The Central America region consists of 7 countries, namely, Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Additionally, 2 key markets in the neighboring Caribbean region (i.e. Cuba and the Dominican Republic) are also covered in this report.
The report analyzes the region’s bilateral trade relations with Dubai, lists major traded products with each country, and highlights suitable trading opportunities for Dubai-based traders. The report also looks at sectoral trends in 5 key sectors, namely, logistics, tourism, agribusiness, light manufacturing, and energy, and highlights suitable investment opportunities for Dubai-based investors.
The business services in the UAE is valued at AED152.8 billion in 2017, a 2.7% growth in comparison to 2016. For the future development of business services in the country, there should be a balance between the supply of a service that responds equally to a paying demand for that service. In particular, there is a need to improve or bring new business services which can provide high quality and modern services. This report shows UAE’s business services which have the potential to improve both in demand and supply side.
Over the last two decades, Dubai has positioned itself as one of the most renowned maritime hubs globally and has become a serious player in the global maritime industry. Dubai maritime sector is deep but also wide, composed of more than 5500 companies engaged in some 13,000 activities, from shipbuilding, container logistics and dry bulk cargo handling to port services and maritime engineering services and dredging. Currently, the maritime industry contributes some 7% of GDP, at around US$ 7.3bn almost doubled compared to 2015 with GDP of US$ 3.9bn. The sector is also responsible for around 3.3% of the emirate’s jobs, with some 76,200 people working in maritime-related industries. Shipping contributed the largest share to maritime GDP, followed by port operations, maritime engineering and support services.
Finding potential new markets and potential export/re-export products is an important exercise for UAE traders. In this regard, it is important to understand which product groups could have competitive advantage for UAE businesses in the growing economies in regions such as Sub-Saharan Africa. The analysis highlighted several prospective product groups with high RCA values in 2016 (i.e. RCA value exceeding one) such as zinc and articles, copper and articles, carpets/floor coverings, electrical machinery, tools, implements and cutlery and vehicles, among other products. The top countries with the greatest intensity of RCAs across the various export and re-export trades included Cameroon, Ethiopia, Seychelles and Tanzania.
Because of its strategic position in the Mediterranean region together with its geographical proximity to Southern Europe, Greece's economy presents potential opportunities as a trading hub for the trading with the rest of Europe. Greece and UAE businesses could have some investment synergies in sectors such as Logistics, Pharmaceutical products, Real Estate, Tourism, Agri-business among other sectors. Selected trade opportunities for UAE businesses could include opportunities for exporting and re-exporting products such as Aluminum and articles, ceramic products, glass and glassware, plastics and articles among other products.
The Southeast Asia region comprises of 11 countries, namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Timor-Leste, and Vietnam. With a total population size of 650 million persons, a cumulative GDP worth $2.6 trillion, an average GDP growth rate of 5.8% in 2017, as well as a strategic location bordering 2 global economic powerhouses, China and India, the region's trade and investment potential seems to be unmatched by any other region.
This report analyzes the region's bilateral trade relations with Dubai, with the aim of identifying suitable trading opportunities for Dubai-based traders. The report also looks at sectoral trends in areas such as logistics, tourism, agribusiness, light manufacturing, and energy, with the aim of identifying suitable investment opportunities for Dubai-based investors.
On the back of improved conditions in the US economy as indicated by higher real GDP growth and low unemployment rates, by December 2015 the US Federal Reserve embarked on launching monetary policy normalization by tightening its monetary stance through raising interest rates and downsizing its balance sheet size. And due to the Dirham peg to the US dollar, the UAE monetary policy should follow that of the US. However, in ?recent years the UAE economy is witnessing a relative slowdown compared to historical trends, which imply that the UAE economy should follow a more loose monetary policy rather than tight one. This report attempts to assess the likely impact of tight monetary policy on the UAE economic outlook and the possible channels of transmission.
