Economic diversification strategy
The UAE Ministry of Economy and Tourism is promoting its strategic plan to attract foreign capital, offering 100% ownership to investors and world-class logistics infrastructure, with the aim of doubling GDP and expanding the global reach of its businesses.
The strategy of Emiratos Árabes Unidos to be the epicenter of global business
In a strategic move to diversify its economy and reduce dependence on hydrocarbons, the government of Emiratos Árabes Unidos (EAU) is actively promoting his plan 'Economy of the 50s'This initiative, launched in 2020 and aligned with the program's long-term objectives 'Centenary of EAU 2071 ', seeks to position the country as a investment and foreign trade hub of global reference. According to official information published by the Ministerio de Economía y TurismoThe goal is to achieve a qualitative leap in national economic growth, double the Gross Domestic Product, and strengthen the business environment so that Emirati companies can compete globally.
To achieve this, the Emirati authorities are facilitating a business environment already considered world-class, with one of the most advanced logistics infrastructures in the world. One of the pillars of this strategy is openness to foreign investment, allowing the 100% ownership of companies by international investorsThis measure eliminates significant barriers and encourages the inflow of capital. This approach has positioned EAU in prominent positions in international rankings: it occupies the first place in the tax impact index on investment and ninth in the investor protection strength index.
Economic data that support the opening strategy
The strength of the Emirati model rests on robust macroeconomic figures and a diversified network of trading partners. The strategy is based not only on future projections but also on proven economic performance, which serves as a foundation for attracting new projects. Ministerio de Economía y Turismo It highlights that the country's economy, beyond its energy potential, demonstrates dynamism in multiple sectors that are key to the new knowledge and innovation economy. The diversification of its trading partners is evidence of its role as a link between East and West.
| Economic Indicator of EAU | Key Figures (in billions of dirhams – AED) |
|---|---|
| Gross Domestic Product (GDP) | Figures available in the Ministry's open data section. |
| Main Trading Partners (2020) | Country-specific data available on the official portal. |
International agenda to strengthen economic and tourism leadership
The proactive nature of the Emirati government is reflected in an intense international agenda during this month of June 2026. On June 11, it was confirmed that EAU will be the venue for the next meeting of Executive Council of the Organization of the Naciones Unidas for TourismThis milestone underscores its commitment to sustainability and innovation in the sector. Earlier this month, on the 8th, the Ministry reminded private limited companies of their obligation to hold general meetings before June 30, 2026, in order to strengthen their preparation for a possible listing on the financial markets.
In May, activity was equally outstanding. The minister Abdullah bin Touq met with him Arab Council in the Federation of Chambers of Commerce and Industry of the India to explore the expansion of Indian companies in the new economy sectors of EAUIn addition, the country presented its business and events tourism model at the fair. IMEX Frankfurt 2026consolidating its reputation as a leading destination for the MICE (Meetings, Incentives, Conferences, and Exhibitions) segment.
Key points and frequently asked questions about investing in the UAE
How does this strategy affect Spanish companies?
Openness to 100% foreign ownership and legal certainty make EAU on an ideal platform for Spanish companies to access not only the local market, but the entire region of Oriente Medio, África and the south of AsiaThe first-rate logistics infrastructure greatly facilitates foreign trade and re-export operations.
What specific advantages does the UAE offer to an exporter or investor?
In addition to a highly competitive tax environment (first place worldwide in tax impact), EAU It offers strong investor protection, a streamlined bureaucracy ("zero bureaucracy initiative"), and an innovation ecosystem in sectors such as technology, finance, and renewable energy. The connectivity of its ports and airports is a strategic asset.
Beyond oil, what sectors are priorities in the 'Economy of the 50s'?
The plan focuses on high value-added, knowledge-based sectors. These include tourism, advanced logistics, financial technology (FinTech), artificial intelligence, clean energy, agribusiness technology, and the digital economy. These are the areas where international partners and investors are actively being sought.
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