- Global Concord General Contracting LLC
P.O.Box 31761, 4 - Saih Sheib - Dubai Industrial Park - Dubai,
Dubai, United Arab Emirates.
- Telephone:+971 4 240 0606
- FAX:+971 4 240 8801
The seven Emirates created a federation in 1971 with its capital in Abu Dhabi. The population growth in UAE at 7% (Dubai is 8%) is the highest in the world with a GDP growth last year for the whole UAE of 5.2% to reach 100 Billion Dollars and to reach 200 Billion Dollar in 2015 as is expected to grow around 5% this year due to higher oil prices with record trade and budget surpluses.
The Emirates are bordered to the north by the Gulf and the Musandam Peninsula, to the east by Oman, to the south and west by Saudi Arabia and to the northwest by Qatar. Abu Dhabi is the largest Emirate, and the remainder (Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al Qaiwain) are known collectively as the Northern States. Since the last three years as the property market in UAE has opened for the foreign investors here there were many changes, more companies acting in this sphere were registered. Such an amount of firms has also affected the qualitative structure of the property market.