UAE Renewable Energy Market
- Economic Research
Although the share of renewable energy (RE) is very small in the UAE's total energy consumption, it has become economically very attractive over the past few years. UAE has ambitious plans for the introduction of RE at a national and Emirate level. The government has introduced a lot of policies to support the development of RE sector and set targets for the increase of alternative energy resources. In 2017, UAE was the second-largest investor in RE sector in the Middle East and Africa. The report shows the past and future trends of RE in UAE and discusses potential opportunities in this sector.
Growth in per capita incomes and population in the UAE has led to sales growth for food and beverage products. While several categories such as fruits, vegetables, cereals, coffee have experience historical sales growth , some categories with high potential could include Halal meat, Green tea and Fresh coffee. The niche organic food market has also experienced growth and could be a potential business opportunity. Consumers in general seem to be showing a preference for certified branded goods which highlight the need for business to certify their products and focus on branding their goods for local sale and export/re-export.
UAE government encourages local companies to export to foreign markets, but some firms are experiencing high tariff rates in importing countries. Several attempts have been made to decrease these tariff rates through WTO and trade agreements, but not so much progress has been achieved.
According to WTO, the average tariff rates faced by UAE's export products ranges between 4% and 15.9%. This report shows import tariff rates for selected UAE products in foreign markets and discusses trade opportunities for UAE products through export and product diversification.
Key words: import tariff rates, trade agreements, trade diversification, metal, chemicals, plastic, cement, food.
Finding potential new markets and export and re-export products is an important exercise for UAE traders. UAE traders have had substantial success in increasing exports and re-exports of goods around the world. The economies of South America are growing economies and over the long run could present potential business opportunities for UAE traders. They could also help UAE exporters and re-exporters to diversify their export and re-export markets. In this regard, it is important to understand which products could have competitive advantage in the South American region, which this report will attempt to do using the Revealed Comparative Advantage (RCA) methodology.
Dubai construction sector has played a pivotal role in Dubai economic development. The sector underpinned the development of many other sectors including among others, the real estate, hospitality and landmarked Dubai government budget policy over the last 2 decades. Although Dubai construction sector is maturing, yet its contribution to GDP and employments is still relatively high. Despite the slowdown in the global, regional and domestic economic activity since 2014 on the back of the fall in international oil prices and the slowdown in global demand, Dubai construction sector is expected to gain momentum in the in the run to EXPO 2020 with diversified potential investment and trade opportunities.
The Sub-Saharan Africa (SSA) region is a major emerging region of the world economy. With its rich natural resources, abundant supply of labour, large and growing consumer market, it could provide potential opportunities for UAE businesses in a range of sectors. UAE businesses could find potential investment opportunities in sectors such as logistics and warehousing, renewable energy, tourism and construction, medical centers, the processing of halal food products and the processing of agricultural products such as coffee and chocolate, among other sectors.
Money exchange business in the UAE is developing due to the large number of expatriates, country's strong economic growth and its continuous investment in infrastructure and development projects. The report shows the trends of global transfer of remittances and compares the cost of remitting money from the UAE across countries and payment instruments. Furthermore, the study provides also recommendations for the exchange business to save cost and reduce transfer time.
Keywords: Remittance Service Provider, Money Transfer Organization, foreign exchange
Dubai Construction Sector
- Economic Research
"Despite challenging global and regional economic and political environments, Dubai continues to be one of the world's leading centers for the construction industry. Major projects continue to roll out, while existing ones finish off or morph into new developments. This report highlight the recent trends in Dubai construction sector with detailed information on Dubai project industry by status, sector and subsector."
Investment across borders can bring great rewards, but company's hard-earned cash may become trapped overseas. In particular, some UAE investors are facing difficulties while repatriating of hard currency from developing nations into the UAE. This report aims to describe the reasons and problems of trapped cash, and provide possible solutions for trapped cash issues.
This report highlights the latest macroeconomic trends in the continent of Africa, with special focus on the Sub-Saharan Africa region (SSA). As expected by many observers, the decline in international commodity prices that started by mid-2014, has significantly interrupted the SSA region economic growth prospects, deteriorating its fiscal and current account balances. Yet, figures and data show that the negative impact of the slump in international commodity prices has varied impact across different countries. Many diversified , non-resource rich African countries have shown resilience and maintained robust economic growth while others have been negatively impacted.
