Doing FDI in Dubai Free Essay, Term Paper and Book Report
Dubai Short Facts
Dubai is an open economy whereby its main source of income comes from oil and gas output which accounts for 30 % of the nations GDP. The United Arab Emirates has gone through a major transformation since the discovery of oil approximately 30 years ago to become a nation that is modern and with a high standard of living. In recent years, the UAE government has been more open to foreign investment and setting up the necessary infrastructure as an incentive for foreign companies to set up their businesses in the region. Therefore, this can only mean good news for Standard Carpets in wanting to invest in Dubai.
Population: 2,563,212
Ethnic Groups: Emirati-19%, Other Arab & Iranian- 23%, South Asian 50%, other expatriates (includes Westerners & East Asians)
Religions: Muslim- 96%, Christian, Hindu and others- 4%
Languages: Arabic (official), Persian, English, Hindi, Urdu
Capital: Abu Dhabi
Legal System: “federal court system introduced in 1971; applies to all emirates except Dubai and Ra's al Khaymah, which are not fully integrated into the federal judicial s......
Word Count: 3412
Page Count: 13.6 (250 words a page / double spaced)
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