E-Commerce seems to be the buzzword of the present in the UAE, as companies transfer their operations online and individuals set up new businesses to market products online as a direct effect of Covid-19. In March 2020, the Khaleej Times published that the UAE’s e-commerce sector is expected to be worth almost AED 100 billion…
Have you always dreamed of setting up a new business on social media from home? You may want to market cosmetics and beauty products. Or you might already be selling products on your social media and thinking, ‘Is it legal to sell online in the UAE?’ Dubai has focused on being the leading e-commerce centre…
Health, fitness and wellbeing is indeed a huge business. As per the latest projections, by the end of 2021, the global demand for exercise equipment itself is expected to be worth AED 45 billion. Apart from the increase of equipment, applications and wearable devices, the need for a personal trainer is one of the major…
The company’s financial statements normally contain the statement of income, the balance sheet, and the statement of cash flow. The statement of income summarises income, expenditures, and earnings for the reporting period. The balance sheet reports the assets, liabilities, and equity of the lenders, and the cash flow statement summarises the cash inflows and outflows.…
The UAE has one of the world’s largest and fastest-growing pool of entrepreneurs. At least 20,000 new businesses begin operations annually in Dubai alone. When a business community thrives at that rate, it is sure to require business support services such as legal consultancy. The strong connection between the UAE and the international market, alongside…
In recent decades, the UAE economy has experienced unprecedented growth. This economic boom in the UAE is due to the dynamic leadership that has established attractive policies that have drawn international investors to invest in the country. Both the Emirates-based male and female residents are either working or run their own company. The need for…