UAE Electronics Market
- Economic Research
The UAE is one of the top countries in consumption of consumer electronics and appliances. Furthermore, due to its strategic location, the UAE, especially Dubai, has been an important supplier of electronic products to the Middle East, Africa and CIS countries.
This report shows recent and future trends in consumption of consumer electronics and appliances in the UAE market. Moreover, the report also discusses trade opportunities in this sector.
The Chinese government has unveiled its 13th Five-Year Plan back in March 2016, which highlights the need to increase innovation and encourage domestic consumption to make the economy less dependent on government investment, exports, and heavy industry. Given the current transitory state of the Chinese market, it is an ideal time for businesses to explore potential opportunities. This report analyzes the country's trade trends and foreign direct investment environment, and provides a sectoral analysis that covers tourism, agribusiness, logistics, ICT, and manufacturing. The report also aims at identifying suitable investment opportunities and highlights available investment incentives and barriers that may affect conducting business in the Chinese market.
The Coffee consumption in the UAE has experienced robust growth overtime. Sales of powdered coffee and coffee beans in the UAE have grown at a CAGR of around 8.4% from 2011 to 2016, these sales was valued at around AED2.25billion.
The BRICS countries (Brazil, Russia, India and South Africa) accounted for about 20% of the global GDP, 40% of the world population and one-third of the world's area. The average annual GDP growth of BRICS bloc was about 3.2% over the past five years and the expected GDP growth will be around 4.3% during 2017-2021. Considering the potential growth of these countries in the near future, this study aims to analyze the potential trade and business opportunities between the UAE and BRICS.
UAE Travel and Tourism Market
- Economic Research
The travel and tourism industry has played a key role in UAE's economic diversification policy, with the government showing great determination to transform the country into one of the world's top tourism destinations. Such efforts have already started materializing, placing the country at the 26th position out of 185 countries in terms of the relative importance of travel and tourism's total contribution to GDP. With the aim to better understand the UAE's travel and tourism market landscape, his report highlights its size, composition, recent trends, and outlook for the coming 5 years.
There are 43 landlocked countries (LLCs) in the world and the UAE has good trade relationships with these countries. On average African LLCs have much bigger market, European LLCs are the richest and Asian LLCs are the closest market to Dubai among all regional LLCs. The study compares all LLCs by shipping costs and by economic as well as logistic performance.
The global and UAE chocolate markets have experienced robust growth over the past decade. Important drivers of chocolate consumption demand include growth in incomes and growth in population size. For UAE businesses, there could be opportunity in the final two parts of the chocolate value chain that is in chocolate manufacture and in export/re F exports and retail sales of chocolate products. UAE businesses could increase domestic production of chocolate to sell within the UAE while potentially increasing exports and re-exports of chocolate to meet the requirements of potentially growing chocolate markets across Asia and Africa.
Fruits and vegetables market has a significant contribution to food security of the UAE. However, as climatic conditions of the UAE are not agricultural friendly, it has resulted in a high dependency on fruits and vegetables imports. Traders face several administrative and trade barriers in fruits and vegetables trade due to high number of trade procedures and country of origin issues. The study describes trends and opportunities in fruits and vegetables trade and discusses some issues and concerns faced by traders in this market.
The UAE pharmaceutical market was estimated to have sales of around AED 9.6 billion by 2016. These sales are estimated to grow at a CAGR of around 8% and by 2020, the UAE pharmaceutical market is estimated to be worth around AED 13 billion.
Most of the healthcare expenditure in the UAE in 2016 was government expenditure that was estimated to be around AED 42 billion, while private healthcare expenditure was estimated to be around AED 18 billion. Another major trend is the growth of local production of pharmaceuticals which is estimated to grow at a CAGR of around 10% from 2015 to 2018.
The aim of this report is to shed light on the Indian economy at the national level as well as at the state, and the most agglomerate cities and clusters. It also highlights the most recent regulatory reforms by the Indian authorities to improve the business environment.
Moreover, the report classifies India states and cities by GDP, population and per capita income to identify performance by each unit. Further we highlight the major economic activities and industries by major states and cities.
