The UAE economy is dominated by the industrial sector, which contributed approximately 58.2%to the total GDP in 2014. Mining and quarrying made the major contribution of 34.6% to GDP.
The UAE significantly relies on its hydrocarbon sector where the share of oil-related activitiesaccounted for about 29% and non-oil activities accounted for 71% of total GDP in 2014. Stronginvestment plans of the UAE government in infrastructure and major projects will support the highgrowth of the economy. The UAE government has diversified the economy from the oil sector tothe non-oil sector. The non-oil sector that includes tourism, hospitality, and finance is expected todrive economic growth during the forecast period.political, economic, social, technological, legal, and environmental factors of the UAE and hascome up with a comprehensive research report “PESTLE Analysis of the UAE 2015”. This reportprovides an analysis of the UAE economy from historical, current, and future perspectives. SWOTanalysis, scenario analysis, and risk analysis of the UAE are also included in the report. Thereport also includes forecast for the UAE’s economic growth through 2020.
The report highlights various drivers and challenges, which have influenced investment decisionsin the economy. The UAE is a politically stable country, which follows absolute monarchy. The
UAE has 7th largest oil reserves and 7th largest natural gas reserves in the world. It is the 6thlargest petroleum exporter in the world. The country has a strong current account surplus andhigh foreign reserves. The industrial sector is the main sector, which drives the economic growthof the UAE. In the industrial sector, the manufacturing and construction industries togethercontributed 9% share of GDP in 2014. The UAE is highly dependent on oil revenue, which is oneof the main challenges. If oil prices go down, it directly affects the country’s GDP. Anotherchallenge for the UAE is low R&D investment.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “PESTLE Analysis of the UAE” include:
Trend and forecast for key macroeconomic variables that are useful to make majorinvestment decision
Analysis on economic activity, investment environment, and trade structure of the country
Major industries in UAE and its contribution to GPD
Trends in savings, investments, and consumptions
Analysis of Political, Economic, Social, Technological, Legal, and Environmentalscenarios as well as their impact on different industries
Analyses on geographical importance and social structure such as labor quality