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United Arab Emirates PESTLE Insights - A Macroeconomic Outlook Report

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    Country Profile

  • 44 Pages
  • May 2023
  • Region: United Arab Emirates
  • GlobalData
  • ID: 4456793
According to publisher estimates, mining, manufacturing and utilities activities contributed 31.3% towards GVA, followed by financial intermediation, real estate and business activities (21.9%), and wholesale, retail and hotels utilities (15.1%) in 2022. The three sectors are forecast to grow by 2.9%, 3.7%, and 2.5%, respectively, in 2023.

The Emirates of Abu Dhabi, Dubai, and Sharjah were among the best performing regions in the UAE in 2022, according to the publisher.

Key Highlights

The DFMGI Index exhibited a volatile trend over past year. As of March 9, 2023, the Index stood at 3,427.1, compared to 3,385.3 on March 9, 2022.

Scope

  • In July 2022, the UAE announced a plan to invest $23 billion for infrastructural development

Reasons to Buy

  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.

Table of Contents

  • Did You Know?
  • Country Highlights
  • Key Economic Updates
  • Country Snapshot
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technological Landscape
  • Legal Landscape
  • Environmental Landscape
  • Outlook
List of Tables
  • Exhibit 1: UAE's performance in country risk analysis in comparison to Middle East & North Africa and World average
  • Exhibit 2: Performance overview (score: 1-100)
  • Exhibit 3: Broad categories and weights behind the index
  • Exhibit 4: UAE’s Stock Exchange Index - DFM General Index (March 2022 - March 2023)
  • Exhibit 5: Key sectors’ contribution to the economy
  • Exhibit 6: FDI flows and greenfield projects position (2017-21)
  • Exhibit 7: Key infrastructure indicators
  • Exhibit 8: Real GDP and household consumption growth rate (2018-25f)
  • Exhibit 9: Real GDP growth rate comparison (2022)
  • Exhibit 10: Exports and imports growth (2018-25f)
  • Exhibit 11: Current account balance (2018-25f)
  • Exhibit 12: Top three commodity exports, % of total exports (2018-21)
  • Exhibit 13: Mineral fuels, oil and products, % share of the world’s total (2021)
  • Exhibit 14: Interest rates (March 2018 - March 2023)
  • Exhibit 15: Exchange rate and inflation (2018-25f)
  • Exhibit 17: General government net lending/borrowing (2018-25f)
  • Exhibit 18: General government debt (2018-25f)
  • Exhibit 19: Employed population and unemployment rate (2018-25f)
  • Exhibit 20: Average annual wages (2018-25f)
  • Exhibit 21: Labor force participation rate (2018-25f)
  • Exhibit 22: Rural-urban share of total population (2005, 2015, 2025)
  • Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025)
  • Exhibit 24: Gender split (2005, 2015, 2025)
  • Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022e)
  • Exhibit 26: Number of patents granted per million population (2021)
  • Exhibit 27: High technology exports, % of manufactured exports (2021)
  • Exhibit 28: Rule of law (rankings), 2022
  • Exhibit 29: Corruption perceptions index (rankings) (2022)
  • Exhibit 30: Renewable energy capacity (2017-21)
  • Exhibit 31: CO2 emissions (2017-21)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • EMAAR
  • Flydubai
  • Vox
  • Sharafco