Mongolia is highly rich in mineral resources. With a low cost of extraction of several mineral resources coupled with geographical proximity to the growing economy of China, there could be potentially large opportunities in Mongolia's growing economy, especially in the mining sector. Revenues from mineral sales could benefit other economic sectors.
Potential trade opportunities for UAE exporters and re-exporters include machinery for mining and construction activities and also consumer products.
Dubai Retailing Sector
- Economic Research
Dubai's "wholesale and retail" sector contributed around 27% of the emirate's GDP in 2016, making it a major driver of growth in the domestic economy. The emirate's retailing activity continued to show resilience in 2016 amid continuing pressures from weak oil prices and a stronger dollar. Such resilience is attributed to solid fundamentals that include rising population and incomes together with a steady influx of tourists to the emirate. This report provides the sector's latest figures, highlights major current trends shaping Dubai's retailing market, and goes over the future prospects for this vibrant economic sector.
Starting a Business in Dubai
- Economic Research
Dubai economy enjoys a competitive combination of cost, environmental, geographical and market advantages that create an ideal and attractive business climate for local and foreign investors. These advantages rank Dubai as one of the leading business centers in the world. This report is a guide for setting up a business in Dubai and talks about privileged sectors for investment.
UAE local sales of fruit juice and soft drinks have experienced robust increase. Future growth can also be expected and this growth in sales could create opportunities for more retail sales of products such as fresh juices in the UAE. As consumers in the UAE and across the world become more health conscious there could be a growing trend for organic fresh juices and energy drinks.
Dubai GDP (at constant prices) is estimated to have reached $102.3bn (AED375.6bn) during 2016 after realizing 2.7% y-o-y growth; however, going forward, growth is likely to regain traction and converge with the medium-term growth average of 3.8%, recorded in the past 5 years, driven by EXPO2020 and the Emirate's 2021 strategy.This report takes a close look at the most dynamic sectors in Dubai; namely: restaurants and hotels, logistics, education, healthcare, energy, manufacturing, and wholesale and retail trade with the aim of highlighting recent trends and developments, as well as identifying any potential business opportunities.
As the UAE jewellery market has experienced strong growth between 2011 - 2016 that is expected to represent CAGR of around 8%, this report sheds light on the market trends and also the potential opportunities for retail investment in the UAE .
Over the next two years, the US dollar real effective exchange rate is expected to appreciate further due to the expected positive growth of the US economy and the expected hike in the Fed Reserve interest rates. This report assesses the likely impact of the recent appreciation of the US dollar real effective exchange rate on the UAE economic activity. the report look at the different channels of US dollar appreciation impact such as the trade channel and the financial channel.
Serbia is situated in South Eastern Europe, central part of the Balkan Peninsula and it enjoys custom free access to 1.1 billion consumers in the countries with which it has free trade agreements. The country also has potential investment opportunities for Dubai investors in automotive, agriculture, textile, construction and tourism sectors.
In all CIS countries full foreign ownership is allowed in banking; construction, tourism & retail; health care & waste management sector groups. The most restricted sector for investment in the region is media, where the average index for foreign ownership for CIS region is 73.1. The potential sectors in these countries are: agribusiness, Islamic finance, ICT and tourism.
Agriculture remains Malawi's mainstay of its economy contributing about 29% of the gross domestic product (GDP) and about 70% of Malawi's labor force. The sector offers many investment opportunities such as livestock production (for dairy and beef), aquaculture, horticulture, processing and packaging of other agriculture produce.
In Zambia also the agriculture sector has a strong growth potential given the country's large fertile land and water resources endowment. About 58% of Zambia's total land area is classified as having medium to high potential for agricultural production, but only 14% of agricultural land is utilized.
The UAE IT sector has registered significant growth over time. The value of UAE's IT market has grown from around AED 15.8 billion in 2013 to an expected value of around USD 17.2 billion by 2016. This represents an expected CAGR of around 3% from 2013 to 2016.
The Caribbean region offers great investment prospects for Dubai businesses in the areas of tourism, retailing, agribusiness, logistics, energy, and manufacturing.
