Doing Business with the United Arab Emirates by Marat Terterov, Anthony Shoult

By Marat Terterov, Anthony Shoult

This moment version of Doing enterprise with the United Arab Emirates is the definitive English language consultant to funding power, advertisement chance and enterprise perform within the seven Emirates. With its globally acclaimed, revolutionary enterprise atmosphere, an more and more different financial system, sleek infrastructure and sound felony procedure, the UAE is announcing itself because the fundamental situation for enterprise within the hugely aggressive Arab Gulf area. The advisor presents an authoritative, up to date appraisal of the present monetary and funding weather, a evaluation of industry capability in key sectors, and most recent 'best perform' recommendation on all points of business engagement within the UAE.

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These population figures are based on 2002 estimates. Terrain: Largely desert with some agricultural areas. Climate: Hot, humid, low annual rainfall. People Nationality: UAE, Emirati (noun and adjective). 32 million (80 per cent) expatriates. 6 per cent. Ethnic groups: Arab, Pakistani, Indian, Iranian, Filipino (27 per cent of residents are UAE citizens). Religions: Muslim (96 per cent), Hindu, Christian. Languages: Arabic (official), English, Hindi, Urdu, Persian. Education: The United Nation’s Development Programme (UNDP) Human Development Index (HDI) ranking is 49.

Although census surveys among the UAE’s population are conducted, not all details are in the public domain; as an example, there are no confirmed figures regarding the origins of the various expatriate segments. There is no income tax in the emirates and, therefore, statistics regarding socioeconomic classes are absent. Other useful information sources such as import and export figures are available for Dubai and Abu Dhabi, but are much harder to come by in the remaining emirates. It has to be said that the available information is improving in quantity and quality, but sourcing secondary research still remains one of the most challenging tasks to research agencies.

It has acquired this position for several reasons, which can be summarized as follows: ● It occupies a strategic competitive location in the middle of the UAE coast, stretching along 400 miles. This distinguished location in the southwestern part of the Arabian Gulf enabled it to play an active trading role in linking maritime lines and transporting goods between East and West easily. ● Pursuing free and balanced economic policy supported the distinguished strategic location of Dubai. This policy shaped the good reputation of Dubai in the international, commercial and economic communities.

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