Growing Market
A growing marketUAE’s GDP has witnessed multiple fold growth since 1989; regional economic growth and liberalisation is set to boost demand;
The United Arab Emirates was formed as a federation of seven emirates, which came collectively as one state on the 2nd December 1971. The central capital of United Arab Emirates is Abu Dhabi and it is govern by the President of the United Arab Emirates.
It is situated in the center East at the tip of the Arabian Peninsula. It occupies a total of approximate 83,600 square kilometers and contains 200 islands.
The United Arab Emirates has approximately 9.2 million people from all over the world. The faith that the bulk of the population of United Arab Emirates have is Islam but Christianity, Hinduism, etc. are also there. The language of the United Arab Emirates is Arabic though other languages like English, Hindi and Farsi are also spoken by the people of the country.
Even though UAE has the most diversified economy in the GCC, Petroleum and natural gas continue to play a central role in the economy, especially in Abu Dhabi. Oil exports accounted for 77% of the UAE's state budget. Successful efforts at economic diversification have reduced the portion of GDP based on oil/gas output substantially.
The United Arab Emirates is an oil-rich country, it is striving to produce an attractive framework for industralisation, UAE is strategically located in the heart of Middle East, Asia & Africa, thus UAE is the leading global business hub; it offers access to one of the best infrastructure in the world & mature banking industry to become most sough after Foreign Direct Investment destination globally.
