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The Business Section
Dubai means business
Dubai presents international business with a wide range of
opportunities for different activities and operations, including:
* Trade.
* Transport and distribution.
* Manufacturing and processing.
* Regional offices.
The Market
As the leading
regional trading hub, Dubai offers access to a market of outstanding
potential for overseas companies in a wide range of sectors. Among its
key characteristics are:
* A large market - more than $17 billion in domestic imports annually;
gateway to a $150 billion p.a., 1.4 billion population regional import
market;
* A growing market - Dubai's imports have more than doubled since 1989;
regional economic growth and liberalisation is set to boost demand;
* A prosperous market - strategic location at the heart of one of the
world's richest regions;
* A diversified market - wide import requirements; opportunities for
suppliers of most products; An accessible market - served by more than
170 shipping lines and 86 airlines; An open market - no exchange
controls, quotas or trade barriers.
The Business Environment
Dubai offers incoming business all the advantages of a highly developed
economy. Its infrastructure and services match the highest
international standards, facilitating efficiency, quality and service.
Among the benefits are:
* Free enterprise system.
* Highly developed transport infrastructure.
* State-of-the-art telecommunications.
* Sophisticated financial and services sector.
* Top international exhibition and conference venue.
* High quality office and residential accommodation.
* Reliable power, utilities etc.
* First class hotels, hospitals, schools, shop
* Cosmopolitan lifestyle.
Links:
A FREE listing of Dubai businesses.
Articles:
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Dubai goods exports by truck plunge: The number of trucks leaving Dubai for neighbouring countries dropped by 18 per cent between 2001 and 2005, indicating a decline in exports by land, as per the Dubai Chamber of Commerce and Industry (DCCI). Dubai's international trade using surface transport represents only three per cent of total trade, while the share of air transport is 43 per cent. Sea trade accounted for 54 per cent in 2005 and was valued at Dh152 billion, the DCCI said in a study. Sixty-one per cent of goods on trucks go to other GCC countries.
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Dubai Aviation to get Dh. 300 billion: Out of Dh1 trillion to be spent on developmental projects in Dubai, Dh300 billion will be pumped into the emirate's aviation sector as part of the Dubai government's Strategic Plan 2015......
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UAE aims to increase oil output: The UAE is considering increasing its oil output from 2.7 million barrels per day to 3.5 million by 2009, a top official said.
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Want to start up a business? Don't bank on getting a loan: Banks in the UAE are not doing enough to help young entrepreneurs set up new businesses, according to a country-wide survey.
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Dubai launches Enjaz to ease business procedures: The Department of Economic Development (DED) has launched the Enjaz service to ease business registration procedures....
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Dubai's non-oil trade hits Dh523.5b: Dubai's non-oil foreign trade grew 9.15 per cent to Dh523.5 billion last year compared with Dh479.6 billion in 2005, according to the latest Dubai World statement.......
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Reaching out for China's investments: UAE-based companies have been continuously exploring investment opportunities in different destinations.
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Dubai set to post record surplus next year: Dubai is projected to post a surplus of Dh5.1 billion in its 2007 budget....
- Dubai Chamber of Commerce and Industry issues new rules on membership for all firms: The Dubai Chamber of Commerce and Industry (DCCI) has tightened its membership rules and made them mandatory for all businesses, except for self-employed professionals, according to the latest official gazette notification.
- Dubai's non-oil direct trade rises to Dh. 231 billion: Dubai's non-oil direct trade during the first nine months this year grew by 9.99 per cent to Dh231 billion compared to Dh210 billion for the same period in 2005, according to a latest report by Dubai World....
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