UAE: Dubai

Developing national human resources is enshrined in Dubai’s strategic plans, which place a core emphasis on creating an internationally competitive education sector. The education strategy seeks to harness the power of the private sector to drive progress within a broader framework that helps achieve its national priorities.

Dubai has made great strides in opening up new avenues for economic growth. Over the last decade, it has developed itself into a strategic centre for international businesses to tap opportunities in the fast-growing emerging markets surrounding it. This development has been guided by a comprehensive economic diversification plan focused on...

The higher education environment in Dubai has seen a dramatic expansion over the last 10 years. There are three types of universities in Dubai: federal universities, private universities accredited by the Ministry of Higher Education, and private universities accredited abroad that are “quality checked” by the Knowledge and Human Development...

The UAE came into being as an independent sovereign state on December 2, 1971. Dubai is one of the seven emirates comprising the UAE. The constitution established the Supreme Council of the Rulers of all the emirates as the main authority in the federation and a Council of Ministers as the executive branch of the federation. The ruler of each...

In 1937, decades before the UAE had been established, Dubai concluded its first oil concession deal with Petroleum Development Trucial Coast (PDTC), a British oil company. It was not until 1952 that the first drilling began, and not until 1966 that a commercially viable oil field was found.

The federal government of the UAE has not promulgated any tax laws. Most of the individual emirates have issued corporate tax decrees, but in practice, taxes are only imposed on oil- and gas-producing companies at rates set forth in their government concession agreements, and on branches of foreign banks at rates established in specific tax decrees...