UAE: Dubai

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The economy of Dubai may be considered an outlier for the region, for although its growth and prosperity has been fuelled by its proximity to oil, its own modest hydrocarbons endowment accounted for just 1.3% of GDP in 2016. While its oil-rich Gulf neighbours have long recognised the need to diversify their economies – but have largely been...

 

Decades of dramatic growth form the backbone of Dubai’s development, and its leaders wish to see that pattern continue in the future. However, concerted efforts are being made to ensure the impact of that expansion on the environment is minimised. In addition to its plans for rapid adoption of renewable energy generation, the emirate is also...

 

Will Dubai’s current production levels be enough to supply increasing energy consumption rates?

 

How will the introduction of value-added tax (VAT) impact the luxury retail sector?

 

With more than 8m tourists visiting in the first six months of 2017, what measures is the sector taking to ensure the sustainability of such growth?

 

Although multiple factors are reshaping Dubai’s retail sector, new changes to visa regulations have helped the emirate achieve a significant increase in the number of international tourists, helping it remain a top global destination.

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