According to the Dubai Chamber, manufacturing is among the greatest contributors to the UAE’s non-oil GDP, accounting for roughly 14% of non-oil GDP over the last decade. This figure grew to 16% in 2012 and was expected to rise as high as 19% in 2013. At the national level, the bulk of manufacturing investments are concentrated in heavy industry...
Easy access to air and sea transport, combined with expansions at the Jebel Ali Port and of the national airline, has helped establish Dubai’s position as both a trans-shipment hub and a destination for export industries. The industrial sector continues to provide a major contribution to non-oil GDP, with heavy industries able to take advantage of low energy prices. The emirate’s free zones...
In February 2007 the government of Dubai released a blueprint outlining its future economic, social and political development goals. Named the Dubai Strategic Plan 2015, this document has largely guided the government’s approach to economic development. Although the global economic crisis has presented obstacles to further development, the...
After the Second World War, winds of change were sweeping across the Gulf region – oil was flowing out, profits were flowing in and a polity was forming among the former Trucial States, which now make up the UAE. In this context of change and development, the authorities in Dubai were laying the groundwork for an economic growth strategy novel to...
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.
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