A key driver of non-oil GDP growth, Dubai’s industrial sector continues to play an integral role in both its own diversification plans and those of the UAE. As a whole, the UAE is already the most diversified economy in the GCC, with only a third of its GDP coming from hydrocarbons activity. Recently, however, pressures from the oil price drop...
Dubai’s goal of becoming a key regional centre for exports of foodstuffs took a big step forward in early 2017 with the launch of a designated food park in the emirate, occurring alongside several other major developments in the food and beverage sector.
What were DAFZA’s target markets for 2017?
In June 2017 the UAE’s ruling Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice-president and prime minister of the UAE, approved the standardisation of the “Made in UAE” label, with the aim of strengthening the country’s manufacturing sector. The move forms part of a larger push to promote manufacturing in the...
A key driver of non-oil GDP growth, Dubai’s industrial sector continues to play an integral role in both its own diversification plans and those of the UAE. With a new sector strategy providing guidance for the government’s long-term goal of making the emirate a centre for global innovation, Dubai has plenty of opportunities to further develop its industrial sector. Its network of free zones,...
Dubai saw steady GDP growth of 2.8% in 2017 and this is expected to reach 3.2% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×