UAE: Dubai

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In many respects, 2014 marked Dubai’s transition from strong recovery to promising growth, as the emirate entered a new development cycle fuelled by a booming real estate market and continually strong expansion within the tourism and retail sectors.

Following a difficult period for the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai saw the second-highest rate of freight growth in the entire Asian region. This was part of an emerging trend of the maturation of GCC-Asia trade. A relationship that was once just based on energy demand is...

As we see off an eventful federal year, we welcome anew year united in our efforts and resolute in our vision to maintain security and stability. We will continue our sustainable development drive to both increase prosperity and progress and preserve our traditions, heritage and identity. It is time to look into the future with confidence and optimism. We stand on solid...

The bid by Dubai to become a global centre for Islamic products and services has progressed steadily in recent years, with the newly established Dubai Islamic Economy Development Centre (DIEDC) now leading efforts to expand and diversify the emirate’s offerings. Ongoing development will be supported by a host of new initiatives unveiled in 2014 and 2015, with plans for...

How is the GCC working with the EU to bring about greater economic and trade cooperation?

Chapter | Retail from The Report: Dubai 2015

The retail and wholesale sector continues to be the largest driver of the emirate’s economy, with figures for the first quarter of 2014 showing that retail contributed $6.32bn in the first three months of the year, up 4% from the same period in 2013. Major plans were announced in 2014 for the world’s biggest mall, while the number of community-focused malls is also on the rise. Looking ahead,...

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