Dubai, with its geographical location and modernized port facilities, created an advantage in the Asian region. Its resources made it a cynosure for various business propositions of different countries to operate and vie with Dubai economy. The success story of Dubai Inc. can be ascribed to various factors such as Monarch rulers and their vision to see Dubai among top economies of the world. Polity, designed as Federal National Council (FNC), plays a catalytic role in making decisions of policies for creating business opportunities and a platform for Dubai’s economy to progress at a fast pace. The shopping habits and consumption patterns of people from different nations and cultures create different business opportunities to serve these consumer markets. The emerging service sectors such as financial services, banking, stock exchange, insurance and hospitality services, consultancy and advertising are in nascent stage. At present, tourism contributes a major portion to the GDP. Dubai is a benchmark for a successful economy in spite of recent formation as an independent federal state. The Sheikh’s vision of making Dubai ‘first in first’ (FIF), emergence of sectors ranging from infrastructure to port modernization, airport with millions of passengers boarding and alighting, constructing large malls make Dubai a happening economy.
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