The United Arab Emirates (UAE) is among the top ten oil-producing countries in the world. Located in the Arabian Gulf, the UAE demographic statistics indicate a population of about 4.32 million people with a free-market economy. Additionally, the country does not restrict private-sector enterprises and has enacted policies that encourage foreign investment and international trade. In fact, even with the current global economic meltdown, the economy of UAE has remained steady and resilient. Definitely, the future economic environment of the UAE looks even brighter with renewed confidence in many sectors of the economy, such as manufacturing and real estate. According to the International Monetary Fund (IMF), the Gross Domestic Product (GDP) of UAE grew up from US$386 billion to US$394 billion between 2012 and 2013 due to the increase of oil and non-oil GDP by 6.6% and 3.1% respectively (Goyal, 2003). The IMF also projects a 3.7% and 3.8% growth rate in 2014 and 2015 respectively. Due to its robust competitive edge, some of its major cities like Abu Dhabi and Dubai have become premier commercial destinations (Shediac, Abouchakra, Moujaes, & Najjar, 2008). Abu Dhabi oil industry As one of the largest oil producers in the world, UAE’s economy normally relies on the oil and gas industry. Although there are many companies mining oil in the UAE, Abu Dhabi National Oil Company is the most dominant. The company exports over 2.9 barrels of crude oil daily to various countries, such as USA, China and Japan, 30% of non-oil merchandise to India, 23% to neighboring countries, and 12% to European countries. Since 1998, when the UAE doubled its oil and gas prices, the country has never experienced an economic growth rate of less than 1.7% (Krane, 2012). Dubai Aluminum To cut the overreliance on oil for economic development, the UAE continues to encourage Foreign Direct Investment (FDI) by investing over US$20 billion and US$6.8 billion for industrial development. Consequently, this has led to massive industrialization and some companies such as Shell and Dubai Aluminum are leading exporters of goods mined in the country. Today, major cities such as Abu Dhabi, Sharjah and Dubai are emerging as manufacturing destinations of petrochemicals, computers and consumer electronics. Opportunities In 1962, the UAE was a small nation with a sluggish economy. However, since its first oil export the year later, the country has risen into a pearling nation and it currently ranks among the fastest-growing economies in the world. Since 1980, the UAE has experienced massive industrialization, setting up high-technology industries for electronics and pharmaceuticals. Equally, other sectors of the economy such as tourism have expanded with over 5 million tourists visiting the country, and 16 million passengers using airport facilities per year (UAE Ministry of Economy, 2012). To attract FDI, the UAE has created “offsets” program that allows companies to invest 60% in non-oil industries with added benefits such as office space and no withholding taxes. This has made cities such as Dubai a leading financial centres that compete with some of the world’s best financial centers such as New York, Lond