The United Arab Emirates (UAE) is located in Southwest Asia, bordering the Gulf of Oman and Persian Gulf. UAE’s economy is likely to grow to $447.46 billion at the current prices by 2018 with good growth over 2013-2018. UAE is ranked 28th among 187 countries in the transparency index, and the country has a risk rating of AAA by different credit rating agencies, indicating a stable fiscal outlook.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of UAE and presents its findings in “UAE Country Analysis 2013-2018: An Evaluation of Political, Social, Economic, and Business Risk.” This study provides a concise overview of the political, economic, social, technological, and business risk associated with the country.
Lucintel discusses the various challenges the country face in its path to higher economic growth and prosperity. UAE’s economy grew rapidly with the oil and real estate sectors contributing significantly. The economy, however, faces challenges in terms of problems such as a high unemployment rate and income inequality. In addition, UAE has a higher proportion of foreign labor than local labor. In 2012, the economy was on a decline as global oil prices fell. This will affect the debt repayment capability of the country.
Lucintel's study encompasses the major drivers of the nation’s economy. UAE ranks eighth in terms of per capita income in the world. This has a major impact on the country's development, as the growing middle class of the country is a source of major consumption of goods and materials. The total consumption to GDP ratio of UAE is at an average of 70% over the last decade.
This report highlights the different aspects of the country including its geopolitical situation, economic performance, quarterly trend, sectoral contribution, FDI by industry, trend of population, per capita income, trend of inflation, balance of payment, budget deficit, trade structure, foreign exchange reserve and exchange rates, and R&D expenditures.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of “UAE Country Analysis: 2013-2018: An Evaluation of Political, Social, Economic and Business Risk” include:
• Trend and forecast of real GDP growth rate of UAE
• Trend of savings and investments as well as consumption expenditure in percentage of GDP of UAE
• Trend of consumption expenditure as percentage of GDP in UAE
• Trend of growth of population and unemployment rate in UAE
• R&D and technological factor of UAE 2013
• Business risk of UAE
• More than 23 figures/charts and 10 tables are provided in this roughly 65-page report