United Arab Emirates

MARKET OF UAE

UNITED ARAB EMIRATES 'S MARKET OVERVIEW

The UAE is a monarchy in southwest Asia and east of the Arabian Peninsula as an important country due to its geographical location due to its location in the south of the Persian Gulf‎‎. Area and population of the UAE. Abu Dhabi is the capital of the United Arab Emirates and UAE consists of 7 regions, which are referred to as the cities of this country. Tourism is one of the largest sources of non-oil income in the UAE. Some of the world's most luxurious hotels are located in UAE. The UAE is one of the easiest countries to import and export in terms of import scope, strong economy, efficient processing, and low tariffs. Dubai, like other countries in the Persian Gulf‎, has a small variety of agricultural products and the only prosperous agricultural product is dates.

Introduction to the United Arab Emirates

The UAE is a monarchy in southwest Asia and east of the Arabian Peninsula as an important country due to its geographical location due to its location in the south of the Persian Gulf‎‎
The UAE is a monarchy in southwest Asia and east of the Arabian Peninsula as an important country due to its geographical location due to its location in the south of the Persian Gulf‎‎

The UAE is a monarchy in southwest Asia and east of the Arabian Peninsula. The UAE is bordered by several countries and is known as an important country due to its geographical location due to its location in the south of the Persian Gulf‎‎.

To make you more familiar with the UAE, we need to mention a few things. The capital of the UAE is Abu Dhabi and the official language of this country is Arabic. Although Arabic is legally the official language of the UAE people, other languages ​​such as Chinese, English, Hindi, and Urdu are also widely spoken in the UAE. The official religion of the UAE is Islam and about 96% of the people of this country are Muslims. The UAE is in an extraordinary economic situation and is referred to as a developing country. The UAE has the largest oil reserves in the world and its per capita GDP is equal to that of the rich countries of Western Europe. The transparency and security of the economy in this country have caused many large international companies to come to the UAE and operate in this country. The UAE is politically an absolute federal monarchy.

History, politics, and geography of the UAE
First, it is better to get acquainted with the different characteristics of the UAE so that we can export to Dubai with a better strategy. Geographically, the country is mostly surrounded by water. The UAE has access to the Persian Gulf‎‎ on one side and the Oman Sea on the other.

Saudi Arabia and Oman are two countries that have land borders with the UAE and water borders with Qatar and Iran. The climate of this country on the Persian Gulf‎‎, like other countries, is hot and dry and desert. However, its eastern regions are more temperate and mountainous.

However, only a very small part of its land can be cultivated, which has made the UAE one of the importers of agricultural and food products. Historically, the country has always been the focus of various powers, the latest example of which was Britain.

After the withdrawal of Britain, it gained its independence in 1971 and is still ruled by the Al Nahyan dynasty. Thus, there are not many political parties and currents in the UAE, and the power system is quite centralized.

People of the UAE; Cultural, social and demographic characteristics

Iran's southern neighbor is one of the most demographically unique countries. Because non-Emirati people have a larger share of the population than genuine Emirati people.

Non-Emirati people are people from all over the world who have migrated there for work, investment, and economic opportunities. Therefore, culturally and socially, we are facing a very diverse country that includes a combination of different ethnicities, religions, and cultures.

The diversity of cultures in the UAE, especially Dubai, has made it easier for most people to form business relationships. The table below shows the population of the UAE in 2019 and its cultural and social characteristics.

Population of the UAE

Area and population of the UAE
Area and population of the UAE

If we want to talk about the area and population of the UAE, we need to take a look at the geographical location of the country. The United Arab Emirates is located in the Middle East and is connected to the Persian Gulf‎‎ from the north and northwest. Oman, Saudi Arabia, and Qatar are also neighbors of the United Arab Emirates. The country covers an area of ​​83,600 square kilometers and is ranked 115th in the world in terms of breadth.

The United Arab Emirates is divided into seven sheikhdoms, which are:

  • Abu Dhabi
  • Dubai
  • Sharjah
  • Ajman
  • Umm Al Quawain
  • Head of Al-Khaimah
  • Fujairah

Each of these areas has unique characteristics and special conditions. It is because of these seven sheikhdoms that this country is called the United Arab Emirates because the word UAE means sheikhdom or emirate, and when these seven zones are placed together, a united country is created. Come on.

According to the latest census in the UAE, which dates back to 2013, the country has a population of more than 9 million, of which only 1.4 million are from the UAE and the rest of the population are foreigners. Most foreigners in this country are Iranians, Europeans, Pakistanis, and Chinese. The UAE is one of the most immigrant-friendly countries and ranks fifth in the world in this regard, which is why, according to estimates, the population of this country will soon reach 10 million.

