UAE: Dubai Economy

Displaying 13 - 18 of 178

 

According to the World Shipping Council, Dubai’s Jebel Ali is the 10th-busiest container port in the world, handling nearly 15m twenty-foot equivalent units (TEUs) in 2018. Developed in the 1970s, the facility is now the globe’s largest man-made harbour and the biggest port in the Middle East. It is the only port in the World Shipping Council’...

 

Amid economic diversification plans under way across the region, GCC states are seeking to both bolster trade relations with countries across the world and draw in foreign investment. Regional governments have found a willing partner in China, which is forging ahead with its bold Belt and Road Initiative (BRI). In 2014 President Xi Jinping of...

 

How is Dubai working to maintain its competitiveness as a global business hub?

 

Covering a total area of 83,600 sq km, the UAE borders Saudi Arabia to the west and south, and Oman to the east. The country’s coastline stretches approximately 1318 km from the south-eastern shore of the Gulf, nearly reaching the Strait of Hormuz in the north. Most of the country is situated along the Gulf, aside from Fujairah and parts of...

 

Dubai’s hosting of the 173-day Expo 2020 has functioned as both an economic stimulus and strategic focal point for years. Having spurred investment in the emirate since 2013, most observers agree that the commencement of the long-anticipated event will provide a useful fillip to several economic sectors. The larger question, however, is on the...

 

Dubai’s economic resilience, reflected in the last half a century of development, has been built on our ability to embrace change. At a time when the global economy is going through a turbulent phase, Dubai continues to reinvent itself. We are actively working to shape the future, rather than just waiting for it to happen. Across multiple...

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