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Introduction to the U.A.E
The United Arab Emirates (UAE), located in the southeast of the Arabian Peninsula, is a federation of seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras Al Khaimah, and Umm Al Quwain. Since its founding in 1971, the UAE has transformed from a small, oil-based economy into a thriving global hub for trade, finance, and tourism. Its rapid modernization and impressive infrastructure development have earned it a reputation as one of the most dynamic countries in the Middle East.
Population and Demographics
With a total population of around 10.2 million (2023), the UAE is a multicultural society with a majority expat population. Only about 11% of the population consists of Emirati nationals, with the rest composed of expatriates from Asia, Europe, Africa, and other regions. Indians and Pakistanis represent the largest expat communities, followed by Filipinos and people from various Arab countries. English is widely spoken and serves as the primary language in business, education, and tourism, although Arabic is the official language.
The National Economy – Key Facts and Figures
The UAE’s economy is one of the most diversified in the Gulf Cooperation Council (GCC). While oil and natural gas continue to play a crucial role in the economy, especially for the capital, Abu Dhabi, the UAE has successfully diversified into sectors such as finance, tourism, real estate, manufacturing, and technology. This economic diversification has made the UAE less vulnerable to fluctuations in oil prices and has positioned it as a regional and global business hub.
GDP and Growth
As of 2023, the UAE’s GDP is estimated at $501 billion, making it the second-largest economy in the Arab world, after Saudi Arabia. The economy has shown remarkable resilience and continues to grow, with a projected growth rate of 3.9% in 2024, driven by expansion in non-oil sectors, particularly in trade, tourism, and finance.
The UAE’s economic strategy is shaped by its Vision 2021 and UAE Centennial 2071 plans, which aim to create a knowledge-based economy, foster innovation, and enhance the country’s competitive edge. By shifting its focus from oil, the UAE has been able to establish itself as a global trade and investment hub, attracting foreign direct investment (FDI) worth $21.8 billion in 2022.
Key Economic Sectors
- Oil and Gas: While contributing around 30% to the UAE’s GDP, oil and gas remain crucial, especially in Abu Dhabi, which possesses over 90% of the UAE’s oil reserves. The country ranks as the seventh-largest producer of oil globally, with daily production exceeding 3 million barrels.
- Finance and Banking: Dubai has established itself as a leading financial center, with the Dubai International Financial Centre (DIFC) being a major hub for international banking, insurance, and investment. Banks such as Emirates NBD, Abu Dhabi Commercial Bank, and First Abu Dhabi Bank are among the largest in the region.
- Tourism: Tourism is a cornerstone of the UAE’s economy, contributing 11.6% to the GDP. The UAE attracted 22 million tourists in 2022, with Dubai and Abu Dhabi being the key destinations. Iconic attractions include the Burj Khalifa, Palm Jumeirah, Louvre Abu Dhabi, and the Sheikh Zayed Grand Mosque.
- Real Estate: Dubai and Abu Dhabi’s real estate markets are among the most lucrative in the world, contributing significantly to economic growth. High-profile real estate developments like the Burj Khalifa and the Palm Islands have placed the UAE on the global map for luxury living and commercial properties.
- Technology and Innovation: The UAE has made significant investments in technology and innovation, with an aim to become a leader in artificial intelligence, blockchain, and renewable energy. The country launched the UAE Space Agency, which successfully placed the Hope Probe in Mars’ orbit in 2021. The Mohammed bin Rashid Al Maktoum Solar Park, the largest in the region, is part of the UAE’s commitment to sustainable energy.
Employment and Income
The UAE is known for its tax-free salary structures and high-paying jobs, especially in finance, technology, real estate, and the energy sector. For instance:
- Investment bankers can earn between AED 60,000 and AED 100,000 per month.
- Software engineers typically earn around AED 15,000 to AED 40,000 per month, depending on their experience.
- Senior project managers in real estate can earn around AED 50,000 to AED 80,000 per month. The UAE also has a large labor force in lower-paying sectors such as construction and hospitality, where
Education and Opportunity
The UAE has developed a robust education system over the last few decades, with the government making significant investments in both public and private education. The country is home to a number of world-class universities and business schools, attracting students from across the region and beyond. The UAE is particularly focused on developing skills in science, technology, and business to support its economic transformation.
Higher Education Institutions The UAE has a number of prestigious universities and business schools, including:
- United Arab Emirates University (UAEU) in Al Ain
- Khalifa University in Abu Dhabi
- American University of Sharjah (AUS)
- University of Dubai
In addition to local institutions, the UAE has attracted a number of international universities to set up campuses, including New York University Abu Dhabi (NYUAD), London Business School, and INSEAD Middle East Campus. These universities offer internationally accredited programs in management, business administration, and engineering, making the UAE an education hub for aspiring business professionals.
