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UAE (Dubai)
HOME >> COUNTRY REPORTS >> UAE (Dubai)
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Official name United Arab Emirates
Capital  Abu Dhabi
Population  4,444,011
Currency  Emirati dirham(AED)
Official language   Arabic
GDP  $49,700

  STRENGTHS
  WEAKNESSES

Competitive economy

Excellent infrastructure

Well regulated financial sector

Solid macroeconomic fundamentals

Competitive advantages in tourism, transport, trade, construction and financial services

The emirate ranked 16th out of 65 economies

The economic crisis has hit the emirate hard

High volume of road traffic which typically causes serious slowdowns in circulation during the work week.

The government needs to speed up the implementation of new laws and amendments to existing legislations that will encourage investments and therefore will foster growth.

Economically, one of Dubai's biggest weaknesses is the low percentage of nationals working in the private sector.

2010 for the real estate market will be a repetition of 2009

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