Skip to main content

US Companies And Their Headquarters In The UAE

US Companies And Their Headquarters In The UAE

 As the world's largest economy, the United States (US) has been among the preferred investment destinations for UAE (United Arab Emirates) investors. American companies have also invested in the UAE, with their headquarters located across the UAE. Microsoft, Oracle, Tesla, LinkedIn, Cisco, and Facebook have headquarters in Dubai, a city in the UAE. 

In 2020, investors from the Emirates accounted for about $45 billion of FDI (Foreign Direct Investment) flows to the US. In 2021, there was more than US$25 billion in bilateral trade between the two countries. 

Earlier, Marisa Lago, US Under Secretary of Commerce for International Trade, said there was enormous potential to further boost US-UAE trade ties.

Over the past few years, many US companies have established a presence in the UAE. In 2016, US startup incubator 1776 opened an office in Dubai. In 2017, Elon Musk’s Tesla opened an office in the UAE. Microsoft also marked a major milestone when it opened two cloud region data centers in the UAE in 2019.

The UAE is the single-largest export market for the US in the MENA (the Middle East and North Africa) region, with more than 1,500 US companies operating in the country. The UAE is the preferred location for American companies because of its business-friendly environment,  durable banking sector, and diversified economy. The US recognizes the opportunities offered by the UAE economy, and many companies base their headquarters and regional offices in Abu Dhabi, the capital of the UAE, and Dubai.

 US investments in the UAE support the creation of jobs and provide liquidity to capital markets in many sectors, including aerospace, manufacturing, high technology, real estate, and logistics. Major global companies like Lockheed Martin, Boeing, Northrop Grumman, General Motors, Nova Chemicals, FedEx, Eli Lilly & Company, Mayo Clinic, and Cigna Healthcare also have headquarters in the UAE. Major US firms Microsoft, Oracle, and Tesla have also established a huge market in the UAE.


Labels:

Comments

Post a Comment

Popular posts from this blog

PM Modi Stresses Climate Finance and Technology at COP28 for Global South's Ambitions

 During the COP28 Presidency's session on Transforming Climate Finance, Prime Minister Narendra Modi emphasized the crucial role of climate finance and technology in realizing the aspirations of countries in the Global South, including India. Despite their limited contribution to climate change, these nations bear immense consequences, and PM Modi highlighted their unwavering commitment to climate action, despite resource constraints. Addressing the gathering, PM Modi stated, "We all know that countries in the Global South, including India, have played a lesser role in climate change. But the impact of climate change on them is immense. Despite a lack of resources, these countries are committed to climate action." He expressed the expectation of Global South nations for robust support from developed countries to combat climate change, considering the natural and justified need for assistance. PM Modi welcomed the decision to operationalize the Loss and Damage Fund, adopte
Post a Comment
Read more

Bangladesh Military Expresses Discontent Over Chinese Weapons; Reports 'Sub-Standard' and Faulty Parts

  Bangladesh, a traditional buyer of Chinese military equipment, has raised grievances with Beijing regarding the delivery of defective components and technical malfunctions in its imported military hardware. This issue is not unique to Bangladesh, as other nations like Myanmar have also encountered problems with Chinese fighter jets, according to an ET report. Experts in the Chinese defense industry argue that Beijing lacks the expertise to manufacture highly sophisticated military hardware and is not yet considered a top-tier producer of modern defense equipment. They claim that much of China's weapon systems are based on outdated technology copied from the West. Developing countries often opt for Chinese weapons due to their lower cost compared to similar systems from Western countries. China sells arms through state-run export organizations like the Aviation Industry Corporation of China (AVIC), NORINCO, and CVIC. Sources familiar with the matter told ET that the Bangladesh mil
Post a Comment
Read more

North Korea Celebrates 'New Era of a Space Power' after Satellite Launch

  In a significant development, North Korea recently celebrated what it termed a 'new era of a space power' following the successful launch of a satellite. The reclusive nation's space endeavors have long been a source of international concern and scrutiny, raising questions about its technological capabilities and intentions. This latest achievement has reignited debates and speculation about North Korea's space ambitions. The satellite launch, conducted by North Korea's space agency, comes amid a backdrop of geopolitical tensions and global attention on the Korean Peninsula. The state media hailed the event as a major milestone, highlighting the successful deployment of the satellite into orbit. However, it is important to note that the international community remains skeptical, with concerns over the dual-use nature of space technology that could potentially be applied to ballistic missile systems. North Korea's pursuit of space capabilities has been a conten
Post a Comment
Read more