February 23, 2016 - 8:12 AM EST
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PESTLE Analysis of the UAE 2015 - Research and Markets

Research and Markets (http://www.researchandmarkets.com/research/nwhdzs/pestle_analysis) has announced the addition of the "PESTLE Analysis of the UAE 2015" country profile to their offering.

The UAE economy is dominated by the industrial sector, which contributed approximately 58.2% to the total GDP in 2014

Mining and quarrying made the major contribution of 34.6% to GDP. The UAE significantly relies on its hydrocarbon sector where the share of oil-related activities accounted for about 29% and non-oil activities accounted for 71% of total GDP in 2014. Strong investment plans of the UAE government in infrastructure and major projects will support the high growth of the economy. The UAE government has diversified the economy from the oil sector to the non-oil sector. The non-oil sector that includes tourism, hospitality, and finance is expected to drive economic growth during the forecast period.

The report highlights various drivers and challenges, which have influenced investment decisions in the economy. The UAE is a politically stable country, which follows absolute monarchy. The UAE has 7th largest oil reserves and 7th largest natural gas reserves in the world. It is the 6th largest petroleum exporter in the world. The country has a strong current account surplus and high foreign reserves. The industrial sector is the main sector, which drives the economic growth of the UAE. In the industrial sector, the manufacturing and construction industries together contributed 9% share of GDP in 2014. The UAE is highly dependent on oil revenue, which is one of the main challenges. If oil prices go down, it directly affects the country's GDP. Another challenge for the UAE is low R&D investment.

Key Topics Covered:

1. Executive Summary

2. UAE's Political Analysis

3. UAE's Economic Analysis

4. UAE's Economic and Business Risk Analysis

5. UAE's Social Analysis

6. UAE's R&D and Technological Factors

7. Legal Analysis of UAE

8. UAE's Environment Analysis

9. UAE's SWOT Analysis

For more information visit http://www.researchandmarkets.com/research/nwhdzs/pestle_analysis

Research and Markets
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Sector: Business

Source: Business Wire (February 23, 2016 - 8:12 AM EST)

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