UAE is trying its best to minimize its reliance on oil & gas sector which is becoming more and more unpredictable with the passage of time. It is the reason that government is passing new laws continuously in order to assist the growth of other sectors. Even before the oil crisis of 2014, business was…
UAE is popularly known for its economic prosperity, caring government and availability of social wellbeing in the whole Middle East. The rulers of UAE are always ready to introduce new laws and take actions that would benefits their country, its citizens and millions of foreigners residing here. Efforts and performance of UAE for improving economic…
Negative impacts of 2014 oil crisis were seen in all the oil-based economies especially those located in the Middle East. This situation forced these affected countries to think something out of the box and take few special measures according to the gravity of this alarming situation. UAE was on the top of this initiative as…
The efforts to convert economy of UAE from oil-based to knowledge-based started after the recent oil crisis of 2014. But this strategy is not new for the emirate of Dubai. Dubai’s focus was always on strengthening of its economy through business, tourism and other activities related to knowledge and modern technology. It is the reason…
Everyone is aware about the diligence, forward looking and sincerity of rulers of UAE for prosperity of their citizens and foreign workers and growth of economic activities in the country. For this purpose, the government of Dubai and its various departments measure the performance of various sectors and make changes according to situation. We have…
An important feature that makes Dubai one of the most ideal places for businesses is the presence of large number of free zones in the emirate. Most of these free zones cater requirements for specific types of sectors or industries in order to provide facilities to companies in various fields. Dubai has always been a…
