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UNITED ARAB EMIRATES

about

Aug 12, 2015

UAE

 

used skills

international marketing

 

client

 

launch the project

 

UNITED ARAB EMIRATES

UAE is one of the stablest Gulf States. Actually, many of our customers work in this country. Its population is small and wealthy, and terrorism is not present. It has good relationships with the United States. UAE has a low democracy and transparency level. Public expenditure is completely paid by oil revenue. This revenue finances the social welfare system and new futuristic investments in real estate and tourism. We expect a solid growth in the next trimesters, with a real GDP expanding of 4.0% and 3.8% respectively in 2015 and 2016. We think that the Emirate of Dubai is trying to overcome Abu Dhabi, because the financial crisis of 4 years ago is completely over now, mainly in tourism and trade. Additionally, we think the real estate is having a sustainable growth. The increasing credit to the private sector is expected to be slow until 2016. In fact, the trade banks are accumulating reserves to face possible credit decline determined by the impeding financing debt.

Paesi Obiettivo

Arabian Gulf,