Africa and the Middle East
Australia and New Zealand
Central and South America and the Caribbean
Renewable energy will play an important role in meeting these targets.
The UAE government is enacting policies and programs to help it become a hub for pharmaceuticals and is establishing medical research and development centers across the country.
The Middle Eastern nation has created the world's first Minister of Artificial Intelligence position, and both the public and private sectors are investing in AI research and development.
The Middle Eastern nation has set a goal of 27 percent of its energy coming from "clean" sources by 2021.
The government plans to use drones to make deliveries to residents, and has created a prize to encourage innovative uses of drones to improve daily life.
A strategic location and government investment are making the Middle Eastern nation into a global hub for air transport, and the country is also investing in space exploration.
The country aims to host 1.3 million medical tourists per year by 2021, and needs medical equipment to support the growing industry.
Wisconsin exporters should take a closer look at these strong and growing sectors.
Although sharia prohibits Muslims from purchasing and consuming alcohol, 85 percent of UAE residents are expats.
Because they have kept production costs low, the GCC countries' oil and gas sectors are well positioned to weather an economic downturn, and are expected to keep increasing output—translating into a continued need for equipment and support services.
The United Arab Emirates (UAE) is one of the most lucrative markets for foreign defense original equipment manufacturers (OEMs) and is expected to spend $52.5 billion during the period 2013-2017.
The Middle East and North Africa (MENA) region’s information and communications technology (ICT) spending forecast for 2016 is expected to grow $104 billion, up from $101 billion last year. The Gulf Cooperation Council (GCC) countries are the front-runners in the Middle East’s spending surge on ICT. Within the region, the United Arab Emirates (UAE) and Saudi Arabia are the two largest ICT markets, followed by Qatar.
Sales of beauty and personal care products in the Middle East and North Africa (MENA) region recently surpassed the $24 billion mark, with the United Arab Emirates (UAE) dominating in terms of per capita spending.
Fatemah Sherif, research analyst for Euromonitor International, reports that the United Arab Emirates (UAE) “air care” market is currently dominated by a growth in consumer appetites for scented candles. According to her, popular scents among UAE nationals and Arab expatriates in the UAE include the Arabian fragrance (Oud), with other nationalities preferring lavender, chocolate, cinnamon, sandalwood and vanilla.
The United Arab Emirates’ (UAE’s) life sciences sector is fueled by opportunities for innovation. The sector’s size is growing rapidly, and is expected to reach $46 billion by 2019.