THE ECONOMY OF UNITED ARAB EMIRATES

BUSINESS ENGLISH 1, 2009/2010PE5, Team THE BANANAS:Mirjana Ivanović, Nikolina Jarki, Josip Jerić, Nina Jocić, Ivana Joö, Ivana Jukić, Matea Jurica

THE STRUCTURE OF OUR PRESENTATION

• Introduction• UAE• Dubai - as an example • The future • Summary

GENERAL INFO

Federation of 7 emirates Abu Dhabi - the capital Political system

Islam, Arabic One of the most developed

economies in the Middle East

Origin

Government

Shari’a Population

Economy

Enormous investments

Centrally-planned free-market capitalism

Trade route between India and Europe

Free zones: Dubai Internet City Dubai Media City Dubai Outsourcing Zone

Off-shore & inland mega-projects

UAE - THE BIGGEST PROJECTS MARKET IN THE REGION

Hydropolis Burj Dubai Dubai Sports City Dubailand Capital City Al Maktoum International Airport Falcon City of Wonders Mall of Arabia Dubai Healthcare City The World Islands

SUMMARY Booming economy Effect of globalization > more liberal Population-wise > similar to Croatia Future plans > Readjusting the

economy Emphasis on education State-of-the-art projects What can WE learn from UAE?

Thank you for your

attention!