Interesting facts:

Virtually 60% of the Emirates’ GDP derive from foreign capital investments income. Full version

Interesting News and useful Articles about business in UAE

Main picture: Main types of industry in the UAE

Main types of industry in the UAE

authorPublished by Elvira Savir author | Tags: UAE, industry, oil

Rapid economic growth prompted by discovery of oil reserves on the territory of the UAE, has given boost to the active development of different sectors of industry. Its share in the UAE’s GDP (as of 2000) constituted only 46%. The basis of the industrial sector of the Emirates is oil and gas industry, which provides today around 33% of GDP.

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Main picture: Real Estate prices in Dubai and the UAE in the last three years.

Real Estate prices in Dubai and the UAE in the last three years.

authorPublished by Nina Hukov author | Tags: real estate, dubai, uae, analysis

The analysis of the real estate market of the Emirates has shown that the cost of residential accommodation and office space is characterized by an upward trend. The rise in prices is mainly due to inflow of investment and increasing solvency of local population.

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Main picture: How to open business in the UAE

How to open business in the UAE

authorPublished by Serge Somdos author | Tags: open business, llc, ftz, free zone

Each Emirate has its own terms and procedures for company registration, furthermore on the territory of the Emirates there are numerous Free Trade Zones with their own features and peculiarities. The choice of Free Trade Zone and the Emirate may depend on several factors described below:

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Main picture: The largest banks in the United Arab Emirates

The largest banks in the United Arab Emirates

authorPublished by Serge Somdos author | Tags: banks, Emirates NBD

Over the last decade thanks to the development of infrastructure, increased flows of foreign investment, strong growth of residential and commercial real estate the United Arab Emirates have come to occupy a leading position in all international ratings. Banking sector was not an exception.

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Main picture: Credit facilities in the Emirates. What is required for obtaining a loan / credit?

Credit facilities in the Emirates. What is required for obtaining a loan / credit?

authorPublished by Timur Dosko author | Tags: uae, loans, credit

Credit facilities is convenient tool for obtaining required finances for business development, purchasing goods, payment of tuition fees, traveling, etc. Credit facilities in the UAE are available for each person living in the country permanently. Residents can enjoy quite favorable credit facility terms. It may include mortgage financing or, for instance, credit for purchase of a vehicle.

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