The UAE has taken its place as a prosperous, stable nation with a thriving economy and a worldwide reputation for innovation. Its strategic location poised between East and West, together with its oil revenues and moderate foreign policy, plays a vital role in the affairs of the Middle East.

Destination Details

The UAE is an exciting year-round destination that offers unlimited opportunities for rest and recreation. While beaches and clubs offer a range of water sports, the desert safari is a home grown experience with sand boarding, camel safaris, and 4X4 desert driving.

The UAE has the unique distinction of being the only golfing centre in the world to host major international tournaments on both European and Asian PGA circuits, and golfers can choose between various clubs and courses. Restaurants serve diverse cuisines, and there are numerous entertainment options throughout the year.

The country is also home to an extraordinary number of spas and wellness clinics, ranging from internationally renowned brands to ancient Chinese and Indian holistic treatments.

Business Outlook

The UAE is one of the world's wealthiest countries, with a GDP of US$110.6 billion (2006, CIA) expected to grow by nearly 14 per cent annually. According to the International Monetary Fund (IMF), this makes it the second largest Arab economy after Saudi Arabia, and the fastest growing economy in the world, bypassing Asian giants China and India. The UAE's GDP represents nearly 10 per cent of the Middle East and North Africa's US$1.53 trillion GDP.

The UAE has the third-largest proven oil reserves in the world, and while oil and gas production form its foundation, Dubai and Abu Dhabi's increasingly broadening economic activities include real estate, tourism, trading and manufacturing.

Given the large number of foreign enterprises located in the UAE, almost 80 per cent of the population comprises expatriates from all over the globe, and the country is home to almost 200 nationalities.