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ING has supported clients in the Middle East for a long time — having opened its first office in the United Arab Emirates inonly a few years after the creation of the UAE in Global trading company uae when the Dubai International Global trading company uae Centre opened its doors just over a decade ago, we were one of the first tenants and global trading company uae has since been our base for servicing clients all over the Middle East.

Over those years, the financial services industry has developed enormously. We have built close client relationships across the region both with local companies and financial institutions such as First Gulf Bank and Abu Dhabi Commercial Bank.

This year, for example, we have been involved in a number of high-profile debt issues for these institutions and others in the region. Our strategy is not driven by a focus on market share. Rather, we know where our strengths lie and we are keen to do business in the areas where we have understanding and solid knowledge. We are growing globally and global trading company uae Middle East operations are just one part of that.

One of our strengths is our industry lending capability — we global trading company uae an industrial strategy rather than a geographic one — and there are a number of sectors that are particularly strong in the region, including infrastructure, oil and gas, metals and mining, transportation and financial institutions.

Our clients appreciate the fact that we have specialised knowledge in these industries. All around the Gulf, governments and businesses are recalibrating and reflecting on what the new oil price environment means, but that does not mean that the region will stop growing.

Investment may be delayed but growth can be sustained even at this level. Middle Eastern counties have long been investing with the future in mind in a range of diversified industries both internationally and, more importantly, locally to provide growth and employment for future generations — through entities such as Mubadala and IPIC.

While the local economy has been focused on oil and gas in recent decades, the Middle East has a history of being a key hub for global trade, having been a key stopping off point for those travelling between east and west since such trade began. Dubai serves as global trading company uae only gateway to Africa but to a billion population within 4 hours flying time. With its world-class airlines, airports and seaports, the UAE is once again at the centre of global trade.

This enviable transportation infrastructure has also opened up the region as a tourist destination, further diversifying its economy. Being a network bank that has operations in more than 40 countries, we take a global view of trade and finance and this perspective helps us to understand a region that by virtue of its location has always had a global outlook.

Global trading company uae are the number one bank in commodity trade finance, for example, which is vital in a part of the world that not only produces commodities in the form of oil and gas but also is a staging post for many others as they travel from Asia to Europe. Our network is there to allow us to support our clients wherever they want to do business. Masdar City, south of Abu Dhabi, is a remarkable project which demonstrates this.

Once scientists manage to make energy storage more affordable and available, global trading company uae solar projects will open up further areas of the Middle East. We also expect the growth of the tourism sector to continue unabated in global trading company uae such as Oman and the UAE, with all the infrastructure that goes with it, such as roads, rail and airports, expanding as well. The region also has a fantastic opportunity to showcase the diversity and growing maturity of its economy in the World Expo.

The six-month event will be held in Dubai with a focus on three areas — Opportunity, Mobility and Sustainability. Does President Trump have a point? Episode 1 — The Presidential Menace Training not tariffs: How to protect US free trade victims.

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Service your operational needs International payments and cash management Payments and collections Liquidity and cash management solutions Payment factory Merchant acquiring services Cards Trade global trading company uae services LCs, collections and guarantees. Finance your business Lending and debt capital Debt capital markets Corporate lending Lease Industry lending Infrastructure Metals and energy Natural resources Power and utilities Real estate Telecom, media and technology Transportation and logistics Food and agribusiness Sustainable finance Sustainable finance Commodity and export finance Trade and commodities finance Structured export finance Working capital solutions Trade receivables finance Supply chain finance Factoring.

InsideBusiness More information Login. Eastern Europe Ceske Drahy Kernel. United Arab Emirates once again at the centre of global trade 16 Nov.

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Central and Eastern Europe. Central and Southern Asia. Eastern Asia and Oceania. Read more Main Industry Sectors. United Arab Emirates is the 3rd largest oil producer in the world, with large reserves. Presently, their oil and gas reserves are estimated for years of exploitation. Manufacturing activities have witneesed an unprecedented growth in the last five years, particularly in sectors such as metal processing, furniture, industrial preparation of food stuffs, aluminum production, cement and construction materials, fertilisers, petrochemical industry, fiber glass and finally real estate.

The government is trying to develop new sectors, such as tourism, financial services and real estate. In this perspective, the Emirate of Dubai has multiplied the creation of free zones and is becoming a platform for re-export in the region.

There is also a number of great cultural projects museums, especially an annex of the Louvre museum and sport projects Formule 1. UAE was nevertheless hit hard by the global economic crisis, which has caused a felt slowdown of the country's growth. Different factors are at cause: Moreover, Dubai was the hardest hit, due to its position of a highly globalized platform and very high borrowing rates.

However, the authorities have reacted. The banking sector was consolidated through state guarantees on deposits, introduction of liquidity, recapitalization of banks, and an expansionary fiscal policy to preserve investments and enhance competitiveness.

UAE is the primary recipient of direct foreign investments on the Arabian Peninsula. Although the FDI flow increased in , it decreased in and especially in This trend continued in FDI stocks are concentrated in hydrocarbons and water and electricity production. The advantages of the Emirates are the country's easy access to oil resources, low energy costs, willingness to diversify the economy and high purchasing power.

The absence of direct tax on companies excluding banks, oil companies and telecom operators and people, of exchange controls and any limitations on repatriation of capital, as well as the existence of a banking sector that is both solid and profitable and a large pool of expatriate workforce constitute its undeniable benefits.

The country's main weakness is the small size of its domestic market. Till now not much progress has been made. However you can notice the flexibility of rules of access to real estate property for foreigners in Emirates of Dubai, Sharjah and Abu Dhabi. The strengths of the country are: There are legal obstacles for foreign investments.

Moreover, the obligation for recourse to a local service agent for the branches and representative offices of foreign companies represents a limit. United Arab Emirates are amongst the world's most dynamic markets in terms of foreign trade.

It is amongst the world's 25 primary exporters and 30 primary importers of commodities. United Arab Emirates has displayed a large commercial surplus in both and , due to the raising oil prices. The main products exported by the country are hydrocarbons, natural gas, dried fish and dates. The United Arab Emirates mainly imports machinery, transport equipment, chemical products and food stuffs.

My Dashboard Log out. Premium Membership Advertise Take a tour. Country Market Analyses Business Tips. United Kingdom United States Vietnam. Chad Comoros Congo D. United States Uruguay Venezuela. Albania Belarus Bosnia and Qatar Saudi Arabia Syria U. Advertise on this page Receive Updates. Country Strong Points The strengths of the country are: Country Weak Points There are legal obstacles for foreign investments. Foreign Trade Overview United Arab Emirates are amongst the world's most dynamic markets in terms of foreign trade.

We help you find service providers there! Trade in the United Arab Emirates! Search by keyword about the U. Market Analyses About the U. Import and Export Services in the U. Evaresta believes that going global early is best for all businesses. We are Mahindra Emirates vehicle armouring Fz. We build armored vehicles and our lineup includes armored passenger, Business Tips About the U. Taqaddam bialttaeawun mae almustathmir aldhy yurid 'arbah thabitatan fi al'aswaq almaliati.

The report provides guidance on required certificates for food products shipped to the United Arab Emirates. Agents and Distributors in the U. Overview About International Trade in the U.

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