Business in the United Arab Emirates

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

1. Introduction to the United Arab Emirates (Middle East)
   1. Her Excellency Sheikha Lubna Bint Khalid Al Qasimi
   2. Her Excellency Reem Ebrahim Al-Hashimi
2. Doing Business in Dubai and Abu Dhabi
3. Economy of the Emirates
   1. Economic Profile of the seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al Kaiwain
4. International Trade (Import, Export) of the Emirates
5. Foreign Direct Investment (FDI) in the United Arab Emirates (UAE)
6. Business Opportunities in the UAE
7. Set up a business in Dubai-United Arab Emirates
8. Access to the Emirati market
9. Business Plan for the United Arab Emirates

Emirati Arab Funds

1. Arab Gulf Programme for United Nations Development Organisations (AGFUND)
2. Arab Monetary Fund
3. Abu Dhabi Fund for Development

Transport and Logistics in United Arab Emirates. Access to the:

1. India-Chabahar (Iran)-Afghanistan Corridor
2. Kyrgyzstan-Tajikistan-Afghanistan-Iran Transport Corridor (KTAI -ECO)
3. China-Pakistan Economic Corridor

Case Study: Emirati Businesspeople and Companies

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

Emirati Preferential Access and Free Trade Agreements

1. The United Arab Emirates and the Arab Economic Area
2. 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
3. Indian-Ocean Rim Association (IORA)
4. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
5. Free Trade Agreements (FTA) with India and the European Union (EU)

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

1. To analyse the Emirati Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the United Arab Emirates
3. To explore the Emirati trade relations with the country of the student
4. To know the Emirati 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):

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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. Emirati population: 5.8 million people
4. Emirati Currency: Dirham
5. The United Arab Emirates is an elective and Presidential Federal Constitutional Monarchy
6. Capital of the United Arab Emirates: Abu Dhabi
7. Largest city of the United Arab Emirates: Dubai
8. Area of the United Arab Emirates: 83,600 square kilometres
9. Independence of the United Arab Emirates: 1971 (from the United Kingdom)
10. Official language of the United Arab Emirates: Arabic
11. Borders of the United Arab Emirates: Oman and Saudi Arabia.
    1. Maritime borders with Iran and Qatar

Religion in the United Arab Emirates:

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

The United Arab Emirates belongs to the Arab Economic Area (Islamic Civilisation).

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

1. The United Arab Emirates 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 Port of Dubai are the third largest re-export hub (after Hong Kong and Singapore)
7. The main economic sectors of Dubai are tourism, services (Information Technology, international logistics, and international finance)
   1. New Dubai International Financial Centre
8. The currency of the Emirates: UAE dirham (AED)

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

Dubai presents huge business opportunities for the 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 Bank (WB)
9. World Trade Organisation (WTO)
10. International Monetary Fund (IMF)
11. Convention Relating to Temporary Admission

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

❮ Samples - Business in the UAE ❯

(c) EENI Global Business School
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