Written by 9:00 International

Dubai, UAE

Since 2019 the cooperation between Dubai and Frankfurt am Main, represented by Frankfurt Main Finance, exists to develop an intercity relationship and advance their status as financial centres. Both parties strive to share ideas and information, skills and support.

The Dubai International Financial Centre (DIFC) is the leading financial hub for the Middle East, Africa, and South Asia, which comprises 72 countries with an approximate population of 3 billion. It represents the connective link between these fast-growing markets and the economies of Asia, Europe, and the Americas. The centre’s vision is to drive the future of finance by offering a wide range of possible areas of business as well as an Innovation Hub, event spaces, and more.

Its vibrant business ecosystem is expanding fast and after 15 years of operating almost 30,000 people are working in over 3,000 companies. DIFC is more than just an international financial centre, but it combines business with lifestyle: the 110-acre district features modern office space, retail outlets, cafes and restaurants, residential apartments, public green areas, and much more. Located in the heart of Dubai, it offers a holistic lifestyle to its community by seamlessly connecting professional, residential, and entertainment amenities.

Cosmopolitan lifestyle surrounded by superlative architecture

Apart from that, Dubai has become one of the world’s most prestigious and popular tourist destinations. The city in the desert is home to three million people and experienced a great economic upturn when oil wells were first discovered in 1966. This was followed by a construction boom and infrastructural development, resulting in the creation of many architectural masterpieces.

The world-famous Burj Khalifa is soaring 828 m high and thus the highest building in the world (as of 2022). The city of superlatives also hosts the third-biggest airport in the world, the unique “7-star” hotel Burj al Arab, and registers the highest number of skyscrapers. Other popular and much photographed destinations are the Palm Islands which extend into the Persian Gulf, and the spectacular Dubai Fountains.

But what is a paradise for tourists is a problem for the environment: since Dubai is located in the Arabian Desert it suffers from a massive lack of water supplies and also its oil springs will sooner or later drain. Therefore, the city strives to implement reforms in order to lower the power consumption of its inhabitants and companies and aims to cover half of the city’s energy supply with renewable energies by 2050.

Images: Unsplash and Pixabay

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