The objectives of the subject “Foreign Trade, Logistics and Business in the United Arab Emirates (UAE)”
are the following:
To analyze the Emirati Economy, Logistics and Foreign Trade
To identify business opportunities in the United Arab Emirates
To explore the Emirati trade relations with the student's country
To know the Emirati Trade Agreements
To examine the profile of Emirati businesspeople and enterprises
To know the Emirati development funds
To develop a business plan for the Emirati market
The Subject “Foreign Trade, Logistics and Business in the United Arab Emirates” belongs to the following 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 km²
Independence of the United Arab Emirates: 1971 (from the
United Kingdom)
Official language of the United Arab Emirates: Arabic
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 GDP
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
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.