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LONDON / WAM
The UAE Ministry of Economy (MOE) announced the launch of the second edition of ‘Doing Business in the UAE’ guide.
The guide was launched in London with the support of the Ministry of Economy and in partnership with the Institute of Export and International Trade. It covers basic information about the country and how individuals can start businesses, along with key issues of interest for foreign investors.
According to the handbook, the UAE is the second largest Gulf economy and the 30th largest in the world, with the 20th highest gross domestic product, GDP, per capita at $42,000.
It also includes information on market entry, risk management, as well as sections on culture and language.
Abdullah bin Ahmed Al Saleh, Under-Secretary for Foreign Trade at MOE, said that the launch of the guide falls in line with the Ministry’s continuing efforts to promote the country’s economic environment and highlight its vision of development based on the move to create a diversified competitive economy via knowledge and innovation, led by national competencies highly contributing to the move to increase the country’s attractiveness in terms of investments, economic activities and competitiveness across international markets.
He added that the guide aims to serve as a useful starting point for business owners and exporters, especially those new to business, providing them
an essential overview of the UAE’s economy as well as the advantages, benefits, incentives and services that can be gained from the country’s business
environment.