Dubai Construction Sector
- Economic Research
Despite the recent global economic challenges such as the drastic fall in oil prices and slowdown in global foreign demand for trade, Dubai construction sector is expected to be resilient and stable over the next five years . Factors such as the government commitment to maintain the same level of investments in the run up to EXPO 2020, positive demographic factors and flourishing tourism sector, all these factors are expected to underline Dubai construction sector momentum. Based on recent data published by BMI, MEED and Deloitte, Dubai major projects by sector and status over the period 2016-2030 are highlighted in this report. Finally, a list of most lucrative investment opportunities within Dubai construction sector were identified.
UAE Rice Market
- Economic Research
The UAE is the largest re-exporter of rice in the world, accounting for 81% of global rice re-exports. The country has huge potential to diversify its rice indirect trade towards GCC, East African and North American countries. The UAE offers cheaper FOB price in rice re-exports to several destinations, such as Somalia, Kenya, Oman and Yemen, and the UAE can also help to boost India's role in basmati rice market, since it has very good trade relationships with major basmati rice importers.
A favorable business environment together with a strategic location in the center of Europe make Hungary a country with a diverse range of business opportunities. Hungary is also a relatively mature economy as compared to some other countries in Eastern Europe.
Azerbaijan has significantly improved its business climate in terms of ease of doing business. The introduction of "single window" system in 2008 has explicitly reduced the red tape costs and paperwork associated with the process of business registration and incorporation. The country's involvement in 'Iron Silk Road' project promises great potential for investors, as new railway will allow easy access of goods on both directions between Azerbaijan and China.
Potential opportunities in trading with Belgium include products such as halal food, basic food products for use in processed food industries, pharmaceutical products, aluminum and plastics. Potential investment opportunities for UAE businesses include investment in certified halal food processing facilities, food processing centers, ICT sector, the chemical industry, halal pharmaceuticals, real estate and construction and renewable energy.
Dubai's total non-oil trade in Q1-2016 reached AED 318.0 billion, increased by 0.4% from the last quarter of 2015, at the value of AED 316.6 billion
The republic of Kosovo is a small state in Southeast Europe that declared independence from Serbia in February 2008. This landlocked country sits on an area of 10,900km2 and shares borders with Serbia, Macedonia, Albania, and Montenegro. The country offers high potential for boosting bilateral trade with Dubai in a number of goods, such as importing vegetables, wood and leather products; as well as exporting machinery and appliances, along with packaged foodstuff. There are also good investment prospects for Dubai investors in the following sectors: Agribusiness, manufacturing, construction, tourism, and logistics.
This report focuses on potential trade and investment opportunities in KSA, Qatar and Kuwait. There are currently plenty of potential opportunities open to foreign companies in KSA. Around 92% of those opportunities fall under the following 5 categories: construction, industry, services, environment and IT. The most potential investment opportunities in Qatar and Kuwait are in industry, services, IT, construction and transport. Among the three GCC countries KSA is considered one of the major Dubai trade partners.
Kenya Potential Investments
- Economic Research
Having a market based economy, Kenya is considered the economic, commercial and the logistics hub of East Africa. Realizing its role as a launch pad in East and Central Africa, foreign investors usually aim beyond the domestic market. The country capitalizes on its strategic location, good economic performance across all sectors and the strong demography with an emergence of a new middle class. Major sectors attracting investment include oil and gas exploration, energy, banking, real estate, retailing, consumer goods manufacturing, vehicle assembly, agriculture and tourism.
As demonstrated by the high volume of Dubai's trade with North Africa, Dubai businesses already have a strong understanding of the challenges for doing business in the region. With proper risk management strategies they could extend the advantage they have in trade to other economic sectors.
There are many synergies between Dubai and Rotterdam such as logistics maritime opportunities in deploying latest technology for ports expansion, upgrading and management. Other sectors synergies include education, energy, health care etc.
The potential synergies between Rotterdam in the Netherlands and Dubai seems to be unlimited due to the aligned strategic objectives of both cosmopolitan cities. The synergy areas include among others trade and logistics, entrepreneurship and SMEs, supply chain etc.
