The United Arab Emirates (UAE), a federation of seven emirates in the Arabian Peninsula, has a population of about 11 million in 2025. It is known for its oil wealth, futuristic architecture, and international business hubs.
The UAE’s economy, with a GDP per capita of around $50,000 USD in 2025, is highly diversified. Although oil and gas remain significant, sectors like finance, tourism, real estate, and aviation play major roles. Dubai and Abu Dhabi are key drivers of economic growth.
Major cities include Dubai, known for its modern architecture and vibrant business environment; Abu Dhabi, the capital and a cultural and economic center; Sharjah, recognized for its cultural contributions; and Al Ain, known for its universities and gardens.
Ease of doing business in the UAE
The United Arab Emirates’ economy is thriving and opportunities to do business in the country are many:
- the UAE’s currency, the dirham, which is pegged to the US dollar, is secure and freely convertible;
- here are no restrictions on profit transfer or capital repatriation;
- import duties are low (less than 4 per cent for virtually all goods and zero for items imported for use in free zones);
- labor costs are competitive;
- federal corporate tax and personal taxes are nil and numerous double taxation agreements and bilateral investment treaties are in place. In addition, the financial risk is minimal.
These factors, combined with a strategic, accessible location for major regional markets, an excellent reliable infrastructure and an extremely pleasant, stable and safe working environment are key elements why Dubai and the other Emirates attract businesses.
Top-5 supermarkets in the UAE
Carrefour: A global retail brand, Carrefour has a strong presence in the UAE since its entry in 1995. It is known for offering a wide range of products including fresh groceries, electronics, clothing, and household essentials. Carrefour stands out for its commitment to sustainability and customer satisfaction, blending luxury and affordability in its shopping experience.
LuLu Hypermarket: Founded by Indian-born businessman Yusuff Ali M.A, LuLu Hypermarket is a key player in the UAE retail sector. With multiple hypermarkets, supermarkets, and department stores, LuLu offers quality goods from around the globe. Known for hosting cultural and festive events, LuLu Hypermarket is integral to the diverse community fabric of the UAE.
Spinneys: Established in the 1960s in the UAE, Spinneys is renowned for its selection of fresh produce, premium meats, gourmet products, and international brands. Spinneys is a leader in sustainability and community involvement, regularly supporting local agricultural projects and emphasizing eco-friendly initiatives.
Waitrose: A British supermarket chain, Waitrose has established its mark in the UAE market, offering a luxury shopping experience with a focus on quality and international products. They are committed to ethical sourcing and environmental sustainability, featuring a selection of Fairtrade items and eco-friendly packaging initiatives.
Union Coop: Established in 1982, Union Coop is known for serving both Emirati and expatriate communities through a vast network of outlets. They offer fresh produce, household essentials, and products from local and international brands. Union Coop is unique for its cooperative structure, reinvesting profits back into the community and supporting various charitable initiatives.
FMCG agents in Dubai
There is a number of FMCG agents active in Dubai with access to supermarket buyers. Please be aware that having an agent often included paying a commission. For small quantities this may seem favorable, but if you expect a larger market it may be cheaper in the long run to have someone working for you on a part-time basis for a monthly fee.

