Dubai Economy

Oil contributes just 20 per cent of economic production. Trading, manufacturing and services — including tourism — now dominate the economy.

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ECONOMIC POLICY:

In matters unrelated to diplomacy and defence, each emirate enjoys considerable autonomy in managing its own affairs. In business, the government of Dubai is committed to liberal, free market policies and to the creation of a business environment conducive to commercial activity. This approach is well illustrated by the incentives available to investors in the Jebel Ali and Airport Free Zones and by the continuing high level of public sector investment in the infrastructure. . . Further readings on Dubai Economy

SHOP IN DUBAI:

Dubai is renowned as the “shopping capital of the Middle East”. Being an open port with low import duties and no taxation, Dubai offers unbeatable value. Dubai offers a good place to buy the latest high-tech gadgetry, such as digital cameras, iPods, and the like. Most major brand name products are readily available, and are often less expensive in Dubai than in their country of origin. . . Shop in Dubai

{ The Dubai Financial Market (DFM) was established in March 2000 as a secondary market for trading securities and bonds, both local and foreign. }

 

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