To rank the three main cities in West Africa, we employed a framework that could help in filtering and screening the potential cities within the region. As data and statistics are not available for African cities, we used national data to arrive at the most potential countries within West Africa region.
A mineral rich economy with a growing population makes South Africa a businesses destination with possible long-term potential. South Africa's strategic position in the Southern part of Africa combined with its relatively advanced economic status make it a potential hub for doing business with the growing economies of Southern Africa.
- Economic Research
Dubai's retailing market size during 2015 is estimated at $35.4bn. This figure is expected to expand at a forecast 7.7% in 2016, and will maintain growth thereafter at a CAGR of 8.1% until 2020, when Dubai's retailing sales turnover is expected to surpass $52bn. Dubai is expected to witness a strong wave of investments in retailing development during the build up to EXPO2020, with investors being keen to benefit from the city's large consumer base, and its well established shopping culture. This is expected to encourage the construction of more shopping malls.
Dubai represents a fertile ground for associations to develop their presence in UAE, GCC, MENA and the entire world, supported by facts such as: Friendly business environment, with Tax free treatment, costs of trade: among the cheapest in the world, proximity: links the 2 booming continents of Asia and Africa and advanced and large scale infrastructure: ports, airports, roads, and soon rails.
and articles, iron and steel articles. Sectors with possible investment opportunities include: agriculture, Halal products, automotive, pharmaceuticals and health care.
Botswana has the potential to serve as a gateway to the southern African market as it is strategically located in the heart of the Southern African Development Community (SADC) ? a region with more than 250 million people. As the best strategy to access Botswana's market is through direct investment in potential sectors that can help diversifying the economy and increase its international trade opportunities. Currently, UAE major export opportunities can be found in exporting products such as: Telecommunication Equipment's, Automatic data processing machines, Mining equipment, etc.
Mozambique is a growing developing economy strategically located in Southern Africa. Its investment law provides for investment incentives based on the location and size of investment. Investments are exempt from payment of customs duties and VAT. With its rich arable land, Mozambique's agricultural and agro- industry holds potential opportunities. Selected trade opportunities for UAE businesses in Mozambique include opportunities for exporting and re-exporting finished products including transport equipment and machinery for mining activities and consumer products to Mozambique.
In 2014, Dubai construction sector accounted for about 7.6% of its total GDP, ranked as the 6th largest sector. The sector plays a pivotal role in Dubai economy. As the sector is maturing, its share in Dubai total GDP has declined over the years, as the sector share declined from 12% in 2008. Considering both shares of construction and the real estate sector they account together for about 20% of Dubai total real GDP, ranking them the second largest sector after wholesale and trade that accounted for about 28.9%. Running up to EXPO 2020 open opportunities across the sectors of real estate, tourism, hospitality, retail, and infrastructure, translating into growth for construction activities.
The Scandinavian countries are considered among the best countries for doing business, and well established rules and regulations. They have agreements with the EU for visa-free travel to 36 countries including the 26 Schengen countries. These countries also have Free Economic Zones with tax benefits.
Sweden is among the best countries in the world for doing business (8th position in the WB index). It adopts open trade and investment policies, and EU laws and regulations. There are various trade and investment opportunities for the UAE companies in Sweden. They include UAE exports of goods such as vehicles, ships and UAE imports from Sweden of various products, such as wood, iron and steel, plastics. Potential investment opportunities are identified in various sectors including clean technology, forestry, manufacturing and retail.
The UAE Consumer Goods Sector
- Economic Research
This report tackles the Consumer Goods sector in the UAE, with the focus on: what Consumer Goods are and how they can be classified, trends in Consumer Goods global and regional markets, UAE retailing and Consumer Goods, UAE Consumer Goods selected categories and their performance, and finally analyzes the UAE business climate.
This report focuses on the following areas: Health & Wellness definitions, Health & Wellness trends in global and regional markets, UAE health care, UAE medical tourism and other related topics,
The UAE Macroeconomic Report
- Economic Research
The report analysis the UAE economic structure, performance and sectors. It also discusses the country's credit developments, exchange rate, foreign trade, FDI and the business climate.
