After 2014 oil crisis, UAE decided to change its priorities from oil-based economy to knowledge-based economy in order to laid foundation of its economy on firm basis. But Dubai is far different form rest of UAE as it was already relying on business and tourism for its economy. Its efforts to improve its economic condition…
An important aspect of latest UAE’s economic strategy is growth of non-oil sector. This includes flourishing all types of business activities and providing facilities to different trades and companies. One such sector that is now gaining more attention in UAE and Dubai is the textile sector. UAE itself has a large textile sector and it…
Most of the times, companies in their beginning stage complete all of their tasks by themselves. It is easier for them due to minimum amount of work and it is also cost-effective. But with the advancement in business activities, it becomes difficult for them to handle the ever-increasing tasks by themselves due to overload. It…
UAE is expecting high for the latest adoption of knowledge-based economy. An important part of this new strategy is the education sector, especially related to science and technology. AI (artificial intelligence) is the most modern technology in science. In past few months, UAE has adopted several policies to grow AI technology and science sector in…
Since the inception of new economic policy after 2014 oil crisis, UAE is continuously trying to provide facility for various sectors for permanent stability and growth of its economy. One of the most important sectors for UAE is tourism that was flourishing in UAE (especially in Dubai) even long before oil crisis. It is mainly…
Before gaining the status of modern city in the latter half of 20th century, Dubai was known as a port and coastal city that was mainly dependent on maritime trade for its economic activities. But since the independence of UAE in 1971, Dubai has emerged as a hub of business and tourism in the whole…
