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Arranging Trade Finance Globally
(Youngest company nominated as Finalist for Trade & Export Middle East Awards 2013)
(Finalist for the Gulf Capital SME Info Awards under Category Business of The Year, 2013)
selamat datang ke dubai Malay
Hunyng do dbi chinese
duba' m pak svgata hai Hindi
Hunyng do dbi mandarin
tupy varavpu tamil
Welcome to Dubai - English

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In less than 40 years, Dubai has transformed
itself from a local trading community into one
of the most inspirational, exciting and
successful cities in the world.

With an indigenous population of just
170,000, the number of Dubai expatriate
residents now stands at 2 million,thanks to its
lifestyle appeal and investment incentives.

The tax-free policies and penalty-free
repatriation of earnings have enormous
benefits on both a personal and business
level, with outstanding opportunities for
private savings and professional profits.

As thousands of new businesses are
discovering each year, Dubai is the perfect
gateway between East and West and the
preferred hub for the regions imports and
exports market one of the most lucrative in
the world.

Dubais strategic location gives easy access
to 2.2 billion consumers, from a unique
centralised time zone that combines East and
West business hours.
Dubai overview
Snap shot
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Dubai Population in millions (2011) 2.17
Dubai GDP (USD billions in real terms, 2011) 83.34
Dubai GDP per capita (USD, 2011) 41,670
Doing Business Ranking for UAE (2012) 33
Global Competitiveness Ranking for UAE (2011-2012) 27
Dubai total imports USD billions (2011) 179.4
Dubai total exports and re-exports USD billions (2011) 117.4
Index of Economic Freedom Ranking for UAE(2012) 35- Moderately free
Stage of Development for Dubai (2011) Stage 3: Innovation Driven Economy
Human Development Index Ranking for UAE (2011) 30, Very High Human Development
Sources: Dubai Statistics Centre, FDI Intelligence, World Bank, UNCTAD
Economy and market trends
Economic history of Dubai
Dubai is one of seven emirates that make up the federation of the United Arab Emirates (UAE). In
1833, eight hundred members of the Bani Yas tribe led by the Maktoum family settled at the mouth of
Dubai creek. This beautiful natural harbour enabled Dubai to rapidly become a successful centre for
fishing, pearling and trading.
Seventy years later, at the dawn of the 20th century, Dubai was a thriving sea port. The souk (Arabic
for market) on the eastern bank of the creek was the largest of its kind on the coast, with 350 shops
and a steady flow of visitors and businessmen. By the 1930s, Dubais population had grown to nearly
20,000 a quarter of which were expatriates.
In the 1950s the creek began to silt due to the number of ships that found it vital for their trade. In an
ambitious but highly perceptive vision, the late Ruler of Dubai, His Highness Sheikh Rashid bin
Saeed Al Maktoum, decided to have the waterway dredged. The result was a dramatic increase in the
volume of cargo entering and leaving Dubai. Ultimately it established Dubais future as the Middle
Easts major trading and re-export hub.
When oil was discovered in 1966, Sheikh Rashid used the revenue to rapidly develop infrastructure
including schools, hospitals, roads, modern telecommunications networks and transport systems. A
runway extension that could accommodate any type of aircraft saw Dubai International Airport begin
its journey to becoming one of the busiest in history and the largest man-made harbour in the world
was constructed at Jebel Ali including a business free zone for foreign investors.
Dubais formula for development was becoming evident to everyone visionary leadership, high-
quality infrastructure, an expatriate-friendly environment, zero tax on personal and corporate income
and low import duties. As a result, Dubai quickly became a business and tourism hub for a region that
stretches from Egypt to the Indian sub-continent and from South Africa to the CIS countries.
In the 1980s and early 1990s, Dubai took a strategic decision to become a leading international
tourism destination. It is now known throughout the world for its luxury hotels, remarkable
architecture, world-class entertainment and sporting events.
Such a meteoric rise has led to the city being ranked as the top foreign direct investment destination
by the FDI magazine of the Financial Times. According to FDI Intelligence, in 2011 while many
economies were coming to terms with the aftermath of the global financial crisis, Dubai attracted
overseas investment for a total of 273 projects worth USD 6.3 billion, creating more than 15,260 new
jobs in the process.
Dubai is home to more than 20,000 international companies, including offices from 124 of the
Fortune 500.
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Arab & Gulf Economic
Developments

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Performance of National
Economy

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Objectives
Dubai: Catalyst for trade finance in
the subcontinent and Africa Cost
Reduction



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Index
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Dubai - Catalyst For Global Trade Finance

Facts & Figures
The local time is GMT + 4 hours.
Office hours are usually from 8.30 or 9.00 am to 5.30 or
6.00 pm
The Dirham has been pegged to the US dollar since the
end of 1997 at a mid rate of Dhs 3.67.
Languages : Arabic, English, Hindi, Urdu and Farsi.
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Dubai An Oasis in the Desert
Strategically located between Europe
and Asia, the United Arab Emirates
has become the headquarters of choice for
hundreds of multi-national public and
private companies.
Home to just over 2 million people
from more than 200 nationalities, Dubai is
one of the most cosmopolitan cities in the
world.
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Trade Facts and Figures
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Direct Foreign Trade (USD Mio) Q3: 2013
Import 112,585
Export 28,200
Free Zone Trade (USD Mio)
Import 50,833
Export 2,755
Custom Ware-house Trade (USD Mio)
Import 2,646
Export 557
Definitely Dubai
Global Economic Hub
Broad Based Economy
Political & Economic Stability
Open & Free Economic System
World Class Infrastructure
Competitive Cost Structure
Extensive Foreign Trade Network
Multi-Culture Community for Skilled Professionals
Specialist Financial Services
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Dubai - The Gateway to Global
Business Opportunities
No taxation on profits or income.

No foreign exchange controls or restrictions on capital movement.

A stable, freely convertible currency.
Strategic location, bridging time zones between Europe and the Far
East.
Efficient and well-developed support services, telecommunications
and air links.
High quality, reasonably-priced office accommodation.

Excellent conference and exhibition facilities.
A cosmopolitan lifestyle and tolerant, virtually crime-free
environment.

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Thank you.
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