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Charles Martin
charlesmartin173@gmail.com

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Economic 360 for the UAE Growth Prospects and Emerging Opportunities in the Manufacturing Industry
MarketReportsOnline.com now has the new Frost & Sullivan Report “Economic 360 for the UAE Growth Prospects and Emerging Opportunities in the Manufacturing Industry” in its store.

BriefingWire.com, 6/12/2012 - The manufacturing growth in the UAE has been led by the development of the cement, petrochemicals, electrical machinery and power, food processing, and pharmaceutical industries. The government has been encouraging investments through special zones like the Industrial City of Abu Dhabi (ICAD) and Dubai Industrial City (DIC). The manufacturing industry is an important component of the government's plan of economic transformation. The UAE is expected to emerge as a logistically and economically viable manufacturing base for the supply of hardware and power electronics in the Middle East. The government is also encouraging investments in energy-intensive manufacturing industries.

Political Framework

•Economic 360 Perspective: Key Features of Political Structure (UAE), 2011

•The council of ministers or cabinet headed by the Prime Minister is the executive authority of the federation.

•The constitution was established on December 2, 1971 on temporary basis and was made permanent in 1996. The constitution separates power into executive, legislature and judicial branches.

•The unicameral Federal National Council (FNC) is the legislative branch of the UAE.

•The UAE is made up of seven emirates of Abu Dhabi, Dubai, Sharjah, Ajman, Umm-al-Quwain, Ras-al-Khaimah and Fujairah under a constitutional framework.

•The ruler of Abu Dhabi is the President of the UAE and the head of the state. The ruler of Dubai is the Prime Minister of the UAE and the head of the government.

•The local government is formed based on the population size of the emirates. The interrelation between federal and local government is governed by the constitution.

•The supreme authority in the UAE is the Federal Supreme Council (FSC) comprising the rulers of the seven emirates. The FSC is responsible for federal legislation and legal policies in the UAE.

•Elections are held for one half of the Federal National Council (FNC) members and the other half is appointed by the government.

The UAE Government Objectives: 2011–2013

•Formulating effective regulation and integrated policies by resourceful planning.

•Coordination and cooperation among federal entities and local governments.

•Focus on high-quality, customer-centric, and uniformed government services.

•Achieving excellence through strategic thinking, continuous performance management and efficient resource management within federal entities, and leveraging dynamic partnership.

•First-rate education system

•Social cohesion and national identity

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