Interested financiers will find a number of positive reasons to invest in the UAE, including: In 2018, the UAE was ranked 21 on the World Bank’s Ease of Doing Business Survey. The UAE offers its businesses a stable political environment in which to operate, and is one of the most developed nations in the Gulf Cooperation Council. The UAE government is focused on investing and developing the country’s business infrastructure, and has introduced free trade zones, tax incentives, and a streamlined regulatory environment for foreign investors. Despite the ongoing prominence of the oil industry, the UAE has diversified its economy, with trade, tourism, banking, logistics, real estate and manufacturing becoming increasingly important. Producing around 2.81 million barrels a day, the UAE’s economy draws heavily on its oil reserves which are the seventh-largest in the world.
Bordered by Saudi Arabia and Oman, the UAE is strategically placed for access to the Persian Gulf states and MENA - and offers businesses one of the most liberal trade regimes in the Middle East. The United Arab Emirates is one of the wealthiest nations in the Arab world and, with a GDP of over $370 billion, is the second-largest economy in the region.
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