Wednesday 22 February 2017

Business Opportunities in UAE

Different businesses all over the world are into making and executing strategies that will increase their bottom line. They don’t want to be limited to one place for their business. The way world has become a global village has created several opportunities for different businesses all over the world to expand their work. Many organizations today are into vertical and horizontal integration of their business. They find several opportunities one way or another and they want to make the most of it. Many countries too today are making laws and creating environment that will pave the way for future business projects there. United Arab Emirates is one among them. With the discovery of oil there in the late 20th century and the constant development, it has made many businesses interested in having business setup in UAE. U.A.E has become an ideal place for business growth. There are several factors that a business looks into when they want to enter business in a new area. U.A.E fulfills several of the conditions naturally making it a better place for business initiation and transition.
Among the seven states that compile the federation of U.A.E, Abu Dhabi is the one that earns most of the GDP share. It is also the state with the highest number of oil reserves in U.A.E. According to reports of 2015, the city of Abu Dhabi is now producing 3.3 million barrel oil per day. And this shows an increment in comparison with the 2.9 million barrel out production per day.  Most of the industries that are working in Abu Dhabi are related to the energy sector.

This development in Abu Dhabi and many other development plans going on in different cities has attracted many businesses in company formation in UAE. There are several consultancy firms that help different businesses out by offering several services. Global integrated services are one among them and have helped several clients with company formation in U.A.E. The most demanded service that they offer is of PRO. They also offer the service of protection of intellectual properties in U.A.E.

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