FMC Group in the UAE
FMC Group’s service portfolio in the UAE
The UAE Market
- A hub for the GCC (56 million people) and the Middle East (358 million people) regions
- 5th largest economy in the Middle East in terms of GDP PPP (2019)
- Attractive market with a high GDP per capita (USD 37,750 in 2019)
- A major source of oil & gas, and a big market for imported machinery, motor vehicles and plastics.
- Economy is no longer reliant on oil only. There are opportunities for trade, services & finance sectors, tourism with modern architecture, entertainment and dining venues, traditional markets, shopping centers and sporting events.
- Customs Union for GCC States, FTAs with EFTA and Singapore
- Incentives in free zones
Disclaimer: Although we carefully researched and compiled the above information, we do not give any guarantee with respect to the actuality, correctness, and completeness.