Dubai Global Village is one of the world’s largest shopping and entertainment events that has been held on annual basis since 1996. The current Dubai Village event is underway since 1st November 2017 and it will remain open till 7th April 2018. In order to attract more and more citizens and tourists, the administration of the…
Jebel Ali Free Zone (JAFZ) in Dubai is primarily famous for providing free zone business opportunities to foreign investors. Here, companies are provided with several benefits related to free zone. But JAFZA (Jebel Ali Free Zone Authority) is not limited for provision of free zone facilities as there are opportunities for offshore companies as well…
Despite concerns about the effects of newly implemented value added tax (VAT) on businesses in UAE, the Department of Economic Development (DED) is confident that the new tax will impact positive changes on local businesses as well as on the economy of UAE as a whole. According to an official of DED, the implications of…
A new era has started in UAE and Saudi Arabia on 1st January 2018 with the implementation of value added tax (VAT). It is the first time that such tax was implemented in the Gulf region. There was much concern and anxiety among masses after the announcement of tax last year as people were not…
Fujairah is one of the seven emirates of UAE. The geographical location of Fujairah makes it a unique one different from all other emirates. Fujairah is the only emirate present exclusively along the Gulf of Oman. All the other emirates are either located around Persian (or Arabian) Gulf or have access to both Persian Gulf…
Sharjah is the only emirate in UAE that has access to both west and east coast of Persian (or Arabian) Gulf. This strategic location is quite helpful for the most important northern emirate and it is using it for financial gain. Around 40% of industries in the UAE are located in Sharjah while it was…
