The United Arab Emirates (UAE) has jumped four places, according to the latest Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index rankings. UAE was ranked first in the Middle East while it jumped four places to 15th position in global rankings as the country’s economic and business sectors continue to strengthen following the decline witnessed due…
The Middle East GDP forecast stands at 2.5 percent, which is similar to the growth it saw from 2010 to 2019 which was 2.6 percent, despite the unprecedented decline in 2020. This growth is also down to the rollout of mass COVID-19 vaccines, which will help bring things back to normal in the second half…
With each passing day, United Arab Emirates (UAE) is launching new services and initiatives to remain ahead of the innovation curve whilst simultaneously providing valuable services to its citizens and tourists. Keeping in line with their values of self-improvement, UAE has launched a new visa that will be valid for 6-months to finalize the procedures…
A free zone is also commonly referred to as free trade zone is a defined geographical area within each emirate. These locations typically exist to help new businesses and startups because of no duties or taxes, which are levied in the free zone. The most important types of free trade zones are free zones, free…
The Free Zones World Economic Barometer study has revealed that free zones across the globe are all gearing up to overcome the challenges of the third-wave of COVID-19 pandemic and soon hopefully the post-pandemic world as well. The business in the free zones was first stalled due to the pandemic but has seen tremendous progress…
The United Arab Emirates (UAE) has massively improved in its rating and is now ranked as the 13th most preferred destination to work worldwide, according to a survey that featured over 209,000 respondents from 190 different countries. The new global study revealed that UAE’s improvement in rankings is mainly down to its strong response to…
