Page 10 - Investor-Navigator

INVESTOR NAVIGATOR
Section 03
THE
COMPETITIVE
EDGE OF THE
UAE
The United Arab Emirates (UAE) - years ahead of
celebrating its golden jubilee in 2021 - managed a
profound transformation from a nation with a humble
beginning to a highly progressive country: one that is
characterized with a vibrant economy, a promising
future and a sustainable development legacy.
With its determination to be one of the best countries
in the world, and its impeccable track record of success,
it is no wonder then that the UAE’s international
profile, including in the areas of economic growth
and investment, is rising at an astounding rate.
YOUR NAVIGATOR TO INVESTING IN THE UAE
The UAE: An Ideal Investment Destination
and Partner
Below are some of the elements that make the UAE a haven of investment opportunities that are built to
prosper.
Key to the UAE’s growth is its leaders’ clear Economic Stability
compass of the future, ever cognizant of the
needs to proactively respond to global changes
and stay ahead of advancements in various With an impressive 46 years of national development and resilience, the
fields, including in public sector and governance, UAE is the 17 Most Competitive Economy Globally, and works to enhance
th
private sector development, health, education, this status by diversifying its national income.
science, technology and communications,
energy and innovation, as well as, among others,
trade and investment. Implicit in this journey is Features of UAE’s Solid Economy 14
its by-product: the demand the efforts generate
– nourishing the UAE’s development ecosystem • Strategic location • Consistent government spending
with rich markets and investment opportunities. • Strong financial reserves • Progressive policy of economic diversification
• Large sovereign wealth funds • Multi-specialty Free Zones
Leading up to the UAE-hosted World Expo in • Healthy international relations • Increased foreign direct investments (FDIs)
2020 – and very likely even after post-Expo
timeline – business, trade and investment
activities in the UAE are projected to grow
exponentially.
Open Economy
Complementing such dynamics, the country’s
well-defined vision of the future, its unquenchable
thirst for excellence, the competitive approach The UAE encourages private sector growth and competition, enforces
the UAE adopted to ensure prosperity and regulations that prohibit monopoly and has strong ties with key regional
sustainable development, its strategic location, and international trade associations.
and open economy model, welcoming and
enabling businesses and investors from across
the globe - to name a few - make the UAE a The UAE is:
desirable, and smart, investment destination.
• A member of the World Trade Organization ( WTO) since 1996.
Indeed, a growing testament to this status is the • A member of the Greater Arab Free-Trade Area ( GAFTA) in which all GCC countries participate.
recognition as the best country in the region • Concluded Free Trade Agreements with Singapore and the EFTA.
in more than a dozen competitiveness indices
and reports compiled by leading international • Cooperating with the GCC countries to conclude the Free Trade Agreements with the EU, Japan,
China, India, Pakistan, Turkey, Australia, South Korea and Southern Common Market (MERCOSUR).
entities, and, certainly one of the world leaders
in many key areas and indices, including in global
development and economic growth.
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