ignore
The construction market across Dubai and the Middle East is unlike any other in the world, every type of building design, style and concept is present here. Building projects here encapsulate everything from sustainable to lavish, minimalistic to classical and uses every type of material you can imagine. The sky is the limit here. With that, it means the opportunities for suppliers of all types of interior products and solutions is infite. This is why so many businesses come to the Middle East and use INDEX events to launch themselves into the market.
Some key industry stats include:
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What appealed to my business with GCC is the amount of people that live here and the buying power that they have, but also the variety of people. When you come here you actually have some locals, but you also have all over the world living here so we can really appeal to a greater number of people.
The furniture and interior design industry in the GCC is, again, very booming. There's a lot of focus on culture, which is the main inspiration. Islamic design trends is a key kind of focus for designers. But I think it's very much about innovation and experimentation, and I see the designers from the GCC really harnessing this and trying to develop an experiment. I think it's become more playful.