UAE: Dubai Economy

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Over the past four decades Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its...

Chapter | The Guide from The Report: Dubai 2013

This chapter includes a listing of the country’s leading hotels and resorts, as well as useful telephone numbers and facts for visitors, including information about language, weather, visas, currency and more.

Chapter | Economy from The Report: Dubai 2013

After weathering the effects of the global financial crisis, Dubai is swinging back toward a more guarded optimism as it regains its status among regional and international economies. In 2012 GDP was expected to reach $386bn, and the IMF estimates that GDP will continue growing, reaching $450bn in 2017. However, Dubai’s economy is currently operating at about 15% of capacity, implying that...

Chapter | Country Profile from The Report: Dubai 2013

This chapter includes information about Dubai’s history, geography, climate, demographics, government and political organisation. It also includes interviews with Kim Sung-hwan, Minister of Foreign Affairs and Trade in the Republic of Korea; Mohamed Alabbar, Chairman, Emaar; and a viewpoint with David Cameron, the UK Prime Minister.

Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.

The emirate’s economy continued its recovery in 2012, with a number of key sectors posting high growth over the past 12 months. However, there are some concerns that the rebound could happen too quickly, resulting in further difficulties in the future.

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