Introduction
International business and finance has developed due to increased globalization and internationalization. This has led to development of new economies, which are driven by development of communication and technology. This paper will focus on United Arab Emirates (UAE) as one of the emerging economy and its suitability to attract foreign direct investments. United Arab Emirates is located in the Middle East and has been among the most developed and with highest potential among the countries in the Middle East. It received its independence on 2nd December 1971 from Britain. It contains seven emirates and the capital city is Abu ...