According to a study by the World Travel & Tourism Council (WTTC), the contribution of tourism in the UAE’s economy in 2016 remained US$ 64 billion and it is expected to double in the next 10 years. Comparatively, the share of tourism in the economy of UAE in 2015 was US$ 36.43 billion. This clearly…
UAE is the most advanced country not only in the Middle East but also in the entire Arab world. The country has opened its doors for visitors around the world by providing exceptional business opportunities which also opened the door for world class foreign education institutes like New York University and Sorbonne. These foreign institutes…
Most of the gulf countries developed their infrastructure and provided high life standard to their people using their oil and petroleum exports. But the continuous reduction in oil and petroleum prices since 2014 badly affected these oil and petroleum based economies. Most of these Gulf States had to decrease their incentives provided to people, expelled…
The Food and Beverages industry is one of the most lucrative industries in the UAE. People with high living standards, presence of large number of foreign citizens and incentives provided by the UAE government are few of the reasons behind booming of food and beverage industry in UAE. Recently, there were few concerns about openings…
UAE is one of the world’s best business hubs and one important reason for the UAE to achieve that status is the presence of special free zones in the country. There are several free zone areas in all the states of UAE while Dubai and Abu Dhabi are leading the list with most free zones…
The Gwadar Free Zone sits near the Gwadar Port which is located on the shores of Arabian Sea in the province of Baluchistan, Pakistan. The estimated cost of this Chinese finance project of CPEC is 36 Million US dollars. The main objective of this project is to create a backup port industry for Gwadar Port.…