UAE: Dubai Economy

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Chapter | The Guide from The Report: Dubai 2020

The guide contains listings of some of the leading hotels and resorts in Dubai, and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.

Chapter | Economy from The Report: Dubai 2020

Dubai has traversed some challenging economic territory over recent years. Political tensions in the region, the 2007-08 global financial crisis and a prolonged decline in oil prices from late 2014 are together exerting downwards pressure on the emirate’s economic expansion. However, stable oil prices and the economic stimulus of Expo 2020 have eased this strain in 2019, and business sentiment...

Chapter | Profile from The Report: Dubai 2020

Covering a total area of 83,600 sq km, the UAE borders Saudi Arabia to the west and south, and Oman to the east. Its coastline stretches from the south-eastern shore of the Gulf, nearly reaching the Strait of Hormuz in the north. By area, Dubai is the second largest of the emirates after Abu Dhabi, covering a total of around 4110 sq km. A series of land-reclamation projects beginning in the...

Although Dubai has traversed some challenging economic territory over recent years the economic stimulus of Expo 2020 preparation and more stable oil prices have eased this strain in 2019, and business sentiment has improved accordingly. With the long-anticipated expo event set to take place in 2020, attention has started to focus on the important question of sustaining the current economic momentum over the medium term.

Dubai is seeking to stimulate growth among the emirate’s start-ups with the release of a white paper outlining solutions to improve access to funding, offer greater support and build investment networks for small businesses.

New financing and financial security channels are likely to help export and re-exporting firms in Dubai cement recent gains and create a foundation for the emirate’s further growth as a retail transit centre.

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