Sporting Goods Olympics in DubaiIndustry and CompetitivenessThere are many sports in Dubai. Dubai's sports scene has transformed and developed well in the global sports landscape since the 1990s. Many sports are very popular in Dubai such as golf, rugby, tennis, cricket, football, swimming, horse racing, motor sports etc. Furthermore, there is a place called "Dubai Sport City" as the world's leading sports destination, which hosts major events and attracts the biggest brands from all over the world through participation and sponsorships. To encourage the development of sport in Dubai, not only at an elite level but also to make sport more accessible to the people of the United Arab Emirates (Dubaisportcity.ae). In Dubai Sport CityRegulatory EnvironmentDubai has some developments such as the Free Zone, which could attract international investors interested in doing business in this country. In agreement with the Department of Economic Development (nd), Dubai was the first emirate to start using the free zone model. Foreigners are offered 100% ownership of a branch and zero taxation. Furthermore, investor ownership of the company enjoys tax advantages and there are no restrictions on the repatriation of capital and profits. It is also freedom from currency restrictions and import duties. There are many well-known free zones in Dubai, including Dubai International City (DIFC), Jebel Ali Free Zone, Dubai Mall City etc. According to Tarbuck & Lester (2009), no federal corporate or Emirati income tax is collected in the United Arab Emirates, only foreign banks and oil companies have to pay corporate tax. To explain, the net taxable income of foreign banks is taxed at a paper average level in the world. If you have a body, you are an athlete.” Nike is originally from Oregon, USA. Department of Economic Development Works Cited (n.d.). Economic free zones in Dubai. Retrieved from http://www.dubaided.gov.ae/en/Pages/Economic-freezones-in-Dubai.aspxTarbuck, A., & Lester, C. (2009). The legal system of Dubai. Retrieved from http://www.latham.com/upload/pubContent/_pdf/pub2787_1.pdfNIKE, Inc. (n.d.). About Nike, Inc.. Retrieved from nikeinc.com/pages/about-nike-incWorld Economic Forum. (2007). The UAE and the World: Scenarios to 2025. Retrieved from www.weforum.org/pdf/scenarios/UAE.pdf‎Dubai Smart Government. (n.d.). Dubai Economy. Retrieved from http://dubai.ae/en/aboutdubai/Pages/DubaiEconomy.aspxThe Heritage Foundation. (n.d.). United Arab Emirates. Retrieved from http://www.heritage.org/index/country/unitedarabemirates