United Arab Emirates (UAE) PESTLE Insights - A Macroeconomic Outlook Report

United Arab Emirates (UAE) PESTLE Insights - A Macroeconomic Outlook Report

Summary
According to GlobalData estimates, mining, manufacturing and utilities activities contributed 31.3% towards GVA, followed by financial intermediation, real estate and business activities (21.9%), and wholesale, retail and hotels utilities (15.1%) in 2022. The three sectors are forecast to grow by 2.9%, 3.7%, and 2.5%, respectively, in 2023.

The Emirates of Abu Dhabi, Dubai, and Sharjah were among the best performing regions in the UAE in 2022, according to GlobalData.

Key Highlights

The DFMGI Index exhibited a volatile trend over past year. As of March 9, 2023, the Index stood at 3,427.1, compared to 3,385.3 on March 9, 2022.

Scope

• In July 2022, the UAE announced a plan to invest $23 billion for infrastructural development

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.