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.

ScopeIn July 2022, the UAE announced a plan to invest $23 billion for infrastructural developmentReasons to BuyMacroeconomic 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 operationsAlong 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.