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The United Arab Emirates (UAE) ranks among the top 15 defense spenders in the world according to Business Monitor International (BMI).
The UAE is planning to develop a hydrogen industry ecosphere, and this may create new opportunities for U.S. companies.
Abu Dhabi National Oil Company is inviting U.S. petrochemicals and derivatives manufacturers to participate in the development of the Ruwais Derivatives Park.
The UAE’s ambitious Space Program creates numerous export opportunities for U.S. companies to partner with the UAE government and Emirati private sector.
United Arab Emirates – Federal Companies Law is Amended to Allow 100% Foreign Ownership.
The United Arab Emirates is investing in Health IT products and services for electronic medical records (EMR), telemedicine, smart health & apps to improve efficiencies and improve patient health and safety.
The Abu Dhabi National Oil Company (ADNOC) will raise crude production capacity to 5 million barrel per day (bpd) by 2030.
U.S. businesses in the data privacy field may provide valuable best practices to UAE regulators who are currently developing a new Federal Data Protection Law.
UAE defense sector spending increased by 38 percent in 2019 and is expected to remain strong in 2020, offering opportunities for U.S. companies, provided offset obligations are met. A company incurs offset obligations if the value of the supply contract is equal to or more than $10 million, and if the value is less than $10 million, but the company already has active offset obligations.
U.S. companies with 3D printing capabilities that cater to aircraft parts could have an advantage in the UAE market.
The UAE holds opportunity for competitive U.S. construction products, services and technology companies, particularly, in the area of 3D printing.
The Abu Dhabi National Oil Company (ADNOC) is pressing ahead to raise crude production capacity to 5 million barrel per day (bpd) by 2030. ADNOC stated that they are on track to increase supply to over 4 million bpd by the beginning of April 2020.
U.S. healthcare companies should consider attending the region’s largest annual healthcare trade show, Arab Health, which is currently scheduled for February 1 – 4, 2021 in Dubai.
The UAE Government is currently developing its new Federal Data Protection Law. This is a unique opportunity for the country to build a framework for data privacy law that fosters an innovative business environment. A unique opportunity exists for U.S. businesses to provide best practices to the UAE regulators.