Pakistani and Indian Firms Flocking to Dubai Amidst Regional Economic Challenges
As strict monetary policies in India and mounting economic instability in Pakistan drive uncertainty, an increasing number of businesses from both countries are choosing Dubai as their new base of operations.
This strategic shift is driven by Dubai’s favorable business environment, strategic location, and state-of-the-art infrastructure. For entrepreneurs from India and Pakistan, Dubai offers a stable and growth-oriented landscape.
Notably, while Indian companies are steadily increasing their presence in Dubai, the number of Pakistani company registrations has seen a slight decline over the past six months compared to the same period last year.
Recent data from the Dubai Chamber of Commerce highlights these trends. In the first half of 2024, 7,860 Indian companies registered with the Chamber, reflecting a 1.5 percent increase from the previous year. In contrast, Pakistani company registrations decreased by 1.2 percent, with 3,968 new companies entering the Dubai market.
In the same period last year, 4,018 Pakistani companies were registered compared to 7,740 new Indian companies.
