Export to the United Arab Emirates - Potential new customers in 90 days
|
The UAE is situated in the southeast of the Arabian Peninsula on the Persian Gulf, bordering Oman and Saudi Arabia. The UAE is a federation of seven Emirates each with its own Ruler. These are Abu Dhabi, Dubai, Sharjah, Fujairah, Ajman, Ras Al Khaimah and Umm Al Quwain. The capital and second largest city is Abu Dhabi, which is also the country’s center of political, industrial and cultural activities.
Since its formation in 1971, the UAE has undergone a period of rapid and wide ranging economic and social development and within 40 years, Dubai is considered the regional hub for business in the Middle East and beyond. UAE is open for business
Use our local contacts, local know how and international expertise and you could be exporting to new customers in the UAE in a matter of weeks. If you have great products or services one of the worlds fastest changing markets is waiting to hear from you. The Exportto group is your partner in commercial export growth, contact us today for a free, no obligation discussion |
|
|
Market Opportunities
The UAE offers major business opportunities in the Middle East with the following priority sectors identified by independent research; • Energy • Travel and tourism • Retail • Franchise Development • Financial services • Professional services • Transport and logistic services • Construction • Education and healthcare Looking at this in connection with economic data and fiscal stimulus initiatives, we believe that the main opportunities will be in oil and gas, energy, construction, mass transport, security, health and education, although there are considerable additional opportunities open to quality and innovative products or services. Contact us to discuss the potential for your business in the United Arab Emirates and neighbouring markets. Export to Group U.A.E OfficeOffice no. 5, Block A,
Oud Metha Offices, Healthcare City, P.O. Box 49010, Dubai, UAE. 
|
Market Strengths
• Dubai is regarded as a regional hub • No taxation on personal income and capital gains • English is widely spoken and accepted as business language • Entry route to other GCC countries • Majority of UAE population are expatriates The UAE promotes a liberal business environment and has a standard of living that continues to attract expatriates from around the world. The UAE is looking to diversity its economy away from a reliance on oil and gas. The global economic downturn will reduce growth in the UAE from its historic recent highs of over 10%. The sectors most likely to be affected are construction, real estate and financial services.In order to stimulate the economy and keep strategically important infrastructure projects on track, Dubai has announced a 42% increase in public spending to Dhs37.7 billion. This represents a fiscal deficit of Dhs4.2 billion. 45% of spending has been set aside for infrastructure and public transport development. 22% of the Dubai budget is allocated for social spending including education and health with a further 19% on security, borders and the judiciary. The long term economic outlook for the UAE is positive. Abu Dhabi’s oil and gas driven wealth underpins economic development throughout the UAE. Abu Dhabi has proven oil reserves for 100 years and revenues from that sector are projected to be some US$29,117.The UAE owns some of the world’s biggest investment funds, including the biggest, ADIA, which has estimated reserves of between US$500-900 billion. |
Market Information
Abu Dhabi is the capital of the UAE and has approximately 10% of the world's proven oil reserves and 5% of the gas. The Emirate also has an impressive investment portfolio financed from oil income and has traditionally been the cornerstone of the economy with large proven reserves. Abu Dhabi is diversifying its activities with the development of new industrial cities, real estate developments and other major projects including ports, airport expansion and new hotels.
Dubai’s economy developed at a huge rate from 2000 onwards and has established itself as the regions exhibition, financial, trade and tourism hub. It has a significant infrastructure base and is very accessible, with over 170 shipping lines and about 100 airlines.
The Northern Emirates of Sharjah, Fujairah, Ajman, Umm Al Quwain and Ras Al Khaimah each have their own commercial profile and economic priorities. Each emirates has a port, most of which are running at near capacity and have expansion plans to cope with increasing demand. Major industries for the smaller emirates include agriculture, tourism and nice manufacturing ventures.
Sharjah is the third largest of the emirates and home to two-thirds of the UAE’s manufacturing base. It has a fast growing international airport, two free zones and two active ports. The emirate is more conservative than Dubai; alcohol is illegal and Sharjah’s decency law requires that people dress more conservatively than in Dubai.
