United Arab Emirates is mostly urban; 78% out of 9.47 million people live in the cities. The most populated cities are Dubai (1,137,347), Abu Dhabi (603,492), Sharjah (543,733) and Al Ain (408,733).
The economy is very strong due to the rich natural resources such as petroleum and natural gas which are exported to many countries. UAE has one of the highest per capita GDP in the world and one of the biggest ($3,081.34) average monthly disposable salary.
Tourism also provides a substantial contribution to the economy. In 2016 UAE attracted 19,131,000 international tourists which brought $18.7 billion to GDP. Dubai is considered the most popular shopping destination in the world. Visitor exports provide approximately $29.9 billion annually.
Franchise opportunities are facilitated by Free Trade Zones giving a possibility of 100% foreign ownership and absolutely no taxes. Overall franchise business earns $30 billion and is constantly extending.
American brands with a share of over 70% are highly dominant on the market. Other numerous representatives are from Japan, China, Germany, UK, and Italy. There is still a steady flow of requests from both franchisees and franchisors for new franchise brands.
Over 100 different types of franchises are operating in UAE; the most popular franchise sectors include: automotive, fast food, convenience stores, retail, fashion, dry cleaning, automotive, restaurant, mail and packing service.Browse franchise List in United Arab Emirates
Capital: Abu Dhabi
Currency: UAE dirham
Education Index (2013): 0.673
Official languages: Arabic
Per capita GDP (PPP): $68,424
Quality-of-life index (0-10): 7.33
Population: 9.27 mln
Total GDP (PPP): $693.765 billion
Ease of Doing Business Ranking, Rank: 21
Human Development Index (HDI): 0.840