The federation’s economy is dominated by the petroleum produced primarily in the Abu Dhabi emirate. The wealthiest of the emirates, Abu Dhabi contains one of the largest concentrations of the world’s proven oil reserves and contributes a significant portion of the national budget. The emirate of Dubai, whose economy is centred more on business than on oil, serves as a commercial and financial hub for the region and leads the country in economic diversification.
Source: britannica.com
In 2022, the Advisory Board Centre mapped professionals currently serving on Advisory Boards. This assessment identified over 10,000 professionals on Advisory Boards in UAE, or 1% of the global Advisory Board market.
Research has identified that the Advisory Board sector is emerging, and Advisors exist as a profession in the UAE. As an emerging sector, advisory board professionals may have opportunities in key sectors including – food, pharmaceuticals and heavy industries – and are encouraged to stay open-minded to start-up and emerging industries.
There is a growing opportunity for professionals to increase participation in the UAE, by formalising Advisory Board structures and collaborating on a global scale. As this sector grows, it is important to note that best practice credentials will shift the market from informal to formal Advisory Boards over time.
| Population | 10.21 million |
| GDP | $415,022 USD million |
| Agriculture | 1.36% |
| Industry | 34.19% |
| Services | 64.44% |
| Agriculture | .91% |
| Industry | 47.48% |
| Services | 51.6% |
| Import | $246,886 USD million |
| Export | $335,238 USD million |
| Global ease of doing business rank | 21st |
| Global ease of doing business score | 78.73/100 |
