1. Market Research
  2. > Construction Market Trends
Country Forecast United Arab Emirates June 2018

Country Forecast United Arab Emirates June 2018

  • June 2018
  • ID: 265365
  • Format: PDF
  • The Economist Intelligence Unit

Summary

Table of Contents

Search Inside


Policy towards private enterprise and competition


2018-19: Financial restructuring of struggling companies is assisted by improved insolvency regulations. Federal and emirate authorities aim to promote the growth of small and medium-sized enterprises.


2020-22: Private-sector involvement in the non-oil economy is encouraged and further major public-private partnerships for infrastructure projects and some state sell-offs are announced, mainly in the downstream oil and gas sector.


Policy towards foreign investment


2018-19: The Abu Dhabi Global Market and Dubai International Financial Centre try to attract foreign interest.


2020-22: Free zones continue to build momentum, attracting foreign investment into heavy industries, logistics, retail and other areas. Dubai encourages investment in Expo 2020 and renewable-energy-related projects.


Foreign trade and exchange controls


2018-19: The dispute with Qatar stalls Gulf Co-operation Council (GCC) efforts to sign new free-trade agreements (FTAs).


2020-22: A GCC-EU FTA is likely to be held up by the Qatar dispute, but a separate deal with the UK is more likely. The regulation of foreign-exchange flows may be strengthened further, to combat money-laundering.


Taxes


2018-19: Road tolls and property levies are extended. Value-added tax (VAT) of 5% was introduced as planned in January 2018, but some sectors remain exempt.


2020-22: Corporate taxation may be widened beyond current limited sectors, but only at very low rates. Some VAT exemptions may be removed but the rate will stay at 5%.


Financing


2018-19: Regulatory changes facilitate access to credit for small and medium-sized firms. The bond market deepens for both public and private issuers. Financial markets widen the availability of instruments, including futures contracts.


2020-22: The Dubai and Abu Dhabi bourses may combine to boost liquidity and facilitate the listing of smaller stocks.


The labour market


2018-19: Greater regulation of working conditions, with coverage widened to include foreign labour. "Emiratisation" efforts include increasing the cost of foreign labour, but reliance on expatriates persists.


2020-22: The government raises its quotas for the number of UAE nationals that companies must employ.


Infrastructure


2018-19: Construction of the next phase of Dubai's metro and some projects to support Dubai's hospitality, logistics and entertainment strategy move forward in preparation for Expo 2020. The first of four nuclear plants becomes operational.


2020-22: Investment continues in power generation, especially renewables, including four nuclear reactors and solar plants.


Technological readiness


2018-19: The UAE, and particularly Dubai, moves ahead with its efforts to exploit the potential of blockchain technology, financial technology (fintech) and artificial intelligence. Regulatory challenges hinder progress.


2020-22: Dubai emerges as the regional technology hub. Cyber security preparedness becomes a policy priority.



Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Croatia PESTLE Insights - A Macroeconomic Outlook Report

  • $ 500
  • October 2020
  • 44 pages

Croatia PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 24.4% to the gross value added (GVA) in 2019, followed by ...

  • Croatia
  • Construction
  • Infectious Disease
  • Country analysis
  • Unemployment Rate
  • Real Gross Domestic Product

ref:plp2018

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on