The UAE is a key Middle Eastern market for many Canadian exporters across a range of sectors. The UAE is very wealthy with a high per capital income and sizable annual trade surplus. The country has a stable economy with a modern political system. Successful efforts at economic diversification have broadened the scope of opportunities across all sectors. Free Trade Zones, offering 100% foreign ownership and zero taxes, are attracting foreign investors. Canada has a strong commercial trade relationship with the UAE and Canadians have made inroads in many sectors such as oil & gas, resources, power & water, infrastructure (including healthcare) and ICT.