The United Arab Emirates (U.A.E.) consist of seven Emirates, Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Umm Al Quwain, Ajman and Fujairah were established only in 1971 as a Federal Country. From 1850 until 1971, the British colonial administration had a certain influence in the region and the Emirates had accepted the protection of the British. At the beginning of the 20th century, Dubai developed as the principal port on the Trucial coast and established itself as the main centre for trade among India, Europe and the Arabian countries. Encouraged by the foresighted and liberal attitudes of the rules, the geographical location and the fact that taxes were not levied, Dubai became the leading commercial market in the region.
Why Dubai?
The Dubai economy enjoys a competitive combination of cost, market and environmental advantages that create an ideal and attractive investment climate for local and expatriate businesses alike. In fact, these advantages not only rank Dubai as the Arabian Gulf's leading multi-purpose business center and regional hub city, but they place it at the forefront of the globe's, dynamic and emerging market economies.
Dubai, with its ancient commercial and seafaring traditions, has long been recognized as the Middle East region's leading trading hub and has emerged as its key re-export center. In more recent years, the Emirate has become a major venue for a number of growing, profitable industries and activities:
     � Meetings, conferences, exhibitions
     � Travel and Tourism
     � Corporate regional headquarters
     � Regional transport, distribution and logistics center
     � Banking, finance and insurance
     � Business and industrial consulting
     � Information and Communications Technology
     � Light and medium manufacturing
This all became possible due to Dubai's warm, welcoming people, world class facilities and infrastructure and farsighted, open and liberal economic policies. Finally, committed to a progressive vision of itself, keen to diversify its economy and diminish its reliance upon shrinking oil revenues, Dubai has begun to develop into the Arabian Gulf's premier international business center. Consider the factors that contribute to this ongoing success story.
Dubai's Advantages
Dubai Strategic Location - Dubai is a time zone bridge between the Far East and Europe on the East-West axis and the CIS and Africa on the north-south axis. It is a gateway to a market that can be characterized as:
     � Large - Dubai has a well established trading links exist with the greater than 1.5 billion people in the neighboring region    covering the Gulf, Middle East/Eastern Mediterranean, CIS, Central Asia,        Africa and the Asian sub-continent;
     � Growing - Dubai's total international trade has grown on average by over 11% per year since 1988 and regional economic growth and liberalization should boost demand further;
     � Prosperous - a buoyant local economy strategically located in the midst of one of the world's richest regions and well endowed with ample supplies of cheap energy and primary aluminum; also adjacent to major regional suppliers of vital agro-export commodities;
     � Diversified - varied and significant import requirements generate opportunities for product suppliers and re-exporters;
     � Accessible - Dubai is served by over 120 shipping lines and linked via 85 airlines to over 130 global destinations;
      Open - Dubai has no exchange controls, quotas or trade barriers.
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