Demand for Management and Business Education
The UAE’s rapid economic growth has led to a high demand for skilled managers and business professionals, particularly in sectors such as finance, real estate, tourism, and technology. The increasing complexity of business operations in the UAE has created a demand for business education at all levels, from undergraduate degrees to executive MBAs.
There is a growing demand for executive education programs in the UAE, as companies seek to upskill their leadership teams. Many multinational corporations and local firms sponsor their employees for advanced management courses, both within the UAE and abroad.
Global Management Academy offers the most comprehensive range of business and leadership courses to busy professionals in the U.A.E, both online and virtual, for managers at all levels from Team Leaders to Senior Executive levels.
Explore our courses in Abu Dhabi and Dubai:
Explore Management Courses in UAE
Explore Professional Credentials available in the UAE
Global Professional Credentials provide the learning and verification of your expertise in key business and management skill-sets (finance, sales, marketing, operations management etc.)
Key Features of Global Management Courses in the UAE
Skills-focused Development
Develop your skills in specific profession-focused Certificate credential programs (such as Finance, Marketing, Operations Management etc,).
Advance your Career
Global Professional Credential programs comprise 3 to 5 vital skills courses. All courses specify the skills acquired, and the CPD hours acquired.
Digital Credentials
On completion you will receive Global Digital Professional Credentials (Certificate, Badge and Learning Transcripts).
Earn and Share Credentials
Your credentials are accessed on the blockchain secure credential platform and you can share your achievements on social media, and with current and prospective employers.
Career Focused Certifications
Develop your skills in specific profession-focused Certificate credential programs (such as Finance, Marketing, Operations Management etc,), and internationally recognized Management Qualifications offering Bachelor and MBA level alternative certifications which enable rapid career progression.
Best Practice Online Learning
All learning with Global Management Academy is delivered online and on-demand through the Global E-Learning Portals in your country. Global uses best practice e-learning to enables busy professionals to advance careers online and throughout your career in management.
Live Courses Calendar in your City
Prefer classroom learning? - Global courses will also be available in your city in combined classroom and online learning Join your industry peers in your region to develop your expertise, and complete your online exams to earn your Global and GIAM Certifications.
Digital Credentials
On completion you will receive Global Digital Professional Credentials (Certificate, Badge and Learning Transcripts).
our credentials are accessed on the blockchain secure Credential.net platform and you can share your achievements on social media, and with current and prospective employers.
FAQ
Got a Question? We're here to help!
A Management Credential from Global Management Academy is awarded for completion of a series of courses across a range of Management Competencies (based on the G-IAM) internationally recognized competency framework.
Candidates first enrol in their chosen level of management, and on completion of a set number of courses qualify for Management Credentials.
A Global Management Academy Professional Credential is awarded for completion of a series of courses within a specific business or management skill set.
On completion of a set number of courses, candidates will qualify for the Professional Management Credentials.
A Global Management Academy Digital credential is the acknowledgement that you have invested time in developing your skills. Global Digital credentials comprise digital badges and certificates, and the technology to promote your achievements, and showcase your knowledge and skills across social media platforms, and with your employer and recruitment platforms.
Global credentials are verifiable using secure blockchain technologies.
On completion of all Global courses, you will be able to download and print a completion certificate. The Certificate will also detail your acquired CPD hours from the course of study.
On completion of your Management Credential Program, you will recieve Digital Certification and a Digital Badge from Global Management Academy on the Accredible.net Blockchain verified digital certification platform. You will be able to share you achievements on multiple social media and career sites.
Learners are free to complete their learning at their own pace. On average, learners take 2 to 3 months to complete a Certificate Program, up to 5 months to complete a Diploma and up to 8 months to complete an Advanced Diploma.
Assessment in GMA Credential programs takes the form of Online-quizzes (normally 3 in each course). Each quiz has a pass mark of 70% and you can take the quizzes as many times as you wish.
All Global Management Academy courses and programs are delivered through Online Learning through the Global E-Learning Portal. Each course comprises:
- Online Lectures and interactive learning
- Online Videos
- Online Quizzes
- Downloadable Learning Manuals (80 pages +)
- Additional downloadable workbooks, articles, and case studies.
Each course in the Global Academy carries a number of credits, which demonstrate the amount of study time you have put into your learning. 1 credit is equal to 10 hours of learning. Therefore, if a course has 2 credits, it will take approximately 20 hours of study to complete.
In addition to the online learning, you will have access to downloadable learning manuals and associated case studies, workbooks and management resources for each course.
You will receive continuous email and phone support from your tutor throughout your program.
YES! Your membership package includes lifetime access to any Digital Credentials you achieve, even if you have ended your Academy subscription.
If you are not satisfied with your Academy within the first 7 days of purchase, we will refund your money (no questions asked).