Emergence of Different Industries in UAE

United Arab Emirates that is the federation of 7 states has become one of the most ideal locations for business development and progress. Many businesses today are interested in having business setup in UAE. They see that with the growth of several industries at once in U.A.E, They too can earn fair share of revenues and market share. Globalization has shrunk the world in a small global village where everything is connected. This has made many organizations root for new places and new industries that can earn them profit and increase their offerings as well.

Many countries and states too today are making laws and regulations that can pave the way for an environment which is positive and ideal for business growth. U.A.E is ranked among those that are making laws to accommodate more business offerings and business development in its various states. U.A.E has appeared as an entity of importance after the discovery of oil there a few decades ago. But they haven’t restricted their reliance upon the oil sector. Instead, they have made and executed plans that bring revenues from other industries like tourism and real estate. Abu Dhabi among the states of the U.A.E. is the one with the highest oil reserves. It has 90 % of oil reserves of U.A.E & and owns around 10 % of the world’s oil reserves.  Among the seven states of U.A.E, Dubai and Abu Dhabi have the lion’s share of GDP.  U.A.E’s services, industry and agriculture sector accounts for 50%, 49% and 1 % of the GDP respectively. The industries in Abu Dhabi based on the oil reserves are more directed towards energy based organizations. While Dubai is more titled towards commercial and financial services, tourism, and logistics and trading.

With the growth of several industries at once in U.A.E, many consultancy firms are also getting their work in to proper shape to guide and help the businesses in business establishment or transition in U.A.E. Global Integrated services are a management consultancy firm that helps different clients with company formation in UAE. They offer services that can help companies from applying for visa and work permits to protection of intellectual properties and legal compliance. These services the help the clients in business establishment within less time and with proper compliance with the policies and procedures of the said state.