The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 3rd largest in the Middle East, with a gross domestic product (GDP) of US$415 billion in 2021-2023.
Dell Inc. is an American technology company that develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies.
The Emirate of Ajman is one of the seven emirates of the United Arab Emirates. It joined the United Arab Emirates federation on December 2, 1971. It has an area of 259 square kilometers, which makes it the smallest of the emirates in terms of area, while its population of approximately 504,846 in 2017 according to the Federal Competitiveness and Statistics Center makes it the fourth most populous emirate in the country. It is named after the city of Ajman, which is its seat of government. The main landmass of the emirate is a semi-enclave, surrounded on the north, east, and south by the Emirate of Sharjah.
Drop shipping is a form of retail business in which the seller accepts customer orders without keeping stock on hand. Instead, in a form of supply chain management, the seller transfers the orders and their shipment details either to the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the goods directly to the customer.
Euromarket Designs Inc., doing business as Crate & Barrel, is an international furniture and home décor retail store headquartered in Northbrook, Illinois. They employ 8200 employees across over 100 stores in the United States and Canada, with franchises in Central America, South America, Asia and United Arab Emirates.
Essendant, formerly known as United Stationers, is a national wholesale distributor of office supplies, with consolidated net sales of $5.3 billion. Essendant stocks over 160,000 items, including traditional office products, office furniture, janitorial and break room supplies, and technology products. Essendant is headquartered in Deerfield, Illinois, and also has operations in Dubai, United Arab Emirates (UAE).
Al Ghurair Group, also known as Saif Al Ghurair Group, is a Dubai, United Arab Emirates-based business group founded by the Al Ghurair family. A diverse conglomerate, it has operations in the Middle East, North Africa, Europe and North America. The grandsons of Al Ghurair Group founder Ahmad Al Ghurair run the group. Abdul Rahman Saif Al Ghurair serves as group chairman and Majid Saif Al Ghurair is the group's chief executive officer.
The Jashanmal Group is a wholesale distributor of consumer goods and services in the Persian Gulf region. The company, established in 1919 by Rao Sahib Jashanmal with its first store in Basra, Iraq as a general store selling many of the products that are still sold in the stores today. Expansion through the GCC followed the path of oil discovery, first into Kuwait in 1934, then Bahrain in 1935 and subsequently into UAE, with stores in Dubai in 1956 and Abu Dhabi in 1964. In the environment of fast expanding markets Jashanmal evolved from solely a retailer to also specializing in the wholesale and distribution of consumer products.
EFG Hermes Holding S.A.E. is an Egyptian financial services company present in the Middle East, North Africa, Sub-Saharan Africa, and South Asia regions and specializes in securities brokerage, asset management, investment banking, private equity and research in addition to finance lease, factoring, microfinance, Financial technology, mortgage, and insurance. EFG Hermes serves a range of clients including sovereign wealth funds, endowments, corporations, financial institutions, high-net-worth clients and individual customers. EFG Hermes is listed on the Egyptian Exchange (EGX) and London (LSE) stock exchanges. EFG Hermes has offices in Egypt, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Pakistan, Oman, Kuwait, Jordan, Kenya, Nigeria, UK, United States and Bangladesh with over 4,500 people from 25 nationalities. They serve clients from the Middle East, North Africa, Europe and the United States. Currently, EFG Holding is listed as number 13 in Forbes' Top 50 Listed Companies in Egypt 2023.
The economy of Dubai represents a per capita gross domestic product as of 2022 of US$46,665. Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, announced that the UAE's non-oil trade over 10 years totalled Dhs16.14 trillion. The UAE GDP jumping from $407 billion in 2021 to $440 billion in 2022 and $467 billion in 2023. Similarly, per capita GDP will also expand from $43,868 in 2021 to $46,665 in 2022 and $48,822 in 2023.
Majid Al Futtaim Holding is an Emirati holding company based in Dubai. The family-owned conglomerate owns and operates shopping malls, retail, and hotel establishments in the Middle East and North Africa.
LuLu Group International is an Emirati-based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. It was founded in 2000 by M. A. Yusuff Ali from Nattika in Kerala, India. The Group mainly operates "Lulu Hypermarket", a chain of hypermarkets that ranks among the top grocers in many of the markets it operates in. LuLu has over 65,000 employees of various nationalities.
Al Tayer Group is a privately held holding company established in 1979. Currently, the group operates in 6 countries in the Middle East, including nearly 200 stores and 23 showrooms in multiple markets in the Middle East.
Bijoux Terner is a global chain of fashion retail stores with over 700 locations around the world and headquartered in Miami, Florida. Bijoux Terner has over 35 years of experience designing, sourcing, and selling fashion accessories: watches, necklaces, pashminas, scarves, handbags, ties, and travel accessories.
Bosaso Tannery is a tannery headquartered in Bosaso, the commercial capital of the autonomous Puntland state in northeastern Somalia.
Dubai Airport Freezone is a designated free economic zone in Dubai, United Arab Emirates, providing company formation and business setup services in Dubai. DAFZ is home to more than 2,000 registered businesses from over 20+ sectors and various industries, with 20,000+ professionals.
AW Rostamani Group, also known as “AWR”, is a privately held company established in 1954 in Dubai, United Arab Emirates, by Al Rostamani brothers, Abdullah and Abdul Wahid Al Rostamani. The company is headquartered in Dubai and employs over 3,800 workers. The Group operates 12 companies in seven diverse sectors: automotive, real estate, retail, lighting, travel and logistics.
Dragon Mart is a set of two adjacent shopping malls in Dubai International City, a suburb of Dubai, United Arab Emirates. Dragon Mart is 1.2 kilometre long and is the "largest Chinese retail trading hub outside mainland China". It is includes the largest concentration of Chinese businesses in the UAE.
Hatil is a Bangladeshi furniture manufacturer and retailer, based in Dhaka. The company was established in 1989 by Selim H. Rahman. Hatil traces its roots to H.A. Timber Industries Ltd., a company established in 1963 by Rahman's father, Al- Haj Habibur Rahman. Hatil has its presence in 18 countries and is the largest furniture exporter of Bangladesh.
Designated Freezones in the United Arab Emirates are special areas in the United Arab Emirates that are subject to special rules for supplies of goods within the region for VAT purposes. They are instrumental components of the country's economic landscape, contributing significantly to its development and global standing. Established to diversify the economy away from oil dependence, these zones serve as pivotal entities fostering international trade, foreign investment, and economic growth.
