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.
UAE: Dubai
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Chapter | Country Profile from The Report: Dubai 2013
Plans by the emirate’s authorities to tighten regulatory oversight for health insurance and put in place a long delayed scheme for mandatory coverage will likely result in major changes to the sector.
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.
Economic update | Dubai: Year in Review 2012
9 Jan 2013
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.
Economic update | Dubai: Supporting health tourism
10 Dec 2012
New visa regulations designed to allow foreign visitors undergoing medical treatment to stay for up to nine months are expected to reinforce Dubai’s appeal as a health tourism destination, and are part of a long-term plan to further build on the solid health care industry that has been developed.
The banking sector is still dealing with fallout from the 2009 economic crisis, but banks are slowly reducing their bad debt ratios thanks to new requirements set out by the central bank and due to come into effect next year.