The manufacturing sector has recorded consistent growth in recent years, accounting for 13.7% of the emirate’s GDP in 2013. Free zones such as the Jebel Ali Free Zone and the Dubai Auto Zone continue to play an important role in the sector, with incentives helping to draw in international players. According to the Jebel Ali Free Zone Authority, its 625 automotive companies generated trade...
The emirate continues to benefit from well-developed telecommunications infrastructure with high penetration rates for both mobile and fixed-line services and a local population that is highly concentrated, tech-savvy, and global in both composition and outlook. With saturation rates reached in the local market, telecoms players are looking overseas for growth opportunities. The e-commerce...
The government and private providers are investing to meet growing demand as the emirate estimates that the number of students attending private schools in Dubai will double from 183,000 in 2010 to 366,000 in 2020. Underpinning this sustained growth in school pupil numbers has been a shift in behaviour by the expatriate labour force in recent years from temporary stays to more permanent...
The rollout of universal health insurance commenced in October 2014 with the first of three deadlines for employers to ensure their staff are covered by health insurance, and is due to be completed by mid-2016. The universal cover will offer improved treatment options for many expatriate workers, while also enabling the government to make changes to funding mechanisms and priorities. A range...
Hydrocarbons continue to meet the large bulk of Dubai’s energy needs, with the UAE sitting on 5.8% of the world’s crude oil reserves. However, the UAE Vision 2021 sets out goals including the reduction of the emirate’s carbon footprint and a desire to play a pioneering role in the development of energy-efficient technologies. The 1200-MW Hassyan clean coal power plant is expected to come on-...
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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