Delighted to have contributed to a thought-provoking piece published in The Business Times, Singapore's leading financial publication. The article highlights how Dubai, Hong Kong, and Singapore are building a dynamic economic triangle stretching from Asia to the Middle East and Africa and redefining global wealth dynamics.
The developing synergies among the three cities is most noteworthy. Dubai and Hong Kong collaborate across finance, real estate and technology with each leveraging their unique market access. Strong ties between Dubai and Singapore facilitate investments in ports, real estate and technology enabling Singaporean firms to access Middle Eastern and African markets while Dubai firms capitalise on Asia-Pacific opportunities. Hong Kong and Singapore, with their longstanding financial and trade links, bring further strength to this evolving triangle.
Singapore and Hong Kong are of course well established wealth centres. However Dubai is rapidly gaining ground thanks particularly to its zero-income tax, low corporate tax rates and simplified processes for visas and business licenses. The city's progressive stance on digital assets and cryptocurrencies further enhances its appeal. All of these factors have attracted the attention of high-net-worth individuals particularly from Europe and the UK who appreciate its geographic proximity and vibrant investment climate.
Together, this all represents substantial new openings for capital flows, innovation and trade. For investors the key question must be: are your strategies aligned with this rapidly transforming nexus of wealth and opportunity?
https://bt.sg/g/kamS
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