General

UAE, the hub destination for investments

The United Arab Emirates (UAE) is an ideal investment destination with a most flexible and active economy that is capable of generating opportunities in the region.

UAE is working to attract and embrace talent from all over the world to be partners in our transformation towards an economic model based on knowledge and advanced technology.

The UAE presents a favourable business environment, excellent infrastructural facilities coupled with professional expertise and personalised services which gives the UAE an edge over other countries.

The United Arab Emirates (UAE) has been ranked as the world’s 25th most competitive economy globally and works to enhance this status by diversifying its national income featuring solid economy, strategic location, strong financial reserves, large sovereign wealth funds and a progressive policy of economic diversification, multi-specialty free zones, increased foreign direct investments (FDIs) and ease of doing business.

Business opportunities in the United Arab Emirates is outstanding; UAE has more than 40 free zones that allow 100 per cent foreign ownership of business. Its multi-cultural population enhances workforce productivity and creativity. It hosts high-profile conferences, international exhibitions and trade and investment events. The UAE’s talent and labour force is one of the most skilful in the world. The UAE is seeking to be the first incubator of highly skilled professionals and human capital in dynamic, economic sectors. Attractive investment incentives include 100 per cent foreign ownership in free zones and no foreign exchange controls. The UAE also offers competitive financing costs, high levels of liquidity and strong banking systems.

The UAE encourages private sector growth and competition and enforces regulations that prohibit monopoly. It is a member of the World Trade Organisation (WTO) since 1996 and concluded Free Trade Agreements with Singapore and the EU, Japan, China, India, Pakistan, Turkey, Australia, South Korea and Southern Common Market (MERCOSUR). It has a long-term political stability, with open diplomatic policy worldwide. It is the third most peaceful country in the region according to the Global Peace Index 2021 and furthermore, it has more than 100 diplomatic missions abroad and about 200 foreign diplomatic missions in the country.

The United Arab Emirates (UAE) is ranked 1st at the Arab region in the general index of the World Happiness Report 2020. Tolerance and respect to diverse cultures is innate to the UAE, according to a report by the Organisation for Economic Cooperation and Development (OECD).

 

Invest Emirates is showcasing six unique investment areas that offer extraordinary opportunities to investors, all FDI is a national priority and there are many great opportunities in traditional and emerging sectors. The UAE provides an ideal business environment with excellent infrastructure facilities, exceptional human resources and services, as well as an emphasis on smart government.

The UAE is celebrating its golden jubilee and embarks on the 50 years to come. Last year UAE announced the first set of bold strategic projects aimed at fostering the UAE’s new phase of growth – both domestically and internationally. The nation is embarking on an ambitious growth strategy. The UAE has launched the ‘Projects of the 50’ series, which aims to consolidate into a comprehensive hub in all sectors and establish its status as an ideal destination for talents and investors. The UAE’s 50 Project is a series of development and economic projects that aim to accelerate the UAE’s development.

The first set of projects includes new and amended visa schemes, comprehensive global campaigns to attract foreign investment and national initiatives to support emerging Emirati companies. ‘Projects of the 50’ provides impetus for investment in the digital and circular economies, and those based on the applications of artificial intelligence and the fourth industrial revolution.

‘Projects of the 50’ presents to the world a unified economic and investment identity for the next developmental stage in the UAE. Over the past five decades, the UAE has opened its doors, ports, skies and economic sectors to become a destination for all. We will continue on this path as we establish a pathway for 50 more years of development and opportunity.

 

 

 

Source: Seychelles Nation