The mining industry in the Arab world is on the verge of explosive growth. New mining codes and regulations have opened up a series of private sector opportunities across many exciting countries as policymakers strive to diversify their economies.

Oil and global finance have been the main drivers behind the UAE's economy for the past 30 years, with its per capita GDP on par with that of leading West European countries. Last year, the country's estimated GDP was USD 407.6 billion.

The United Arab Emirates has an open economy strategy. Gold ($15.8 billion), diamonds ($12.3 billion), and raw aluminium were the UAE's top exports (4.22B). Gold ($31.9 billion) and diamonds ($12.5 billion) are the UAE's top imports, with India leading the way, led by Iran and Switzerland (source OEC).

The Dubai Gold and Commodities Exchange (DGCX), a subsidiary of the Dubai Multi Commodities Centre (DMCC), is the world's most important gold and commodity trading hub.

Realizing the potential of mineral fuels, the UAE government has increased investment in the sector to create more jobs, expand infrastructure, and allow the private sector more participation in utilities.

The United Arab Emirates currently mines a variety of minerals, including gypsum, copper, precious stones and metals, as well as salt and marble.

The UAE's minerals have become a significant source of revenue for the government, and recent economic data shows that the trade in mining products is continuing to grow at a positive annual rate.

Our mining group is regarded as a leading law firm in the sector in the United Arab Emirates and Africa, offering personalised advice to influential players in the mining industry. Has vast experience in mining transactions in all of the world's major mining regions.