Economic Trends

The United Arab Emirates is located in the middle of the Arabian Gulf, North of the equator, between latitudes 22,  26.30, and longitudesm51,  56.30 east of Greenwich Mean Time (GMT). It is bordered from the North by Arabian Gulf, from the West by the State of Qatar and the Kingdom of Saudi Arabia , from the South by Sultanate Oman and the Kingdom of Saudi Arabia, and from the East by the Gulf of Oman. The strategic geographical location of U.A.E. to the east of the Arab world is very important for the security and stability of this vital part of the Arab world. The total area of the country is 83600 This includes an archipelago with an area about 5.900

Abu Dhabi's oil wealth has been wisely utilized to encourage a healthy trade., non-oil industry, and commerce atmosphere. The promotion of tourism and various tourism-related projects  will elevate Abu Dhabi to a Singaporean status in the region. Large gardens and parks, green boulevards lining all the streets and roads,  sophisticated high-rice buildings, state-of-the-art communication services and transport, the presence of all the international luxury hotel chains, rich shopping malls, cultural centers - all contribute to Abu Dhabi's dynamism, vibration and splendor.

Investment Incentives

  • Abu Dhabi GDP growth of about 10.8%.

  • Future Investments of more than US $ 140 billion in new project.

  • Economic diversification.

  • Development driven by local & foreign investment.

  • Liberalized trade.

  • Public / private partnership

  • Pro-business attitude

  • Support for SME's

  • No Corporate or Personal Income Tax.

  • Political Stability.

  • Drafting of investment law in progress.

  • Full tax holiday on profits, businesses and free transfer of financial assets with absent restrictions on capital movement

  • Abu Dhabi Stock Exchange Market.

  • Advanced & well established telecommunications & IT Infrastructure.

  •  Members of WTO & GCC.

  • Customs duties imposed on goods are 5% (long list of consumer goods, commodities & raw materials exempted).

  • Implementation of the GCC Customs Union (One-Point Entry from January, 2003).

  • Agreements signed with different countries on both avoidance of double taxation & free trade.

  • Most advanced air & seaports services (Two Airports in Abu Dhabi & Al-Ain), modern High-way network.

  • Transparency of economic information & regulations.

  • Free movements within UAE & GCC Countries.

  • Simplified procedures for acquiring trade, industrial or other licences.

  •  Simplified procedures for acquiring labor or visit visas.

  • A highly proficient banking sector with international financial services & credit facilities.

Leading Sectors for Export and Investment

  1. Defense Industry Equipment
  2. Oil & Gas field Machinery & Services
  3. Architecture/Construction/Engineering Services
  4. Telecommunications Equipment
  5. Air conditioning & Refrigeration
  6. Computers & Peripherals
  7. Automotive Parts and Service Equipment
  8. Electrical Generation Equipment
  9. Water Resources
  10. Construction Equipment
  11. Building Products
  12. Hotel & Restaurant Equipment
  13. Sporting Goods/Recreation Equipment
  14. Cosmetics/Toiletries