The Republic of Cuba is the largest island in the Caribbean. It has recently started introducing market reforms. For instance, it has allowed more private business participation in the retail services sector. Cuba has prioritized activities and sectors in a special development zone including: Biotechnology and pharmaceutical industry, renewable energy, agro-food industry, tourism and real estate development. The state guarantees capital transfers abroad without fees, taxes, dividends, and in freely convertible currency. A special tax regime for foreign investors. An Economic, Trade and Technical Agreement was signed between Cuba and UAE in 2014.
Central Asia. Neighboring countries include Uzbekistan, Kazakhstan, Tajikistan and China. There are potential products can be exported to Kyrgyzstan like: tea, palm oil, machineries ...etc. The UAE businesses can invest in the Kyrgyz mining sector as the country has one of the largest mineral deposits in Central Asia, also there are opportunities in the tourism sector and transport and logistics sector.
Ecuador, a country in the Andean region of South America, located towards the North West of the continent. The country enjoys abundant oil reserves. Petroleum represented on average around 60% of the Ecuador total exports. Therefore, the petroleum sector is considered one of the major sectors that are open for FDI in the country and the manufacturing sector comes second in the flow of the FDI. With the prospects of the Ecuador development plans, it is expected that more demand for aluminum with be created. UAE traders have a potential re-export trade opportunity in some of the manufactured goods that can be re-exported to the Ecuador.
This report presents the current macro-economic situation of the country, together with its ease of business ranking. It then looks at the external trade of Latvia, the foreign direct investment related to Latvia and its trade, investment and tax policies. Finally, the report provides information on various bilateral trade opportunities between Latvia and UAE and several potential investment opportunities for the UAE in Latvia.
Together with Latvia and Estonia, Lithuania is a member of the Baltic nations. Historically, they have held regional cooperative ties in several intergovernmental organizations. Lithuania offers investors a diversified economy, a low cost and skilled workforce, low corporate taxation, a well-developed road network, and a stable political system. The country's laws are streamlined with the EU and ensure equal treatment between foreigners and domestic investors. No authorization is needed from the government for a foreigner to be able to invest in the country. Nearly all economic sectors are freely accessible to FDI. The country offers 7 free economic zones (FEZ) with tax benefits.
This report presents the current macro-economic situation of the country, together with its ease of business ranking. It then looks at the external trade of Estonia, the foreign direct investment related to Estonia and its trade, investment and tax policies. Finally, the report provides information on various bilateral trade opportunities between Estonia and UAE and several potential investment opportunities for the UAE in Estonia.
This report aims to highlight Africa's surging consumer markets major trends and their lucrative business potential. Africa's consumer market segment is opening up opportunities for businesses in retail, telecommunication, education, health and many other consumer market segment.
The report highlights the Czech Republic's economic growth combined with positive annual import demand, which mean that there are potentially lucrative opportunities for UAE exporters and businesses.
The aim of this report is to look at the current status of the bilateral economic cooperation between Dubai and Ethiopia and the prospect economic synergies that may arise in the future given their respective competitive advantage and global competitiveness.
Belarus in Eastern Europe enjoys good potentials for the UAE based companies as they can import agricultural products, pharmaceuticals, in addition to Iron and steel products. In exports: UAE businesses can export plastics, precious metals and stones, and ceramic products. Dubai traders could redirect certain Belarusian commodities towards Southeast Asia and Asia Pacific (i.e. Potash and nitrogen fertilizers, oil products, rolled steel); at the same time, they have opportunity to bring finished goods and manufacturing equipment from China, Japan and S. Korea into Belarus.
The report analyses the major trends in UAE and Dubai economies and the sectors that play a major roles in both of them.
The study details the opportunities that investors and traders can avail in Switzerland given the incentives provided by the government which mostly doesn't set any obstacles or barriers on FDI.
The Netherlands is an attractive destination for foreign investment on the back of its economic and political stability innovative and well trained workforce, advanced infrastructure highly competitive business environment, strategic location besides its position as reputable logistic and distribution hub globally.
A comprehensive guide to the business opportunities in Dubai