Green Network Technology


United Arab Emirates

Established on 2 December 1971, the country is a federation of seven emirates (equivalent to principalities). Each emirate is governed by a hereditary emir who jointly form the Federal Supreme Council which is the highest legislative and executive body in the country. One of the emirs is selected as the President of the United Arab Emirates. The constituent emirates are Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. The capital is Abu Dhabi, which is one of the two centers of commercial and cultural activities, together with Dubai. Islam is the official religion of the UAE, and Arabic is the official language. Emirates oil reserves are ranked as the seventh-largest in the world,[9] along with world's seventeenth largest natural gas reserves. Emirates has a developed high income economy which enjoys a sizable annual trade surplus while ranks as the world's nineteenth highest in terms of GDP per capita (nominal).



Why Business in United Arab Emirates?

  • As a highly industrialized federation, the UAE boasts one of the most developed economies on the planet, reflected in its GDP per capita, ranking 5th in the world and 3rd in the Middle East, after Qatar and Kuwait
  • Strong capital appreciation of an average 20-40% p.a. (depending upon emirate) is expected to continue for some years to come, in line with the UAE’s ongoing economic success and un-sated demand for new properties. This, combined with rental yields of 6-10% p.a. is a recipe for success for timely investors
  • The growth rate forecast for the UAE economy over the coming years is 13%, according to the Abu Dhabi Chamber of Commerce and Industry
  • The importance of tourism has grown rapidly, with luxury facilities, great weather and easy access attracting foreign visitors and accounting for 0.5% of total tourist demand worldwide




Why Business in Dubai?

  • Dubai is a tax-free city, with no income or capital gain tax. This makes it extremely attractive for people from all around the world to come and work in Dubai
  • Dubai is easily accessible, having direct flights from all the major cities in the world.
  • Dubai is extremely safe, having a very low crime rate – making it a perfect place for families and wealthy individuals.