The capital and cities of the United Arab Emirates

Abu Dhabi is the capital of the United Arab Emirates and UAE consists of 7 regions, which are referred to as the cities of this country
Abu Dhabi is the capital of the United Arab Emirates and UAE consists of 7 regions, which are referred to as the cities of this country

Abu Dhabi is the capital of the United Arab Emirates and is considered to be the largest of the seven emirates in the UAE. Abu Dhabi covers an area of ​​67,340 square kilometers, which covers 86% of the UAE. It is located in the northern part of Abu Dhabi, the Persian Gulf‎‎. Abu Dhabi was declared the most expensive city in the world for travelers in 2009. According to the latest census, the area has a population of more than 1,500,000. Abu Dhabi has many functions, most of which are considered to be the islands of the Persian Gulf‎‎, and various cities and villages are also considered as other functions of this region, the most important of which are Al-Ain.

 Cities of the UAE
As we mentioned, the UAE consists of 7 regions, which are referred to as the cities of this country. In the following, we will provide you with explanations about each of these cities.

Abu Dhabi
As we said in the previous section, Abu Dhabi is the capital of the UAE and is the largest city in the country. Abu Dhabi covers an area of ​​67,340 square kilometers and is politically ruled by a constitutional monarchy. The Abu Dhabi region seceded from Britain on December 2, 1971.

Dubai
Dubai is also one of the most important cities in the UAE. A very important point to note is that the city of Dubai is only part of the Emirate of Dubai, and if Abu Dhabi is the largest emirate in Turkey, Dubai is the largest city in the UAE. Becomes. The city is located in the north of the UAE and is adjacent to the Persian Gulf‎‎. The area of ​​this sheikhdom is 4114 square kilometers and its population is more than 4 million people.

List of commercial centers and hotels in UAE

  • Ark Miracle
  • World Village
  • Dubai estuary
  • Dubai Skiing
  • Dubai Aquarium
  • Sheikh Zayed Mosque
  • Louvre Museum
  • Jasmine Water Park
  • Ferrari World
  • Yas Mal
  • Marina Mall

How is economy and Foreign business of UAE?

Tourism is one of the largest sources of non-oil income in the UAE. Some of the world's most luxurious hotels are located in UAE
Tourism is one of the largest sources of non-oil income in the UAE. Some of the world's most luxurious hotels are located in UAE

The UAE is the second-largest country in the Middle East (after Saudi Arabia), with a gross domestic product (GDP) of $ 414 billion (AED 1.52 trillion) in 2018.

The UAE has managed to diversify its economy, especially in Dubai, but still relies heavily on oil and natural gas revenues, which remain in its economy, it plays a major role, especially in Abu Dhabi. More than 85% of the UAE economy in 2009 was based on oil exports, while Abu Dhabi and other UAEs remained almost conservative in their approach to diversification, with Dubai having relatively few oil reserves in its diversification policy. It was more courageous. In 2011, oil exports accounted for 77% of the UAE government budget.

Tourism is one of the largest sources of non-oil income in the UAE. Some of the world's most luxurious hotels are located in this country. The extensive boom in construction, an expanding production base, and a thriving service sector are helping the UAE diversify its economy. Across the country, there are now $ 350 billion in active development projects. The UAE is a member of the World Trade Organization and OPEC. The UAE government has long invested in the economy to diversify and reduce its dependence on oil revenues.

Foreign business
In terms of foreign trade, the UAE market is one of the most dynamic markets in the world, ranking among the 16 largest exporters and 20 major importers of goods. [37] The UAE's top five partner countries in 2014 include Iran (3.0%), India (2.9%), Saudi Arabia (1.5%), Oman (1.4%), and Switzerland (1.2%). The top five suppliers to the UAE are China (7.4%), the United States (6.4%), India (5.8%), Germany (3.9%), and Japan (3.5%).

Export and import laws in the UAE

The UAE is one of the easiest countries to import and export in terms of import scope, strong economy, efficient processing, and low tariffs
The UAE is one of the easiest countries to import and export in terms of import scope, strong economy, efficient processing, and low tariffs

The UAE is at the top of the list of best countries for exports and imports due to the low rates of customs tariffs imposed on the import of various goods and the relatively high ease of trade and any import-export among the Arab countries. The UAE is a country that has made great efforts in recent years to diversify its economy and expand the range of its import and export goods.

