1989 - 2018 29 years in business Sunday, 22nd July 2018

DUBAI


 

Social and Economic Indicators
 

United Arab Emirates: Consist of 7 Emirates: Dubai, Abu Dhabi (capital), Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, Fujeirah  
Location: Eastern coast of the Arabian Peninsula, in the south west corner of the Arabian Gulf
Area Dubai: 3.885 km2
Total Area UAE:      83,600 km2
Population Dubai: 1,370,714 (December 2006)
Population UAE: 4.7 mio (December 2006)
Density:                      352,8 inhabitants per km2
Currency:      AED = Dhs = United Arab Dirham
GDP: Total: USD 162 billion, per capita USD 49,700
Living Standard: High, very low crime rate
Time Zone: GMT + 4 Std.
Language: Official Language: Arabic, Widely spoken: English
Country Code:          (+971)

 

 

Why Choose Dubai as an Investment Location?

 

The Dubai economy enjoys a competitive of cost, market and environmental advantages

That create an ideal and attractive investment climate for local and expatriate businesses

Alike. In fact, these advantages not only rank Dubai as the Arabian Gulf’s leading multi-

Purpose business centre and regional hug, but they place it at the forefront of the globe’s,

dynamic and emerging market economies.

 

Dubai, with its ancient commercial and seafaring traditions, has long been recognized as

The Middle East region’s leading trading hug and has emerged as its key re-export

Centre. In more recent years, the Emirate has become a major venue for a number of

Growing, profitable industries and activities such as:

 

Meetings, conferences, exhibitions, tourism

 

Corporate regional headquarters

 

Regional transport, distribution and logistics centre

 

Banking, finance and insurance

 

Business and industrial consulting

 

Information and communications Technology

 

Light and medium manufacturing

 

This all became possible due to Dubai’s warm, welcoming people, world class facilities

And infrastructure and farsighted, open and liberal economy policies. Finally, committed

To a progressive vision of itself, keen to diversify its economy and diminish its reliance

upon shrinking oil revenues, Dubai has begun to develop into the Arabian Gulf’s premier

international business centre. Consider the factors that contribute to this ongoing success

story.

 

Dubai’s key Advantages

 

I. Strategic Location

 

Dubai is a time zone bridge between the Far East and Europe on the East-West axis and

the CIS  and Africa on the north-south axis. It is a gateway to a market that can be

characterized as:

 

Large – well established trading links exist with the greater than 1.5 billion people in the

Neighboring region covering the Gulf, Middle East/Eastern Mediterranean, CIS, Central

Asia, Africa and the Asian sub-continent,

 

Growing – Dubai’s total international trade has grown on average by over 11% per year

since 1988 and regional economic growth and liberalization should boost demand further,

 

Prosperous – a buoyant local economy strategically located in the midst of one of the

world’s richest and well endowed with ample supplies of cheap energy and primary

aluminum, also adjacent to major supplies of vital agro-export commodities,

 

Diversified – varied and significant import requirements generate opportunities for

product suppliers and re-exporters,

 

Accessible – served by over 120 shipping lines and linked via 85 airlines to over 130

global destinations,

 

Open – no exchange controls, quotas or trade barriers.

 

 

 

Political and Economic Stability

 

– Open & Free Economic System

 

– World Class Infrastructure and Service Sector

 

– Competitive Cost Structure

 

International Companies setting up in Dubai can obtain significant cost advantages not

generally available internationally. The major factors are:

 

No foreign exchange controls

 

No trade barriers or quotas

 

Competitive import duties (5% with many exemptions)

 

Competitive labor costs – labor force is multi-lingual and skilled)

 

Competitive energy costs

 

Competitive real estate costs

 

Competitive financing costs and high levels of liquidity

 

No corporate profit or personal income taxes (Expect for oil companies and

branches of foreign banks)

 

– High Quality of Life, Excellent Living Conditions.

 

– Strong Local Commercial Tradition and Wide Choice of Potential Business

  Partners.

 

– Extensive Foreign Trade Network & Major Achievement in Export and Re-Export

  Performance

 

– Rapidly Developing Manufacturing sector Producing a Wide Range of High

  Quality, Competitive Export Products.

 

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