United Arab Emirates » Business
Statistics
- GDP: US$360 billion (2012).
- Main Exports: Crude oil, natural gas, re-exports, dried fish and dates.
- Main Imports: Machinery and transport equipment, chemicals and food.
- Main Trade Partners: China, Germany, India, Japan, Korea and USA.
Economy
Etiquette
Emirati businessmen are urbane enough to understand and tolerate the mores of their overseas counterparts; nevertheless, a few courtesies can help oil the wheels of business. Smart conservative clothing, which covers the upper arm and lower leg, is expected, despite the often soaring heat.
Arabic is the official business language, but English is widely used. Meetings often start late; this is an accepted part of local custom, this should not be commented on. Visitors should note that when greeting Arab women they should not offer their hand unless the woman extends hers first.
Friday is considered a day of prayer and rest, so meetings should not be scheduled and calls to Arab people should be avoided on this day.
Sometimes business meals will be served at venues that do not serve alcohol. Asking for alcohol may cause embarrassment and even insult. Visitors are strongly advised not to initiate discussions on politics, sex or religion. If drawn into any of these topics of conversation, try to avoid personalising your comments.
Office Hours
Business Contacts
Federation of UAE Chambers of Commerce and IndustryPO Box 3014, Abu Dhabi , United Arab Emirates
Abu Dhabi
Tel: (02) 621 4144
Website: http://www.fcci.gov.ae/
Dubai Chamber of Commerce and Industry
PO Box 1457, Dubai , United Arab Emirates
Dubai
Tel: (04) 228 0000
Website: http://www.dubaichamber.ae
Dubai World Trade Centre
PO Box 9292 , United Arab Emirates
Dubai
Tel: (04) 332 1000.
Website: www.dwtc.com
ADNEC (Abu Dhabi National Exhibitions Company)
PO Box 5546, Abu Dhabi , United Arab Emirates
Abu Dhabi
Tel: (02) 444 6900
Website: http://www.adnec.ae/
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Information in this section was last updated: Fri Apr 12 2013
