Business in the United Arab Emirates

EENI- School of International Business

Subject: International Trade and Doing Business in Dubai, the United Arab Emirates (UAE). Dubai. Syllabus:

1. Introduction to the United Arab Emirates (the Middle East)
2. Her Excellency Sheikha 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. The Economic Profile of the seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al Kaiwain
7. The International Trade of the Emirates
8. The 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. The Arab Funds in the Emirates:
    1. The Arab Gulf Programme for United Nations Development Organisations (AGFUND)
    2. The Arab Monetary Fund
    3. The 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: Business People 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

The objectives of the subject “Foreign Trade and Doing Business in the United Arab Emirates (UAE)” are the following:

1. To analyse the Emirati economy and foreign trade
2. To evaluate the business opportunities in the United Arab Emirates
3. To explore UAE's trade relations with the country of the student
4. To know Emirates' Free Trade Agreements (FTAs)
5. To examine the profile of the Emirati business people 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):

Description of the Subject: 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. The Emirati population: 5.8 million people
4. The Emirati Currency: Dirham
5. The UAE is an elective and Presidential Federal Constitutional Monarchy
6. The capital of the United Arab Emirates: Abu Dhabi
7. The largest city: Dubai
8. Area: 83,600 square kilometres
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 Civilisation.

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 petroleum revenues
4. Petroleum revenue of the United Arab Emirates represents a small proportion of the GDP.
5. The Logistics sector of the United Arab Emirates represents 10% of the non-petroleum gross domestic product
6. The Ports of Dubai are third largest 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)
   4. European Free Trade Association-GCC
2. Indian-Ocean Rim Association (IORA)
3. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)

The 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 the exporters of products and services
5. Dubai is an open market without exchange controls, quotas or international trade barriers

Dubai presents huge 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 Organisation (WTO)
9. World Bank (WB)
10. International Monetary Fund (IMF)

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

❮ Samples - Business in the UAE ❯