Business Corruption in the United Arab Emirates
Corruption is a low risk for companies in the United Arab Emirates, the least corrupt country in the Arab world. The UAE offers a business-friendly environment, with an effective and efficient public administration. However, foreign companies must rely on local sponsorship if they want to succeed, and ruling families' involvement in the economy creates an uneven playing field. The
UAE Penal Code
criminalizes
active
and
passive bribery
,
embezzlement
and
abuse of functions
. Anti-corruption and anti-
fraud
legislation is enforced, and practices of
bribery
and
petty corruption
are uncommon.
Gifts
and hospitality are regulated under the UAE's anti-corruption framework.
Facilitation payments
are treated as bribes and are thereby illegal. It should be noted that information on business and political corruption in the United Arab Emirates is scarce due to severe censorship in the country, making it difficult to estimate the extent of corruption.
February 2016
GAN Integrity