Ajman is situated to the Northwest of Sharjah and home to a variety of factories producing goods including foodstuffs, beverages, tobacco, textiles, leather goods, paper products and ready made garments. Ajman also has a thriving boat building industry, manufacturing boats ranging from traditional wooden dhows to more sophisticated luxury yachts.
Fujairah is situated on the Gulf of Oman. The Fujairah port was deepened and extended in 1985 in order to attract new shipping lines and new business. The port gives access to the UAE without the need to enter the Gulf through the Straits of Hormuz and is among the top three bunkering ports int he world. A number of ongoing projects include power generation, water desalination and hotel construction.
Umm Al Quwain has a variety of industrial developments with a cement factory, manufacturing units producing pipes and corrugated sheets. Agriculture is an important part of the local economoy and a number of different crops are grown. The emirate is also home to a large poultry farm.
Ras Al Khaimah (RAK) is north east of Umm Al Quwain and is the main farming area of the Northern Emirates. Mining is also one of the foremost activities; there are two quarries and four cement plants. There are also factories producing tiles and ceramics, glass tableware and pharmaceuticals. Some oil exploration is underway. With a deepwater port situated near the Strais of hormuz, RAK is in a good location. The emirate has established a free zone and is also developing a $1 billion resort and hi-tech part, Jazirat Al Hamrah, combining luxury waterfront residential and resort apartments with a technology park. There is also considerable agricultural potential with 15% of land under cultivation. Several large companies are also involved in dairy products, livestock and poultry production.
Abu Dhabi is the capital of the UAE and has approximately 10% of the world's proven oil reserves and 5% of the gas. The Emirate also has an impressive investment portfolio financed from oil income and has traditionally been the cornerstone of the economy with large proven reserves. Abu Dhabi is diversifying its activities with the development of new industrial cities, real estate developments and other major projects including ports, airport expansion and new hotels.
Dubai’s economy developed at a huge rate from 2000 onwards and has established itself as the regions exhibition, financial, trade and tourism hub. It has a significant infrastructure base and is very accessible, with over 170 shipping lines and about 100 airlines.
The Northern Emirates of Sharjah, Fujairah, Ajman, Umm Al Quwain and Ras Al Khaimah each have their own commercial profile and economic priorities. Each emirates has a port, most of which are running at near capacity and have expansion plans to cope with increasing demand. Major industries for the smaller emirates include agriculture, tourism and nice manufacturing ventures.
Sharjah is the third largest of the emirates and home to two-thirds of the UAE’s manufacturing base. It has a fast growing international airport, two free zones and two active ports. The emirate is more conservative than Dubai; alcohol is illegal and Sharjah’s decency law requires that people dress more conservatively than in Dubai.
Ajman is situated to the Northwest of Sharjah and home to a variety of factories producing goods including foodstuffs, beverages, tobacco, textiles, leather goods, paper products and ready made garments. Ajman also has a thriving boat building industry, manufacturing boats ranging from traditional wooden dhows to more sophisticated luxury yachts.
Fujairah is situated on the Gulf of Oman. The Fujairah port was deepened and extended in 1985 in order to attract new shipping lines and new business. The port gives access to the UAE without the need to enter the Gulf through the Straits of Hormuz and is among the top three bunkering ports int he world. A number of ongoing projects include power generation, water desalination and hotel construction.
Umm Al Quwain has a variety of industrial developments with a cement factory, manufacturing units producing pipes and corrugated sheets. Agriculture is an important part of the local economoy and a number of different crops are grown. The emirate is also home to a large poultry farm.
Ras Al Khaimah (RAK) is north east of Umm Al Quwain and is the main farming area of the Northern Emirates. Mining is also one of the foremost activities; there are two quarries and four cement plants. There are also factories producing tiles and ceramics, glass tableware and pharmaceuticals. Some oil exploration is underway. With a deepwater port situated near the Strais of hormuz, RAK is in a good location. The emirate has established a free zone and is also developing a $1 billion resort and hi-tech part, Jazirat Al Hamrah, combining luxury waterfront residential and resort apartments with a technology park. There is also considerable agricultural potential with 15% of land under cultivation. Several large companies are also involved in dairy products, livestock and poultry production.
