The hydrocarbons sector accounts for about 80% of all government revenues in the UAE. However, the sector’s GDP share varies substantially, from over 50% in Abu Dhabi to less than 6% in Dubai. Given its modest hydrocarbons endowment, Dubai continues to import most of its energy feedstock. The emirate is working to diversify its energy mix on both the supply and demand side. With 70% of...
UAE: Dubai
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The emirate posted robust economic expansion across all sectors in 2013, and its resilience in the years following the global economic downturn has helped to re-build confidence among the global business community. Dubai has set itself the target of reaching 20m visitors per year by 2020 and the emirate received a major boost to this end when it won the right to host World Expo 2020 in November 2013.
The guide contains listings of some of the leading hotels and resorts in Dubai, as well as contact information for important government offices and services. It also contains useful tips for first-time, business and leisure visitors.
Chapter | Legal Framework from The Report: Dubai 2014
This chapter contains an overview of the draft of the new companies law, which clarifies rules for investment and covers a number of important exemptions in the law. There is also an explanation of the new competition law, which was recently enacted by the UAE government.
This chapter contains a viewpoint from Michael Kerr, Regional Managing Partner, Dentons.
This chapter contains a rundown of taxation in Dubai, with explanations of the situation regarding income tax, municipal and property tax, and tax treaties, among other topics. It also contains an analysis of the Dubai International Financial Centre.
This chapter contains a viewpoint from Mahmud Merali, Managing Partner, MERALI’s.
Chapter | Media & Advertising from The Report: Dubai 2014
Over the last decade, through committed investments and the reduced influence of traditional media centres such as Egypt, Dubai has grown into a centre for media production of all types. The emirate’s cluster of media-oriented free zones has drawn many leading print, digital and broadcasting companies, and the government is expanding its film-making facilities to attract foreign productions. Seen...