Covering a total area of 83,600 sq km, the UAE borders Saudi Arabia to the west and south and Oman to the east. The country’s coastline stretches 1318 km from the south-eastern shore of the Gulf, nearly reaching the Strait of Hor¬muz in the north. Most of the country is situated along the Gulf. By area, Dubai is the second largest of the emir¬ates behind Abu Dhabi, covering around 4110 sq km...
UAE: Dubai Economy
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Chapter | Country Profile from The Report: Dubai 2019
The guide contains listings of some of the leading hotels and resorts in Dubai and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.
Near-term sentiment is on the rise among Dubai’s business leaders, with the IMF forecasting a healthy GDP growth rate of 4.2% in 2019 for the emirate. While not as exposed as some of its regional neighbours to the effects of fluctuating commodities prices in recent times, Dubai nevertheless stands to benefit from the knock-on effects of higher prices over the last year.
The guide contains listings of some of the leading hotels and resorts in Dubai, and contacts for important government offices and services. It also contains useful tips and information for business and leisure visitors alike
Dubai’s economy is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment. Despite producing little oil, growth has been affected in recent years by the knock-on effects of the fall in international oil prices and a consequent slowdown in neighbouring hydrocarbons-dependent territories...
Despite persistently low international commodities prices, Dubai saw steady GDP growth of 3.2% in 2017 and is expected to reach 3.5% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The issuance of the Dubai Open Data Law and the creation of Smart Dubai are among the flagship initiatives driving this transformation, alongside the portfolio of...