The next day, while Zheng Haiquan was discussing various specific matters with the Saudi Ministry of Commerce, Yang Chen took the time to go to the United Arab Emirates.

He has never forgotten the World Cup. It is a rare opportunity to make a lot of money, and only a fool would miss it.

The locals in the Middle East are rich and willful. If you don't make money, you won't make it in vain. If you miss the opportunity this time, you will have to wait until the next World Cup.

There was a gap of several years, and he couldn't wait that long.

UAE, full name is United Arab Emirates.

Many people must have never heard of this country. Are they confused?

It doesn't matter, we will briefly mention a federal country within the United Arab Emirates, and everyone will be familiar with it.

The most famous city in the Middle East in later generations, Dubai, is one of the seven federal states of the United Arab Emirates.

The seven federal states of the United Arab Emirates: Abu Dhabi, Dubai, Sharjah, Fujairah, Umm Al Quwain, Ajman and Ras Al Khaimah.

The United Arab Emirates is located in the eastern part of the Arabian Peninsula, bordering the Persian Gulf to the north, Qatar to the northwest, and Saudi Arabia to the west and south. The two countries are close together.

The total area of ​​the United Arab Emirates is about 80,000 square kilometers, and its capital is Abu Dhabi. Yes, Abu Dhabi, not Dubai.

In later generations, the United Arab Emirates was not well-known, but its federal state, Dubai, became famous overseas. This does not mean that Dubai has a lot of oil.

Dubai is different from other countries in the Middle East. Apart from initially relying on oil to obtain original funds, Dubai's subsequent development basically did not rely on oil.

The oil reserves of Abu Dhabi, one of the federal states of the United Arab Emirates, account for nearly 90% of the UAE's oil reserves.

Therefore, Dubai has understood from the beginning that if it wants to gain a voice within the UAE, it cannot rely on oil. Otherwise, even if it unites with several other federal countries, it will not be Abu Dhabi's opponent.

Since the opening of the canal in the 1970s, Dubai has begun to develop towards economic diversification.

Trade in the 1980s and tourism in the 1990s. Because of Dubai's open policy, it has become the financial center and tourist city in the Middle East in just a few decades.

Tourism, with nearly 10 million visitors every year, has become one of Dubai's main sources of economic income in later generations.

It is true that oil makes money, but sometimes it is actually more profitable to be a bankrupt. The development model chosen by Dubai is very similar to Xiangjiang.

Hong Kong relies on the entire continent, while Dubai relies on the entire Arabian Peninsula and even the entire Middle East.

In the early 1980s, trade has become the fastest growing economic pillar in Dubai. Among the more than ten free trade zones spread across the United Arab Emirates, Dubai is the largest free trade zone in the Middle East.

What is a free trade zone?

This is somewhat similar to the special economic zones currently being implemented in the interior. Many countries in the Middle East have open free trade zones to attract foreign investment.

It is exactly the same as the inland special economic zone. The only difference is that the inland investor is the state, while the Middle East adopts a guarantor system. If a foreign businessman sets up a company in the Middle East, it must be guaranteed by a local person, and the guarantor must hold at least 51% of the shares.

Even 100.

This special guarantor system prevents many large companies from easily setting foot in it. Dubai has made great changes in this regard, which is completely different from the free trade zones in other countries in the Middle East.

In Dubai, enterprises in the free trade zone do not need joint ventures, and foreign investors can own 100% of the equity. In addition, foreign-invested companies also enjoy fifty-year tax exemptions, and the tax exemption period can be extended after the expiration of the period depending on the situation.

The craziest thing is that Dubai has also canceled a series of taxes such as personal income tax and import taxes in the free trade zone, making it a perfect tax haven.

Relying on various preferential policies, Dubai has attracted countless corporate and individual investors.

Although the population of the entire United Arab Emirates is a bit small, no matter how small the mosquitoes are, they are still meat. Moreover, Dubai is developing at a very fast pace. One step at a time, one step at a time, Yang Chen will naturally not miss the opportunity to take advantage.

Dubai has a tropical desert climate, with dry climate throughout the year, low rainfall, low latitude, and high temperatures.

Dubai has only two seasons in a year, winter from December to March, and summer from April to November.

In the summer in Dubai, the average temperature is around 50 degrees Celsius. Under normal circumstances, when the human body temperature exceeds 42 degrees Celsius, the function of the central nervous system will be seriously disordered, the proteins in the body will be denatured and coagulated, and the body organs will be damaged and failed, resulting in

Life is in danger.

Fifty degrees Celsius is scary just thinking about it.

Although the weather in Dubai is not very hot in February, Yang Chen has no interest in traveling at all. The reason is simply because the Dubai that appears in front of him is a huge construction site. No matter where he goes, construction is going on everywhere.

.

As a city located in the desert, the sandstorm is a unique feature of Dubai. Now with the construction everywhere and the dust flying all over the place, there is no time to go out and have fun.

"Rashid, are there many Chinese workers here in Dubai?"

On the way here, Yang Chen saw many Chinese faces. Although Arabs and Chinese have the same yellow skin and black hair, there is still a big difference between the two and they are easy to distinguish.

Rashid nodded and said: "There are many, not only in Dubai, but also in other federal countries in the United Arab Emirates. There are many Chinese workers. Most of them come to help us build roads, housing and other infrastructure."

In the 1970s and 1980s, the UAE gained huge wealth through oil. Because it was poor earlier, the UAE's infrastructure was almost zero. Now that there is money, it is natural to build a large scale.

Due to its limited population, the UAE can only recruit manpower from other countries. Inland civil engineering construction is notoriously fast, so infrastructure such as bridges, roads, residences, and schools across the UAE are basically contracted to inland construction companies.

Most of these construction companies are government employees, and they mainly earn US dollars from them. The UAE is now so poor that only US dollars are left. They are very willing to exchange money for a brand new UAE.

Rashid looked forward to it and said: "Yang, can you let me take a share in your branch in Dubai? Don't worry, I only invest money and don't interfere in the company's operations. I just wait until I make money in the future and get the dividends."

"

Yang Chen: "No problem, with you as a prince acting as a protective umbrella, I believe the company will develop much easier."

Seeing that Yang Chen agreed directly without any hesitation, Rashid was so happy that he patted his chest and said: "Don't worry, not to mention Dubai, but the entire United Arab Emirates. With me here, the company will definitely not have any problems."

Through understanding, Yang Chen also learned that although Rashid, the prince of Dubai, is not very likable sometimes, his status in the Dubai royal family is still very high. With such a person acting as a protective umbrella for local snakes, he can do things well.

Much more convenient.
Chapter completed!