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United Arab Emirates

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria
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Country At A Glance

Flag of United Arab Emirates
Map of United Arab Emirates

Country Facts

Nominal GDP370.24 Billion USD
Population9.52 Million
Total Trade/GDP168.94%
CurrencyUAE Dirham (AED)
Merchandise Imports from Canada2,025.29 Million CAD
Canadian direct investment46 Million CAD
Main importsMachinery & Equipment, Precious Metals & Gems, Auto & Light Motor-vehicles, Base Metals

EDC in United Arab Emirates

Canadian companies assisted293
International buyers insured459
Business volume1,651.59 Million CAD

Business Environment

The UAE is a key Middle Eastern market for many Canadian exporters across a range of sectors. The UAE is very wealthy with a high per capital income and sizable annual trade surplus. The country has a stable economy with a modern political system. Successful efforts at economic diversification have broadened the scope of opportunities across all sectors. Free Trade Zones, offering 100% foreign ownership and zero taxes, are attracting foreign investors. Canada has a strong commercial trade relationship with the UAE and Canadians have made inroads in many sectors such as Oil & Gas, resources, power, infrastructure and environment and ICT. We continue to see opportunities that match Canadian capabilities in a variety of sectors.

Key Industries

  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Mining & Metals
  • Oil and Gas
  • Power
  • Services - Non-Industrial
  • Telecom
  • Transportation Services

How we can support your business

Through our representation in Dubai, United Arab Emirates, we provide on-the-ground support to Canadian companies planning on or currently doing business in United Arab Emirates. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market. 

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.

 

EDC Representatives

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Related Information

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