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UAE growth capitalises on expanding manufacturing sector
In an increasingly globalised business climate, worldwide expansion of trade and manufacturing has become imperative. The UAE is no exception to this rule and has already recognised the benefits of boosting its manufacturing sector. In fact, by 2015 the UAE hopes that manufacturing will comprise 25% of its GDP.
Food security concerns fuel change in wholesale food market
While fluctuating global food prices have the greatest effect on the wholesale food market, in the GCC - and more specifically UAE - there are a number of other factors to contend with. Concerns over food security triggered by an expanding population and poor agricultural facilities in the Emirates have ensure that wholesale trade based on imports continues to flourish.
Building Blocks: the UAE's Transport Sector
In 2010, Datamonitor estimated that the global logistics and express market would be worth $4 trillion by 2013, regaining its 2008 peak after the global economic crisis in 2009 hit the sector hard.
Industry Analysis: Chemicals and Petrochemicals
All sectors were hit hard by the global financial crisis of 2008. The petrochemicals industry was no exception and the Middle East experienced a demand trough in this once-thriving sector. However, by 2011 demand was at its strongest ever level for the market, with global chemical production growing by 4.8%.
UAE pharmaceutical industry to lead regional growth
The pharmaceutical industry is widely valued as one of the most profitable in the world, with global spending on medicines set to reach Dhs4.04bn ($1,100bn) by 2015. Across the Middle East and Africa, CAGR has been prospectively set at between 7% and 10% (2011-2015) for the industry from the 2011 estimated size of Dhs128.6bn-165.3bn ($35bn-45bn).
Energy efficiency to prove new focus for UAE's Oil and Gas industry
Energy efficiency is set to become a new focus for the UAE's oil and gas industry, with an increase in exports as well as a growth in domestic consumption affecting the market.
Doing business in Sharjah
Sharjah is the third largest economy in the UAE, after Dubai and Abu Dhabi, covers 2,600 square kilometres and includes three enclaves on the Gulf of Oman - Khorfakkan, Dibba Hisn and Kalba - as well as two islands - Abu Musa and Sir Abu Nuair.
UAE looks at increased investment to highlight cargo gateway role
The United Arab Emirates is a transit point for global movements of cargo, by land, sea and air. Its location and sophisticated transport infrastructure make the country a crossroads for world trade. But the country is taking nothing for granted and is looking at new investment to consolidate its gateway role.
Doing business in Abu Dhabi
Abu Dhabi occupies about 85% of the UAE's land area. It shares its borders with Oman, Saudi Arabia and Dubai and is the seat of the UAE federal government. The emirate is divided into three administrative regions: Abu Dhabi City; the Eastern Region with Al-Ain as its largest city; and the Western Region where Madinat Zayed is the largest city.
Chain reaction: why logistics matters to SMEs
In three decades, the United Arab Emirates has become the Middle East's leading logistics hub, a base for container shipping, airfreight and trucking companies. From the UAE, small and medium-sized enterprises (SMEs) can reach customers in the Middle East, the Indian Ocean and worldwide by air, sea and land.
Doing business in Dubai
Throughout the 2000s, a prolonged real-estate boom saw Dubai eclipse the country's capital, establishing itself as the international face of the UAE. Its coastline underwent a dramatic transformation and increased by 78 kilometres with the development of the Palm Jumeirah, a man-made island. Headlines were made by the construction of the world's tallest tower, Burj Khalifa, and the $20m star-studded opening of the Atlantis hotel.
Cloud computing offering IT boost to firms on the rise
Cloud computing, the most popular phrase in IT right now, has caused excitement and confusion in equal measures in the business world. Some see it as a concept of great potential, unlocking resources and saving money for larger and smaller companies alike. Others simply don't understand what it means. For industries such as infrastructure and upstream oil and gas, there are clear advantages to be gained.
Outsourcing provides growing firms with chance to see bigger picture
A company can outsource many different parts of its business, from technology to transport and logistics or security. However when looking for growth, a firm should think of the risks versus the cost savings before taking the plunge.
IPO decision looms large for expanding companies in energy sector
One of the biggest decisions a growing company will make is whether to issue an Initial Public Offering (IPO) or not. When done successfully, an IPO can boost a company's growth hugely and give it the extra capital to rise to the next level.
Decreasing talent pool leads companies to succession management
For some industries hiring new staff can be a major issue. The problem arises when industries in the pharmaceutical or manufacturing sectors for instance, have roles within organisations, which are so specialised, that it becomes hard to recruit skilled people for it.
