Attention in the UAE as well as in the Gulf countries generally, is still directed towards the private sector to contribute in the development and in building the economy in the next few years, particularly after the government has provided all the elements of its national economy and went to reinforce the participation of the private sector in the development and directing the national investments internally through large economic structures and also to absorb the available liquids and reduce the financial burdens of the government. Consequently, applying the privatization policy in the UAE helped including the private sector in the development and utilizing its savings internally instead of directing it abroad. This was reflected positively on all economic sectors in the country. It also had positive effect in reviving internal investment by giving the chance to small investors to invest their money inside the UAE in national industrial projects. In this respect, there is also a positive note with the government declaration of its intention to privatize the Telecommunication Company in the light of the World Trade Organization Treaty.

 

PRIVATIZATION IN UNITED ARAB EMIRATES HAS BEEN DONE IN VARIOUS BUSINESS SECTORS:
 
Real Estate Industry Logistic  
Information Tech. Banking contracting  
services industry media & publishing tourism  
HEALTH EDUCATION TELECOMMUNICATION  



 
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Last updated on 24-05-2013