The GCC benefits from an affluent consumer base, strong economic growth and continued public sector investment in key industries. Despite these advantages, it remains significantly uncovered as an emerging market by many international businesses.
- The GCC is a global financial hub and is only a four hour flying distance to a combined population of 2.5 billion; it is an ideal location to market products and services to other regional markets in Europe, Africa, India and Russia
- According to the World Bank and CIA World Factbook, the total estimated Arab population, including regional countries like Turkey, exceeds 509 million
- The UAE and Saudi Arabia are in the top 10 countries globally for consumer confidence as reported by Nielsen, outranking the United States, China, Australia and the UK at the start of 2015
- Countries in the region continued to score favorably on the World Bank's Ease of Doing Business report; most recently the UAE was ranked 22, making its business climate comparable to Canada, Taiwan, Switzerland and Austria
- Both the public and private sectors continue to invest heavily in technology and infrastructure, particularly in healthcare, education, defense, and clean tech and renewables. According to Ernst & Young, healthcare spending has grown at a CAGR of 11.45% since 2011
- Dubai International Airport is now the busiest airport in the world for international travel, overtaking London Heathrow with 70.4 million passengers in 2014 according to Dubai Airports End of Year Traffic Report
- The Dubai Mall, the world's largest shopping and entertainment destination, welcomed 80 million visitors in 2014. This exceeds the number of tourists to New York City and Los Angeles according to Emaar Malls, the owner and operator of the Dubai Mall