Dubai is the UK’s 12th largest export market and the largest in the Middle East with bilateral goods and services trade worth £10.6 billion.
And if you think it’s all about oil in Dubai, think again – the United Arab Emirates (UAE) has diversified its economy to the point where non-oil sectors now contribute more than two-thirds (70%) towards the nation’s gross domestic product (GDP).
More than 4,000 British companies, including BP, Shell, Rolls Royce, BAE Systems, Standard Chartered, HSBC and RBS, operate from the UAE, while 779 commercial agencies and 4,762 British brands have invested there.
If you’re thinking of joining them and doing business in, or exporting to Dubai or anywhere in the UAE, here’s all you need to know…