Mirrored in the words of its founder, Al Fahim's inspiring success reflects a nation's progress of even greater dimensions. A desert landscape on the Gulf coast transformed into a hotbed of trade and commerce; a rich heritage seamlessly merged with a futuristic vision, the United Arab Emirates has changed beyond belief. Its visionary rulers and an equally dedicated people are at the heart of this incredible transformation.
Covering around 99,600 sq. km., the UAE is a confederation of seven emirates that lie along the eastern coast of the Arabian Peninsula. In the considerably short time span since its unification in 1971, the country has witnessed tremendous growth and development fueled by the combination of vast oil wealth and revolutionary leadership.
Today the UAE is a thriving economy well diversified into oil and non-oil sectors. Major emphasis is laid on finance, trade, service, tourism and IT sectors. Private sector participation is encouraged, and a strong UAE Dirham fixed against the US Dollar (US$ 1 = Dhs 3.67) adds further incentive for the prospective investor. The country hosts four Free Zones that offer an even wider range of options to both potential investors and existing enterprises, while state-of-the-art port facilities ensure world-class standards for both importers and exporters alike. As a member of the World Trade Organization, the UAE conforms to the provisions of GATT, GATS, and Trade Related Aspects of Intellectual Property Rights (TRIPS), and has diverse trade agreements with various countries across the world.
For business or for pleasure, the UAE's growing reputation as the gateway to the Middle East is a source of pride for all those who contributed to its phenomenal success; amongst them standing is the Al Fahim.