Doing Business in the United Arab Emirates

Subject (Course): International Trade and Business Dubai United Arab Emirates (UAE). Dubai. Syllabus:

1. Introduction to the United Arab Emirates (the Middle East).
2. Her Excellency Shaikha Lubna Bint Khalid Al Qasimi
3. Her Excellency Reem Ebrahim Al-Hashimi
4. Doing Business in Dubai and Abu Dhabi.
5. The Economy of the Emirates.
6. Economic Profile of the seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al Kaiwain
7. International Trade of the Emirates
8. Foreign Direct Investment (FDI) in the United Arab Emirates (UAE).
9. Business Opportunities in the UAE
10. Set up a business in Dubai-United Arab Emirates.
11. Arab Funds in the Emirates:
      - Arab Gulf Program for United Nations Development Organizations (AGFUND)
      - Arab Monetary Fund
      - Abu Dhabi Fund for Development
12. Free Trade Agreements (FTA) with India and the European Union (EU).
13. Introduction to Arabic
14. Access to the Emirati market
15. Business Plan for the Emirates

Case Study: Businesspeople and Companies in the Emirates.

1. Abdul Aziz Ghurair
2. Amina Al Rustamani
3. Majid Al Futtaim
4. Shaikha Al Maskari
5. Sharjah world book fair.
6. Mubadala Development Company.

Objectives of the subject "Doing Business in the United Arab Emirates (UAE)":

1. To analyze the Emirati economy and foreign trade
2. To evaluate business opportunities in the United Arab Emirates
3. To explore UAE's trade relations with the student's country
4. To know Emirates' Free Trade Agreements (FTAs)
5. To examine the profile of Emirati businesspeople and companies
6. To know the Emirati development funds
7. To develop a business plan for the Emirati market

Sample of the subject (Doing Business in the United Arab Emirates):

Subject Description (Doing Business in the United Arab Emirates):

The United Arab Emirates.

1. The United Arab Emirates (UAE) is a constitutional federation of seven emirates; Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al-Khaimah and Fujairah.
2. The United Arab Emirates federation was formally established in 1971
3. Emirati population: 5.8 million people.
4. Currency: Dirham
5. The UAE is an elective and Presidential Federal Constitutional Monarchy
6. The capital of the United Arab Emirates: Abu Dhabi
7. Largest city: Dubai
8. Area: 83,600 Km²
9. Independence: 1971 (from the United Kingdom)
10. The official language: Arabic

Religion in the United Arab Emirates:

1. Sunni Islam
2. Fiqh (Islamic Jurisprudence): Maliki

The United Arab Emirates belongs to the Arab Economic Area of the Islamic Civilization.

The economy of the United Arab Emirates is 62.8% free (63rd freest economy in the World - Heritage Foundation).

1. The UAE is a Frontier Market
2. The United Arab Emirates (UAE) ranks seventh in the Middle East/North Africa region (MENA)
3. Notwithstanding the effects of the global financial crisis, the economy of the United Arab Emirates remains robust, protected by significant foreign financial assets obtained in the age of high oil revenues.
4. Oil revenue of the United Arab Emirates represents a small proportion of the GDP.
5. Logistics sector of the United Arab Emirates represents 10% of non-oil gross domestic product
6. Ports of Dubai are third biggest re-export hub (after Hong Kong and Singapore).
7. The main economic sectors of Dubai: tourist, services (Information Technology, international logistics, and international finance), with the new Dubai International Financial Centre.
8. The currency of the Emirates: UAE dirham (AED)

The United Arab Emirates (UAE) has preferential access to several markets:

1. Cooperation Council for the Arab States of the Gulf (GCC)
   1. India-United Arab Emirates (GCC) Agreement
   2. European Union-United Arab Emirates (GCC) Agreement
   3. Australia-Gulf Cooperation Council (FTA)
2. Indian-Ocean Rim Association (IORA)
3. Trade Preferential System among the Member States of the Organization of Islamic Cooperation (TPS-OIC)

International Trade of United Arab Emirates.

As the leading regional international hub, the Emirate of Dubai offers access to a regional and local market of exceptional business potential for foreign companies:

1. A large market: 17 billion dollars in imports annually
2. A growing market: imports of Dubai have duplicate since 1989
3. A strategic location at the heart of one of the richest regions in the World, linked by 170 shipping lines and 86 airlines
4. A diversified market: business opportunities for exporters of products and services
5. Dubai is an open market without exchange controls, quotas or international trade barriers.

Dubai presents international business opportunities for international trade, transport and regional distribution, manufacturing, and regional branch.

The United Arab Emirates is a member of:

1. Arab League
2. Islamic Development Bank
3. Asia-Middle East Dialogue (AMED)
4. Summit of South American-Arab Countries (ASPA)
5. Asia Cooperation Dialogue (ACD)
6. Economic and Social Commission for Western Asia (ESCWA)
7. United Nations (UN)
8. World Trade Organization (WTO)
9. World Bank (WB)
10. International Monetary Fund (IMF)

Her Excellency Reem Ebrahim Al-Hashimi:

Abdul Aziz Al Ghurair:

Doctor Shaikha Al Maskari:

Majid Al Futtaim Group

Amina Al Rustamani:

Agreement with India

EENI delivers to HRH Prince Alwaleed bin Talal a Master Honoris Causa