The process of importing to the country of the Emirate is generally simple and fast. To enter the UAE market, businesses and companies must have valid commercial licenses from UAE organizations and permanent registration of companies in the UAE Customs Office. Importing companies must submit their customs clearance application through the website of dubaitrade.UAE and provide documents such as blacklisting, certificate of origin, packing list, and import license.

The UAE has established cooperation agreements with most of its trading partners in various fields, which, according to the provisions agreed in these agreements, prevent the import and export of various goods from paying double taxation in various fields.

Since 2013, 64% of the UAE's foreign trade value has come from imports, most of which are precious metals and machinery. Prohibited goods include drugs, ivory, printed goods that do not conform to social and religious values, and goods imported from Israel.

The UAE has imposed a 5% tariff on all goods imported from the Persian Gulf‎ Cooperation Council (GCC). However, alcohol enters the UAE at a customs tariff rate of 50% and tobacco at a customs tariff rate of 100%.

The Business Simplicity Report, published in 2017, shows that the UAE spends very little time and money importing and exporting compared to other Middle Eastern countries. The UAE is one of the easiest countries to import and export in terms of import scope, strong economy, efficient processing, and low tariffs.

What are the exports of Dubai?

Dubai, like other countries in the Persian Gulf‎, has a small variety of agricultural products and the only prosperous agricultural product is dates
Dubai, like other countries in the Persian Gulf‎, has a small variety of agricultural products and the only prosperous agricultural product is dates

It is one of the thousands of features of Dubai that has made this region one of the largest commercial destinations in the world, especially for Iran. The presence of these salient features has led to the city of Dubai being introduced today as the most important international trade route in the Middle East. The construction and existence of various ports along with a multitude of modern airports has provided the necessary conditions and facilities for the export and import of goods from around the world to this point.

The availability of such facilities in Dubai made exports and imports to the country's terminals both faster and more economical than in other countries. These important advantages caused us to continue to study exports to Dubai by dinghy, fruit exports‎ to Dubai, saffron exports to Dubai, pickles exports to Dubai, the best goods to export to Dubai, exports to Dubai in Nuts field, exports to Dubai in the field of handicrafts, exports to Dubai in the field of aloe vera and saffron luggage trade to Dubai and export company to Dubai. For more information in this regard, you can follow us to the end of the article.

Export to Dubai by dinghy
In fact, exports to Dubai are done in two ways, either by air or by sea. Which is generally the marine method using the dinghy. One of the most common and oldest methods of export to Dubai is the export of goods by lanyard, which is also called telangiege export. In fact, the export of all kinds of goods by dinghy in the Persian Gulf‎ has long been common among Iranian traders, and even today this method for many reasons such as the restrictions that some ports have in mooring or the evacuation of large vessels or the speed that The launches are still going on and many Iranian and Emirati traders are moving their goods this way.

It should be noted that containers cannot be transported by lanyard, so they must be packed to move and export goods. For this reason, non-container ports generally use dinghies for export to Dubai. One of the most important advantages of exporting to Dubai with a lanyard is that the volume of export goods is not large, so they can provide the best service. Also, since these bars do not have container and port affairs, they do not have high tariffs. Another important advantage of this method is its very low cost and cost-effectiveness compared to other methods.

These important advantages led most traders to export their goods to Dubai in this way, and then use containers to ship in Dubai, where they carry out port and customs affairs related to shipments. Of course, it should be noted that because the lanyard is an old and traditional device, goods are usually exported to Dubai with the lanyard that are not sensitive and are not damaged when exposed to water, such as saffron or nuts or handicrafts and from Such cases.

Export of fruit to Dubai
It is true that Dubai is known as an economic power and promise in the world, but the agricultural industry is not so strong and this issue has left the hand of trade, especially Iranian traders, to export agricultural products, especially fruit to Dubai. Dubai, like other countries in the Persian Gulf‎, has a small variety of agricultural products due to climatic conditions and hot and humid, and the only prosperous agricultural product is dates. Of course, this product is also very low due to the lack of arable land in Dubai. Because Dubai is a very small country and this issue caused it to supply about 80% of its summer crops and agricultural products from Iran and Turkey.

The booming Dubai trade market has made the Dubai fruit market a profitable market for our country. Today, exports to Dubai in the field of fruit has become one of the most important non-oil exports of our country, so that this export in a certain period of time, is one of the most profitable and lucrative exports of Iran. Currently, among the countries of the Persian Gulf‎, Dubai has the largest amount of domestic fruit exports‎. Exports to Dubai for fruit are generally made across water borders. Watermelon and tomato are the most important fruits exported to this country.

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