Following the mass rollout of COVID-19 vaccinations, the businesses are slowly and steadily resuming their operations as they used to be. The pandemic saw a mass downsizing across the globe due to sustainability issues by various companies but now, the companies are starting to hire people back. The “Great Place to Work”, a global consultancy…
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…
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…
The United Arab Emirates’ inbound tourism spend is expected to cross $25.3 billion by the year 2025, according to findings of Travel Forecast Model from leading market research firm Euromonitor International. Tourism industry has been halted due to the COVID-19 pandemic but experts claim that the industry will recover in 2022. However, mass vaccinations and…