Using Foreign Direct Investments to Boost Economic Development – UAE Case Study
There is no novelty among businessmen that the UAE represents the country of business opportunities. In the present, the UAE is the leader in direct investment, with 14.3%, world-wide. This work paper aims to show how adequate financial and fiscal legislation together with innovative and performing management can lead to rapid economic growth and spectacular social development. The research analyzed on the current situation of direct investment in the UAE, its unicity, and proposes solutions for their development in order to ensure sustainable economic growth, as the redirection of investments, from the oil and gas sector to the services sector, and research / development.
Keywords - Foreign Direct Investments; GCC; UAE; economic growth; fiscal facilities.