In only 44 years, the UAE has undertaken an unprecedented development from barren desert to international business and tourist destination. In an increasingly globalised business environment the UAE is perfectly located to capitalise on the eastward shift of economic power. With Dubai’s selection as host city for World Expo 2020, we believe that now is the time for the UAE to confidently demonstrate its place among the top international hubs of business excellence. After the success of the three editions of the IBX Awards, we will be running the International Business Excellence Awards 2018 in Dubai once again.
- The UAE is located in the Arabian Peninsula, bordering Oman to the east and Saudi Arabia to the south, and sharing sea borders with Qatar and Iran.
- Abu Dhabi is the Capital of the country. The six other Emirates making up the federation are Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain.
- The UAE enjoys freedom of religious beliefs but Islam is its official religion.
- Arabic is the official language and is prominent in Government, although English is widely accepted as the main business language.
The UAE has a diverse economy which is at the forefront of modernity and twenty-first century innovation. Its geographical location is a central point in global trade and low taxes make it an attractive place for investment and business to take place.
The UAE enjoys a great deal of diversity in its economy between the various Emirates. Dubai has emerged as a tourism and finance capital whereas Abu Dhabi is still one of the global leaders in the Petroleum industry, including a huge presence of Government institutions and foreign embassies.
The UAE is the ideal base for multinationals and other companies targeting markets in Central Asia, the Middle East, Africa, the Asian Subcontinent and the Eastern Mediterranean.
Each Emirate has its own authorities that strive to make it easy for international companies to set up and enter the market. These unrestrictive business practices mean that it is much more than a tax-free lifestyle that entices business people to set up in the country.
‘The United Arab Emirates, one of the world’s fastest growing tourist destinations, has all the right ingredients for an unforgettable holiday: year-round sun, pristine beaches, unbeatable shopping, top-class hotels and restaurants, an intriguing traditional culture, and a safe and welcoming environment.’
With two major international airlines in Etihad Airways and Emirates Airlines, it is hardly a surprise that the UAE is one of the fastest growing tourist destinations.
The variety of activities on offer means that the UAE appeals to families and business people alike. It is unlike any other tourist destination on earth with a blend of five star hotels, fine dining, world class shopping malls and skyscrapers to add to a dynamic business environment.
The Emirates is a tourist destination of contrasts from the tranquility of the vast desert in Abu Dhabi and the mountains of Fujiarah to the glitz and glamour of Dubai’s lively city nightlife.
Abu Dhabi and Dubai have also become world hubs for events such exhibitions, conferences and concerts. DWTC and ADNEC hold many of their Middle Eastern business events here, complemented by regular performances by world-class artists at the Dubai Sevens or Yas Island stadiums. In all a fine marriage of business and culture.
Visa requirements for entering the UAE vary greatly between different nationalities. It t is advisable to check regulations before travelling. Currently, every nationality entering the UAE needs a visa except:
Citizens of Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar and Saudi Arabia) expatriate residents of the GCC (certain nationalities and professions) and British citizens with the right of abode in the UK.
VISA ON ARRIVAL
Citizens of the following countries may acquire Visas on arrival:
Andorra, Australia, Austria, Belgium, Brunei, Denmark, Finland, France, Germany, Greece, Hong Kong, Iceland, Japan, Republic of Ireland, Italy, Liechtenstein, Luxembourg, Malaysia, Monaco, the Netherlands, New Zealand, Norway, Portugal, San Marino, Singapore, South Korea, Spain, Sweden, Switzerland, United States of America and the Vatican.
Before entering, visitors of all other nationalities must apply for visas from their respective embassies.
For further information, please contact The Ministry of Interior’s Dubai Naturalization and Residency Department (DNRD)