By virtue of visionary leadership and successive political leaders, now United Arab Emirates has become icon of progress, prosperity and persuasion. It is sign of success, excel and pride too. Successful introduction of knowledge based economy and institutionalization of financial reforms has become hub of trade and commerce, knowledge and research, finances and services, tourism and recreation and the last not the least, international brands and multinational companies. Moreover, it has been ideal destination for foreign direct investment.
According to the latest Global report released by the World Economic Forum with local partners, the International Research Foundation and Arabian Research Bureau LLC. (May, 2010) UAE ranked highest in region for outlook that encourages trade. The UAE, with a score of 5.12 and a global rank of 16th, has topped the Gulf region. Sheikha Lubna bint Khalid Al Qasimi, Minister of Foreign Trade said, “under the directives of HH Sheikh Khalifa bin Zayed Al Nahyan, President of UAE and HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, the UAE adopts a balanced foreign trade policy built on the economic liberalization having a balanced approach in international trade and economy system with the aim of promoting investment relations between the UAE and other regional and countries around the globe, to build effective strategic trade partnerships that are mutually beneficial, and to achieve common goals with other international trading partners.”
Sheikha Lubna further said, the outcome of the Global Enabling Trade Report (May, 2010) has indicated that the emirates is rapidly growing in Read More »UAE: ICON OF PROGRESS, PROSPERITY AND PERSUASION