The objectives of the subject “International Trade and Business in the United Arab Emirates (UAE)”
are the following:
To analyze the Emirati Economy and Foreign Trade;
To know the business opportunities in the United Arab Emirates;
To explore the Emirati trade relations with the country of the student;
To know the Emirati Trade Agreements;
To examine the profile of Emirati businesspeople and companies;
To know the Emirati development funds;
To develop a business plan for the Emirati market.
(Foreign Trade and Business in the United Arab Emirates):
The Subject “Foreign Trade and Business in the United Arab Emirates” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
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;
The United Arab Emirates federation was formally established in 1971;
Emirati population: 5.8 million people;
Emirati Currency: Dirham;
The United Arab Emirates is an elective and Presidential Federal Constitutional Monarchy;
Capital of the United Arab Emirates: Abu Dhabi;
Largest city of the United Arab Emirates: Dubai;
Area of the United Arab Emirates: 83,600 square kilometers;
Independence of the United Arab Emirates: 1971 (from the United Kingdom);
Official language of the United Arab Emirates: Arabic;
Borders of the United Arab Emirates: Oman and Saudi Arabia.
The United Arab Emirates belongs to the
Arab Economic Area (Islamic Civilization).
The economy of the United Arab Emirates is 62.8% free (63rd freest economy in the World - Heritage Foundation).
The United Arab Emirates is a Frontier Market;
The United Arab Emirates (UAE) ranks seventh in the Middle East/North Africa region (MENA);
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;
Petroleum revenue of the United Arab Emirates represents a small proportion of the GDP;
The
logistics sector of the United Arab Emirates represents 10% of the non-petroleum gross domestic product;
The Port of Dubai are the third largest re-export hub (after Hong Kong and Singapore);
The main economic sectors of Dubai are tourism, services (Information Technology, international logistics, and international finance)
New Dubai International Financial Centre.
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:
A large market: 17 billion dollars in imports annually;
A growing market: imports of Dubai have duplicate since 1989;
A strategic location at the heart of one of the richest regions in the World, linked by 170 shipping lines and 86 airlines;
A diversified market: business opportunities for
products and services
exporters;